7828 Deerfield TrceMemphisTN38133
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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 7828 Deerfield Trce, Memphis, TN, 38133 generates $2,038/mo in rent and, after a $1,199/mo payment, leaves $572/mo in cash flow. Total monthly income is $2,038/mo, and annual cash flow is $6,860/yr on $81,184 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 9.99% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 147.91% and total cumulative return in cash sums $120,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.27 Acres 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
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