5676 Walnut Grove PlMemphisTN38120
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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 5676 Walnut Grove Pl, Memphis, TN, 38120 offers a 7.89% rental yield on a $448,901 purchase with $2,951/mo rent. Total monthly income registers $2,951/mo, and a $2,197/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,167/yr on $148,811 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,023 over five years. Portfolio math shows five-year ROI at 113.97% and total cumulative return in cash at $169,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,951/mo property income against a $2,197/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.40 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: Pablo T Pereyra • 901, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10209959
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