About This Home

This 3-bedroom, 1-bathroom single family at 3798 FORD Rd in Memphis, TN is listed for $89,900 ($94 per sqft). Built in 1970, the home offers 960 sqft of living space on a 0.18 acres lot.

Key Features

Built in 1970
0.18 acre lot

Property Details

1 story

1 full

1970

Amenities

A/C

Listing Description

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.

The lease is up 9/26/2026. 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)

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65

Interest$390

Insurance$26

Estimates only. Actual payments may vary.

Location

3798 FORD Rd

Memphis, TN 38109

INDIAN HILLS

Features & Amenities

Interior Features

Attic AccessCat/Dog Free HouseSecurity SystemSmoke Detector(s)

Exterior Features

Wrought Iron Security DrsPorchPatioStorageSidewalks

Property Details

Flooring

TileVinylCarpet

Pool Features

PorchPatio

Parking

Driveway

Heating

Central

Cooling

Window Unit(s)Ceiling Fan(s)

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3798 FORD Rd is listed at $89,900 ($94/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.18 acre lot. Interior Features: Attic Access, Cat/Dog Free House, Security System. Exterior Features: Wrought Iron Security Drs, Porch, Patio.

This property is listed by Verna Littleton and can be reached at 9014909449.