Seller offering 2% Concession for buyer to use for 2-1 rate buy-down! This property has a projected monthly rent of $1,900 ($22,800 annually), an estimated cash-on-cash return of 3.37%, and an expected monthly cash flow of $193.19. "all investment figures are estimates and verified independently by buyer" Strong rental or resale potential on 1.48 acres! This well-maintained 3-bed, 2-bath home (~1557 SF) features a functional layout with hard-surface flooring, updated kitchen with shaker cabinets, refreshed baths, and a bright living area. Includes central HVAC, 2-car garage, private patio, and large backyard. Clean, move-in-ready with solid long-term value in a convenient country setting. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Renee Smith
Agent Phone: (901) 619-7991
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 624.27 per month $551.94 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.33 Homeowner's Insurance
3826 Drummonds Rd | MLS# 10217713
This single family home located at 3826 Drummonds Rd, Drummonds, TN 38023 is currently listed for sale with an asking price of $248,000. This property was built in 1996 and has 3 bedrooms and 2 full baths. Drummonds Rd is located in the JOYNER subdivision. Search JOYNER real estate on reneesmith.crye-leike.com today.