3798 FORD RD, Memphis, TN 38109

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Sold Price
$72,000
List Price
$82,900
Status
CLOSED
MLS#
3602861
Days on Market
0
Closing Date
Sep 29, 2026
Bedrooms
3
Bathrooms
1
Full Bathrooms
1
Living Area
960
Lot Size
7,840
Acres
0.18
County
Shelby County

Property Description

This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. The lease is up 9/26/2026. This home is professionally managed. It is 3 minutes from Levi Elementary School, 10 minutes from Mississippi state line, 15 minutes from Downtown, 5 minutes from Whitehaven area, and 12 minutes from Graceland! Call today for more info! No seller financing and no wholesalers. (Tax records show 2 bedrooms, but it is 3 bedrooms)

Additional Information

Community Amenities
Sidewalks
Cooling System
Wall/Window Unit(s), Ceiling Fan(s)
Fence Type
Chain Link
Floor Types
Carpet, Tile, Luxury Vinyl, Other
Heating System
Central
Laundry
Washer Hookup
Living Area
960
Lot Dimensions
66X120
Lot Number
89
Number Of Stories
1
Patio Deck
Patio, Porch
Roofing Material
Shingle
Sewer System
Other
Style
Traditional
Subdivision
Indian Hills
Subtype
Single Family Residence
Tax Amount
$988
Water Source
Other
Year Built
1970
Style
Traditional
Type
Single Family Residential

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Fast Track Realty. Selling Office: Groome & Co..

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.