This property is leased at $950 per month ($11,400 annually) through 03/03/2027, with a cash-on-cash return of 6.01% and a monthly cash flow of $162.43. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a stable Memphis rental market. This well-maintained home features a functional layout with bright living areas, durable flooring, and updated finishes that support low maintenance ownership. Recent improvements enhance efficiency and long-term value. The kitchen offers ample cabinetry and practical flow, while the property presents solid condition both inside and out with good curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting consistent rental demand and strong appreciation potential. A reliable 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
Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group
Estimated Payment
$ 620.45 per month $590.19 Principal & Interest $0.00 Property Tax (data not provided by mls) $30.26 Homeowner's Insurance
760 Margie Dr | MLS# 10217995
This single family home located at 760 Margie Dr, Memphis, TN 38127 is currently listed for sale with an asking price of $103,750. This property was built in 1972 and has 3 bedrooms and 1 full baths. Margie Dr is located in the NORTHAVEN BLK C subdivision. Search NORTHAVEN BLK C real estate on destin.localagencyrealty.com today.