Longstep Property Solutions Homes for Rent
Memphis Property Intelligence

406 Ericson Rd

Memphis, TN 38018 ยท SINGLE FAMILY

Bedrooms3
Bathrooms2
Square feet1,404
Year built1998
Lot0.14 ac
TypeSINGLE FAMILY
Long-term rent
$1,830/mo
what comparable Memphis homes rent for (1 comp)
Estimated net to owner at 8% management: $1,684/mo
County value & tax
$245,200
Shelby County appraised value
Est. annual tax $3,372
Renovation history
$117,990
last sold after renovation in 1998, 363% above its prior sale
In 38018: renovated homes typically resell 47% above purchase on about $5,000 of work (138 flips on record).

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We will pull the real comparable rentals and short-term comps for 406 Ericson Rd, run the long-term and short-term numbers, and send it over. Free, no obligation.

Sourced from Shelby County Assessor and Register of Deeds records and live local comps. Figures are estimates, not an appraisal. Or call (901) 244-2911.