BEDS3
BATHS2 full
MLS#10223717
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONTAMBLE TERRACE
NEIGHBORHOODParkway Village
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
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.21 Acres
Year Built: 1968
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 17
Exterior: Porch, Patio
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Tile, Vinyl/Luxury Vinyl Floor
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
Agent Name: Logan Scheidt
Agent Phone: (901) 569-5919
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 352.35 per month $311.52 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.83 Homeowner's InsuranceChange Payment Information
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4956 Demeter Cv | MLS# 10223717
This single family home located at 4956 Demeter Cv, Memphis, TN 38118 is currently listed for sale with an asking price of $139,975. This property was built in 1968 and has 3 bedrooms and 2 full baths. Demeter Cv is located in the TAMBLE TERRACE subdivision. Search TAMBLE TERRACE real estate on loganscheidt.crye-leike.com today.