5377 Fleetway AveMemphisTN38115
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 Memphis at 5377 Fleetway Ave, Memphis, TN, 38115 listed at $225,000 pairs $1,347/mo rent with a $1,101/mo payment to leave $0/mo cash flow. Total monthly income runs $1,347/mo, and annual cash flow reaches $4/yr on $74,588 cash to close. Return on cash invested measures 19.91% in year one, and rental yield registers 7.18% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 102.64% and total cumulative return in cash totals $76,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,347/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38115, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,923 (100%) |
| Owner Occupied HU | 4,106 (21.7%) |
| Renter Occupied HU | 12,401 (65.5%) |
| Vacant Housing Units | 2,416 (12.8%) |
| Median Home Value | $136,945 |
| Average Home Value | $184,253 |
Housing Distribution
Address Breakdown
Residential
17,801
Single Family
8,422
Multi-Family
9,379
Businesses
1,536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices