5281 Scottsdale Ave #6MemphisTN38118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 5281 Scottsdale Ave #6, Memphis, TN, 38118 in Memphis is straightforward: $139,950 in, $1,123/mo in rent, $285/mo out after debt service. The 9.63% gross yield and 1.79 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $38,666 by year five. With $1,289/yr in principal equity, the total cumulative return is projected at $71,360.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.2% |
| Monthly Cash Flow | $285 | $450 |
City averages based on Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,123 |
| Total Monthly Debt Service | $782 |
| DSCR Ratio | 1.44x |
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.
Townhouse
Built in 1973
915 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
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
Townhouse
Built in 1973
915 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Renfrow • NextHome Cornerstone Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10204316
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