1585 Dearing RdMemphisTN38117
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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 1585 Dearing Rd, Memphis, TN, 38117 with 5% annual appreciation on a $246,900 basis while $1,961/mo rent supports operations. Total monthly income totals $1,961/mo and a $1,208/mo payment preserves $443/mo for cash returns. Annual cash flow comes to $5,320/yr on $81,847 deployed, and return on cash invested reaches 26.41% in year one. Equity gained on principal adds $1,593/yr, and five-year appreciation sums $68,214 alongside rental yield of 9.53%. Five-year ROI measures 137.68% and total cumulative return in cash totals $112,689.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,961/mo property income versus a $1,208/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38117, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,290 (100%) |
| Owner Occupied HU | 8,645 (70.3%) |
| Renter Occupied HU | 3,084 (25.1%) |
| Vacant Housing Units | 561 ( 4.6%) |
| Median Home Value | $385,345 |
| Average Home Value | $441,483 |
Housing Distribution
Address Breakdown
Residential
12,406
Single Family
11,457
Multi-Family
949
Businesses
1,133
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Listed by: Jill White • Fast Track Realty, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10176143
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