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1573 Jay Cv, Memphis, TN, 38127

2beds
1baths
889sqft
$79,900
$90price/sqft
$811/moest. monthly cost
$32,440/yrincome needed

About This Home

INVESTORS ONLY! Tenant occupied 2 bed 1 bath home. Currently rented at $885/mo. This could be a great addition to your rental portfolio. Professionally managed by Mid South Home Rentals. Seller also selling 3483 Julia ($89,900). Can buy in bulk or individually. Make all offers contingent on interior access (no showings until an accepted offer). No sign in the yard. Please do not disturb or approach the tenant. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

Getting Around

27
WalkingCar-Dependent
31
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

--
Whitney Elementary SchoolGrades PK-50.7 mi
4/10
Grandview Heights MiddleGrades 6-81.4 mi
3/10
Trezevant High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1954

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Area: 110

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 889 sqft

Kitchen

  • Features: Pantry

Living Room

  • Area: 180

Master Bedroom

  • Area: 132

Property

Details

  • Parcel number: 070037 00030

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio

Lot

  • Lot size: 0.31 Acres
  • Features: Some Trees
  • Lot size dimensions: 70 x 199

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
Lightning

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $404$4,848
Home Insurance $168$2,016
Property Taxes $64$768
Electricity $175$2,103
Total$811$9,732

Income You'd Need if You Spent...

35% on housing$27,805/yr
40% on housing$24,330/yr
45% on housing$21,626/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$90This listing

vs Other Active Listings

Avg $/sqft

ZIP 38127$49
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38127$71
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-24Listed for sale$79,900
2023-08-18Listing removed--
2023-08-15Price change$850
2023-07-27Listed for rent$895
2019-11-14Listing removed$595
2019-08-26Listed for rent$595
2018-09-19Listing removed$595
2018-08-27Price change$595
2018-08-20Listed for rent$600
2018-05-04Sold$25,000
2018-03-26Pending sale$30,000
2017-07-13Listed for sale$30,000
2014-11-27Listing removed$20,000
2014-06-01Listed for sale$20,000
2013-11-19Sold$14,686
2012-05-17Listing removed$600
2012-04-27Price change$600
2012-03-21Listed for rent$550
2012-02-04Listing removed$550
2012-01-06Listed for rent$550
2010-02-24Sold$20,000
2009-06-10Sold$30,000
2008-03-04Sold$25,000
2007-11-08Sold$46,531

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

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