13.51% ROI – Stage Ave, Memphis, TN 38127 – Section 8 Rental Sold

$37,500
2 beds
1 baths
861 sqft

Sold

Section 8 Rental – 1391 Stage Ave, Memphis, TN 38127 is a nice 2 bedroom, 1 bath brick home in the Frayser area of Memphis, TN. This home includes wall to wall carpet and central air. The HVAC is less than 8 years old. This home is near Frayser Community School, Trezevant High School, MLK College Preparatory School, Whitney Achievement Elementary School and is 15 minutes from Downtown Memphis where you can shop, eat and have fun at the FedEx Forum.

This house Qualities for Our Free 12 Month Maintenance Warranty!

Cash Flow Analysis:
Tenant Occupied: Yes
Rental Income: $506 Per Month / $6,072 Per Year
Property Management: $446
Real Estate Taxes: $507
Insurance: $400
Positive Cash Flow: $4,730
ROI: 13.51%

13.51% ROI – Stage Ave, Memphis, TN 38127

Price:: $37,500
Address:: 1391 Stage Ave
Memphis, TN 38127
Square Feet:: 861
Bedrooms:: 2
Bathrooms:: 1

Terms:: For Sale
Property Type:: Home
Year Built:: 1955
Const. Type:: Brick

Additional Features

HVAC Less Than 8 Years Old, Wall To Wall Carpet, Central Air, Brick House

Call (901) 443-4660 for more details

I received excellent service, communication and professionalism from Terry Brown. He handled the sale of my home quickly and headache free. He also returned all phone calls and emails promptly. What I thought was going to be a daunting process was pleasant and easy. Everything went smooth from the listing to the closing. The process took less than a month. I would definitely use him and USA Prime Properties again and recommend him to others.

Constance Harrison

“Closing went smoothly”

I called USA Prime Properties and found Terry extremely helpful with answering all of my questions. Closing went smoothly and Terry even called me 2 weeks after to see how I was doing.

I have purchased many investment houses in Memphis, TN and found Terry at USA Prime Properties at the top of my list of firms to use. His communication skills are the best.

R. Kennedy