362 Edith AveMemphisTN38126
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow362 Edith Ave, Memphis, TN, 38126 in Memphis is a top-tier cash-flow asset. At $189,900 it produces $1,664/mo in rent and $528/mo in net monthly income, a 10.52% gross rental yield. The DSCR of 1.95 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,331. Five-year appreciation adds $52,466, driving a total cumulative return of $105,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 9.2% |
| Monthly Cash Flow | $528 | $450 |
City averages based on Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,664 |
| Total Monthly Debt Service | $1,061 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38126, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,552 (100%) |
| Owner Occupied HU | 401 (11.3%) |
| Renter Occupied HU | 2,881 (81.1%) |
| Vacant Housing Units | 270 ( 7.6%) |
| Median Home Value | $111,167 |
| Average Home Value | $220,224 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,247
Multi-Family
981
Businesses
292
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
Single Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38126, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,552 (100%) |
| Owner Occupied HU | 401 (11.3%) |
| Renter Occupied HU | 2,881 (81.1%) |
| Vacant Housing Units | 270 ( 7.6%) |
| Median Home Value | $111,167 |
| Average Home Value | $220,224 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,247
Multi-Family
981
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices