Shelby County, Memphis, TN 38127
3 bd2 ba1,380 sfBuilt 1975
Gross spread$60,000
Description
CALL OR EMAIL JOSEPH [contact details hidden] Type: Single-Family Home 3 Beds / 2 Baths 1,380 SqFt 7,405 SqFt Lot Year Built: 1975 Price: $140,000 Seller-finance rental in Memphis with 0% interest and a $500/mo payment. A long-term tenant is in place paying $950/mo through June 2028, so the property produces income from day one with $25,000 down. Creative Finance Terms: – Purchase Price: $140,000 – Down Payment: $25,000 – Amount Financed: $115,000 – Interest Rate: 0% – Monthly Payment: $500/mo P&I – Balloon: 72 months Notes: – Tenant occupied, long-term lease in place – Current rent: $950/mo – Lease end: June 2028 – Title: Rudy Title and Escrow – COE: November 13 – Access: By appointment Disclaimer: Do not contact Seller. Escrow is opened and earnest money is in. Legal action will be taken against anyone contacting the Seller. Seller's are trained to communicate this to us, you will be banned/blacklisted from InvestorLift. Principle's only. Do not blast our deals without consent. We work with Realtors and Wholesalers! Please add your fee on top. JOINT VENTURE? Need help moving a deal? Leverage our 5 million cash buyers nationwide on cartel mode.
$/sqft vs market
Median of 44 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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