Memphis, Tennessee

$59,900
  • Size: 1331 sq ft
  • Bedrooms: 3
  • Bathrooms: 2
  • Floors: 1

Memphis Investment Properties: Turn Key Investment Opportunity

  • Great Rental Area
  • Fantastic Location
  • Cash Flow (with the right financing / down payment)
  • Beautiful Home
  • In An Area of More Expensive Homes

Located in the desirable Whitehaven area of Memphis, Tennessee this home features beautiful hardwood floors, covered carport parking as well as a detached garage.

According to the seller, “With over 1,331 square feet of living space and brick exterior, this home is everything a tenant and investor could want in a solid rental“.

  • 3 Bedrooms
  • 2 Baths
  • 1,331 Square Feet
  • Beautiful Treed Lot

Estimated Rent $850/ Month

Taxes $224 (approximately Per Seller)
Insurance $42 (approximately Per Seller)
Property Management $68

Memphis Investment Properties – End Of The Year Special:

$59,900

  • The property is renovated
  • Desirable Location of Memphis, TN
  • At this price this property will not last long on the market

Memphis Investment Properties Approximate Breakdown Summary

CALL JEFF LINDIKOFF FOR DETAILS at (541) 537-2042

Market Value: Monthly Rental Income $850
Price: $59,900 Property Management ($68)
Bedrooms 3 Property Taxes ($224)
Bathrooms 2 Insurance / HOA Fees ($42)
Square Footage 1331 Maintenance / Vacancy ($42)
Year Built Total Operating Expenses ($376)
Parking Spaces Approx. Net Operating Income $474
Lot Size (Sq ft) Rented / Leased N/A

Why should you consider Memphis investment properties?

  1. Understand that Bloomberg Business Week is estimating that the Memphis housing market is going to be the #1 strongest in the US housing market in 2014 with a 19.5% increase in the population in the surrounding areas of Memphis, TN.
  2. We also know that Money Magazine has already listed Memphis within their top 10 cities  for economic recovery. Memphis will be one of the cities to turn around and with that comes appreciation in real estate values.
  3. Also, Business 2.0 has Memphis listed in their top 10 cities to invest in Real Estate as well. To be in the upper 20% is a good sign when purchasing an investment property.
  4. Memphis investment properties in this area have a strong rental market
  5. Don’t forget that this property will Cash Flow with the right type of financing or down payment!

Memphis is prime for growth and a very solid place for investing in Real Estate.

The Next Step For This Memphis Investment Property:

Better not allow yourself fall under the manner of over-analyzing every single thing when it comes to purchasing an investment property.

Many of our investment properties that we feature are put under contract in a matter of days of offering it for our private real estate investment group.

What you will need to do is take the next step and speak to Jeff Lindikoff (541)537-2042 about this investment and how great of an acquisition this investment property will be to add this to your real estate portfolio.


Memphis, Tennessee

Your Agent for this listing

Jeff Lindikoff
Agent
Office: 541-537-2042
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