
This property has a projected monthly rent of $975 ($11,700 annually), an estimated cash-on-cash return of 5.40%, and an expected monthly cash flow of $149.59. "all investment figures are estimates and verified independently by buyer" Well-positioned investment opportunity featuring a functional layout and solid bones. Recent updates enhance overall appeal, while the property remains in fair condition with visible wear consistent with age. Ideal for investors seeking to add value through cosmetic improvements and strategic upgrades. Conveniently located with strong rental and resale potential. Property offers strong long-term upside and is being sold As Is, presenting a value-add opportunity with some TLC needed. 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
$ 271.86 per month $240.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $31.50 Homeowner's Insurance
3725 Wax Myrtle Dr | MLS# 10210038
This townhouse located at 3725 Wax Myrtle Dr, Memphis, TN 38115 is currently listed for sale with an asking price of $108,000. This property was built in 1985 and has 2 bedrooms and 1 full and 1 partial baths. Wax Myrtle Dr is located in the HEATHER RIDGE PH2 subdivision. Search HEATHER RIDGE PH2 real estate on www.clcommercialrealestate.com today.