1096 Mississippi BlvdMemphisTN38126
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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 1096 Mississippi Blvd, Memphis, TN, 38126 earns $456/mo cash flow from $1,540/mo rent with a $886/mo payment. Total monthly income totals $1,540/mo, and annual cash flow totals $5,477/yr on $60,002 capital. ROI tracks 29.04% on current figures, and rental yield reads 10.21% at a $181,000 purchase. Equity gained on principal adds $1,168/yr, and 5% annual appreciation supports $50,007 over five years. Five-year ROI reaches 151.57% and total cumulative return in cash sums $90,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,540/mo property income instead of your personal income.
Single Family
Built in 1906
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38126, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,552 (100%) |
| Owner Occupied HU | 401 (11.3%) |
| Renter Occupied HU | 2,881 (81.1%) |
| Vacant Housing Units | 270 ( 7.6%) |
| Median Home Value | $111,167 |
| Average Home Value | $220,224 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,247
Multi-Family
981
Businesses
292
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