BEDS3
BATHS2 full
MLS#10215345
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCIRCLE RIDGE
Property Description
Turnkey investment opportunity with tenant in place paying $995/month ($11,940 annually), providing immediate cash flow. Estimated monthly cash flow of $171.42 with a projected 6.05% cash-on-cash return. Professionally managed 3BR/2BA home featuring hard-surface flooring throughout, bright and spacious living area, modern kitchen with large shaker cabinets, central heat and air, and a fully fenced backyard ideal for outdoor use. Strong rental property in a stable Memphis submarket with consistent tenant demand and long-term upside. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials and rent roll available upon request. Leased through 3/5/2027 at $995/month.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.14 Acres
Year Built: 1979
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 49
Floors/ Ceilings: Hardwood Throughout, Tile
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
$ 657.83 per month $625.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.08 Homeowner's Insurance
687 Creekstone Cir | MLS# 10215345
This single family home located at 687 Creekstone Cir, Memphis, TN 38127 is currently listed for sale with an asking price of $110,000. This property was built in 1979 and has 3 bedrooms and 2 full baths. Creekstone Cir is located in the CIRCLE RIDGE subdivision. Search CIRCLE RIDGE real estate on www.localagencyrealty.com today.