4627 Buffer Dr

Memphis, TN 38128
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3 bd, 2 ba | 1,448 sqft | Built in 1978

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,390

Total Return

$100,621

Annualized Return

26.5%

Cap Rate

6.1%

Gross Yield

9.8%

Cash Flow

$559

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,557

HOA

None

Flood Risk

Not Required

Spacious 3 bedroom 2 bath home that is move in ready! This home has so many updates: new paint, new LVP in the living spaces, new carpet in the bedrooms, new kitchen countertops, new lighting, new ceiling fans, new bathroom vanities. So many amazing updates inside and out that give it a modern feel. The spacious fenced backyard is perfect for your fur baby or entertaining friends and family. Perfect for a first time home buyer or as an addition to your investment portfolio. This beautiful home is ready for you to move in and call home!

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$15,846

Expenses

-$2,950

Property Taxes

-$3,100

Loan Payments

-$9,237

Net Cash Flow

$559

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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:Camela Henke
Agent License 307460
Camela Henke
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10194425
Last Updated: 04/16/2025 17:04
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