1206 Chapel Park BlvdMemphisTN38018
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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 1206 Chapel Park Blvd, Memphis, TN, 38018 earns $588/mo cash flow from $2,359/mo rent with a $1,448/mo payment. Total monthly income totals $2,359/mo, and annual cash flow totals $7,057/yr on $98,058 capital. ROI tracks 27.11% on current figures, and rental yield reads 9.57% at a $295,800 purchase. Equity gained on principal adds $1,909/yr, and 5% annual appreciation supports $81,724 over five years. Five-year ROI reaches 141.21% and total cumulative return in cash sums $138,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,359/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38018, Cordova, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,723 (100%) |
| Owner Occupied HU | 9,634 (61.3%) |
| Renter Occupied HU | 5,344 (34.0%) |
| Vacant Housing Units | 745 ( 4.7%) |
| Median Home Value | $324,913 |
| Average Home Value | $372,820 |
Housing Distribution
Address Breakdown
Residential
15,881
Single Family
13,739
Multi-Family
2,142
Businesses
919
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