BEDS4
BATHS2 full
MLS#10219466
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONWHITEHAVEN MEADOWS
Property Description
Turnkey investment opportunity with tenant in place paying $1,800/month through 12/26/2026, generating $21,600 in annual gross rental income. Estimated monthly cash flow of $225.54 with a projected 4.80% cash-on-cash return. Professionally managed and stabilized asset offering immediate income. Tenant-occupied 4-bedroom, 2-bath home featuring major capital improvements including a 2-year-old roof, condenser, furnace, and water heater, helping minimize maintenance costs. Functional layout, spacious lot, and convenient location near schools, shopping, and major roadways support strong long-term rental demand. No wholesalers, assignments, or creative financing! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Financials available upon request.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.17 Acres
Year Built: 2024
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 46
Exterior: Porch
Exterior/ Windows: Wood/Composition
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Living Room, Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 6
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
$ 1,193.07 per month $1,134.88 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.19 Homeowner's Insurance
565 Hemsley Ave | MLS# 10219466
This single family home located at 565 Hemsley Ave, Memphis, TN 38109 is currently listed for sale with an asking price of $199,500. This property was built in 2024 and has 4 bedrooms and 2 full baths. Hemsley Ave is located in the WHITEHAVEN MEADOWS subdivision. Search WHITEHAVEN MEADOWS real estate on www.localagencyrealty.com today.