In Pro, this page carries your name and brokerage, not ours.
The sample read
1336 WRENWOOD ST, Memphis 38122
One real Memphis parcel, rendered as the signed-in product renders it. Every number on this page came out of the live engine on July 12, 2026 and traces to a recorded county document or a tracked listing. Where a record does not exist, the page says so. Nothing here is mocked.
B assumes a market-standard refresh: paint, floors, kitchen and bath updates, mechanicals as needed. A and C re-anchor to the light and heavy ends of the realized spread.
Investor lens · all three exits, then run it on your terms
Flip spread
$35,405
Rent
$1,250/mo
STR
$29K/yr
Spread = ARV $150K minus as-is $57K minus implied rehab $58K, before financing and carry. At the $57K as-is basis this fails the 70% rule: the max buy is $47,412. The spread above only exists if you get it below market. In the live read every term is yours to change.
The read is a ladder. Each band below is one ring of the product, labeled with where it sits on the price ladder: R0 and R1 are free for everyone, R2 is the paid read, R3 is the lender ring, R4 and R5 open with the lender API. The sample shows the rings below unlocked.
R0
Identity
Free for everyoneWho owns it, what it is, what the county says it is worth, and every recorded document on file. The floor of the read; everything above stands on it.
Identity on record · parcel 053013 00017
owner: Owner of record on file (named in the live read)owned 6.2 yrs, bought $54K (last recorded sale 2020-05)3/1 bd/ba1,278 sfbuilt 1948appraised $96Ktax $1,326/yr
The record file
Deeds on record 2 records
| Recorded | Document | From | To | Consideration | Instrument |
|---|---|---|---|---|---|
| 2020-05-12 | Warranty Deed | WHITAKER JACK | Owner of record on file (named in the live read) | $54K | 20047742 |
| 2020-01-09 | Warranty Deed | BENEWAH PROPERTIES LLC | WHITAKER JACK | $50K | 20003296 |
Permits 2 records
| Opened | Record | Status | Valuation | Work |
|---|---|---|---|---|
| 2024-12-03 | RES-MEC-24-011823 | Closed - Complete | – | Air test from fire. furnace and duct seem newer adding to permit just in case. Fire was at weather head and exterior panel |
| 2024-11-25 | RES-ELC-24-010283 | Closed - Complete | – | 1. Furnish and install new 125A riser in place of burnt SEU riser. 2. Rework grounding as needed per code. 3. Furnish and install (1) battery operated smoke detector per code. |
Eviction filings none
no eviction filings on record (court coverage begins Jun 2026)
Foreclosure notices none
no foreclosure notices on record (notice coverage begins Jan 2023)
R1
Three realized exits
Free for everyoneWhat this house sells for flipped, rents for long-term, and grosses short-term, side by side, each column standing on realized records: the lease evidence first, the short-term evidence second, the flip ladder third.
1336 WRENWOOD ST, 38122
◉ comp match 88% · high · 12 flip / 50 rent comps · newest resale 2026-06
| Flip sale | Long-term rent | Short-term rent | |
|---|---|---|---|
| The outcome | $35,405 one-time spread before financing and carry: ARV $150K minus as-is $57K minus implied rehab $58K |
$1,250/mo middle band $1,096 to $1,584, the 25th to 75th percentile of the scored set |
$29,005/yr gross $123 nightly at 63% occupancy, range $23K to $35K |
| Indicated value today | $150,043 ARV at standard finish, sales approach from 12 scored resales; assumes the $58K implied rehab gets done |
$102,000 $15,000/yr capitalized at the zip’s realized price-to-rent of 6.8, computed from 10 parcels here that both sold on record and leased in our tracked listings (pair spread 3 to 14.4) |
– no honest multiple: 4 short-term rentals in this zip have a recorded sale in 3 years, and the sale dates do not line up with their revenue windows |
| Years to equal the flip check | – this column is the one-time check the other two are measured against |
about 2.4 years $35,405 ÷ $15,000/yr of rent |
about 1.2 years $35,405 ÷ $29,005/yr of revenue |
| The evidence | 12 realized resales scored flip resales behind the ARV, newest 2026-06 |
50 scored comps 25 leased in the last 150 days, the rest currently listed |
5 scored comps zip-level basis, matched on bedrooms |
Years to equal is a gross screen: flip proceeds divided by annual gross income, before expenses, effort, and risk on either path. A sale is a one-time check; rent and short-term revenue recur. The bridge is labeled, never hidden.
How to weigh the columns: the rent figure stands on 50 scored comps, 25 of them realized leases (the most evidence on this page); the flip figures stand on 12 realized resales, newest 2026-06; the short-term figure rests on 5 comps at a zip-level basis, range $23K to $35K/yr. Nothing is averaged into a single score and no column is a recommendation. The numbers sit side by side; which exit fits depends on your capital and timeline.
The free landing-page read prices this zip and bedroom class wide. This page is the same address tightened to the parcel: 12 scored flip resales, time-adjusted, comp match 88%. This zip is flipped-in-volume territory: 200 realized rehab-flip resales in the trailing 5 years, 56 of them inside the last 24 months, which is why the ladder on this page reads fresh.
This page is rendered in the investor lens. In the live read the same record re-orders for your seat: property managers get rent and days-to-fill first, lenders get as-repaired value, day-one cover, and confidence first.
The lease exit · the evidence
The $1,250/mo in the comparison table above comes from the leases and listings below. Scored rent $1,250/mo, the median of 50 scored comps (25 leased in the last 150 days, the rest currently listed). Middle band $1,096 to $1,584/mo, the 25th to 75th percentile of the 50. The 8 closest comps are shown below; the full observed spread runs $557 to $2,190. Time to lease is observed: days from first listed to leased (active comps show days on market so far).
| Comp | Bd/Ba | Size | Time to lease | Rent | First ask | Dist |
|---|---|---|---|---|---|---|
| 4406 Ferndale Rd | 3 bd | – | 13d, leased | $1,395 | $1,295, raised | 1.2mi |
| 3411 Rockwood Ave, Memphis, TN 38122 | 3 bd | – | 44d, leased | $995 | same | 0.8mi |
| 3818 Vernon Ave, Memphis, TN 38122 | 3 bd | – | 27d, leased | $999 | same | 0.2mi |
| 3795 Wayne Ave, Memphis, TN 38122 | 3 bd | – | 36d, leased | $1,550 | same | 0.5mi |
| 915 Berclair Rd | 3/1 | 1,014 sf | 22d, active | $1,300 | $1,500, cut | 1.4mi |
| 4331 Emily Ave | 3/1 | 1,040 sf | 22d, active | $1,000 | same | 1mi |
| 3818 Vernon Ave | 3/1 | 900 sf | 22d, active | $999 | same | 0.2mi |
| 1156 Panama St | 3/2 | 1,200 sf | 22d, active | $1,250 | same | 0.9mi |
Capitalized at the zip’s realized price-to-rent of 6.8 (10 recorded sale-lease pairs), this rent supports the $102,000 indicated value in the comparison table above. Source: tracked rental listings, rent read as of 2026-07-06, pulled 2026-07-12.
Days on market at the ask tiers
~18 days at market
This pocket, $1,265/mo median ask~18 days
Pocket clock: realized median days to lease, 256 tracked listings, 25 leased events (zip + beds). Numbers only.
Loss to lease, area level
$309/mo between top asks and achieved
Top asks, 75th pct of 50 active 3-bed listings$1,584/mo
Achieved, median of 32 leases signed$1,275/mo
Achieved, top quartile$1,401/mo
Computed at the zip level from our rent tables, trailing 150 days: what the top of the market asks vs what signed leases actually achieved. Never parcel-level; no observed rent for this house is used. The gap is the area’s loss to lease. Numbers only.
The short-term exit · the evidence
The $29K/yr in the comparison table above comes from the operating short-term rentals below. Short-term revenue $29K/yr at $123 nightly and 63% occupancy, the median of 5 scored comps. Nearby operating short-term rentals, matched to their street address (the scored set draws from these and others in the ZIP):
| Comp | Bd/Ba | Nightly | Occ | Revenue / yr | Dist |
|---|---|---|---|---|---|
| 4494 LAWRENCE RD | 3/1 | $109 | 76% | $30K | 1.25mi |
| 3562 SHIRLWOOD AVE | 3/1 | $134 | 70% | $34K | 1.72mi |
| 3643 MASON AVE | 2/1 | $123 | 63% | $28K | 0.39mi |
| 4057 GIVEN AVE | 2/2 | $111 | 57% | $23K | 0.88mi |
| 812 N WRENWOOD LN | 2/1 | $126 | 63% | $29K | 0.97mi |
This revenue is not capitalized into an indicated value: 4 short-term rentals in this zip have a recorded sale in three years, and the sale dates do not line up with their revenue windows, so the comparison table above shows a dash with that reason. Source: tracked short-term rental calendars, revenue read as of 2026-07-02, pulled 2026-07-12.
LTR vs STR, one yardstick
Long-term gross / yr$15,000 ($1,250/mo)
Short-term gross / yr$29,005 typical
Difference+$14,005/yr toward STR
Same yardstick: gross annual revenue before operating costs. Short-term carries materially higher costs (turnover cleaning, utilities, supplies, furnishing) and seasonal swing; long-term is one tenant and fewer moving parts. Numbers only, the owner decides.
STR amenity upside (Memphis market)
pool+15.75% 13% have it
hot tub+10% 3% have it
Revenue lift associated with each amenity across the Memphis short-term market. High lift plus low penetration is the add-to-win. The list is filtered to levers you can physically add to a Memphis house. Numbers only.
The flip exit · the evidence
The $150,043 indicated value and the $35,405 spread in the comparison table above come from the resales below. ARV $150K at standard finish, from 12 renovated-flip resales scored by proximity, size (GLA), beds, baths, age and recency, normalized to this home per square foot, then time-adjusted to today’s price level with the zip home-value index ($/sf then vs now below). The median time-adjusted value is the ARV. Confidence 88%. Tap a comp address for photos. Dimmed rows sold more than 24 months ago. Every nearby sale of any kind is in the receipts below.
| Comp | Bd/Ba | Size | Sold | Buy | Resold | $/sf then | $/sf now | Uplift | Held | Match | Dist |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3703 VERNON AVE | 3/1.5 | 1,318 sf | 2025-08-25 | $73K | $199K | $151 | $147 | 172.3% | 259d | 86 | 0.37mi |
| 4010 S KINGSBURY RD | 3/2 | 1,225 sf | 2025-01-08 | $25K | $169K | $138 | $133 | 574.4% | 259d | 83 | 0.3mi |
| 960 DILLWORTH ST | 3/2 | 1,274 sf | 2026-06-12 | $45K | $214K | $168 | $168 | 375.6% | 259d | 82 | 0.69mi |
| 1265 WRENWOOD ST | 3/2 | 1,310 sf | 2022-11-09 | $70K | $165K | $126 | $120 | 135.6% | 226d | 81 | 0.14mi |
| 3767 MACON RD | 2/1 | 1,291 sf | 2025-07-25 | $35K | $175K | $136 | $132 | 400% | 221d | 81 | 0.45mi |
| 1086 CHATWOOD ST | 3/1 | 1,278 sf | 2023-06-11 | $65K | $103K | $80 | $77 | 57.7% | 152d | 81 | 0.48mi |
| 3969 BAYLISS AVE | 3/2 | 1,470 sf | 2025-06-05 | $85K | $175K | $119 | $115 | 105.6% | 171d | 80 | 0.22mi |
| 3983 BAYLISS AVE | 3/2 | 1,442 sf | 2025-06-02 | $60K | $180K | $125 | $121 | 200% | 116d | 80 | 0.25mi |
| 3792 ORCHI RD | 3/2 | 1,316 sf | 2025-02-05 | $35K | $155K | $118 | $104 | 342.9% | 345d | 79 | 0.57mi |
| 3731 FAIRMONT AVE | 3/1.5 | 1,178 sf | 2022-11-21 | $67K | $127K | $107 | $102 | 88.8% | 265d | 78 | 0.22mi |
| 1477 DUKE RD | 3/1 | 1,573 sf | 2025-07-16 | $36K | $151K | $96 | $93 | 320% | 194d | 78 | 0.31mi |
| 3855 MACON RD | 3/1 | 1,223 sf | 2022-09-01 | $65K | $140K | $114 | $109 | 115.4% | 122d | 78 | 0.42mi |
Second evidence tier, refi-implied: 10 nearby homes were bought, renovated, and refinanced instead of sold. Implied value = the new loan at a 75% LTV appraisal. A bank underwrote each one, but it is not a resale, so it never mixes into the ARV above. Blanket loans covering multiple properties are excluded.
| Comp | Bd/Ba | Size | Bought | Buy | Refi | New loan | Implied value | $/sf | Dist |
|---|---|---|---|---|---|---|---|---|---|
| 1051 ROSSILAND CIR | 3/2 | 1,170 sf | 2025-10-23 | $60K | 2026-06-10 | $105K | $140K | $120 | 0.56mi |
| 3636 HAZELWOOD AVE | 2/1 | 923 sf | 2025-12-08 | $55K | 2026-05-28 | $125K | $167K | $181 | 0.4mi |
| 1701 OZAN ST | 3/2 | 1,155 sf | 2025-11-04 | $80K | 2026-05-28 | $147K | $196K | $170 | 0.88mi |
| 3807 GUERNSEY AVE | 2/1 | 1,323 sf | 2026-01-08 | $82K | 2026-05-04 | $153K | $204K | $154 | 0.78mi |
| 3612 MACON RD | 2/1 | 1,854 sf | 2025-10-20 | $66K | 2026-03-17 | $173K | $230K | $124 | 0.65mi |
| 837 FREEMAN ST | 3/1 | 1,368 sf | 2025-03-14 | $80K | 2026-02-09 | $140K | $187K | $136 | 0.99mi |
| 1335 VICTOR DR | 2/1 | 1,035 sf | 2024-11-21 | $70K | 2025-11-25 | $110K | $147K | $142 | 0.19mi |
| 1050 GORDON ST | 4/2 | 1,588 sf | 2024-08-09 | $108K | 2025-11-06 | $130K | $173K | $109 | 0.78mi |
| 3768 FAIROAKS AVE | 3/2 | 1,528 sf | 2025-04-24 | $55K | 2025-08-26 | $139K | $185K | $121 | 0.18mi |
| 1155 VAUGHN RD | 3/1 | 1,227 sf | 2025-04-28 | $90K | 2025-08-26 | $140K | $187K | $152 | 0.71mi |
These resales set both the ARV and the spread in the comparison table above. Source: Shelby County recorded deeds, pulled 2026-07-12; comp prices time-adjusted to today.
The flip record
Flip history, this parcel 2 records
| Bought | Buy | Sold | Sell | Uplift | Held | Acq lender | Permits | Unpermitted work |
|---|---|---|---|---|---|---|---|---|
| 2017-05-12 | $42K | 2020-01-09 | $50K | 21% | 972 | – | 0 | no |
| 2006-07-18 | $43K | 2006-09-25 | $62K | 45% | 69 | – | 0 | – |
Permit coverage begins Jan 2018. Flips before that show a dash, not a verdict.
Refi value events (buy, rehab, refinance) none
no buy-rehab-refinance events on record (trust-deed coverage starts Jul 2024)
Nearby sales, all kinds (24 mo) 12 records
| Comp | Sold | Bd/Ba | Size | Price | $/sf | Dist |
|---|---|---|---|---|---|---|
| 3701 WHITTIER | 2026-07-10 | 3/2 | 1,624 sf | $163K | $100 | 0.56mi |
| 3468 E MAYFLOWER AVE | 2026-07-10 | 2/1 | 952 sf | $42K | $44 | 0.72mi |
| 3526 ROCKWOOD AVE | 2026-07-10 | 2/1 | 900 sf | $50K | $56 | 0.64mi |
| 3528 ROCKWOOD AVE | 2026-07-10 | 3/2 | 1,476 sf | $90K | $61 | 0.64mi |
| 4201 BAYLISS AVE | 2026-07-07 | 3/1 | 988 sf | $50K | $51 | 0.65mi |
| 953 N HIGHLAND ST | 2026-06-24 | 3/1 | 1,189 sf | $70K | $59 | 1mi |
| 3894 BAYLISS AVE | 2026-06-22 | 2/1 | 1,184 sf | $60K | $51 | 0.15mi |
| 3812 VERNON AVE | 2026-06-17 | 3/1 | 1,218 sf | $132K | $108 | 0.22mi |
| 1770 HOOD ST | 2026-06-16 | 3/1.5 | 1,000 sf | $115K | $115 | 0.85mi |
| 1055 MARIA ST | 2026-06-15 | 3/2 | 1,250 sf | $190K | $152 | 0.53mi |
| 3753 ROCKWOOD AVE | 2026-06-15 | 2/1 | 805 sf | $100K | $124 | 0.35mi |
| 960 DILLWORTH ST | 2026-06-12 | 3/2 | 1,274 sf | $214K | $168 | 0.69mi |
R2
Your terms
Paid ring · shown unlocked on this sampleThe spreadsheet replacement: every number that drives the deal in one view, grouped the way you actually work it. Acquisition, work, exit, hold. In the full read every one of these is yours to change; the record is the starting point, your numbers finish it.
Run it on your terms seeded from the read
Acquisition
As-is, investor basis
$57,020
Flipper max purchase, the 70% rule
$47,412
Max to pay & still assign
$37,412
at a $10,000 assignment fee
Work
Implied rehab, typical
$57,618
Realized range
$33,983 to $75,188
what comparable flips’ buy-to-resale spreads imply the work cost. Implied from records, not an invoice.
Exit
ARV, standard finish
$150,043
Spread before financing and carry
$35,405
Lender loan at 70% LTV of ARV
$105,030
Hold
Rent
$1,250/mo
$15,000/yr gross
Short-term revenue
$29K/yr
typical, gross
DSCR · cap rate · cash-on-cash
–
need your financing terms; this public sample carries none. In the full read your rate and term light these up.
84 realized flips in this zip in the last 24 months, gross spread band $54K to $115K (median $85K). This one pencils at $35,405 before carry. Spread here is the recorded resale minus the recorded buy, all flip classes, live-queried at bake.
Implied rehab $57,618, range $33,983 to $75,188: what the buy-to-resale spreads of comparable flips imply the work cost at a 70% basis. Implied from records, not an invoice. In the live read you set your own number.
These anchors are read from the realized comp ladder above, at condition B and a $10,000 assignment fee. In the live product every one of them is editable: buy price, rehab, rate and term, rent, occupancy, hold. MAO, flip P&L, DSCR, cap rate, cash-on-cash and refi cash-left-in recompute as you type, and an edited cell is flagged as your number, so the record stays the anchor. This is arithmetic on recorded outcomes, not advice. Numbers only, you decide.
The condition-transition matrix 4 paths
The decision a buyer actually makes is a class transition: buy at C and improve to B, push B to A, or hold as-is. The paths below are priced from the same realized ladder, side by side.
| Path | Cost to get there | Exit value | Rent | Short-term | The character of the path |
|---|---|---|---|---|---|
| C to Bbuy rough, standard improve | $75,188heavy end of the realized rehab band; a rough start implies the full job | $150,043ARV at standard finish, the same scored resales | $1,250/moB tier, median of the scored set | $29K/yrtypical of the operating band | value-add playthe full job, the standard exit |
| B to Apremium improve | –the records price full jobs to a standard finish; they do not isolate a premium increment from an average start | $168,458retail-finish tier of the same resales | $1,584/moA tier, 75th percentile of the scored set | $35K/yrtop of the operating band | premium finish playpaid back at the exit and the top of both rent bands |
| C to Chold as-is, rough | $0no rehab | $34,740rough end of what investors here actually paid, realized buy side | $1,096/moC tier, 25th percentile of the scored set | –the operating band above is guest-ready, furnished units; no realized revenue for an unimproved hold to draw from | as-is cash flow playC rent tier, no capital in |
| B to Bhold as-is, average | $0no rehab | $57,020typical realized investor buy basis here | $1,250/moB tier, median of the scored set | –the operating band above is guest-ready, furnished units; no realized revenue for an unimproved hold to draw from | as-is cash flow playB rent tier, no capital in |
The decision is a class transition: a wholesaler reads C to B for the flip spread, buy-and-hold reads the hold rows for cash flow, BRRRR reads C to B with the refi lens. Rent tiers are the 25th / 50th / 75th percentiles of the same 50-comp scored set above. Exit values and rehab read from the condition-anchored ladder: A and C re-anchor to the light and heavy ends of the realized spread. In the full read the condition chip up top picks your row and the terms grid inherits it. No verdict here; the paths sit side by side and you pick.
Likely takers
The operators competing for houses like this one and what they typically pay to acquire, from recorded deeds, compared against the $47,412 flipper max behind this read.
Active in 38122
| Operator | Buys 24mo / all | Typical buy | Vs flipper max | Top lender | Last buy (this zip) | Latest buy anywhere |
|---|---|---|---|---|---|---|
| MEMPHIS INVESTMENT PROPERTIES IV LLC | 9 / 11 | $80K | $33K above | – | 2025-10-29 | 2026-04-15, 1 in 90d |
| MEMPHIS TURNKEY PROPERTIES GP | 2 / 4 | $88K | $41K above | MEDALLION FINANCIAL SERVICES LLC | 2024-11-22 | 2026-04-02 |
| SUNDIAL INVESTMENT CO LLC | 2 / 2 | $103K | $55K above | – | 2025-06-18 | 2026-04-30, 6 in 90d |
| MID SOUTH HOMEBUYERS LLC | 1 / 4 | $36K | $12K below | FIRST COMMUNITY BANK | 2025-01-03 | 2026-05-08, 2 in 90d |
| GOSSETT DAVID M | 1 / 1 | $105K | $58K above | – | 2025-11-03 | 2025-10-29 |
County-wide operators who buy at this number
| Operator | Buys 24mo | Typical buy | Vs flipper max | Top lender | Last flip buy | Latest buy anywhere |
|---|---|---|---|---|---|---|
| MEMPHIS REV GP | 17 | $50K | $2,588 above | SAND HILL FUNDING LLC | 2026-03-25 | 2026-02-11 |
| MEMPHIS INVESTMENT PROPERTIES LLC | 5 | $62K | $15K above | COMMUNITY BANK OF MISSISSIPPI | 2024-10-04 | 2026-05-22, 4 in 90d |
Green means their typical buy clears (or comes within 10% of) that number. The flip columns count completed buy-and-resell pairs only; Latest buy anywhere is the operator’s newest recorded purchase countywide, resold or not, which is why it can run newer. Numbers only, you pick the buyer.
R3
Confidence
Lender ringHow much weight the numbers above can carry: comp density and match, permit validation, exit liquidity, margin of safety. In the product this ring rides with the lender API and the loan file; the sample shows it unlocked so you can see what a file gets.
Comp density & match
88% comp match
Scored flip resales12 at 1mi
Rent comps50 (25 leased)
Short-term comps5, area basis
Density tier thick: 191 realized flips in the zip + bedroom class overall, 12 scored onto this house.
Permit validation
2 permits on file, this parcel
Newest: Residential Mechanical Permit, opened 2024-12-03. County coverage begins Jan 2018; work before that shows a dash, not a verdict. Renovation claims on comps are checked against the same file.
Exit liquidity
174 days median hold
Realized hold band (25th to 75th)129 to 244 days
Buy to resale on the realized flips behind this read: how long money is actually in a deal like this here.
Margin of safety
$45,013 at completion
ARV, standard finish$150,043
Loan at 70% LTV$105,030
The cushion between the as-repaired value and the loan if the exit disappoints. Day-one cover for the file.
R4-R5
Scenario & timing
EnterpriseR4 is portfolio modeling across a collateral file: this same read run over every parcel a lender holds, netted into one exposure picture. R5 is market cycle position: where this zip sits in its own realized cycle. These rings open with the lender API and get co-built with early partners. Nothing on this page is mocked, so there are no numbers to show here yet.
Want this read on your next contract?
Thanks. You are on the early-access list. We will be in touch.
Your email goes to the early-access list and nowhere else.
Run your own address
The free read runs live on the landing page, no email needed. Early access adds everything on this page for your parcel: the scored comp ladder, deeds, permits, eviction and foreclosure checks, and your terms baked in.