Memphis, Tennessee

$69,900
  • Size: 1892 sq ft
  • Bedrooms: 3
  • Bathrooms: 2
  • 2 car garage
  • Floors: 2
  • Year built: 1988
  • Other: Mallard Ridge Subdivision

We continue to bring you excellent Memphis investment properties such as the following.

Memphis Investment Properties in Mallard Ridge Subdivision Summary

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

Market Value: $92,000 Monthly Rental Income $1050
Price: $69,900 Property Management ($84)
Bedrooms 3 Property Taxes ($152)
Bathrooms 2 Insurance / HOA Fees ($50)
Square Footage 1892 Maintenance / Vacancy ($42)
Year Built 1988 Total Operating Expenses ($328)
Parking Spaces 2 Approx. Net Operating Income $722
Lot Size (Sq ft) CALL Rented / Leased YES

 

This 3 Bedroom, 2 bathroom home has over 1,892 sq feet and is located in the very safe and pleasant subdivision of Mallard Ridge.

This home has been completely updated and was just rented for $1,050 providing you with instant equity and cash flow when you close.

You can purchase this investment property with cash or even financing is available.

  • 3 Bedrooms
  • 2 Bathrooms
  • 1,892 Square Feet

Already rented at $1050/Month!!

Only $69,900!!!! This Memphis Investment Property was last sold on Zillow in July 2010 for $257,950! Currently valued at $92,000 per Zillow so you will have instant equity going into this property.

Great Cash Flow right from the start!
This rare cash flow property already has a renter in place!
Instant equity and cash flow when you close!!

  • Taxes $85/month (est)
  • Insurance $50/month (est)Property Management $84.00/month

The master bedroom is on the main floor with the other bedrooms upstairs.
Low maintenance tile floors throughout the main floor
The kitchen features a large walk in pantry
Huge – fenced back yard. This home is in a very nice and safe neighborhood

Can You Believe The Potential of Memphis Investment Properties?

Not only do you cash flow with the right property, you also have instant equity going into this property.

Have you heard of Money Magazine and Business 2.0? They forecast that Memphis investment properties have the upside potential when the Memphis, TN economy recovers. Listed in their top 10 cities to recover from the economy. Prices in real estate will begin to appreciate.

Bloomberg Business Week projects a nearly 20% appreciation potential for Memphis investment properties as we near 2014. What a nice bonus to own real estate in this area.

Memphis Investment Properties: A Lot Of Potential With This One

As a real estate investor, if you have a good rental market you will have solid rents that can continue to increase. You’ll also have the ability to hand pick your tenants rather than have to accept the terms they ask for.

There’s a lot going for those who invest in Memphis investment properties. It is set to grow a lot more in the coming years so make sure to invest in real estate there.

What properties out there can offer you instant equity AND cash flow AND a renter AND the potential for more appreciation? This is the one!

Don’t let yourself end up in the manner of over-analyzing every single thing with regards to to buying an investment property. A good deal of our investment properties that we offer you are put into a contract in a matter of business days of offering it to our private real estate investment clubs.

All you have to do is take the next step and talk to Jeff Lindikoff (541)537-2042 about this property and how great of an addition this real estate investment property might be to add to your real estate portfolio.


Memphis, Tennessee

Your Agent for this listing

Jeff Lindikoff
Agent
Office: 541-537-2042
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