712 Sevier StMemphisTN38122
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 712 Sevier St, Memphis, TN, 38122 with 5% annual appreciation on a $240,000 basis while $1,686/mo rent supports operations. Total monthly income totals $1,686/mo and a $1,175/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,988/yr on $79,560 deployed, and return on cash invested reaches 23.66% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.43%. Five-year ROI measures 122.7% and total cumulative return in cash totals $97,622.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,686/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38122, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 4,877 (44.7%) |
| Renter Occupied HU | 5,050 (46.3%) |
| Vacant Housing Units | 981 ( 9.0%) |
| Median Home Value | $151,029 |
| Average Home Value | $226,739 |
Housing Distribution
Address Breakdown
Residential
10,342
Single Family
9,347
Multi-Family
995
Businesses
811
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices