Investor Analysis – 5111 Breckenwood Dr, Memphis, TN 38127
Asking Price: $129,900
Estimated Monthly Rent: Approximately $1,037
Estimated Annual Rental Income: $12,444
Estimated Gross Rental Yield: 9.58%
Year Built: 1974
Property Type: Single-Family Rental Property
Rental Income Potential
Based on the available online rental estimate, this property could generate approximately $1,037 per month in rental income, equivalent to $12,444 annually if fully occupied at that rate. Actual rent will depend on comparable leased properties, the property’s condition, and tenant demand.
Illustrative Operating Expense Analysis
Using the estimated rent above, a preliminary expense allowance could include:
- Property taxes: approximately $570 annually, based on the reported 2025 tax figure.
- Vacancy allowance: approximately $622 annually (5% of gross rent).
- Property management: approximately $996 annually (8% of gross rent).
- Maintenance reserve: approximately $996 annually (8% of gross rent).
- Homeowners insurance: approximately $768 annually as a preliminary estimate; obtain an insurance quote.
Illustrative Estimated Net Operating Income (NOI): Approximately $8,492 annually, or $708 per month, before capital expenditures, financing costs, closing costs, and other unbudgeted expenses.
Investment Considerations
The property offers an accessible entry price, established residential construction, and several reported maintenance updates. Investors should verify achievable rent, property condition, insurance costs, taxes, and neighborhood rental demand before making an investment decision.
All rental and financial figures are estimates for preliminary analysis only and are not guaranteed returns.
Property Highlights – 5111 Breckenwood Dr
- Asking Price: $129,900
- 3 Bedrooms
- 1 Full Bathroom and 1 Half Bathroom
- 1,113 Sq. Ft. of Living Space
- Approximately 7,405 Sq. Ft. Lot
- Built in 1974
- Traditional Single-Story Design
- Eat-In Kitchen and Separate Dining Room
- Central Heating and Cooling
- Double-Pane Windows
- Roof Reported Replaced Approximately Five Years Before Listing
- Newer Furnace and Additional Attic Insulation
- Fresh Interior and Exterior Paint Reported
- Fenced Backyard with Covered Patio
- Carport and Additional Concrete Parking Pad
- Backyard Storage Building
- Public Water and Sewer
- Located in the Cedarwood Section B Subdivision, Memphis, Tennessee
Ideal For: Buyers seeking a primary residence or investors evaluating a single-family rental opportunity in Memphis.
Property details and reported improvements should be independently verified before purchase.
