721 TCB Boulevard, Memphis, IN, 47143 | $1,092/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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721 TCB Boulevard, Memphis, IN, 47143 | $1,092/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Memphis at 721 TCB Boulevard, Memphis, IN, 47143 uses $105,753 cash to close to unlock $13,109/yr annual cash flow and $1,092/mo monthly cash flow. Total monthly income runs $3,007/mo, and a $1,561/mo payment keeps the spread at $1,092/mo. Purchase price stands at $319,013, and rental yield measures 11.31% with $3,007/mo rent. Return on cash invested shows 32.31% in year one, and 5% annual appreciation builds toward $88,137 over five years. Five-year ROI reaches 169.09% and total cumulative return in cash records $178,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,007/mo property income covering a $1,561/mo payment rather than investor’s personal income.

Single Family

Built in 2020

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Better than new in Kingsland Fields! This 3BR, 2 BA home offers approximately 1,600 sq. ft. of refined living space with a wide-open floor plan and abundant natural light. Features include custom Amish cabinetry, granite countertops and a deep stainless-steel kitchen sink. The split bedroom layout ensures privacy, while the primary suite boasts an oversized, cultured marble shower. Enjoy outdoor living on the covered front porch and covered back patio. Thoughtfully designed, impeccably maintained; this home perfectly blends luxury, comfort and style.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47143, Memphis, IN area.

Housing Distribution

Housing Statistics

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