6353 Kirby Oaks DrMemphisTN38119
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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 6353 Kirby Oaks Dr, Memphis, TN, 38119 listed at $539,900 pairs $4,280/mo rent with a $2,643/mo payment to leave $1,048/mo cash flow. Total monthly income runs $4,280/mo, and annual cash flow reaches $12,571/yr on $177,627 cash to close. Return on cash invested measures 27.14% in year one, and rental yield registers 9.51% at a $539,900 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,164 by year five. Five-year ROI tracks 141.31% and total cumulative return in cash totals $250,999. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,280/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.40 Acres 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
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