3605 S Galloway DrMemphisTN38111
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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 3605 S Galloway Dr, Memphis, TN, 38111 at $1,935,000 posts ROI 11.62% with from $7,014/mo rent. Total monthly income equals $7,014/mo. Return on cash invested measures 11.62% and rental yield reads 4.35% at the current $1,935,000. Equity gained on principal adds $12,486/yr, and 5% annual appreciation supports $534,605 by year five. Five-year ROI prints 58.04% and total cumulative return in cash totals $363,888. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,014/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38111, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,908 (100%) |
| Owner Occupied HU | 7,870 (39.5%) |
| Renter Occupied HU | 9,606 (48.3%) |
| Vacant Housing Units | 2,432 (12.2%) |
| Median Home Value | $250,414 |
| Average Home Value | $333,005 |
Housing Distribution
Address Breakdown
Residential
18,972
Single Family
15,015
Multi-Family
3,957
Businesses
1,101
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