756 N Auburndale StMemphisTN38107
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
Rental property for sale in Memphis at 756 N Auburndale St, Memphis, TN, 38107 generates $2,020/mo in rent and, after a $1,297/mo payment, leaves $434/mo in cash flow. Total monthly income is $2,020/mo, and annual cash flow is $5,205/yr on $87,848 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 9.15% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash sums $118,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,020/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38107, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,248 (100%) |
| Owner Occupied HU | 2,844 (34.5%) |
| Renter Occupied HU | 4,131 (50.1%) |
| Vacant Housing Units | 1,273 (15.4%) |
| Median Home Value | $209,201 |
| Average Home Value | $238,142 |
Housing Distribution
Address Breakdown
Residential
7,036
Single Family
5,819
Multi-Family
1,217
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices