2519 Staten Ave

Memphis, TN 38108
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3 bd, 1 ba | 1,799 sqft | Built in 1941

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List Price
$100,000

$8K

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,070

Total Return

$59,764

Annualized Return

28.5%

Cap Rate

8.0%

Gross Yield

12.8%

Cash Flow

$2,000

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,000

HOA

None

Flood Risk

Not Required

1,612 Sq. Ft. Recently updated property with open floor plan, distinctive curb appeal.3 bedrooms and 1 full bath. New roof, flooring, vanity, tub, countertops and electrical ! Recently appraised for $130,000 !Property have enough room to add an extra Bedroom and Bathroom if desired ! Just waits for you to call it home !

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$12,198

Expenses

-$2,762

Property Taxes

-$2,000

Loan Payments

-$5,437

Net Cash Flow

$2,000

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Anna Palazola
Agent License 362111
Anna Palazola
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10156764
Last Updated: 09/24/2023 03:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.