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Tara Bellomy

tara.bellomy@vylla.com +1(870) 926-5504

$ 210,000

Est. payment | -/mo

4 Beds

2 Baths

3,920 Sqft Lot

Save

$ 210,000

Est. payment | -/mo

Save

4 Beds

2 Baths

3,920 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Orange Mound

MLS Listing ID 10221332

Style Traditional

Bedrooms 4

Full Baths 2

Year Built 2025

Annual Tax Amount $79

Lot Size 3,920 Sqft

Property Sub-Type Detached Single Family

Property Description

Turnkey new construction investment opportunity with tenant in place paying $1,800/month ($21,600 annually), providing immediate cash flow from day one. Estimated monthly cash flow of $308.46 with a projected 6.27% cash-on-cash return. This professionally managed, low-maintenance property features an open floor plan, durable LVP flooring, recessed lighting, and a modern kitchen with white shaker cabinets, subway tile backsplash, and island seating. Spacious bedrooms, updated bathrooms, a dedicated laundry area, and a fully fenced backyard enhance long-term tenant appeal. Conveniently located near Downtown Memphis, major highways, shopping, and schools, this property is an ideal addition to a long-term rental portfolio with minimal maintenance needs. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Property is leased through 4/19/2027 at $1,800/month.

Location

State TN

County Shelby

Area Pendleton/Park

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Separate Living Room, Separate Dining Room

Interior

Heating Central

Cooling Central

Flooring Vinyl/Luxury Vinyl Floor

Exterior

Exterior Feature Wood/Composition

Parking Features Driveway/Pad

Pool None

Private Pool Yes

Building

Lot Description Level

Story 1

Others

Miscellaneous Porch

Listed by James C Wachob • Foundation Property Management

Nearby Locations

GET MORE INFORMATION

Tara Bellomy

Broker | Lic# MS - B24028 / AL - 0001669790

tara.bellomy@vylla.com

+1(870) 926-5504

151 County Rd 3101, Booneville, MS, 38829

803 MARECHALNEIL ST Memphis, TN 38114

Tara Bellomy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

803 MARECHALNEIL ST