262 Beckham DrColliervilleTN38017
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Collierville at 262 Beckham Dr, Collierville, TN, 38017 priced at $1,420,000 converts $6,490/mo rent into after a $6,950/mo obligation. Total monthly income equals $6,490/mo. Return on cash invested prints 15.13% in year one, and rental yield reads 5.48% against a $1,420,000 entry. Equity gained on principal adds $9,163/yr, while 5% annual appreciation compiles into $392,320 by year five. Five-year ROI reaches 76.82% and total cumulative return in cash sums $353,447. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,490/mo property income covering a $6,950/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38017, Collierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,367 (100%) |
| Owner Occupied HU | 16,144 (75.6%) |
| Renter Occupied HU | 4,404 (20.6%) |
| Vacant Housing Units | 819 ( 3.8%) |
| Median Home Value | $469,255 |
| Average Home Value | $509,344 |
Housing Distribution
Address Breakdown
Residential
21,646
Single Family
19,614
Multi-Family
2,032
Businesses
1,288
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Listed by: James M Harvey • Keller Williams
Mls Name: MAAR
Mls ID: #10208565