1739 Glenview AveMemphisTN38114
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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 1739 Glenview Ave, Memphis, TN, 38114 offers a 8.01% rental yield on a $224,900 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $1,101/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,866/yr on $74,554 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 116.04% and total cumulative return in cash at $86,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1933
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38114, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,992 (100%) |
| Owner Occupied HU | 4,276 (35.7%) |
| Renter Occupied HU | 5,603 (46.7%) |
| Vacant Housing Units | 2,113 (17.6%) |
| Median Home Value | $87,799 |
| Average Home Value | $198,849 |
Housing Distribution
Address Breakdown
Residential
10,673
Single Family
10,197
Multi-Family
476
Businesses
746
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Listed by: Oksana Piven • BEST Real Estate Company
Mls Name: MAAR
Mls Provider:
Mls ID: #10172135
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