28 S Barksdale StMemphisTN38104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 28 S Barksdale St, Memphis, TN, 38104 at $350,000 posts ROI 27.8% with $763/mo cash flow from $2,858/mo rent. Total monthly income equals $2,858/mo, and annual cash flow records $9,155/yr on $116,025 to close. Return on cash invested measures 27.8% and rental yield reads 9.8% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 144.89% and total cumulative return in cash totals $168,110.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,858/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1914
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices