This property is leased at $1,150/month on a month-to-month term ($13,800 annually), with a cash-on-cash return of 9.80% and a monthly cash flow of $267.34. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a stable Memphis rental market. This well-maintained home offers a functional layout with comfortable living spaces, durable flooring, and good natural light throughout. Recent updates enhance efficiency and help minimize maintenance, supporting long-term performance. The kitchen features ample cabinetry and practical flow, 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. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group
Estimated Payment
$ 627.93 per month $597.30 Principal & Interest $0.00 Property Tax (data not provided by mls) $30.63 Homeowner's Insurance
1863 Willow Wood Ave | MLS# 10218347
This single family home located at 1863 Willow Wood Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $105,000. This property was built in 1970 and has 3 bedrooms and 1 full baths. Willow Wood Ave is located in the VIRGINIA HILLS subdivision. Search VIRGINIA HILLS real estate on destin.localagencyrealty.com today.