820 Graceland DrMemphisIN47143
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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
Rental property for sale in Memphis at 820 Graceland Dr, Memphis, IN, 47143 priced at $377,300 pairs $3,508/mo rent with $1,233/mo cash flow after a $1,847/mo payment. Total monthly income equals $3,508/mo, and annual cash flow comes to $14,794/yr on $125,075 invested. Return on cash invested is 31.74% in year one, and rental yield stands at 11.16% on a $377,300 basis. Equity gained on principal adds $2,435/yr, and 5% annual appreciation accumulates to $104,241 by year five. Five-year ROI measures 166.06% and total cumulative return in cash reaches $207,701. For financing, Ziffy Mortgage’s DSCR program evaluates $3,508/mo property income against a $1,847/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.48 Acres lot
$N/A/sqft
$10 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,476
Multi-Family
0
Businesses
41
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