Investment Overview:
3314 Frayser View Dr presents an attractive opportunity for investors looking to enter or expand their presence in the Memphis rental property market. Priced at $135,500, this residential property features 3 bedrooms, 1 bathroom, and approximately 1,072 square feet of living space.
The property is currently undergoing renovation, offering buyers an opportunity to acquire a home with the potential for future rental income once the renovation work is completed.
With a projected monthly rental figure of $1,350, the property could generate approximately $16,200 in gross annual rental income before vacancies and operating expenses.
Its practical layout, accessible price point, and rental income potential make it worth considering for investors interested in long-term property ownership and building a rental portfolio in Memphis.
Property Details
Property Address 3314 Frayser View Dr, Memphis, TN
Property Type House
Terms For Sale
Purchase Price $135,500
Bedrooms 3
Bathrooms 1
Square Footage 1,072 sqft
Property Status Under Renovation
Occupancy Status Vacant
MLS Number Leave Blank
Monthly Rent (GSI) $1,350
Annual Gross Scheduled Income (GSI) $16,200
Rental Income Overview
Monthly Rental Income $1,350
Annual Gross Rental Income $16,200
Annual rental income is calculated assuming the property generates $1,350 per month for 12 months. Actual rental income will depend on renovation completion, tenant placement, occupancy, and lease terms.
Investment Considerations
- Three-bedroom, one-bathroom residential property.
- Approximately 1,072 square feet of living space.
- Currently undergoing renovation.
- Monthly rental income potential of $1,350.
- Annual gross rental income potential of $16,200.
- Suitable for investors exploring long-term rental ownership.
Interested in This Property?
Explore the opportunity to own 3314 Frayser View Dr in Memphis. Contact our team to learn more about the property’s renovation progress, expected completion, rental potential, and purchasing process.
All rental figures are estimates and are not guaranteed. Buyers should independently verify property condition, renovation details, rental estimates, expenses, and other financial information before purchasing.