404 Stoneham Road

Memphis TN 38109

1134 sq. ft.

0.3 ac.

Single-Family

Currently for sale - view listing

Overview

This property is leased at $1,050 per month ($12,600 annually) through 02/28/2027, with a cash-on-cash return of 4.54% and a monthly cash flow of $129.35. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a stable Memphis rental market. This well-maintained home features a functional layout with comfortable living areas, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce maintenance needs. The kitchen offers practical design with ample cabinetry, while the property shows solid condition inside and out with appealing curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting consistent rental demand and long-term appreciation potential. A strong addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Features

2 bedrooms

1 bathroom

1134 sq. ft. floor area

0.3 ac. lot size

Single-Family

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.