3092 Rainier Dr

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🔥 Memphis Cash-Flow Opportunity – 3092 Rainier Dr, Memphis, TN 38127

🛏️ Beds/Baths: 4 Beds | 2 Baths
📐 SqFt: 1,743
📅 Year Built: 1960
🏠 Tenant: 2-year tenant paying $1,070/month (staying)

This 4-bedroom rental in a high-demand Memphis pocket is a strong candidate for either a Fix & Flip or Buy & Hold strategy. With nearly 1,800 sq ft of living space, stable rental income, and plenty of value-add potential, this property is priced to move quickly.

Whether you improve it and push rents or update it for a clean retail flip, this house offers multiple profitable exit strategies in one of Memphis’ strongest rental zones.

💰 Investor Terms:

• Cash or hard money only

• Sight-unseen offers prioritized

• Must close with seller’s title company

• Buyer pays all closing costs

• Deal not final until EMD received

• Zero-day inspection period (inspections before contract)

🚀 Why This Deal Works:

• Strong-paying tenant in place

• Large 4BR layout = higher rent potential

• Value-add cosmetic upside

• Hot rental area in North Memphis

• Perfect for BRRRR, rental portfolio expansion, or flip

🔥 Priced to sell — move fast before this one’s gone!

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Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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