5657 Raleigh Lagrange RdMemphisTN38134
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
Investment property for sale in Memphis at 5657 Raleigh Lagrange Rd, Memphis, TN, 38134 uses $57,350 cash to close to unlock $7,812/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $1,705/mo, and a $847/mo payment keeps the spread at $651/mo. Purchase price stands at $173,000, and rental yield measures 11.83% with $1,705/mo rent. Return on cash invested shows 33.53% in year one, and 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 175.75% and total cumulative return in cash records $100,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,705/mo property income covering a $847/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.37 Acres 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
Listed by: Dean Harris • CrestCore Realty MphsBrokerage
Mls Name: MAAR
Mls Provider:
Mls ID: #10198657
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2025 Memphis Area Association of REALTORS.