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3798 Ford Rd, Memphis, TN, 38109

3beds
1baths
960sqft
$89,900
$94price/sqft
$878/moest. monthly cost
$35,120/yrincome needed

About This Home

This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. This home is professionally managed. It is 3 minutes from Levi Elementary School, 10 minutes from Mississippi state line, 15 minutes from Downtown, 5 minutes from Whitehaven area, and 12 minutes from Graceland! Call today for more info! No seller financing and no wholesalers. (Tax records show 2 bedrooms, but it is 3 bedrooms)

Getting Around

11
WalkingCar-Dependent
27
TransitSome Transit
29
BikeSomewhat Bikeable

Schools

4/10
Levi Elementary SchoolGrades PK-50.7 mi
4/10
3/10

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Other (See REMARKS)

Bedroom2

  • Features: Shared Bath,Carpet
  • Level: First

Bedroom3

  • Features: Shared Bath,Carpet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,1 or More BR Down,Full Bath Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet,Tile,Vinyl
  • Attic: Attic Access

Heating & Cooling

  • Heating features: Central
  • Cooling features: Window Unit(s),Ceiling Fan(s)

Interior Area

  • Total interior livable area: 960 sqft

Kitchen

  • Features: Eat-in Kitchen,Washer/Dryer Connections,W/D Connection in Kitchen

Living Room

  • Features: Separate Living Room

Master Bathroom

  • Features: Tile Floor

Master Bedroom

  • Features: Carpet
  • Level: First

Property

Details

  • Parcel number: 075094 00021

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio
  • Exterior features: Storage,Sidewalks
  • Fencing: Chain Link,Wrought Iron

Lot

  • Lot size: 7,840 sqft
  • Features: Some Trees,Level
  • Lot size dimensions: 66 x 120

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad,Storage,Other (See REMARKS)
  • Covered spaces: 1
  • Has uncovered spaces: Yes