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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
4
Photos
3811 S Mendenhall Rd Unit 3811, Memphis, TN 38115
$58,500 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
Built in
1973
Turnkey, GUARANTEED cash flow! This rental property leases for $797/mth with a Section 8 tenant (LEASE IS UP OCTOBER 2024) and is the perfect addition to your investment portfolio! New HVAC, flooring, dishwasher, garbage disposal, and countertops. Fresh paint downstairs. Excellent investment opportunity. Close today, increase your income tomorrow!
Features & Amenities
Interior
- Rooms:
- 4
- Flooring:
- Wood Laminate Floors,Part Carpet
- A/C:
- Central
- Heating:
- Central
Exterior
- General:
- Brick Veneer,Vinyl Siding,Storm Door(s), Patio
- Style:
- Other (See Remarks)
- Pool:
- None
- Parking:
- Parking Lot,Unassigned Parking, Parking spaces: 0
Construction
- General:
- 2
Location
- HOA Amenities:
- Other (See REMARKS)
- County:
- Hickory Hill/H.R. Mall
Lot
- Zoning:
- 093418 B00006
This listing courtesy of:
Patterson & Assoc. Real Estate
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Memphis, TN
Housing
- Number of Units
- 296,697
- Median Home Value
- $154,311
- Median Rent
- $742
52.07% of housing units are renter occupied.
10.48% are vacant.
Commute
- Car
-
82.14%
- Public Transportation
-
1.16%
- Walk to Work
-
1.09%
- Work from Home
-
14.58%
- Other
-
0.84%
The median travel time to work is 21 minutes.
People
- Population
- 676,522
- Median Age
- 35.70
- Median Household Size
- 2.54
Education
- High School
-
30.26%
- Associate’s Degree
-
6.19%
- Bachelor’s Degree
-
15.99%
- Graduate Degree
-
11.09%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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