About This Home
This 3-bedroom, 1-bathroom single family at 3920 SCHOOLFIELD Rd in Memphis, TN is listed for $99,000 ($69 per sqft). Built in 1972, the home offers 1,430 sqft of living space on a 0.18 acres lot.
Key Features
- Built in 1972
- 0.18 acre lot
Property Details
Attention investors! Add immediate rental income to your portfolio with this tenant-occupied 3-bedroom, 1-bath investment property. Currently leased at $1,100 per month through the Housing Choice Voucher Program (Section 8), this home offers an opportunity to acquire an income-producing asset with an existing tenant in place.
Lease and program documentation available for review. Please make all offers contingent upon inspection. Tenant occupied-do not approach the property or disturb the tenant. No showings without an accepted offer.
Monthly Cost Estimate
$529/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3920 SCHOOLFIELD Rd
Memphis, TN 38127
SCHOOLFIELD ST ELMO
Features & Amenities
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Questions & Answers
This 3-bedroom, 1-bathroom single family at 3920 SCHOOLFIELD Rd is listed at $99,000 ($69/sqft). The estimated monthly payment is $530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 0.18 acre lot. Exterior Features: Patio, Porch.
This property is listed by Alyssa Ivey and can be reached at 9013362048.
