13.51% ROI – Stage Ave, Memphis, TN 38127 – Section 8 Rental Sold

  • $37,500
  • 2 beds
  • 1 baths
  • 861 sqft

Section 8 Rental – 1391 Stage Ave, Memphis, TN 38127 is a nice 2 bedroom, 1 bath brick home in the Frayser area of Memphis, TN. This home includes wall to wall carpet and central air. The HVAC is less than 8 years old. This home is near Frayser Community School, Trezevant High School, MLK College Preparatory School, Whitney Achievement Elementary School and is 15 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: $506 Per Month / $6,072 Per Year
Property Management: $446
Real Estate Taxes: $507
Insurance: $400
Positive Cash Flow: $4,730
ROI: 13.51%

Price:
$37,500
Address:
1391 Stage Ave
Memphis, Tennessee 38127
Square Feet:
861
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1955
Const. Type:
Brick

Additional Features

HVAC Less Than 8 Years Old, Wall To Wall Carpet, Central Air, Brick House

Call (901) 443-4660 for more details

Property Location

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