615 Jockey CvColliervilleTN38017
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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
Investment property for sale in Collierville at 615 Jockey Cv, Collierville, TN, 38017 uses $153,816 cash to close to unlock $3,270/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $3,050/mo, and a $2,271/mo payment keeps the spread at $272/mo. Purchase price stands at $464,000, and rental yield measures 7.89% with $3,050/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $128,195 over five years. Five-year ROI reaches 113.99% and total cumulative return in cash records $175,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,050/mo property income covering a $2,271/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.34 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: Marcia Almand • C21 Home First, REALTORS
Mls Name: MAAR
Mls ID: #10204911