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Homes For Sale By Owner - Tennessee Real Estate - Shelby County - 38115 - Memphis

Single Family Home in Memphis

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Single Family Home for Sale in Memphis, TN 38115
Asking Price USD 49,500
Property Type Single Family Home
Year Built 1981

Property Address :
5687 Wintertree,
Memphis, Tennessee 38115

Shelby County

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Seller information:
Ad expired

Bedrooms: 3
Bathrooms: 2
Floors : 1
Garage Size: None
Size : 1215 sq. feet

Rent range of comparable properties in the area: $795-$895
Last normal sale was 12/3/1999 this property sold for $56,000.00
Whole Sale price-$49,500.00
OVER 35% Cash on Cash ROI!!!
This is a GREAT buy and hold deal!!
1 year guaranteed lease $800.00 month already in place.
*Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476*
*Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time.
*All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
Nearest Properties:
2BR/2BA Home for Sale in Memphis, TN 38141 - $39,995 (1.1 mi)
3BR/2BA Home for Sale in Memphis, TN 38115 - $69,000 (1.9 mi)
4BR/2BA House for Sale in Memphis, TN 38118 - $61,500 (4.6 mi)
2BR/1BA House for Sale in Memphis, TN 38111 - $72,000 (5.9 mi)
3BR/2BA Townhome for Sale in Germantown, TN 38138 - $212,000 (6.1 mi)

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