7185 Deerfield RdBartlettTN38135
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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
Rental property for sale in Bartlett at 7185 Deerfield Rd, Bartlett, TN, 38135 offers $2,121/mo rent that, after a $1,537/mo payment, leaves $241/mo cash flow. Total monthly income is $2,121/mo, and annual cash flow is $2,895/yr on $104,091 cash. Return on cash invested measures 22.69% in year one, and rental yield stands at 8.11% at a $314,000 entry. Equity gained on principal adds $2,026/yr while 5% annual appreciation compounds into $86,752 by year five. Five-year ROI records 117.52% and total cumulative return in cash reaches $122,331. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,121/mo property income versus a $1,537/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.50 Acres 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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