3738 Deer XingMemphisTN38115
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
Investment property for sale in Memphis at 3738 Deer Xing, Memphis, TN, 38115 at $129,000 posts ROI 38.21% with $652/mo cash flow from $1,444/mo rent. Total monthly income equals $1,444/mo, and annual cash flow records $7,826/yr on $42,764 to close. Return on cash invested measures 38.21% and rental yield reads 13.43% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 201.03% and total cumulative return in cash totals $85,969.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1985
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38115, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,923 (100%) |
| Owner Occupied HU | 4,106 (21.7%) |
| Renter Occupied HU | 12,401 (65.5%) |
| Vacant Housing Units | 2,416 (12.8%) |
| Median Home Value | $136,945 |
| Average Home Value | $184,253 |
Housing Distribution
Address Breakdown
Residential
17,801
Single Family
8,422
Multi-Family
9,379
Businesses
1,536
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Listed by: Brittany Booth • Reliable Realty & Property Mgt
Mls Name: MAAR
Mls Provider:
Mls ID: #10164479
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