Turnkey investment opportunity in the heart of 38127! This tenant-occupied 3-bedroom, 1.5-bath home offers immediate cash flow with a current rental rate of $1,050/month. Featuring a functional layout and a convenient carport, this property is ideal for investors looking to expand their portfolio with a performing asset. Located in a stable rental area with consistent demand, this home provides steady income from day one with an established tenant already in place. Whether you’re a seasoned investor or just getting started, this is a great opportunity to secure a cash-flowing property at an affordable price point. Do not disturb tenant. Showings available with accepted offer.
Listing courtesy of Renshaw Company, REALTORS.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial 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.