Property Description

Property is boarded up, agent will need to bring a drill to remove boards. No showings without accepted offer. Property needs TLC and is being sold AS IS. Seller will not connect utilities. This property has a projected monthly rent of $1,050 ($12,600 annually), an estimated cash-on-cash return of 29.70%, and an expected monthly cash flow of $501.19. "all investment figures are estimates and verified independently by buyer" Strong investor opportunity in Memphis! 3BR/1BA home offers approx. 1,348 SF with a functional layout, separate living and dining areas, and durable hard-surface flooring. Features include a bright living space, updated kitchen with shaker-style cabinets, refreshed bath, and central HVAC. Spacious backyard offers value-add potential, ideal for light rehab or portfolio expansion in an improving area near schools and major corridors. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property Features