3573 Galloway AveMemphisTN38122
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 3573 Galloway Ave, Memphis, TN, 38122 with 5% annual appreciation on a $242,100 basis while $1,828/mo rent supports operations. Total monthly income totals $1,828/mo and a $1,185/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,663/yr on $80,256 deployed, and return on cash invested reaches 24.47% in year one. Equity gained on principal adds $1,562/yr, and five-year appreciation sums $66,888 alongside rental yield of 9.06%. Five-year ROI measures 127.5% and total cumulative return in cash totals $102,326.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,828/mo property income versus a $1,185/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices