7503 Burnstown LnMemphisTN38133
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 7503 Burnstown Ln, Memphis, TN, 38133 earns $714/mo cash flow from $2,305/mo rent with a $1,301/mo payment. Total monthly income totals $2,305/mo, and annual cash flow totals $8,565/yr on $88,146 capital. ROI tracks 29.63% on current figures, and rental yield reads 10.4% at a $265,900 purchase. Equity gained on principal adds $1,716/yr, and 5% annual appreciation supports $73,463 over five years. Five-year ROI reaches 154.69% and total cumulative return in cash sums $136,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,305/mo property income instead of your personal income.
Single Family
Built in 1989
7,840 sqft lot
$N/A/sqft
No 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