ATTENTION INVESTORS! Turnkey investment opportunity with projected rental income of $975/month ($11,700 annually), offering an estimated monthly cash flow of $149.59 and a projected 5.40% cash-on-cash return. 3725 Wax Myrtle Dr. features 2 bedrooms and 1.5 baths with a spacious living and dining area, abundant natural light, functional kitchen with ample cabinet storage, generously sized bedrooms, and a private patio ideal for relaxing or entertaining. Property offers strong long-term upside and is being sold As Is, presenting a value-add opportunity with some TLC needed. No wholesalers, assignments, or creative financing! VACANT PROPERTY ? showings available. Financials available upon request.
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Frankie Kidd
Agent Phone: Cell: (901) 277-5446
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 271.86 per month $240.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $31.50 Homeowner's Insurance
3725 Wax Myrtle Dr | MLS# 10210038
This townhouse located at 3725 Wax Myrtle Dr, Memphis, TN 38115 is currently listed for sale with an asking price of $108,000. This property was built in 1985 and has 2 bedrooms and 1 full and 1 partial baths. Wax Myrtle Dr is located in the HEATHER RIDGE PH2 subdivision. Search HEATHER RIDGE PH2 real estate on frankie.crye-leike.com today.