1650 Arcadia StMemphisTN38119
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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 1650 Arcadia St, Memphis, TN, 38119 generates $1,550/mo in rent and, after a $1,115/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,550/mo, and annual cash flow is $2,235/yr on $75,549 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 8.16% on a $227,900 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,965 over five years. Five-year ROI reaches 118.49% and total cumulative return in cash sums $89,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,550/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38119, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,218 (100%) |
| Owner Occupied HU | 5,837 (52.0%) |
| Renter Occupied HU | 4,727 (42.1%) |
| Vacant Housing Units | 654 ( 5.8%) |
| Median Home Value | $363,311 |
| Average Home Value | $399,235 |
Housing Distribution
Address Breakdown
Residential
11,329
Single Family
8,319
Multi-Family
3,010
Businesses
1,112
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