3347 Given AveMemphisTN38122
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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 3347 Given Ave, Memphis, TN, 38122 uses $72,930 cash to close to unlock $3,982/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,649/mo, and a $1,077/mo payment keeps the spread at $332/mo. Purchase price stands at $220,000, and rental yield measures 8.99% with $1,649/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 131.85% and total cumulative return in cash records $96,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38122, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 4,877 (44.7%) |
| Renter Occupied HU | 5,050 (46.3%) |
| Vacant Housing Units | 981 ( 9.0%) |
| Median Home Value | $151,029 |
| Average Home Value | $226,739 |
Housing Distribution
Address Breakdown
Residential
10,342
Single Family
9,347
Multi-Family
995
Businesses
811
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