5094 Foggy River LnBartlettTN38135
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
Investment property for sale in Bartlett at 5094 Foggy River Ln, Bartlett, TN, 38135 uses $146,258 cash to close to unlock $5,056/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $3,062/mo, and a $2,159/mo payment keeps the spread at $421/mo. Purchase price stands at $441,200, and rental yield measures 8.33% with $3,062/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $121,895 over five years. Five-year ROI reaches 121.13% and total cumulative return in cash records $177,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,062/mo property income covering a $2,159/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38135, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 8,870 (78.6%) |
| Renter Occupied HU | 2,210 (19.6%) |
| Vacant Housing Units | 198 ( 1.8%) |
| Median Home Value | $320,151 |
| Average Home Value | $334,885 |
Housing Distribution
Address Breakdown
Residential
11,188
Single Family
10,562
Multi-Family
626
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices