799 Cherokee

About this property

This property has a projected monthly rent of $1,075 ($12,900 annually), an estimated cash-on-cash return of 31.45%, and an expected monthly cash flow of $530.79. "all investment figures are estimates and verified independently by buyer" Solid investment opportunity in a growing Memphis rental corridor. This 3BR/1BA single-story home offers a bright, functional layout with durable hard surface flooring throughout and an updated kitchen featuring shaker-style cabinetry. The property includes central heat and air and a spacious fenced backyard ideal for added value or future enhancements. Well-maintained with strong rental potential and minimal immediate upkeep, this home is positioned for both cash flow and long-term appreciation. Property needs TLC and is being sold AS IS. Seller will not connect utilities. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE