4956 DEMETER CV, Memphis, TN 38118 (MLS # 10223717)
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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
| DAYS ON MARKET | 13 | LAST UPDATED | 6/11/2026 |
|---|---|---|---|
| TRACT | TAMBLE TERRACE | YEAR BUILT | 1968 |
| COMMUNITY | Parkway Village | GARAGE SPACES | 2.0 |
| COUNTY | Shelby | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Parkway Village |
| CONSTRUCTION | Brick Veneer |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 9148 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | TAMBLE TERRACE |
| TAXES | 1744 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Foundation Property Management
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