165 Elm St

La Vergne, TN 37086
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3 bd, 2 ba | 1,325 sqft | Built in 1972

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List Price
$270,000

Initial Investment

$73,575

Purchase Price

$270,000

Down Payment

25%

Rent

$1,860

Total Return

$216,719

Annualized Return

31.9%

Cap Rate

5.9%

Gross Yield

8.3%

Cash Flow

$301

Appreciation

12.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

High Risk - Zone AE

This all brick home on a corner lot is structurally sound and ready for cosmetic updates! Great opportunity for the savvy, investor, or budget conscious buyer looking to build some sweat equity and customize the home to their liking! Enjoy the large fully-fenced backyard, formal living room, spacious kitchen/ combined dining area open bonus room. Planked attic storage. Expanded driveway offers plenty of parking space. Shed conveys. The home does have cigarette smell and would need an interior deep clean, fresh paint, etc to remove. Great deal for the area and the price reflects work needed.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$21,204

Expenses

-$3,774

Property Taxes

-$2,450

Loan Payments

-$14,679

Net Cash Flow

$301

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:Mark Lewis
Agent License 424913, 367188
Mark Spain Real Estate
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2803639
Last Updated: 03/13/2025 19:03
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