Home being sold AS IS and needs TLC/work. Seller will not connect utilities. Photos reflect the property's potential. This property has a projected monthly rent of $675 ($8,100 annually), an estimated cash-on-cash return of 13.91%, and an expected monthly cash flow of $205.79. "all investment figures are estimates and verified independently by buyer" Investor opportunity with strong potential! This 3BR/1BA home offers ~900 SF on a generous lot with a functional layout, bright living area, eat-in kitchen, and hard-surface flooring throughout. Recent updates include HVAC, heating unit, and water heater, helping reduce near-term expenses. The property appears well-maintained with solid structure and a spacious backyard, making it ideal for rental income, value-add improvements, or a long-term hold strategy. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 113.28 per month $100.15 Principal & Interest $0.00 Property Tax (data not provided by mls) $13.13 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1211 Canfield Ave | MLS# 10218074
This single family home located at 1211 Canfield Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $45,000. This property was built in 1954 and has 3 bedrooms and 1 full baths. Canfield Ave is located in the FRAYSER MANOR subdivision. Search FRAYSER MANOR real estate on www.clhomes.com today.