Action Realty McNairy
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$118,000

556 Melton

Memphis, TN 38109
4Beds
1.1Baths
1968Year Built

About this property

This property is leased at $1,275 per month ($15,300 annually) through 07/31/2026, with a cash-on-cash return of 8.59% and a monthly cash flow of $257.82. "All investment figures are estimates and verified independently by buyer." Investor-friendly single-family opportunity in Memphis offering strong rental potential and long-term appreciation. The home features a functional layout with spacious living areas, well-sized bedrooms, and an efficient kitchen designed for everyday durability. Recent updates throughout enhance livability, reduce maintenance needs, and improve overall appeal. Interior and exterior present in well-maintained condition with solid structure and practical finishes. Ideal buy-and-hold addition for investors seeking steady cash flow and portfolio growth. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property details

MLS #
10213688
Type
Residential
County
Shelby
Listed
2026-01-28
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.