5993 Cedarcrest CtMemphisTN38141
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 5993 Cedarcrest Ct, Memphis, TN, 38141 at $145,000 posts ROI 38.07% with $727/mo cash flow from $1,600/mo rent. Total monthly income equals $1,600/mo, and annual cash flow records $8,730/yr on $48,068 to close. Return on cash invested measures 38.07% and rental yield reads 13.24% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 200.06% and total cumulative return in cash totals $96,164.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1990
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38141, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,964 (100%) |
| Owner Occupied HU | 4,644 (58.3%) |
| Renter Occupied HU | 2,966 (37.2%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $155,238 |
| Average Home Value | $202,766 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,828
Multi-Family
116
Businesses
372
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Nearby investment properties with comparable prices
Listed by: Kristy Cannon • Keller Williams
Mls Name: MAAR
Mls Provider:
Mls ID: #10180443
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