DaVinci Plan, Champions Run, Memphis, IN, 47143 | $200/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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DaVinci Plan, Champions Run, Memphis, IN, 47143 | $200/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

Rental property for sale in Memphis at DaVinci Plan, Champions Run, Memphis, IN, 47143 offers $1,992/mo rent that, after a $1,461/mo payment, leaves $200/mo cash flow. Total monthly income is $1,992/mo, and annual cash flow is $2,402/yr on $98,949 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.01% at a $298,490 entry. Equity gained on principal adds $1,926/yr while 5% annual appreciation compounds into $82,467 by year five. Five-year ROI records 115.66% and total cumulative return in cash reaches $114,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,992/mo property income versus a $1,461/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The DaVinci by Fischer Homes offers a flexible and thoughtfully designed layout perfect for modern living. The home features an owners suite with a walk-in closet and the option for a direct laundry room connection for added convenience. The open kitchen design includes a large island with seating and flows seamlessly into the expansive family room, which can be enhanced with an optional tray ceiling. Customize the layout with options like a study or a living/dining area in place of the third bedroom. Additional features include two bedrooms, optional window and door configurations for the morning room, and a 2-foot morning room expansion. The owners bath offers customization options, including a tub or a 5-foot shower. The DaVinci combines style, flexibility, and comfort to suit your lifestyle.

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