
This property is leased at $1,050 per month ($12,600 annually) through 02/28/2027, with a cash-on-cash return of 5.50% and a monthly cash flow of $156.83. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a stable Memphis rental market. This well-maintained home features a functional layout with comfortable living areas, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce maintenance needs. The kitchen offers practical design with ample cabinetry, while the property shows solid condition inside and out with appealing curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting consistent rental demand and long-term appreciation potential. A strong 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
$ 289.48 per month $255.94 Principal & Interest $0.00 Property Tax (data not provided by mls) $33.54 Homeowner's Insurance
404 Stoneham Rd | MLS# 10200407
This single family home located at 404 Stoneham Rd, Memphis, TN 38109 is currently listed for sale with an asking price of $115,000. This property was built in 1960 and has 2 bedrooms and 1 full baths. Stoneham Rd is located in the PARK HILLS subdivision. Search PARK HILLS real estate on www.clcommercialrealestate.com today.