This home conveniently located near Covington Pike and I-40 is is already locked and loaded for cash flow! With four bedrooms, two bathrooms, and a tenant already in place at $1095, it's sure to wow any investor. *Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time. *All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
Off market
Zestimate®
$172,000
4709 Raleigh Lagrange Rd, Memphis, TN 38128
4beds
2baths
2,082sqft
SingleFamily
Built in 1964
8,537 Square Feet Lot
$172,000 Zestimate®
$83/sqft
$1,593 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
Features
- Flooring: Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,082 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 8,537 sqft
Details
- Parcel number: 08803400008
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Memphis