556 Monteigne BlvdMemphisTN38103
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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 556 Monteigne Blvd, Memphis, TN, 38103 listed at $479,500 pairs $3,119/mo rent with a $2,347/mo payment to leave $249/mo cash flow. Total monthly income runs $3,119/mo, and annual cash flow reaches $2,983/yr on $158,954 cash to close. Return on cash invested measures 21.79% in year one, and rental yield registers 7.81% at a $479,500 basis. Equity gained on principal adds $3,094/yr, and annual property appreciation at 5% supports $132,477 by year five. Five-year ROI tracks 112.64% and total cumulative return in cash totals $179,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,119/mo property income relative to a $2,347/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38103, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,124 (100%) |
| Owner Occupied HU | 2,373 (23.4%) |
| Renter Occupied HU | 6,505 (64.3%) |
| Vacant Housing Units | 1,246 (12.3%) |
| Median Home Value | $427,630 |
| Average Home Value | $459,256 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
2,475
Multi-Family
7,608
Businesses
1,352
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