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Capitalization Rate

Rent Rate (est.)

Total Return 

Annualized Return 

Gross Yield 

Cash Flow 

Appreciation 

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1041 Richland Drive, Memphis, TN 38116

This home features a classic layout, solid construction, and a spacious backyard with a carport space.
-Recent and Upcoming Renovations:
-Fresh exterior paint, new light fixtures, and a new fence
-New vinyl plank flooring throughout
-New 40-gallon water heater
-Kitchen updates: new cabinets, Formica countertops, vent hood, sink, and faucet
-Bathroom updates: new vanity, marble sink, faucet, tub, tile, toilet, and lighting
And more to come!
A strong option for investors seeking a move-in-ready property with essential upgrades.

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Sales Price:

$164,900

Occupancy Status:

Special Offer:

Available

Type:

Bedrooms:

Bathrooms:

Square Feet:

Year Built:

Neighborhood Score:

Target Monthly Rent

Cash-On -Cash:

Monthly Cash Flow:

5-Year Projected Return:

Single-Family

3

2

1350

B

$1,550

6.93%

$275.69

$16,541

1041 Richland Drive, Memphis, TN 38116
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