95 S Main St APT 102MemphisTN38103
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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
Total monthly income runs $2,028/mo, and a $2,153/mo payment. Purchase price stands at $439,900, and rental yield measures 5.53% with $2,028/mo rent. Return on cash invested shows 13.5% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 68.74% and total cumulative return in cash records $100,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Condo
Built in 2005
1,306 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
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Listed by: Connie Farina • C21 Home First, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10195821
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