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Monthly Rent
$1,400
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Bedrooms
3 bd
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Bathrooms
2 ba
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Square Feet
1,184 sq ft
Details
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $1,400
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$558K - $994K Future Equity$244K Mortgage Interest Tax Deduction$54K - $490K Gain Net Return
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Tucked just inside the I-240 loop in Memphis, Cherokee Park provides residents with a mix of urban convenience and suburban comfort. Its combination of low real estate prices and close proximity to downtown attracts trendy young professionals with active social lives, while its large selection of single family homes on sizable lots and the abundance of green space in the area make it ideal for families.
Learn more about living in Orange MoundColleges & Universities | Distance | ||
---|---|---|---|
Colleges & Universities | Distance | ||
Drive: | 5 min | 3.0 mi | |
Drive: | 6 min | 3.0 mi | |
Drive: | 8 min | 4.1 mi | |
Drive: | 10 min | 5.3 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources