415 S Yates RdMemphisTN38120
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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 415 S Yates Rd, Memphis, TN, 38120 with 5% annual appreciation on a $839,000 basis while $3,240/mo rent supports operations. 74% in year one. Equity gained on principal adds $5,414/yr, and five-year appreciation sums $231,800 alongside rental yield of 4.63%. Five-year ROI measures 48.93% and total cumulative return in cash totals $135,060. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,240/mo property income versus a $4,106/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.52 Acres 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
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Listed by: Jaclyn Marshall • Moss Real Estate
Mls Name: MAAR
Mls Provider:
Mls ID: #10197521
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