SFH Investment in 38141 of Memphis, TN! Great Returns!

[Jonathan McGee]

Contract -

You don't want to miss out on this excellent deal in the hottest investor area of Memphis! This two story 3/2 1400 sq ft. brick single family town home resides in the popular 38141 zip code near Crump Elementary School. Features like newer HVAC (serviced annually), fireplace, fenced yard, vaulted ceilings with breezeway and french doors will make this a hot rental! You can take a look at the recent comps on the same street and see why this is a STEAL!

Recently rented at $850/mo to a long term tenant who just moved out! 

Estimated market value of $99,000. Rent rates between $850/mo-$925/mo.

Rent ready repairs estimated at about $4,000.

Priced for assignment at $72,000 with cash or HML.

Recent comps:

5849 Jardin Pl. Memphis, TN 38141 - Sold $99,900 04/23/2018 - 0.0mi

5854 Jardin Pl. Memphis, TN 38141 - Sold $99,900 04/26/2018 - 0.0mi

4432 Forest Valley Dr. Memphis, TN 38141 - Sold $90,900 01/05/2018 - 0.1mi

Please contact Jonathan at [email protected] or by phone to 901-290-7827 for more information.