BEDS2
BATHS1 full
MLS#10200407
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPARK HILLS
Property Description
Turnkey investment opportunity with tenant in place paying $1,050/month through 2/28/2027, generating $12,600 in annual gross rental income. Estimated monthly cash flow of $156.83 with a projected 5.50% cash-on-cash return. Professionally managed asset offering immediate income and long-term rental potential. Tenant-occupied 3-bedroom, 1-bath home featuring LVP flooring in the kitchen, tile flooring in the bathroom, updated lighting fixtures and hardware, refreshed kitchen cabinetry, and a new vent hood. Spacious living area along with large front and back yards add to the property's rental appeal. No wholesalers, assignments, or creative financing! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Financials available upon request.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.30 Acres
Year Built: 1960
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 334
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 5
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group
Estimate Your Payment
Estimated Payment
$ 687.73 per month $654.19 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 destin.localagencyrealty.com today.