381 Bouldincrest AveColliervilleTN38017
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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 381 Bouldincrest Ave, Collierville, TN, 38017 priced at $275,000 converts $2,316/mo rent into $670/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,316/mo, and annual cash flow totals $8,037/yr on $91,163 invested. Return on cash invested prints 28.73% in year one, and rental yield reads 10.11% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 149.86% and total cumulative return in cash sums $136,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1973
9,583 sqft 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: Mark A Stauffer • Keller Williams Realty
Mls Name: MAAR
Mls ID: #10206762