6433 Lebarrett CvMemphisTN38120
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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 6433 Lebarrett Cv, Memphis, TN, 38120 listed at $709,900 pairs $6,161/mo rent with a $3,475/mo payment to leave $1,911/mo cash flow. Total monthly income runs $6,161/mo, and annual cash flow reaches $22,932/yr on $233,557 cash to close. Return on cash invested measures 29.88% in year one, and rental yield registers 10.41% at a $709,900 basis. Equity gained on principal adds $4,581/yr, and annual property appreciation at 5% supports $196,132 by year five. Five-year ROI tracks 156.03% and total cumulative return in cash totals $364,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,161/mo property income relative to a $3,475/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.46 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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