165 Southhill AveMemphisTN38109
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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 165 Southhill Ave, Memphis, TN, 38109 generates $1,316/mo in rent and, after a $661/mo payment, leaves $508/mo in cash flow. Total monthly income is $1,316/mo, and annual cash flow is $6,092/yr on $44,753 invested. Return on cash invested sits at 33.52% in year one, and rental yield is 11.7% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 175.61% and total cumulative return in cash sums $78,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,316/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
6,596 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38109, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,972 (100%) |
| Owner Occupied HU | 9,547 (53.1%) |
| Renter Occupied HU | 6,898 (38.4%) |
| Vacant Housing Units | 1,527 ( 8.5%) |
| Median Home Value | $88,739 |
| Average Home Value | $184,766 |
Housing Distribution
Address Breakdown
Residential
17,406
Single Family
16,796
Multi-Family
610
Businesses
700
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