6725 Kirby Trace CvMemphisTN38119
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 6725 Kirby Trace Cv, Memphis, TN, 38119 offers a 8.12% rental yield on a $285,900 purchase with $1,935/mo rent. Total monthly income registers $1,935/mo, and a $1,399/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,687/yr on $94,776 to close, and return on cash invested stands at 22.74% in year one. Equity gained on principal adds $1,845/yr while 5% annual appreciation supports $78,989 over five years. Portfolio math shows five-year ROI at 117.77% and total cumulative return in cash at $111,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,935/mo property income against a $1,399/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices