12.36% ROI – Glenburee St, Memphis, TN 38109 – Section 8 Rental Sold

  • $55,000
  • 4 beds
  • 2 baths
  • 1328 sqft

Section 8 Rental – 3788 Glenburee St, Memphis, TN 38109 is a 4 bedroom, 2 bath frame home. Rented with Guarantee Rental Program-Section 8 at $700 per month. This home has a new roof, furnace and hot water heater. This home is near Riverview Middle School, Farley High School, Freedom Prep Academy High School and is 17 minutes from Downtown Memphis where you can shop, eat and have fun at the FedEx Forum.

This house Qualities for Our Free 12 Month Maintenance Warranty!

Cash Flow Analysis:
Tenant Occupied: Yes
Rental Income: $700 Per Month / $8,400 Per Year
Property Management: $672
Real Estate Taxes: $739
Insurance: $500
Positive Cash Flow: $6,489
ROI: 12.36%

Price:
$55,000
Address:
3788 Glenburee St
Memphis, TN 38109
Square Feet:
1328
Lot Size:
6,969
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1970

Additional Features

Leased (Section 8) @ $700 Monthly / Long Term Tenant, Fenced Back Yard, Carport, Wall To Wall Carpet Ceramic Tile In Kitchen & Bath

Call (901) 443-4660 for more details

Property Location

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