4990 Newton Rd, Memphis, TN 38109

$110,000
  • 4990 Newton Rd, Memphis, TN 38109 Main Photo

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Active
BEDS3 BATHS1 full MLS#10213612
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHOLMES RD 1ST ADD

Property Description

This property is leased at $995 per month ($11,940 annually) through 05/17/2028, with a cash-on-cash return of 3.46% and a monthly cash flow of $98.01. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a consistent Memphis rental market. This well-maintained home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce ongoing maintenance. The kitchen features ample cabinetry and practical flow, 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 steady rental demand and long-term appreciation potential. A dependable addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

4990 Newton Rd | MLS# 10213612

This single family home located at 4990 Newton Rd, Memphis, TN 38109 is currently listed for sale with an asking price of $110,000. This property was built in 1958 and has 3 bedrooms and 1 full baths. Newton Rd is located in the HOLMES RD 1ST ADD subdivision. Search HOLMES RD 1ST ADD real estate on destin.localagencyrealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.24 Acres
Year Built: 1958

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 137
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Dining Room, Separate Living Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 6

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

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Estimated Payment

$ 657.83 per month $625.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.08 Homeowner's Insurance

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