Memphis, TN
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Owner FinancedNo Credit Check

3BR Owner Financed Home in Memphis, TN

$273,000
$6,119/mo
Address undisclosed, Memphis, TN 38128
3
Bedrooms
2
Bathrooms
1,460
Sq Ft
1977
Year Built
$6,119
Monthly Payment

About This Property

3 Bed / 2 Bath Section 8 Approved Major systems updated (roof, HVAC, furnace) Deal Overview: Entry Fee: $35,000 Seller Financing Payment: $831/month Taxes & Insurance: ~$186/month Total Monthly Payment: ~$1,017 Income & Performance: Section 8 Rent: $1,685/month (HUD verified) Estimated Monthly Cash Flow: ~$400+ Estimated Annual Cash Flow: ~$4,900+ Estimated Cash-on-Cash Return: ~20% Financing Terms: Seller Financing @ 5% 30-Year Amortization 7-Year Balloon Why This Deal Works: Strong Sect

Features & Highlights

Motivated Seller
Rental Property
Turn-Key
Creative Listing
Seller Financing

Financing Details

Down Payment
$28,000
Monthly Payment
$6,119
Financing Type
Owner Financed
Interest Rate
5%⭐ Below National Avg
Credit Check
None Required

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