14
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$139,975
Est. payment /mo
3 Beds
2 Baths
9,147 Sqft Lot
New
4956 DEMETER CV Memphis, TN 38118
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Tamble Terrace
MLS Listing ID 10223717
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1968
Annual Tax Amount $1,744
Lot Size 9,147 Sqft
Property Sub-Type Detached Single Family
Property Description
This property is leased at $1,325 per month ($15,900 annually) through 10/21/2026, with a cash-on-cash return of 5.32% and a monthly cash flow of $183.85. "All investment figures are estimates and verified independently by buyer." Well-maintained brick home offering a strong combination of durability, functionality, and long-term rental appeal. Situated on a quiet cove, this 3-bedroom, 2-bath property features a desirable single-level layout, hardwood flooring, central HVAC, abundant natural light, and a spacious lot with ample outdoor space. The solid condition and practical floor plan help minimize future turnover costs, while the established neighborhood location supports consistent tenant demand. A turnkey addition to any investment portfolio with lasting income potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Location
State TN
County Shelby
Area Parkway Village
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room, Separate Dining Room
Interior
Heating Central
Cooling Central
Flooring Tile, Vinyl/Luxury Vinyl Floor
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 2.0
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Porch,Patio
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS
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