4990 Newton

About this property

This property is leased at $995 per month ($11,940 annually) through 05/17/2028, with a cash-on-cash return of 3.46% and a monthly cash flow of $98.01. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a consistent Memphis rental market. This well-maintained home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce ongoing maintenance. The kitchen features ample cabinetry and practical flow, while the property shows solid condition inside and out with strong curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting steady rental demand and long-term appreciation potential. A dependable addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE