554 Howard 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 554 Howard Dr, Memphis, TN, 38109 at $124,900 posts ROI 26.88% with $241/mo cash flow from $988/mo rent. Total monthly income equals $988/mo, and annual cash flow records $2,888/yr on $41,404 to close. Return on cash invested measures 26.88% and rental yield reads 9.49% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 140.01% and total cumulative return in cash totals $57,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $988/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No 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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