3655 Classic Dr SMemphisTN38125
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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 3655 Classic Dr S, Memphis, TN, 38125 projects strong ROI of 7.03%. Rental yield 3.01%. With 5% annual appreciation, the property builds $621,634 in value over five years. Equity growth combined delivers a projected five-year ROI of 33.57%, translating into $244,697 in total cumulative return on $729,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1998
0.92 Acres lot
$N/A/sqft
$3,300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38125, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,108 (100%) |
| Owner Occupied HU | 9,571 (55.9%) |
| Renter Occupied HU | 6,771 (39.6%) |
| Vacant Housing Units | 766 ( 4.5%) |
| Median Home Value | $282,027 |
| Average Home Value | $334,954 |
Housing Distribution
Address Breakdown
Residential
17,486
Single Family
11,626
Multi-Family
5,860
Businesses
712
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Listed by: Melinda Merkle • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10194797
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