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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Memphis at 5515 Harmony Woods Drive, Memphis, IN, 47143 at $262,500 posts ROI 28.04% with $590/mo cash flow from $2,174/mo rent. Total monthly income equals $2,174/mo, and annual cash flow records $7,077/yr on $87,019 to close. Return on cash invested measures 28.04% and rental yield reads 9.94% at the current $262,500. Equity gained on principal adds $1,694/yr, and 5% annual appreciation supports $72,524 by year five. Five-year ROI prints 146.26% and total cumulative return in cash totals $127,270.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,174/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
9,583 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood data shown for ZIP Code: 47143, Memphis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,408 (87.0%) |
| Renter Occupied HU | 171 (10.6%) |
| Vacant Housing Units | 40 ( 2.5%) |
| Median Home Value | $266,563 |
| Average Home Value | $290,305 |
Residential
1,476
Single Family
1,476
Multi-Family
0
Businesses
41
Date | Event | Price |
|---|---|---|
| 2025-07-21 | Listed for sale | $262,500 |
| 2025-07-15 | Listing removed | $263,500 |
| 2025-06-19 | Price change | $263,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-22 | $1467.28 | 35.89% | $222,800 | 1.83% |
| 2023-07-22 | $1079.78 | 12.41% | $218,800 | 12.21% |
| 2022-07-22 | $960.54 | 73.57% | $195,000 | 14.04% |
Listed by: Amanda Braden • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202509662
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
