2783 E Battle Creek CvMemphisTN38134
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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
Rental property for sale in Memphis at 2783 E Battle Creek Cv, Memphis, TN, 38134 generates $2,240/mo in rent and, after a $1,272/mo payment, leaves $684/mo in cash flow. Total monthly income is $2,240/mo, and annual cash flow is $8,211/yr on $86,157 invested. Return on cash invested sits at 29.44% in year one, and rental yield is 10.34% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 153.72% and total cumulative return in cash sums $132,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38134, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,157 (100%) |
| Owner Occupied HU | 7,571 (46.9%) |
| Renter Occupied HU | 7,725 (47.8%) |
| Vacant Housing Units | 861 ( 5.3%) |
| Median Home Value | $218,505 |
| Average Home Value | $248,940 |
Housing Distribution
Address Breakdown
Residential
15,973
Single Family
12,041
Multi-Family
3,932
Businesses
1,906
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