5422 Gatehouse Dr UNIT 5422MemphisTN38134
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
Rental property for sale in Memphis at 5422 Gatehouse Dr UNIT 5422, Memphis, TN, 38134 generates $1,906/mo in rent and, after a $608/mo payment, leaves $1,162/mo in cash flow. Total monthly income is $1,906/mo, and annual cash flow is $13,948/yr on $41,205 invested. Return on cash invested sits at 53.76% in year one, and rental yield is 18.4% on a $124,300 entry. Equity gained on principal adds $802/yr, while 5% annual appreciation builds toward $34,342 over five years. Five-year ROI reaches 284.18% and total cumulative return in cash sums $117,097. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,906/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38134, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,157 (100%) |
| Owner Occupied HU | 7,571 (46.9%) |
| Renter Occupied HU | 7,725 (47.8%) |
| Vacant Housing Units | 861 ( 5.3%) |
| Median Home Value | $218,505 |
| Average Home Value | $248,940 |
Housing Distribution
Address Breakdown
Residential
15,973
Single Family
12,041
Multi-Family
3,932
Businesses
1,906
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices