4659 Addington DrMemphisTN38128
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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 4659 Addington Dr, Memphis, TN, 38128 at $189,900 posts ROI 31.17% with $591/mo cash flow from $1,760/mo rent. Total monthly income equals $1,760/mo, and annual cash flow records $7,091/yr on $62,952 to close. Return on cash invested measures 31.17% and rental yield reads 11.12% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 163.2% and total cumulative return in cash totals $102,737.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38128, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,537 (100%) |
| Owner Occupied HU | 6,819 (38.9%) |
| Renter Occupied HU | 8,973 (51.2%) |
| Vacant Housing Units | 1,745 ( 10.0%) |
| Median Home Value | $154,922 |
| Average Home Value | $220,726 |
Housing Distribution
Address Breakdown
Residential
17,338
Single Family
14,147
Multi-Family
3,191
Businesses
794
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Listed by: Anamika Jasani • Paradigm21 Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10183525
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