Question About This Property
1038 Breedlove is an opportunity for a savvy investor looking for a rehab project that will result in solid cash-flow. With a likely all-in cost under $60,000 and potential rent up to $1,100 this 3 bedroom single-family could be a home-run cash-flowing property in the highly sought after market of Memphis, TN.
Located in the North Memphis market, and just about a 5 minute drive to the center of downtown, the continual growth and expansion of Memphis should push near-downtown market values even higher in the foreseeable future.
Take advantage of the current single family valuations before cap rates play a larger part of the equation and drive these nearly 2% rule properties well above their current ARVs.