$103,750
Est. payment /mo
3 Beds
1 Bath
9,583 Sqft Lot
Active
760 MARGIE DR Memphis, TN 38127
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Northaven Blk C
MLS Listing ID 10217995
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1972
Annual Tax Amount $1,382
Lot Size 9,583 Sqft
Property Sub-Type Detached Single Family
Property Description
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
Location
State TN
County Shelby
Area Northaven
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Other (See REMARKS)
Exterior
Exterior Feature Brick Veneer
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 SCHOOL & BUSINESS
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