Cash-flowing investment opportunity in West Memphis. This tenant-occupied property is generating $850 per month in rental income, providing immediate cash flow from day one. The home has been newly renovated in 2024 and features a new HVAC system, offering a low-maintenance opportunity for investors. Tenant in place with no vacancy or leasing delays. Strong ROI potential for buy-and-hold investors. Recent sales on the same street and in the surrounding area have appraised at $110,000 or higher, presenting a compelling opportunity for potential equity and long-term appreciation. Located in an area with consistent rental demand, this is a solid addition to any investment portfolio. Ideal for investors seeking a turnkey, income-producing asset with updates already completed. Property is being sold as-is. Please do not disturb tenant. Showings available with accepted offer or scheduled access. Contact LA for lease details and financials.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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