5104 Christopher AveMemphisTN38118
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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 5104 Christopher Ave, Memphis, TN, 38118 uses $46,079 cash to close to unlock $9,039/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $1,585/mo, and a $680/mo payment keeps the spread at $753/mo. Purchase price stands at $139,000, and rental yield measures 13.68% with $1,585/mo rent. Return on cash invested shows 39.53% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 207.84% and total cumulative return in cash records $95,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,585/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,712 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
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