REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 123,000
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
$ 123,000
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Indian Hills
MLS Listing ID 10213712
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1970
Annual Tax Amount $1,542
Lot Size 5,662 Sqft
Property Sub-Type Detached Single Family
Property Description
This property is leased at $1,195 per month ($14,340 annually) through 08/23/2026, with a cash-on-cash return of 6.23% and a monthly cash flow of $193.49. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a steady Memphis rental market. This well-maintained home features a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve efficiency and help minimize ongoing maintenance. The kitchen offers practical design with ample cabinetry, while the property shows solid condition inside and out with strong curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting consistent rental demand and long-term appreciation potential. A reliable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Location
State TN
County Shelby
Area Mitchell/Westwood
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room, Separate Dining Room
Interior
Heating Central
Cooling Central
Flooring Hardwood Throughout, Tile
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Porch
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS