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Property Description

This property has a projected monthly rent of $975 ($11,700 annually), an estimated cash-on-cash return of 5.40%, and an expected monthly cash flow of $149.59. “all investment figures are estimates and verified independently by buyer” Well-positioned investment opportunity featuring a functional layout and solid bones. Recent updates enhance overall appeal, while the property remains in fair condition with visible wear consistent with age. Ideal for investors seeking to add value through cosmetic improvements and strategic upgrades. Conveniently located with strong rental and resale potential. Property offers strong long-term upside and is being sold As Is, presenting a value-add opportunity with some TLC needed. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Features
: No
: Central
: Central
1
: Driveway/pad
Address Map
US
TN
Shelby
Memphis
HEATHER RIDGE PUD PHASE 2
38115
WAX MYRTLE
3725
DR
0
W90° 7' 21''
N35° 2' 49.4''
From Winchester Rd, head south to Clarke Rd, then head west to Tulip Tree Dr, then head south to Wax Myrtle Dr. The house is on the right.
MLS Addon
4609
Active
: Attached Single Family
2
27X110

Residential For Sale

3725 WAX MYRTLE DR, Memphis, Tennessee 38115

2 Bedrooms
1.1 Bathrooms
0 Sqft
$108,000
Listing ID #10210038
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 10210038
Price : $108,000
Bedrooms : 2
Bathrooms : 1.1
Full Bathrooms : 1
Half Bathrooms : 1
Square Footage : 0 Sqft
Year Built : 1985
Lot Area : 0.06 Acre
Status : Active
Days On Market : 203
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