5700 Chapman AveMemphisTN38119
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 5700 Chapman Ave, Memphis, TN, 38119 earns $353/mo cash flow from $1,999/mo rent with a $1,346/mo payment. Total monthly income totals $1,999/mo, and annual cash flow totals $4,233/yr on $91,163 capital. ROI tracks 24.55% on current figures, and rental yield reads 8.72% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $116,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,999/mo property income instead of your personal income.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38119, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,218 (100%) |
| Owner Occupied HU | 5,837 (52.0%) |
| Renter Occupied HU | 4,727 (42.1%) |
| Vacant Housing Units | 654 ( 5.8%) |
| Median Home Value | $363,311 |
| Average Home Value | $399,235 |
Housing Distribution
Address Breakdown
Residential
11,329
Single Family
8,319
Multi-Family
3,010
Businesses
1,112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices