3615 Pearson RdMemphisTN38118
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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 3615 Pearson Rd, Memphis, TN, 38118 listed at $189,900 pairs $1,150/mo rent with a $929/mo payment to leave $14/mo cash flow. Total monthly income runs $1,150/mo, and annual cash flow reaches $164/yr on $62,952 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 7.27% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 103.99% and total cumulative return in cash totals $65,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,150/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38118, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,833 (100%) |
| Owner Occupied HU | 5,678 (35.9%) |
| Renter Occupied HU | 7,816 (49.4%) |
| Vacant Housing Units | 2,339 (14.8%) |
| Median Home Value | $93,910 |
| Average Home Value | $193,602 |
Housing Distribution
Address Breakdown
Residential
14,981
Single Family
12,533
Multi-Family
2,448
Businesses
2,044
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Listed by: Jerry Couloubaritsis • Mid-South Realty, Inc.
Mls Name: MAAR
Mls Provider:
Mls ID: #10193701
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