Industrial / Loft home in Memphis, TN
Set in Memphis, TN, this Industrial condo provides 2 bedrooms and 2.5 bathrooms across 1,676 square feet. The Industrial styling carries through the home's design.
| Price | $405,000 |
|---|
| Beds | 2 |
|---|
| Baths | 2.5 |
|---|
| Sqft | 1676 |
|---|
| Architectural style | Industrial / Loft (73% match) |
|---|
| Address | 435 S Front St #209, Memphis, TN 38103 |
|---|
Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $405K, this home is 35% above the $299K median for 17 similar Industrial / Loft homes in Memphis, TN.
- That works out to $242 per square foot, 12% above the $216 comparable rate.
- On the market 9 days.
| This home | $405,000 |
|---|
| Industrial / Loft median in Memphis, TN | $299,000 (17 homes) |
|---|
| Price per sq ft | $242 vs. $216 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,595/month with 20% down at a 7.28% 30-year fixed rate. You would need about $111,208 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,217/mo |
|---|
| Property tax (new-buyer reassessed rate) | $226/mo |
|---|
| Homeowners insurance | $152/mo |
|---|
| Total monthly | $2,595/mo |
|---|
| Down payment (20%) | $81,000 |
|---|
| Income needed | $111,208/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home D (48 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | D (48/100) |
|---|
| Beats renting in | 5% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $150,848 |
|---|
| Range (10th to 90th pct) | $78,076 to $235,581 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Memphis, TN where local data is thin.
Local home values
Typical home values in Memphis, TN have risen about 17% over the past 5 years (+0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia