Additional details

Eddie Aeschliman

nouseeddiewithexit@gmail.com +1(901) 860-3302

$123,000

Est. payment - /mo

4 Beds

2 Baths

5,662 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Indian Hills

MLS Listing ID 10213712

Style Traditional

Bedrooms 4

Full Baths 2

Year Built 1970

Annual Tax Amount $1,542

Lot Size 5,662 Sqft

Property Sub-Type Detached Single Family

Property Description

This property is leased at $1,195 per month ($14,340 annually) through 08/23/2026, with a cash-on-cash return of 6.23% and a monthly cash flow of $193.49. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a steady Memphis rental market. This well-maintained home features a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve efficiency and help minimize ongoing maintenance. The kitchen offers practical design with ample cabinetry, 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 consistent rental demand and long-term appreciation potential. A reliable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Location

State TN

County Shelby

Area Mitchell/Westwood

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Separate Living Room, Separate Dining Room

Interior

Heating Central

Cooling Central

Flooring Hardwood Throughout, Tile

Exterior

Exterior Feature Other (See Remarks)

Parking Features Driveway/Pad

Pool None

Private Pool Yes

Building

Lot Description Level

Story 1

Others

Miscellaneous Porch

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Listed by James C Wachob • Foundation Property Management

Nearby School & Business

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Eddie Aeschliman

+1(901) 860-3302

Broker

3677 BISON ST Memphis, TN 38109

Eddie Aeschliman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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