BEDS3
BATHS1 full
MLS#10212700
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONRIDGEGROVE BLK A
Property Description
Turnkey investment opportunity with tenant in place paying $895/month ($10,740 annually), providing immediate cash flow. Estimated monthly cash flow of $112.08 with a projected 4.41% cash-on-cash return. Professionally managed 3BR/1BA home featuring durable hardwood and tile flooring, abundant natural light, central heat and air, fresh interior and exterior paint, and a functional, low-maintenance layout with strong rental appeal. Solid in-place tenancy supports stable income and long-term portfolio performance in Memphis's consistent rental market. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Leased through 5/17/2027 at $895/month.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.12 Acres
Year Built: 1959
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 28
Exterior: Deck, Other (See REMARKS)
Exterior/ Windows: Vinyl Siding
Floors/ Ceilings: Vinyl/Luxury Vinyl Floor
Living/ Dining Room: LR/DR Combination
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 5
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimate Your Payment
Estimated Payment
$ 556.17 per month $529.04 Principal & Interest $0.00 Property Tax (data not provided by mls) $27.13 Homeowner's Insurance
2536 Sunny Hill Dr | MLS# 10212700
This single family home located at 2536 Sunny Hill Dr, Memphis, TN 38127 is currently listed for sale with an asking price of $93,000. This property was built in 1959 and has 3 bedrooms and 1 full baths. Sunny Hill Dr is located in the RIDGEGROVE BLK A subdivision. Search RIDGEGROVE BLK A real estate on www.localagencyrealty.com today.