5144 Schutt RdMemphisTN38116
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 5144 Schutt Rd, Memphis, TN, 38116 in Memphis is straightforward: $153,000 in, $1,177/mo in rent, $261/mo out after debt service. The 9.23% gross yield and 1.71 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $42,271 by year five. With $1,409/yr in principal equity, the total cumulative return is projected at $74,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 9.2% |
| Monthly Cash Flow | $261 | $450 |
City averages based on Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,177 |
| Total Monthly Debt Service | $855 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
9,583 sqft 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
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
Single Family
Built in 1964
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices