559 Chalmers 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 559 Chalmers Rd, Memphis, TN, 38120 with 5% annual appreciation on a $295,000 basis while $2,153/mo rent supports operations. Total monthly income totals $2,153/mo and a $1,444/mo payment preserves $261/mo for cash returns. Annual cash flow comes to $3,130/yr on $97,793 deployed, and return on cash invested reaches 23.11% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 8.76%. Five-year ROI measures 120.29% and total cumulative return in cash totals $117,638.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,153/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.28 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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Listed by: Kari Witt • eXp Realty, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10209257
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