Turnkey investment opportunity with strong projected rental potential at an estimated $1,570/month ($18,840 annually), offering solid upside for investors. Estimated monthly cash flow of $210.74 with a projected 5.11% cash-on-cash return (pro forma). Welcome to 3671 Barron Ave, a refreshed vacant 4BR/2BA home in the high-demand 38111 zip code. Features include hardwood flooring throughout, updated kitchen with shaker cabinetry, and a spacious, functional layout with well-sized bedrooms. Large fenced backyard ideal for outdoor use. Conveniently located near the University of Memphis, Memphis Botanic Garden, Audubon Park, dining, and major commuter routes. Seller offering closing cost or rate buy-down assistance with acceptable offer. VACANT ? Easy to show. No wholesalers, assignments, or creative financing. Financials available upon request.
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimated Payment
$ 1,028.61 per month $978.44 Principal & Interest $0.00 Property Tax (data not provided by mls) $50.17 Homeowner's Insurance
3671 Barron Ave | MLS# 10220318
This single family home located at 3671 Barron Ave, Memphis, TN 38111 is currently listed for sale with an asking price of $172,000. This property was built in 1953 and has 4 bedrooms and 2 full baths. Barron Ave is located in the BARRON MANOR 1ST ADD subdivision. Search BARRON MANOR 1ST ADD real estate on www.localagencyrealty.com today.