1185 Timothy DrMemphisTN38116
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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
Rental property for sale in Memphis at 1185 Timothy Dr, Memphis, TN, 38116 generates $1,555/mo in rent and, after a $929/mo payment, leaves $419/mo in cash flow. Total monthly income is $1,555/mo, and annual cash flow is $5,026/yr on $62,919 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 9.83% on a $189,800 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,438 over five years. Five-year ROI reaches 145.4% and total cumulative return in cash sums $91,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,555/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38116, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,089 (100%) |
| Owner Occupied HU | 6,844 (40.0%) |
| Renter Occupied HU | 8,230 (48.2%) |
| Vacant Housing Units | 2,015 (11.8%) |
| Median Home Value | $160,790 |
| Average Home Value | $215,596 |
Housing Distribution
Address Breakdown
Residential
15,434
Single Family
12,488
Multi-Family
2,946
Businesses
1,411
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