3074 Overbrook RdMemphisTN38128
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 3074 Overbrook Rd, Memphis, TN, 38128 offers a 6.46% rental yield on a $289,600 purchase with $1,558/mo rent. 72% in year one. Equity gained on principal adds $1,869/yr while 5% annual appreciation supports $80,011 over five years. Portfolio math shows five-year ROI at 90.83% and total cumulative return in cash at $87,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,558/mo property income against a $1,417/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38128, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,537 (100%) |
| Owner Occupied HU | 6,819 (38.9%) |
| Renter Occupied HU | 8,973 (51.2%) |
| Vacant Housing Units | 1,745 ( 10.0%) |
| Median Home Value | $154,922 |
| Average Home Value | $220,726 |
Housing Distribution
Address Breakdown
Residential
17,338
Single Family
14,147
Multi-Family
3,191
Businesses
794
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices