Lot 416 Deer Run Trace, Memphis, IN, 47143 | $179/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Lot 416 Deer Run Trace, Memphis, IN, 47143 | $179/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 Lot 416 Deer Run Trace, Memphis, IN, 47143 generates $2,160/mo in rent and, after a $1,615/mo payment, leaves $179/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $2,152/yr on $109,362 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 7.86% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 113.19% and total cumulative return in cash sums $123,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully designed and quality built by Liv Mor Homes LLC, this brand-new home offers a stylish and functional layout perfect for modern living! Featuring 4 bedrooms and 2 full baths, the open-concept floor plan creates an inviting space ideal for entertaining and everyday comfort. The kitchen shines with granite countertops, a tiled backsplash, and stainless-steel appliances, all enhanced by plenty of natural light. The primary suite is a relaxing retreat, complete with a custom-tiled shower, linen closet, and spacious walk-in closet. Thoughtful, built-in details throughoutincluding in the laundry room, mudroom, and mechanical closetadd both convenience and organization. Granite countertops throughout elevate the homes luxurious feel, while easy access to the energy-efficient water heater and heat pump offers peace of mind. Enjoy evenings outdoors on the back patio, and take advantage of the attached 2-car garage offering ample storage space. This stunning home is finished and move-in readywelcome home! Square footage is approximate; if critical, buyers should verify.

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