2452 Dove Glen CvMemphisTN38133
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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 2452 Dove Glen Cv, Memphis, TN, 38133 uses $94,444 cash to close to unlock $8,307/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $2,431/mo, and a $1,394/mo payment keeps the spread at $692/mo. Purchase price stands at $284,900, and rental yield measures 10.24% with $2,431/mo rent. Return on cash invested shows 28.7% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 149.93% and total cumulative return in cash records $141,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,431/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1989
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38133, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,103 (100%) |
| Owner Occupied HU | 5,807 (71.7%) |
| Renter Occupied HU | 2,108 (26.0%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $298,353 |
| Average Home Value | $325,325 |
Housing Distribution
Address Breakdown
Residential
8,323
Single Family
7,685
Multi-Family
638
Businesses
1,301
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Listed by: Crystal Mitchell • Paradigm21 Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10192216
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