465 Meadowcrest CirMemphisTN38117
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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 465 Meadowcrest Cir, Memphis, TN, 38117 at $320,000 posts ROI 30.06% with $898/mo cash flow from $2,813/mo rent. Total monthly income equals $2,813/mo, and annual cash flow records $10,772/yr on $106,080 to close. Return on cash invested measures 30.06% and rental yield reads 10.55% at the current $320,000. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 157.03% and total cumulative return in cash totals $166,575.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38117, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,290 (100%) |
| Owner Occupied HU | 8,645 (70.3%) |
| Renter Occupied HU | 3,084 (25.1%) |
| Vacant Housing Units | 561 ( 4.6%) |
| Median Home Value | $385,345 |
| Average Home Value | $441,483 |
Housing Distribution
Address Breakdown
Residential
12,406
Single Family
11,457
Multi-Family
949
Businesses
1,133
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