2977 Ford Rd

Memphis, TN 38109
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4 bd, 2 ba | 1,176 sqft | Built in 1987

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For Sale

Exclusive

List Price
$84,900

Initial Investment

$26,118
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

02/05/2021

Lease End

01/31/2023

Lot Size

7,500

HOA

None

Flood Risk

Not Required

  • Get more insight into this market here
  • This property is being sold in its current condition with in-place cash flow. All conditions details can be found in the inspection report under the 'Analysis' tab
  • Great cap rate and annual cash flow
  • At market rent, it is above 1% rule for rent and listing price
See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,975

Expenses

-$2,873

Property Taxes

-$1,300

Loan Payments

-$3,648

Net Cash Flow

$2,154

See more in Financials

Property Characteristics

Roofstock Exclusive

Listed directly by the seller, Exclusive properties are only available through Roofstock.
  • These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
  • If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
  • The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.

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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