








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $3,425/mo, and a $4,527/mo payment. Purchase price stands at $925,000, and rental yield measures 4.44% with $3,425/mo rent. Return on cash invested shows 11.73% in year one, and 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 58.7% and total cumulative return in cash records $178,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,425/mo property income covering a $4,527/mo payment rather than investor’s personal income.
Condo
Built in 2007
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38103, Memphis, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,124 (100%) |
| Owner Occupied HU | 2,373 (23.4%) |
| Renter Occupied HU | 6,505 (64.3%) |
| Vacant Housing Units | 1,246 (12.3%) |
| Median Home Value | $427,630 |
| Average Home Value | $459,256 |
Residential
10,083
Single Family
2,475
Multi-Family
7,608
Businesses
1,352
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $925,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Mike Parker • The Firm
Mls Name: MAAR
Mls Provider:
Mls ID: #10193345
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