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Off market
  • $84,700

    450 Hewlett Rd, Memphis, TN 38109

    3beds
    1,350sqft
    SingleFamily
    Built in 1970
    8,276 Square Feet Lot
    $84,700 Zestimate®
    $63/sqft
    $1,331 Estimated rent

    Home value

    $84,700

    $68,000 - $102,000

    $1,331/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,331/mo

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    $1,331/mo

    Rent Zestimate®

    Refinance and save

    $419/mo

    Est. payment

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    $419/mo

    Est. payment

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    What's special

    Gross Yield 14%- Rented $750A Month! Status: Available Purchase Price: $65,000 Property Type: Single Family Beds/Baths: 3 Beds, 1 Bath Square Feet: 1,296 sqft Lot Size: 0.18 Acres Year Built: 1970 Occupancy Status: Rented- $750 a month ROI- 14% Taxes- $803 a year = $66.92 a month Insurance- $400 a year = $33.33 a Month Property Management 8%- $720 a year = $60 a month CASH PURCHASE-Passive Cash Flow = $7,077.00 a year = $589.75 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 call 901-212-4476 • 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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Other, Gas
    Cooling
    • Wall
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,350 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off-street
    Features
    • Exterior features: Brick
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 07521900014

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Crawl/Raised
    • Roof: Composition
    Condition
    • Year built: 1970

    Community & neighborhood

    Location
    • Region: Memphis

    Other

    Other facts
    • Cooling System: Air Conditioning
    • false

    Price history

    DateEventPrice
    8/9/2024Listing removed--
    Source: Zillow Rentals
    4/2/2024Price change$950-24%$1/sqft
    Source: Zillow Rentals
    1/12/2024Listed for rent$1,250+66.7%$1/sqft
    Source: Zillow Rentals
    7/20/2019Listing removed$750$1/sqft
    Source: DCC Rentals LLC
    6/15/2019Listed for rent$750$1/sqft
    Source: DCC Rentals LLC

    Public tax history

    YearProperty taxesTax assessment
    2024$909 +8.1%$13,800
    2023$841 $13,800
    2022-- $13,800

    Find assessor info on the county website

    Neighborhood: White Haven-Coro Lake

    Nearby schools

    GreatSchools rating
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