5385 Walnut Grove RdMemphisTN38120
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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 5385 Walnut Grove Rd, Memphis, TN, 38120 at $649,000 posts ROI 13.83% with from $2,777/mo rent. Total monthly income equals $2,777/mo. Return on cash invested measures 13.83% and rental yield reads 5.13% at the current $649,000. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 by year five. Five-year ROI prints 69.95% and total cumulative return in cash totals $149,364. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,777/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38120, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,963 (100%) |
| Owner Occupied HU | 4,534 (65.1%) |
| Renter Occupied HU | 2,045 (29.4%) |
| Vacant Housing Units | 384 ( 5.5%) |
| Median Home Value | $441,589 |
| Average Home Value | $589,319 |
Housing Distribution
Address Breakdown
Residential
6,690
Single Family
5,180
Multi-Family
1,510
Businesses
472
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