372 Edith AveMemphisTN38126
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
Rental property for sale in Memphis at 372 Edith Ave, Memphis, TN, 38126 priced at $185,000 converts $1,748/mo rent into $641/mo cash flow after a $905/mo obligation. Total monthly income equals $1,748/mo, and annual cash flow totals $7,692/yr on $61,328 invested. Return on cash invested prints 32.45% in year one, and rental yield reads 11.34% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 169.92% and total cumulative return in cash sums $104,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,748/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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