678 Moss RdMemphisTN38117
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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 678 Moss Rd, Memphis, TN, 38117 offers a 8.78% rental yield on a $248,000 purchase with $1,814/mo rent. Total monthly income registers $1,814/mo, and a $1,214/mo payment leaves $271/mo available for distribution. Annual cash flow reaches $3,247/yr on $82,212 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 124.08% and total cumulative return in cash at $102,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,814/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38117, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,290 (100%) |
| Owner Occupied HU | 8,645 (70.3%) |
| Renter Occupied HU | 3,084 (25.1%) |
| Vacant Housing Units | 561 ( 4.6%) |
| Median Home Value | $385,345 |
| Average Home Value | $441,483 |
Housing Distribution
Address Breakdown
Residential
12,406
Single Family
11,457
Multi-Family
949
Businesses
1,133
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Listed by: Jason C Gaia • BHHS McLemore & Co. Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10206598
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