409 Malboro RdMemphisTN38120
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 409 Malboro Rd, Memphis, TN, 38120 earns $389/mo cash flow from $1,437/mo rent with a $857/mo payment. Total monthly income totals $1,437/mo, and annual cash flow totals $4,668/yr on $58,013 capital. ROI tracks 27.95% on current figures, and rental yield reads 9.85% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 145.7% and total cumulative return in cash sums $84,523. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,437/mo property income instead of your personal income.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38120, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,963 (100%) |
| Owner Occupied HU | 4,534 (65.1%) |
| Renter Occupied HU | 2,045 (29.4%) |
| Vacant Housing Units | 384 ( 5.5%) |
| Median Home Value | $441,589 |
| Average Home Value | $589,319 |
Housing Distribution
Address Breakdown
Residential
6,690
Single Family
5,180
Multi-Family
1,510
Businesses
472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices