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$ 75,000
Est. payment | /mo
3 Beds
1 Bath
999 SqFt
$ 75,000
Est. payment | /mo
3 Beds
1 Bath
999 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 800-999
Square Footage 999 sqft
Price per Sqft $75
Subdivision Ridgegrove Re A
MLS Listing ID 10198040
Style Other (See Remarks)
Bedrooms 3
Full Baths 1
Year Built 1959
Annual Tax Amount $857
Lot Size 8,712 Sqft
Property Sub-Type Detached Single Family
Property Description
This property is leased at $815 per month (9,780 annually) through 05/09/2027, with a cash-on-cash return of 8.01% and a monthly cash flow of $168.51. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity featuring a well-maintained 3-bedroom, 1-bath home with timeless appeal and strong rental potential. Interior highlights include beautiful hardwood floors, a bright and inviting living area, central heat and air, window coverings, and an efficient floor plan designed for comfortable living. The property shows pride of ownership with clean finishes and good overall condition throughout. Situated on a generous lot with ample outdoor space, this asset offers a solid addition to any portfolio. A low-maintenance property with enduring appeal and excellent long-term investment potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Location
State TN
County Shelby
Area Frayser - North
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Eat-In Kitchen
Interior
Heating Central
Cooling Central
Flooring Vinyl/Luxury Vinyl Floor
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Some Trees
Story 1
Others
Miscellaneous Other (See REMARKS)
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS