1439 Pillow StMemphisTN38106
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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 1439 Pillow St, Memphis, TN, 38106 offers a 12.6% rental yield on a $114,500 purchase with $1,202/mo rent. Total monthly income registers $1,202/mo, and a $560/mo payment leaves $517/mo available for distribution. Annual cash flow reaches $6,204/yr on $37,957 to close, and return on cash invested stands at 36.25% in year one. Equity gained on principal adds $739/yr while 5% annual appreciation supports $31,634 over five years. Portfolio math shows five-year ROI at 190.22% and total cumulative return in cash at $72,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,202/mo property income against a $560/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
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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