








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 691 Sun Studio Drive, Memphis, IN, 47143 earns $535/mo cash flow from $2,651/mo rent with a $1,713/mo payment. Total monthly income totals $2,651/mo, and annual cash flow totals $6,422/yr on $115,992 capital. ROI tracks 25.45% on current figures, and rental yield reads 9.09% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 132.38% and total cumulative return in cash sums $153,546. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,651/mo property income instead of your personal income.
Single Family
Built in 2022
0.98 Acres lot
$N/A/sqft
$180 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $349,900 |
| 2025-04-18 | Listing removed | $349,900 |
| 2025-04-13 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Claudia Fritzinger • Starlight Real Estate
Mls Name: SIRA
Mls Provider:
Mls ID: #202506192
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.