1521 Wyndham CvMemphisTN38120
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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 1521 Wyndham Cv, Memphis, TN, 38120 priced at $569,000 converts $3,970/mo rent into $564/mo cash flow after a $2,785/mo obligation. Total monthly income equals $3,970/mo, and annual cash flow totals $6,766/yr on $187,201 invested. Return on cash invested prints 23.67% in year one, and rental yield reads 8.37% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 122.74% and total cumulative return in cash sums $229,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,970/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38120, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,963 (100%) |
| Owner Occupied HU | 4,534 (65.1%) |
| Renter Occupied HU | 2,045 (29.4%) |
| Vacant Housing Units | 384 ( 5.5%) |
| Median Home Value | $441,589 |
| Average Home Value | $589,319 |
Housing Distribution
Address Breakdown
Residential
6,690
Single Family
5,180
Multi-Family
1,510
Businesses
472
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