Nice Passive Income Property- Rented $625 Status: AVAILABLE Purchase Price: $48,000 Property Type: Single Family Beds/Baths: 3 Beds, 2 Baths Square Feet: 1,100 sqft Lot Size: .165 Acres Year Built: 1959 Occupancy Status: Rented- Sec 8 tenant PROPERTY DESCRIPTION Rented Sec 8 1 yr tenant- $65 Taxes- $819 a yr Insurance- $375 a yr PM FEE 8%- $53.60 a month 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. Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio • 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®
$74,900
3593 Kensett Dr, Memphis, TN 38127
3beds
1,200sqft
SingleFamily
Built in 1959
6,969 Square Feet Lot
$74,900 Zestimate®
$62/sqft
$1,215 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Dryer, Washer
Features
- Flooring: Tile, Laminate
- Basement: Partially finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 6,969 sqft
Details
- Parcel number: 07200100092
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1959
Community & neighborhood
Location
- Region: Memphis
Other
Other facts
- Flooring: Tile
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