This property has a projected monthly rent of $675 ($8,100 annually), an estimated cash-on-cash return of 14.29%, and an expected monthly cash flow of $211.40. "all investment figures are estimates and verified independently by buyer" A 3BR/1BA home with a functional layout, spacious living area, and galley kitchen. Generously sized backyard offers added outdoor potential. Property includes a 1-year-old AC system, 1-year-old heating system, and a 1-year-old water heater, reducing near-term maintenance concerns. Interior features durable flooring and an updated kitchen with modern cabinetry and finishes. Situated on a generous lot with off-street parking, the overall condition reflects consistent upkeep with value-add potential. Property requires TLC and is being sold AS-IS, making it ideal for renovation, repositioning, or portfolio expansion. Easy to show. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group
Estimated Payment
$ 269.11 per month $255.99 Principal & Interest $0.00 Property Tax (data not provided by mls) $13.13 Homeowner's Insurance
1211 Canfield Ave | MLS# 10218074
This single family home located at 1211 Canfield Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $45,000. This property was built in 1954 and has 3 bedrooms and 1 full baths. Canfield Ave is located in the FRAYSER MANOR subdivision. Search FRAYSER MANOR real estate on destin.localagencyrealty.com today.