Fairfax Plan, Champions RunMemphisIN47143
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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 Fairfax Plan, Champions Run, Memphis, IN, 47143 with 5% annual appreciation on a $325,490 basis while $2,243/mo rent supports operations. Total monthly income totals $2,243/mo and a $1,593/mo payment preserves $289/mo for cash returns. Annual cash flow comes to $3,471/yr on $107,900 deployed, and return on cash invested reaches 23.13% in year one. Equity gained on principal adds $2,100/yr, and five-year appreciation sums $89,927 alongside rental yield of 8.27%. Five-year ROI measures 119.89% and total cumulative return in cash totals $129,359.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,243/mo property income versus a $1,593/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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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