3989 Martindale AveMemphisTN38128
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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 3989 Martindale Ave, Memphis, TN, 38128 earns $206/mo cash flow from $984/mo rent with a $636/mo payment. Total monthly income totals $984/mo, and annual cash flow totals $2,474/yr on $43,062 capital. ROI tracks 25.65% on current figures, and rental yield reads 9.09% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 133.47% and total cumulative return in cash sums $57,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $984/mo property income instead of your personal income.
Single Family
Built in 1963
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38128, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,537 (100%) |
| Owner Occupied HU | 6,819 (38.9%) |
| Renter Occupied HU | 8,973 (51.2%) |
| Vacant Housing Units | 1,745 ( 10.0%) |
| Median Home Value | $154,922 |
| Average Home Value | $220,726 |
Housing Distribution
Address Breakdown
Residential
17,338
Single Family
14,147
Multi-Family
3,191
Businesses
794
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