2389 Scaper StMemphisTN38114
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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 2389 Scaper St, Memphis, TN, 38114 earns $196/mo cash flow from $965/mo rent with a $629/mo payment. Total monthly income totals $965/mo, and annual cash flow totals $2,349/yr on $42,598 capital. ROI tracks 25.42% on current figures, and rental yield reads 9.01% at a $128,500 purchase. Equity gained on principal adds $829/yr, and 5% annual appreciation supports $35,502 over five years. Five-year ROI reaches 132.18% and total cumulative return in cash sums $56,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $965/mo property income instead of your personal income.
Single Family
Built in 1950
7,405 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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