79 E Shelby DrMemphisTN38109
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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
Investment property for sale in Memphis at 79 E Shelby Dr, Memphis, TN, 38109 earns $478/mo cash flow from $1,316/mo rent with a $685/mo payment. Total monthly income totals $1,316/mo, and annual cash flow totals $5,739/yr on $46,377 capital. ROI tracks 32.28% on current figures, and rental yield reads 11.29% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 169.02% and total cumulative return in cash sums $78,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,316/mo property income instead of your personal income.
Single Family
Built in 1945
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38109, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,972 (100%) |
| Owner Occupied HU | 9,547 (53.1%) |
| Renter Occupied HU | 6,898 (38.4%) |
| Vacant Housing Units | 1,527 ( 8.5%) |
| Median Home Value | $88,739 |
| Average Home Value | $184,766 |
Housing Distribution
Address Breakdown
Residential
17,406
Single Family
16,796
Multi-Family
610
Businesses
700
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Listed by: Joye Martin • Miller Martin Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10192744
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