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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
13
Photos
2
beds
1
bath
Built in
1985
Investor Opportunity – 3725 Wax Myrtle Dr., Memphis, TN This 2-bedroom, 1.1-bath condo is a fantastic addition to any investment portfolio, offering instant cash flow with a tenant already in place. Leased through 10/31/2025 at $975/month, this property provides steady income from day one. The well-maintained interior features a spacious living and dining area, a functional kitchen with ample cabinet space, and two generously sized bedrooms. A full bathroom upstairs and a convenient half-bath downstairs cater to tenant comfort. Outside, the private patio offers a relaxing outdoor space. Located in a desirable Memphis neighborhood near shopping, dining, and major highways, this property is perfect for investors looking to expand their portfolio with minimal hassle. Don’t miss this opportunity—schedule your viewing today!
Features & Amenities
Interior
- Rooms:
- 2
- Flooring:
- Part Carpet
- A/C:
- Central
- Heating:
- Central
- Fireplace:
- Fireplaces: 1
Exterior
- General:
- Wood/Composition, Porch
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Parking spaces: 0
Construction
- General:
- 2
Location
- County:
- Hickory Hill/H.R. Mall
Lot
- Zoning:
- 093417 R00029
This listing courtesy of:
Foundation Property Management
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Memphis, TN
Housing
- Number of Units
- 296,697
- Median Home Value
- $154,311
- Median Rent
- $742
52.07% of housing units are renter occupied.
10.48% are vacant.
Commute
- Car
-
82.14%
- Public Transportation
-
1.16%
- Walk to Work
-
1.09%
- Work from Home
-
14.58%
- Other
-
0.84%
The median travel time to work is 21 minutes.
People
- Population
- 676,522
- Median Age
- 35.70
- Median Household Size
- 2.54
Education
- High School
-
30.26%
- Associate’s Degree
-
6.19%
- Bachelor’s Degree
-
15.99%
- Graduate Degree
-
11.09%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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