241 Edgewood AveMemphisMO63555
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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
Total monthly income runs $1,238/mo, and a $1,370/mo payment. Purchase price stands at $280,000, and rental yield measures 5.31% with $1,238/mo rent. Return on cash invested shows 13.38% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 67.87% and total cumulative return in cash records $62,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,238/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63555, Memphis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,643 (100%) |
| Owner Occupied HU | 1,005 (61.2%) |
| Renter Occupied HU | 352 (21.4%) |
| Vacant Housing Units | 286 (17.4%) |
| Median Home Value | $145,158 |
| Average Home Value | $289,348 |
Housing Distribution
Address Breakdown
Residential
1,342
Single Family
1,341
Multi-Family
1
Businesses
175
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