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$79,900

Solid brick home built in 2007, offered as a turnkey investment property. A long-term tenant is currently in place on a month-to-month lease, paying $995/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: Brick construction, built 2007 Long-term tenant in place, month-to-month Current rent: $995/month No showings prior to accepted offer Cash or conventional financing only — no creative financing

3 Beds ⋅ 2 Baths ⋅ 10230877 MLS

1135 Ryder Ave, Memphis

Listing courtesy of Renshaw Company, REALTORS.