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4661 Berta Rd
4661 Berta Rd
Memphis, TN 38109
About
Property originally listed for sale on the marketplace by Antoine Martel.
Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
Updated as of 5/15/2025:
The Operating Reserve balance ($3,359) is above half full.
Owners voted to apply 50% of cash flow until the reserve is full ($5,000).
Based on the monthly cash flow ($610), it will take ~5.4 months for the reserve to be full.
The Operating Reserve balance is part of the property value. As a result, the property will increase in value as the Operating Reserve is replenished.
Single Family Home located in Memphis, Tennessee.
Details
- Fully renovated in 2019
- Brand new roof, new security doors, new exterior doors, new interior and exterior paint, new bathroom, new kitchen, new tile flooring in the kitchen, laminate floor installed in the bedroom, and interior doors replaced.
- Located on a large corner lot with a fenced backyard
- Painted brick and stained wood shutters on the exterior
- Built in 1964
Property Management and Insurance
- Managed by Whalec Property Management
- Insurance Policy through Obie Insurance
Occupancy Status
- Vacant
- Listed for rent at $1,125/mo
Location Data
Due Diligence Documents
Property Management
Property Manager
Property manager details coming soon.
Due Diligence Documents
About this offering
The Market
Memphis, TN
Memphis is a major logistics hub, home to FedEx’s global headquarters and superhub along with major rail, river, and interstate connections. St. Jude Children’s Research Hospital and a strong healthcare sector add to the job base. Its music heritage, Mississippi River setting, and a cost of living well below the national average make it an affordable place to own, and a large renter population supports steady demand.
Property Updates
The property manager, Whalec Property Management, has shared the following update:
Offer Terms
Property Address:
4661 Berta Rd
Memphis, TN 38109
Purchase & Funding
Purchase Price: $55,000
Funding: Cash
Condition/Title: “As-is” condition with free and clear Title / Warranty Deed
Deposits & Contingencies
Deposit Amount: $1,000 (or 1%) due within 3 business days of contract acceptance
Inspection Period: 6 days
Close of Escrow: On or before 21 days from the accepted offer
Loan/Appraisal Contingency: None (buyer may fund with a non-contingent line of credit)
Title & Escrow
Title Company: Saddle Creek Title
Possession: At Close of Escrow (COE) and/or negotiable
Closing Costs: Buyer to pay all closing costs and title fees when using buyer’s Escrow and Title.
Exceptions: Prorated taxes due through the day of closing, agent commissions, and any liens on the property are to be covered by the seller.
Additional Terms
Seller will grant buyer access with 24-hour advanced notice from the buyer.
Property to be vacant at COE.
Proof of Funds (POF) attached.
Buyer Information
Buyer Name / Entity: QuickFlip Investments, LLC
Buying Entity on Contract: QuickFlip Investments, LLC
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
4661 Berta Rd
Memphis, TN 38109
About
Property originally listed for sale on the marketplace by Antoine Martel.
Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
Updated as of 5/15/2025:
The Operating Reserve balance ($3,359) is above half full.
Owners voted to apply 50% of cash flow until the reserve is full ($5,000).
Based on the monthly cash flow ($610), it will take ~5.4 months for the reserve to be full.
The Operating Reserve balance is part of the property value. As a result, the property will increase in value as the Operating Reserve is replenished.
Single Family Home located in Memphis, Tennessee.
Details
- Fully renovated in 2019
- Brand new roof, new security doors, new exterior doors, new interior and exterior paint, new bathroom, new kitchen, new tile flooring in the kitchen, laminate floor installed in the bedroom, and interior doors replaced.
- Located on a large corner lot with a fenced backyard
- Painted brick and stained wood shutters on the exterior
- Built in 1964
Property Management and Insurance
- Managed by Whalec Property Management
- Insurance Policy through Obie Insurance
Occupancy Status
- Vacant
- Listed for rent at $1,125/mo
Location Data
Due Diligence Documents
Property Management
Property Manager
Property manager details coming soon.
Due Diligence Documents
Offering Details
The Market
Memphis, TN
Memphis is a major logistics hub, home to FedEx’s global headquarters and superhub along with major rail, river, and interstate connections. St. Jude Children’s Research Hospital and a strong healthcare sector add to the job base. Its music heritage, Mississippi River setting, and a cost of living well below the national average make it an affordable place to own, and a large renter population supports steady demand.
Property Updates
The property manager, Whalec Property Management, has shared the following update:
Offer Terms
Property Address:
4661 Berta Rd
Memphis, TN 38109
Purchase & Funding
Purchase Price: $55,000
Funding: Cash
Condition/Title: “As-is” condition with free and clear Title / Warranty Deed
Deposits & Contingencies
Deposit Amount: $1,000 (or 1%) due within 3 business days of contract acceptance
Inspection Period: 6 days
Close of Escrow: On or before 21 days from the accepted offer
Loan/Appraisal Contingency: None (buyer may fund with a non-contingent line of credit)
Title & Escrow
Title Company: Saddle Creek Title
Possession: At Close of Escrow (COE) and/or negotiable
Closing Costs: Buyer to pay all closing costs and title fees when using buyer’s Escrow and Title.
Exceptions: Prorated taxes due through the day of closing, agent commissions, and any liens on the property are to be covered by the seller.
Additional Terms
Seller will grant buyer access with 24-hour advanced notice from the buyer.
Property to be vacant at COE.
Proof of Funds (POF) attached.
Buyer Information
Buyer Name / Entity: QuickFlip Investments, LLC
Buying Entity on Contract: QuickFlip Investments, LLC
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$0.00
Monthly Rent
$0.00
Monthly Expenses
$0.00
Paid to investors
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.