FREEPORT 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 FREEPORT Plan, Champions Run, Memphis, IN, 47143 uses $91,792 cash to close to unlock $11,761/yr annual cash flow and $980/mo monthly cash flow. Total monthly income runs $2,642/mo, and a $1,355/mo payment keeps the spread at $980/mo. Purchase price stands at $276,900, and rental yield measures 11.45% with $2,642/mo rent. Return on cash invested shows 32.72% in year one, and 5% annual appreciation builds toward $76,502 over five years. Five-year ROI reaches 171.34% and total cumulative return in cash records $157,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,642/mo property income covering a $1,355/mo payment rather than investor’s personal income.
Single Family
Built in 2026
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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