404 Stoneham RdMemphisTN38109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 404 Stoneham Rd, Memphis, TN, 38109 in Memphis speaks for itself: 13.38% gross on a $115,000 price, generating $1,282/mo in rent and $560/mo in net income after the $517/mo debt service. DSCR 2.48, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,724 stacks alongside $31,772 in projected five-year appreciation and $1,059/yr in principal reduction. Projected total cumulative return: $81,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 9.2% |
| Monthly Cash Flow | $560 | $450 |
City averages based on Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,282 |
| Total Monthly Debt Service | $643 |
| DSCR Ratio | 1.99x |
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 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38109, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,972 (100%) |
| Owner Occupied HU | 9,547 (53.1%) |
| Renter Occupied HU | 6,898 (38.4%) |
| Vacant Housing Units | 1,527 ( 8.5%) |
| Median Home Value | $88,739 |
| Average Home Value | $184,766 |
Housing Distribution
Address Breakdown
Residential
17,406
Single Family
16,796
Multi-Family
610
Businesses
700
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 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38109, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,972 (100%) |
| Owner Occupied HU | 9,547 (53.1%) |
| Renter Occupied HU | 6,898 (38.4%) |
| Vacant Housing Units | 1,527 ( 8.5%) |
| Median Home Value | $88,739 |
| Average Home Value | $184,766 |
Housing Distribution
Address Breakdown
Residential
17,406
Single Family
16,796
Multi-Family
610
Businesses
700
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices