1209 Vaughn RdMemphisTN38122
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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 1209 Vaughn Rd, Memphis, TN, 38122 uses $43,095 cash to close to unlock $11,401/yr annual cash flow and $950/mo monthly cash flow. Total monthly income runs $1,728/mo, and a $636/mo payment keeps the spread at $950/mo. Purchase price stands at $130,000, and rental yield measures 15.95% with $1,728/mo rent. Return on cash invested shows 46.36% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 244.55% and total cumulative return in cash records $105,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38122, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 4,877 (44.7%) |
| Renter Occupied HU | 5,050 (46.3%) |
| Vacant Housing Units | 981 ( 9.0%) |
| Median Home Value | $151,029 |
| Average Home Value | $226,739 |
Housing Distribution
Address Breakdown
Residential
10,342
Single Family
9,347
Multi-Family
995
Businesses
811
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