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38111, TN

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38111, TN

$410,000 · MEMPHIS, TN 38117
Works for flippers · Works for landlords

Available

$410,000Asking price

6 bd · 3 ba · 3,978 sq ft · built 1964

MEMPHIS, TN 38117

No contract on file

via InvestorLift Classic

3 views · listed Nov 5

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $600,000
Asking price: −$410,000
RepairsThe seller’s figure. Ours: $0 – $38,000: −$80,000
Loan, holding, closing20% down, 12% interest, 2 points, 92 days: −$46,781
Profit10.5% of ARV · flippers want 10%+: $63,219
Works

Works for a flipper up to $413,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Antonio Della Sala

No reviews yet

Comps

Sales

Rents

ARV $600,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $540,000.

The sales behind this value are shown to members.

ARV $600,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Antonio Della Sala

No reviews yet

Seller Description

𝗠𝗲𝗺𝗽𝗵𝗶𝘀 𝗙𝗹𝗶𝗽 - $410K 𝗔𝘀𝗸 | $600K 𝗔𝗥𝗩 | 6/3, 3,978 Sq Ft

302 Perkins Extd, Memphis, TN 38117

𝗔𝘀𝗸𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲: $410,000

𝗔𝗥𝗩: $600,000

𝗕𝗲𝗱𝘀/𝗕𝗮𝘁𝗵𝘀: 6/3

𝗦𝗾 𝗙𝘁: 3,978

𝗟𝗼𝘁 𝗦𝗶𝘇𝗲: 0.48 Acres

𝗬𝗲𝗮𝗿 𝗕𝘂𝗶𝗹𝘁: 1964

𝗟𝗶𝘀𝘁𝗶𝗻𝗴 𝗦𝘁𝗮𝘁𝘂𝘀: Off Market

𝗢𝗰𝗰𝘂𝗽𝗮𝗻𝗰𝘆: Vacant – Lockbox

𝗖𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻: No major issues reported

Comps Suggested Price: $600,000

- 353 Colonial Rd, Memphis TN 38117 | 3,878 sf | Built 1956 | DOM 178 | 0.3mi | 08/31/2026 | $400,000

- 881 S Perkins Rd, Memphis TN 38117 | 3,400 sf | Built 1951 | DOM 143 | 1.0mi | 11/14/2025 | $440,000

- 4292 Hathaway Ln, Memphis TN 38117 | 3,158 sf | Built 1970 | DOM — | 1.0mi | 06/03/2026 | $775,000

Call or Text Brianna Campos at (469) 991-9395

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