779 Chatwood CvMemphisTN38122
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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 Memphis at 779 Chatwood Cv, Memphis, TN, 38122 offers $1,036/mo rent that, after a $636/mo payment, leaves $258/mo cash flow. Total monthly income is $1,036/mo, and annual cash flow is $3,097/yr on $43,095 cash. Return on cash invested measures 27.1% in year one, and rental yield stands at 9.56% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 141.24% and total cumulative return in cash reaches $60,867. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,036/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1973
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38122, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 4,877 (44.7%) |
| Renter Occupied HU | 5,050 (46.3%) |
| Vacant Housing Units | 981 ( 9.0%) |
| Median Home Value | $151,029 |
| Average Home Value | $226,739 |
Housing Distribution
Address Breakdown
Residential
10,342
Single Family
9,347
Multi-Family
995
Businesses
811
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