6605 Poplar Ave

Germantown, TN 38138
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2 bd, 1.5 ba | 1,148 sqft | Built in 1969

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List Price
$148,000

Initial Investment

$40,330

Purchase Price

$148,000

Down Payment

25%

Rent

$1,510

Total Return

$74,535

Annualized Return

25.3%

Cap Rate

7.8%

Gross Yield

12.2%

Cash Flow

$2,673

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

2,743

HOA

None

Flood Risk

Not Required

Upgrade your lifestyle with this Germantown Gem! Premium location, city views, conveniently located with walkability to shopping and dining. Fantastic functional layout with first floor living and entertainment area from the enclosed private patio, to the interior living room, dining room, half bath and kitchen with breakfast bar. Retire to the second floor with 2 spacious bedrooms with walk in closets, double vanity with granite in main bath and laundry closet. Schedule your private tour today!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$17,214

Expenses

-$3,795

Property Taxes

-$2,700

Loan Payments

-$8,046

Net Cash Flow

$2,673

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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Similar Listings



Listing Courtesy of:Brenda Allen
Agent License 284932
Leaving A Legacy Realty, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10194443
Last Updated: 04/18/2025 22:04
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