Early Sunset Drive & Horizon Dr #1A1VGZMemphisIN47143
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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
Investment property for sale in Memphis at Early Sunset Drive & Horizon Dr #1A1VGZ, Memphis, IN, 47143 uses $97,494 cash to close to unlock $15,156/yr annual cash flow and $1,263/mo monthly cash flow. Total monthly income runs $3,028/mo, and a $1,439/mo payment keeps the spread at $1,263/mo. Purchase price stands at $294,100, and rental yield measures 12.35% with $3,028/mo rent. Return on cash invested shows 35.46% in year one, and 5% annual appreciation builds toward $81,254 over five years. Five-year ROI reaches 186.01% and total cumulative return in cash records $181,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,028/mo property income covering a $1,439/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No 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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