450 Fletcher RdColliervilleTN38017
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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 450 Fletcher Rd, Collierville, TN, 38017 offers $2,080/mo rent that, after a $4,968/mo payment. Total monthly income is $2,080/mo. Return on cash invested measures 5.79% in year one, and rental yield stands at 2.46% at a $1,015,000 entry. Equity gained on principal adds $6,550/yr while 5% annual appreciation compounds into $280,426 by year five. Five-year ROI records 26.75% and total cumulative return in cash reaches $87,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,080/mo property income versus a $4,968/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
6.07 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: S. Matt Wood • Chamberwood Realty Group
Mls Name: MAAR
Mls ID: #10208624