1751 Carr AveMemphisTN38104
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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 1751 Carr Ave, Memphis, TN, 38104 with 5% annual appreciation on a $472,500 basis while $3,058/mo rent supports operations. 02% in year one. Equity gained on principal adds $3,049/yr, and five-year appreciation sums $130,543 alongside rental yield of 7.77%. Five-year ROI measures 98.75% and total cumulative return in cash totals $154,682. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,058/mo property income versus a $2,313/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38104, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,722 (100%) |
| Owner Occupied HU | 4,353 (29.6%) |
| Renter Occupied HU | 8,693 (59.0%) |
| Vacant Housing Units | 1,676 (11.4%) |
| Median Home Value | $394,317 |
| Average Home Value | $423,901 |
Housing Distribution
Address Breakdown
Residential
14,079
Single Family
7,526
Multi-Family
6,553
Businesses
1,259
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Listed by: Conlee Stringfellow • Ware Jones, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10196875
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