1372 Doris AveMemphisTN38106
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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 1372 Doris Ave, Memphis, TN, 38106 earns $757/mo cash flow from $1,655/mo rent with a $734/mo payment. Total monthly income totals $1,655/mo, and annual cash flow totals $9,088/yr on $49,692 capital. ROI tracks 38.2% on current figures, and rental yield reads 13.25% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 200.72% and total cumulative return in cash sums $99,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,655/mo property income instead of your personal income.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38106, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,881 (100%) |
| Owner Occupied HU | 4,231 (38.9%) |
| Renter Occupied HU | 4,926 (45.3%) |
| Vacant Housing Units | 1,724 (15.8%) |
| Median Home Value | $75,504 |
| Average Home Value | $228,853 |
Housing Distribution
Address Breakdown
Residential
9,919
Single Family
9,073
Multi-Family
846
Businesses
707
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Listed by: James C Wachob • Foundation Property Management
Mls Name: MAAR
Mls Provider:
Mls ID: #10195319
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