800 Estate DrEadsTN38028
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 Eads at 800 Estate Dr, Eads, TN, 38028 earns $1,315/mo cash flow from $2,386/mo rent with a $876/mo payment. Total monthly income totals $2,386/mo, and annual cash flow totals $15,775/yr on $59,339 capital. ROI tracks 46.49% on current figures, and rental yield reads 16% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 245.17% and total cumulative return in cash sums $145,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,386/mo property income instead of your personal income.
Lot
Built in N/A
3.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38028, Eads, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,463 (85.1%) |
| Renter Occupied HU | 278 ( 9.6%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $493,316 |
| Average Home Value | $536,169 |
Housing Distribution
Address Breakdown
Residential
2,925
Single Family
2,925
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cali Neal • KAIZEN Realty, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10173649
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2024 Memphis Area Association of REALTORS.