6495 Wells Grove CvBartlettTN38135
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 Bartlett at 6495 Wells Grove Cv, Bartlett, TN, 38135 at $410,000 posts ROI 21.71% with $204/mo cash flow from $2,659/mo rent. Total monthly income equals $2,659/mo, and annual cash flow records $2,453/yr on $135,915 to close. Return on cash invested measures 21.71% and rental yield reads 7.78% at the current $410,000. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 by year five. Five-year ROI prints 112.26% and total cumulative return in cash totals $152,579.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,659/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38135, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,278 (100%) |
| Owner Occupied HU | 8,870 (78.6%) |
| Renter Occupied HU | 2,210 (19.6%) |
| Vacant Housing Units | 198 ( 1.8%) |
| Median Home Value | $320,151 |
| Average Home Value | $334,885 |
Housing Distribution
Address Breakdown
Residential
11,188
Single Family
10,562
Multi-Family
626
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices