Action Realty McNairy
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$109,150

3696 Parfet

Memphis, TN 38128
3Beds
1Baths
800-999Sq Ft
1973Year Built

About this property

This property is leased at $955 per month ($11,460 annually) through 02/28/2027, with a cash-on-cash return of 4.20% and a monthly cash flow of $118.13. "All investment figures are estimates and verified independently by buyer." Investor opportunity featuring a well-maintained 3-bedroom, 1-bath home with a functional single-level layout and strong long-term rental appeal. Situated on a quiet cove, this property offers a low-maintenance design, separate dining area, central heat and air, and a traditional floor plan that supports everyday living. The home appears to be in solid condition with good curb appeal and a clean, straightforward exterior. Built for durability and ease of ownership, this property presents an excellent addition to a rental portfolio or investment strategy. Conveniently located near schools, shopping, and major commuter routes. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property details

MLS #
10186324
Type
Residential
County
Shelby
Listed
2024-12-06
Map
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Listing courtesy of Foundation Property Management · 901-633-1484 · © 2026 Memphis Area Association of REALTORS®

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Listing data last updated Jun 10, 2026 8:30 AM.