Action Realty McNairy
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$45,000

1211 Canfield

Memphis, TN 38127
3Beds
1Baths
1954Year Built

About this property

This property has a projected monthly rent of $675 ($8,100 annually), an estimated cash-on-cash return of 14.29%, and an expected monthly cash flow of $211.40. "all investment figures are estimates and verified independently by buyer" A 3BR/1BA home with a functional layout, spacious living area, and galley kitchen. Generously sized backyard offers added outdoor potential. Property includes a 1-year-old AC system, 1-year-old heating system, and a 1-year-old water heater, reducing near-term maintenance concerns. Interior features durable flooring and an updated kitchen with modern cabinetry and finishes. Situated on a generous lot with off-street parking, the overall condition reflects consistent upkeep with value-add potential. Property requires TLC and is being sold AS-IS, making it ideal for renovation, repositioning, or portfolio expansion. Easy to show. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property details

MLS #
10218074
Type
Residential
County
Shelby
Listed
2026-03-31
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.