Action Realty McNairy
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$139,975

4956 Demeter

Memphis, TN 38118
3Beds
2Baths
1968Year Built

About this property

This property is leased at $1,325 per month ($15,900 annually) through 10/21/2026, with a cash-on-cash return of 5.32% and a monthly cash flow of $183.85. "All investment figures are estimates and verified independently by buyer." Well-maintained brick home offering a strong combination of durability, functionality, and long-term rental appeal. Situated on a quiet cove, this 3-bedroom, 2-bath property features a desirable single-level layout, hardwood flooring, central HVAC, abundant natural light, and a spacious lot with ample outdoor space. The solid condition and practical floor plan help minimize future turnover costs, while the established neighborhood location supports consistent tenant demand. A turnkey addition to any investment portfolio with lasting income potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property details

MLS #
10223717
Type
Residential
County
Shelby
Listed
2026-06-11
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 13, 2026 1:00 PM.