105 N Evergreen StMemphisTN38104
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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 105 N Evergreen St, Memphis, TN, 38104 at $340,000 posts ROI 34% with $1,324/mo cash flow from $3,359/mo rent. Total monthly income equals $3,359/mo, and annual cash flow records $15,886/yr on $112,710 to close. Return on cash invested measures 34% and rental yield reads 11.86% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 178.16% and total cumulative return in cash totals $200,802.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,359/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1912
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38104, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,722 (100%) |
| Owner Occupied HU | 4,353 (29.6%) |
| Renter Occupied HU | 8,693 (59.0%) |
| Vacant Housing Units | 1,676 (11.4%) |
| Median Home Value | $394,317 |
| Average Home Value | $423,901 |
Housing Distribution
Address Breakdown
Residential
14,079
Single Family
7,526
Multi-Family
6,553
Businesses
1,259
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