815 Fisherville RdColliervilleTN38017
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 815 Fisherville Rd, Collierville, TN, 38017 priced at $499,900 converts $3,559/mo rent into $566/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,559/mo, and annual cash flow totals $6,795/yr on $165,717 invested. Return on cash invested prints 24.01% in year one, and rental yield reads 8.54% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 124.58% and total cumulative return in cash sums $206,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,559/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.85 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Wisch • eXp Realty, LLC
Mls Name: MAAR
Mls ID: #10200829