
This property is leased at $1,175 per month ($14,100 annually) through 03/31/2028, with a cash-on-cash return of 6.51% and a monthly cash flow of $200.99. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a well-established Memphis rental area. This home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve overall efficiency and help reduce maintenance, supporting long-term performance. The kitchen features ample cabinetry and practical design, while the property shows solid condition inside and out with strong curb appeal and usable yard space. Conveniently located near schools, shopping, and major roadways, supporting consistent rental demand and long-term appreciation potential. A dependable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 307.61 per month $271.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $35.64 Homeowner's Insurance
1382 Mary Jane Ave | MLS# 10197568
This single family home located at 1382 Mary Jane Ave, Memphis, TN 38116 is currently listed for sale with an asking price of $122,200. This property was built in 1964 and has 3 bedrooms and 1 full baths. Mary Jane Ave is located in the EASON HILLS subdivision. Search EASON HILLS real estate on www.clcommercialrealestate.com today.