2235 Brewers Lndg #2235MemphisTN38104
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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 2235 Brewers Lndg #2235, Memphis, TN, 38104 uses $56,024 cash to close to unlock $582/yr annual cash flow and $49/mo monthly cash flow. Total monthly income runs $1,060/mo, and a $827/mo payment keeps the spread at $49/mo. Purchase price stands at $169,000, and rental yield measures 7.53% with $1,060/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 108.16% and total cumulative return in cash records $60,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,060/mo property income covering a $827/mo payment rather than investor’s personal income.
Townhouse
Built in 1909
178 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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