7459 Overcreek LnMemphisTN38133
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7459 Overcreek Ln, Memphis, TN, 38133 in Memphis is a solid income-producing rental, 8.6% gross yield, $2,065/mo rent, $288/mo net cash flow on a $288,000 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $79,569 and $2,653/yr in principal reduction project a total cumulative return of $127,680.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 9.2% |
| Monthly Cash Flow | $288 | $450 |
City averages based on Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,065 |
| Total Monthly Debt Service | $1,663 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
7,840 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38133, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,103 (100%) |
| Owner Occupied HU | 5,807 (71.7%) |
| Renter Occupied HU | 2,108 (26.0%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $298,353 |
| Average Home Value | $325,325 |
Housing Distribution
Address Breakdown
Residential
8,323
Single Family
7,685
Multi-Family
638
Businesses
1,301
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
Single Family
Built in 1991
7,840 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38133, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,103 (100%) |
| Owner Occupied HU | 5,807 (71.7%) |
| Renter Occupied HU | 2,108 (26.0%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $298,353 |
| Average Home Value | $325,325 |
Housing Distribution
Address Breakdown
Residential
8,323
Single Family
7,685
Multi-Family
638
Businesses
1,301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly T Mount • Compass RE
Mls Name: MAAR
Mls Provider:
Mls ID: #10204138
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