819 Rosebanks RdMemphisTN38116
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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 819 Rosebanks Rd, Memphis, TN, 38116 priced at $173,000 converts $1,902/mo rent into $866/mo cash flow after a $847/mo obligation. Total monthly income equals $1,902/mo, and annual cash flow totals $10,394/yr on $57,350 invested. Return on cash invested prints 38.03% in year one, and rental yield reads 13.19% against a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation compiles into $47,797 by year five. Five-year ROI reaches 199.85% and total cumulative return in cash sums $114,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,902/mo property income covering a $847/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38116, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,089 (100%) |
| Owner Occupied HU | 6,844 (40.0%) |
| Renter Occupied HU | 8,230 (48.2%) |
| Vacant Housing Units | 2,015 (11.8%) |
| Median Home Value | $160,790 |
| Average Home Value | $215,596 |
Housing Distribution
Address Breakdown
Residential
15,434
Single Family
12,488
Multi-Family
2,946
Businesses
1,411
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