6917 Johnstown LnBartlettTN38135
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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
Total monthly income runs $1,830/mo, and a $2,149/mo payment. Purchase price stands at $438,995, and rental yield measures 5% with $1,830/mo rent. Return on cash invested shows 13.33% in year one, and 5% annual appreciation builds toward $121,286 over five years. Five-year ROI reaches 67.27% and total cumulative return in cash records $97,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,830/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Apartment
Built in 2025
6,000 sqft 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
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