1758 Combs StMemphisTN38108
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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 1758 Combs St, Memphis, TN, 38108 uses $59,637 cash to close to unlock $6,055/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $1,582/mo, and a $881/mo payment keeps the spread at $505/mo. Purchase price stands at $179,900, and rental yield measures 10.55% with $1,582/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 157.05% and total cumulative return in cash records $93,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38108, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,980 (100%) |
| Owner Occupied HU | 2,805 (35.2%) |
| Renter Occupied HU | 3,595 (45.1%) |
| Vacant Housing Units | 1,580 (19.8%) |
| Median Home Value | $62,691 |
| Average Home Value | $168,579 |
Housing Distribution
Address Breakdown
Residential
6,875
Single Family
6,635
Multi-Family
240
Businesses
393
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Listed by: Joshua Cooper • Sowell, Realtors
Mls Name: MAAR
Mls Provider:
Mls ID: #10184472
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