502 E Dison Ave Memphis, TN 38106
4bd, 2ba | 1,512sqft | Built in 1920
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Initial Investment
$98,206
List Price: $95,000
Purchase Price
$95,000
Down Payment
100%
Rent
$1,035

Total Return
$38,732
Annualized Return
7.8%
Cap Rate
7.8%
Gross Yield
13.1%
Cash Flow
$6,844
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Month To Month
Lease Start
10/09/2015 
Lease End
M/M
Property Type
Duplex
Lot Size
6,264 
HOA
None
Flood Risk
Not Required
  • Well-maintained duplex requires minimal repair
  • Both units are occupied
  • Close to downtown Memphis (4 mi) and Medical District (4 mi)
  • Easy access to freeways and transit

Annual Financial Highlight
Expected Rent
$11,799
Expenses
-$3,255
Property Taxes
-$1,700
Loan Payments
$0

Net Cash Flow
$6,844
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

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

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