6393 Blue Heron CvMemphisTN38120
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 6393 Blue Heron Cv, Memphis, TN, 38120 in Memphis is capital appreciation. Rental yield 4.94%. The 4.94% gross yield at $1,895,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $523,554 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.92) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $452,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 9.2% |
| Monthly Cash Flow | $(4,157) | $450 |
City averages based on Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,800 |
| Total Monthly Debt Service | $11,203 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
0.47 Acres lot
$N/A/sqft
$750 annually 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
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
Single Family
Built in 2000
0.47 Acres lot
$N/A/sqft
$750 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices