Investment Overview:
5052 Blacksmith Dr presents an attractive opportunity for investors looking to add a residential rental property to their real estate portfolio. Priced at $149,500, this home offers an opportunity to invest in the Memphis rental market at an accessible price point.
With a monthly rental figure of $1,550, the property has the potential to generate approximately $18,600 in gross annual rental income before vacancies and operating expenses. Its residential appeal and rental income potential make it worth considering for investors interested in long-term property ownership and rental income.
Whether you are an experienced investor or looking to purchase your first rental property, 5052 Blacksmith Dr offers an opportunity to explore real estate ownership in Memphis.
Property Details
Property Address 5052 Blacksmith Dr, Memphis, TN
Property Type House
Terms For Sale
Purchase Price $149,500
MLS Number N/A
Monthly Rent (GSI) $1,550
Annual Gross Scheduled Income (GSI) $18,600
Rental Income Overview
Monthly Rental Income $1,550
Annual Gross Rental Income $18,600
Annual rental income is calculated assuming the property generates $1,550 per month for 12 months. Actual income depends on occupancy, lease terms, and rental performance.
Investment Considerations
- Residential rental property in Memphis, Tennessee.
- Monthly rental income potential of $1,550.
- Annual gross rental income potential of $18,600.
- Suitable for investors exploring long-term rental ownership.
- Property expenses, taxes, insurance, and financing should be reviewed before purchasing.
Interested in This Property?
Explore the opportunity to own 5052 Blacksmith Dr and learn more about its rental details and purchase process. Contact our team for additional property information and to discuss your investment goals.
All rental figures are subject to verification. Rental income and investment returns are not guaranteed. Buyers should independently verify property condition, lease status, expenses, and other financial details before purchasing.