4355 MELWOOD, Memphis, TN 38109
- Beds
- 3
- Sqft
- 882
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
This property is leased at $995 per month ($11,940 annually) through 03/02/2028, with a cash-on-cash return of 12.87% and a monthly cash flow of $290.91. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity featuring a well-maintained brick home designed for dependable, long-term performance. The property offers hard-surface flooring throughout, a bright living area, an updated kitchen with shaker-style cabinetry, central heat and air, and a spacious fenced backyard that enhances resident appeal. Recent improvements and durable finishes help minimize future turn costs, while the functional floor plan supports strong rental demand. With solid curb appeal and a clean, well-kept condition, this is an excellent addition to any portfolio seeking stability, efficiency, and consistent cash-flow potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 3
- Square feet
- 882
- Lot size (acres)
- 0.15
- Year built
- 1952
Utilities
- Heating
- Central
- Cooling
- Central Air
Taxes
- Tax Annual Amount
- $962
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Memphis Area Association of Realtors MLS®#: 10216933 Last checked: …

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