1111 Hayne RdMemphisTN38119
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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 1111 Hayne Rd, Memphis, TN, 38119 at $639,000 posts ROI 20.09% with $4/mo cash flow from $3,830/mo rent. Total monthly income equals $3,830/mo, and annual cash flow records $53/yr on $210,231 to close. Return on cash invested measures 20.09% and rental yield reads 7.19% at the current $639,000. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 by year five. Five-year ROI prints 103.49% and total cumulative return in cash totals $217,576.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,830/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38119, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,218 (100%) |
| Owner Occupied HU | 5,837 (52.0%) |
| Renter Occupied HU | 4,727 (42.1%) |
| Vacant Housing Units | 654 ( 5.8%) |
| Median Home Value | $363,311 |
| Average Home Value | $399,235 |
Housing Distribution
Address Breakdown
Residential
11,329
Single Family
8,319
Multi-Family
3,010
Businesses
1,112
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