4114 Cedarwood CvMemphisTN38118
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
Rental property for sale in Memphis at 4114 Cedarwood Cv, Memphis, TN, 38118 priced at $119,900 pairs $1,439/mo rent with $709/mo cash flow after a $587/mo payment. Total monthly income equals $1,439/mo, and annual cash flow comes to $8,512/yr on $39,747 invested. Return on cash invested is 41.32% in year one, and rental yield stands at 14.4% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 217.59% and total cumulative return in cash reaches $86,484. For financing, Ziffy Mortgage’s DSCR program evaluates $1,439/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38118, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,833 (100%) |
| Owner Occupied HU | 5,678 (35.9%) |
| Renter Occupied HU | 7,816 (49.4%) |
| Vacant Housing Units | 2,339 (14.8%) |
| Median Home Value | $93,910 |
| Average Home Value | $193,602 |
Housing Distribution
Address Breakdown
Residential
14,981
Single Family
12,533
Multi-Family
2,448
Businesses
2,044
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Tapley • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10184901
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2024 Memphis Area Association of REALTORS.