1975 Wellons AveMemphisTN38127
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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 1975 Wellons Ave, Memphis, TN, 38127 at $119,900 posts ROI 26.95% with $233/mo cash flow from $951/mo rent. Total monthly income equals $951/mo, and annual cash flow records $2,797/yr on $39,747 to close. Return on cash invested measures 26.95% and rental yield reads 9.52% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 140.42% and total cumulative return in cash totals $55,812.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $951/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38127, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,392 (100%) |
| Owner Occupied HU | 6,346 (38.7%) |
| Renter Occupied HU | 8,062 (49.2%) |
| Vacant Housing Units | 1,984 (12.1%) |
| Median Home Value | $78,914 |
| Average Home Value | $157,125 |
Housing Distribution
Address Breakdown
Residential
15,818
Single Family
14,667
Multi-Family
1,151
Businesses
610
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