341 Cinnamon DrMemphisTN38117
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 341 Cinnamon Dr, Memphis, TN, 38117 with 5% annual appreciation on a $319,900 basis while $2,537/mo rent supports operations. Total monthly income totals $2,537/mo and a $1,566/mo payment preserves $50/mo for cash returns. Annual cash flow comes to $594/yr on $106,047 deployed, and return on cash invested reaches 20.47% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9.52%. Five-year ROI measures 107.95% and total cumulative return in cash totals $114,476.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,537/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
7,362 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38117, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,290 (100%) |
| Owner Occupied HU | 8,645 (70.3%) |
| Renter Occupied HU | 3,084 (25.1%) |
| Vacant Housing Units | 561 ( 4.6%) |
| Median Home Value | $385,345 |
| Average Home Value | $441,483 |
Housing Distribution
Address Breakdown
Residential
12,406
Single Family
11,457
Multi-Family
949
Businesses
1,133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices