1064 SANDRA ST

MEMPHIS, TN 38122
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2 bd, 1 ba | 1,599 sqft | Built in 1951

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,290

Total Return

$84,333

Annualized Return

23.5%

Cap Rate

6.1%

Gross Yield

9.1%

Cash Flow

$485

Appreciation

8.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,484

HOA

None

Flood Risk

Not Required

This beautifully maintained 2-bedroom, 1-bath home is well maintained and full of charm! Featuring refinished hardwood floors throughout, a renovated bathroom with new tile and vanity, and an inviting layout with two spacious living areas, this home is perfect for comfortable living. The kitchen opens to a bright addition, creating a seamless flow for dining or entertaining. A large laundry room adds convenience, while the covered back deck overlooks the fenced backyard, ideal for outdoor relaxation. Additional updates include a new roof with ridge vent, new HVAC condenser, and new hot water heater. With off-street parking in the one-car detached garage, this home offers both charm and practicality. Don’t miss out—schedule your showing today!

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$14,706

Expenses

-$2,634

Property Taxes

-$2,350

Loan Payments

-$9,237

Net Cash Flow

$485

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Alicia Teeter
Agent License S-51347
The Firm Real Estate LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10192442
Last Updated: 03/20/2025 18:03
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