Overview
This City Owned is located at Ford Rd, Memphis, TN 38109. It has 2 Beds 1 Bath , 891 sqft of living space. This property is City Owned with an estimated market value of $52,137.
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This property is available as a city owned at Ford Rd. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 891 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Memphis, specifically for Ford Rd and comparable listings. Based on this expert analysis, the estimated market value is $52,137. If purchased for rental purposes, the monthly rental rate could range between $591 and $790, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Ford Rd are updated daily along with others in Memphis, Tennessee, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 4 schools in the area. Nearby schools include Memphis Academy of Health Sciences and White Station High School.
There are plenty of activities near this property like Memphis Public Libraries, Memphis Community Center, and more.
Public transportation options include: Memphis Area Transit Authority (MATA) bus services available throughout the city, Rail service provided by Amtrak. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Shelby Farms Park, Overton Park and more.
Services available in the area include cellular and internet options.
This property in Memphis, TN is located in the Suburban Land Co Subdivision.
The property located at Ford Rd in Memphis, TN is listed as a City Owned
This is an active City Owned listing located in Memphis, Tennessee. Properties on www.foreclosure.com are typically available for deep discounts that can often reach 50 percent or more!The estimated rental value for Ford Rd located in Memphis, TN is $690/month. Comparable homes around Ford Rd that are rentals have monthly ranges starting as low as $591 per month and as high as $790 per month. An owner looking to use this property as an investment could bring a return in the area of $591 - $790 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
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