5122 Waldrup StMemphisTN38116
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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 5122 Waldrup St, Memphis, TN, 38116 offers a 9.06% rental yield on a $218,000 purchase with $1,646/mo rent. Total monthly income registers $1,646/mo, and a $1,067/mo payment leaves $341/mo available for distribution. Annual cash flow reaches $4,092/yr on $72,267 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $1,407/yr while 5% annual appreciation supports $60,229 over five years. Portfolio math shows five-year ROI at 133.02% and total cumulative return in cash at $96,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,646/mo property income against a $1,067/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38116, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,089 (100%) |
| Owner Occupied HU | 6,844 (40.0%) |
| Renter Occupied HU | 8,230 (48.2%) |
| Vacant Housing Units | 2,015 (11.8%) |
| Median Home Value | $160,790 |
| Average Home Value | $215,596 |
Housing Distribution
Address Breakdown
Residential
15,434
Single Family
12,488
Multi-Family
2,946
Businesses
1,411
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