3279 Hanna DrMemphisTN38128
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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 3279 Hanna Dr, Memphis, TN, 38128 at $125,000 posts ROI 39.07% with $662/mo cash flow from $1,410/mo rent. Total monthly income equals $1,410/mo, and annual cash flow records $7,938/yr on $41,438 to close. Return on cash invested measures 39.07% and rental yield reads 13.54% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 205.33% and total cumulative return in cash totals $85,085.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,410/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
8,712 sqft 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
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