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4837 Summitridge Drive

Investment Property in Memphis

Rent Range of Comparable Properties in the Area: $750-$850

Rehab Included in Purchase Price:$24,000

*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.

Purchase Price $58,900
Estimated Value $58,900
Property Type Single-Family Home
Beds/Baths 3 beds, 2 baths
# of Units 1
Square Feet 1130
Occupancy Status Vacant
Year Built 1985
Total Views 97

Property Information

  • Single-Family Home
  • Central Heat and Air
  • No Garage
  • Roof Condition: Average
  • Foundation: Slab
  • Rehab Needed: No
  • Lot Size: 0
  • Roof Type: Composition Shingle
  • Vacant: Yes
Posted by Clifton Stone at 4:02 PM

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    I wanted to send you a note to thank you for being terrific partners over the last 4 years. Clifton has been one of the most responsive and thoughtful people I have ever worked with. He neve...
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