2775 W Hickory Blf

Memphis, TN 38128
image0

3 bd, 2.5 ba | 1,536 sqft | Built in 1982

slider image
slider image
slider image

Favorite

List Price
$124,000

Initial Investment

$33,790

Purchase Price

$124,000

Down Payment

25%

Rent

$1,340

Total Return

$86,172

Annualized Return

31.6%

Cap Rate

8.3%

Gross Yield

13.0%

Cash Flow

$2,807

Appreciation

9.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

3,615

HOA

None

Flood Risk

Not Required

Many upgrades completed in this Zero Lot line home. Property has New roof; siding; upgraded kitchen and bathroom; new fence; new flooring and painting. Property is currently occupied by tenant paying $1200/month. Make offer subject to inspection; Property sold "as is" for cash. No wholesalers or assignment offers will be accepted. Also available from same owner: 4004 Ridgedale, 2782 Mojave Place, 1065 Berclair. May be bought separately or as package. Owner says to make offer!

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$15,276

Expenses

-$3,478

Property Taxes

-$2,250

Loan Payments

-$6,741

Net Cash Flow

$2,807

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.
View Options

Similar Listings



Listing Courtesy of:Lowell Brister
Agent License 242333
Jack Brister
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10194304
Last Updated: 04/15/2025 15:04
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.