5481 Lake Vernell DrMemphisTN38109
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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 5481 Lake Vernell Dr, Memphis, TN, 38109 earns $1,412/mo cash flow from $3,864/mo rent with a $1,984/mo payment. Total monthly income totals $3,864/mo, and annual cash flow totals $16,949/yr on $134,392 capital. ROI tracks 32.52% on current figures, and rental yield reads 11.44% at a $405,405 purchase. Equity gained on principal adds $2,616/yr, and 5% annual appreciation supports $112,006 over five years. Five-year ROI reaches 170.29% and total cumulative return in cash sums $228,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,864/mo property income instead of your personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38109, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,972 (100%) |
| Owner Occupied HU | 9,547 (53.1%) |
| Renter Occupied HU | 6,898 (38.4%) |
| Vacant Housing Units | 1,527 ( 8.5%) |
| Median Home Value | $88,739 |
| Average Home Value | $184,766 |
Housing Distribution
Address Breakdown
Residential
17,406
Single Family
16,796
Multi-Family
610
Businesses
700
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Listed by: Daryl Lewis • Infinity Group REALTORS, Inc.
Mls Name: MAAR
Mls Provider:
Mls ID: #10157419
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