BiggerPockets

Description:

This is a really nice solid brick home located in a great rental district of the city. Located about halfway between the FedEx World Headquarters and the Memphis International Airport, the 2nd largest cargo airport in the world, thanks to FedEx, this home is sure to always have great rental demand. Having such great features as gleaming hardwood floors, central heat and air, new tiled kitchen, and a location near schools, shopping, and churches, this home is sure to be a great place to live for a tenant for many years. For an investor, this home offers double digit returns, including an estimated positive cash flow of around $300 for an investor using leverage. For an investor seeking to build real wealth, this investment home would be a great start