4113 Faxon AveMemphisTN38122
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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 4113 Faxon Ave, Memphis, TN, 38122 at $298,900 posts ROI 23.37% with $286/mo cash flow from $2,075/mo rent. Total monthly income equals $2,075/mo, and annual cash flow records $3,428/yr on $99,085 to close. Return on cash invested measures 23.37% and rental yield reads 8.33% at the current $298,900. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,581 by year five. Five-year ROI prints 121.15% and total cumulative return in cash totals $120,039.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,075/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38122, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 4,877 (44.7%) |
| Renter Occupied HU | 5,050 (46.3%) |
| Vacant Housing Units | 981 ( 9.0%) |
| Median Home Value | $151,029 |
| Average Home Value | $226,739 |
Housing Distribution
Address Breakdown
Residential
10,342
Single Family
9,347
Multi-Family
995
Businesses
811
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Listed by: Staffardnett Young • REMAX Experts
Mls Name: MAAR
Mls Provider:
Mls ID: #10192886
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