Turnkey Renovated 2BR/1BA in South Memphis. This property has a 3-year tenant who is vacating in mid-September. Scheduled rent was $1,050/Month and the property is currently listed for rent at that same price. Almost all parts of the house were renovated within the last 5-7 years. Hot Water Heater is 2yrs old. This is a great starter rental for any investor looking to enter the Memphis market. This could also be fantastic first time homeowner property. Mortgage price with an FHA 3.5% loan would be UNDER what you can pay for rent. Stop renting when you can OWN for cheaper!. Seller willing to offer full sellers concession to roll in any closing costs for the buyer.
Based on the average sale price from the Memphis, TN office
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
3100 Travis Rd Memphis, TN is a Single Family Home for sale at $89900 with 696 sqft and a lot size of 0.16 Acres Acre(s). 3100 Travis Rd Memphis has 3 bedrooms, 1 baths and was built in 1964. The property's zip code is 38109 which is in Memphis, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.