FAIRTON 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
Rental property for sale in Memphis at FAIRTON Plan, Champions Run, Memphis, IN, 47143 priced at $280,900 converts $2,160/mo rent into $474/mo cash flow after a $1,375/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $5,684/yr on $93,118 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.23% against a $280,900 entry. Equity gained on principal adds $1,813/yr, while 5% annual appreciation compiles into $77,607 by year five. Five-year ROI reaches 135.35% and total cumulative return in cash sums $126,039. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,375/mo payment, not borrower’s personal income.
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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