335 Riverbluff Pl APT 2MemphisTN38103
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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 335 Riverbluff Pl APT 2, Memphis, TN, 38103 at $474,000 posts ROI 30.67% with $1,409/mo cash flow from $4,246/mo rent. Total monthly income equals $4,246/mo, and annual cash flow records $16,903/yr on $157,131 to close. Return on cash invested measures 30.67% and rental yield reads 10.75% at the current $474,000. Equity gained on principal adds $3,059/yr, and 5% annual appreciation supports $130,957 by year five. Five-year ROI prints 160.26% and total cumulative return in cash totals $251,825.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,246/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38103, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,124 (100%) |
| Owner Occupied HU | 2,373 (23.4%) |
| Renter Occupied HU | 6,505 (64.3%) |
| Vacant Housing Units | 1,246 (12.3%) |
| Median Home Value | $427,630 |
| Average Home Value | $459,256 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
2,475
Multi-Family
7,608
Businesses
1,352
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Listed by: Jake Lawhead • Ware Jones, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10175095
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2024 Memphis Area Association of REALTORS.