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Archived over 5 years ago

$27,000

3 bd 1 ba 1220 sqft

783 Nonconnah Road, Memphis, TN 38109

Residential SFR Occupied

Current Rent **

$600

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

High

GREAT CASH FLOWING PROPERTY!!! GREAT CONDITION!!! AMAZING LOT!!!

Priced to Sell!!! Great Condition!!! Amazing Lot!!!

bedrooms: 3 Bath: 1 Square Footage: 1,220Currently Rented FOR $600 PER Monththis Property is in Great Condition and Only Needs a new Hvac System. Roof and Water Heater are Fairly new!

Location:

783 Nonconnah Road, Memphis, TN 38109

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.