93 Toulouse StMemphisTN38103
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 Memphis at 93 Toulouse St, Memphis, TN, 38103 with 5% annual appreciation on a $739,900 basis while $2,704/mo rent supports operations. 56% in year one. Equity gained on principal adds $4,774/yr, and five-year appreciation sums $204,421 alongside rental yield of 4.39%. Five-year ROI measures 57.77% and total cumulative return in cash totals $140,631. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,704/mo property income versus a $3,621/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38103, Memphis, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,124 (100%) |
| Owner Occupied HU | 2,373 (23.4%) |
| Renter Occupied HU | 6,505 (64.3%) |
| Vacant Housing Units | 1,246 (12.3%) |
| Median Home Value | $427,630 |
| Average Home Value | $459,256 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
2,475
Multi-Family
7,608
Businesses
1,352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices