194 E BISCAYNE RD, Memphis, TN 38109 (MLS # 10224807)
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Seller offering rate buy down on DSCR loans for this property and a 1 year everything warranty also 4 bed, 2 bath brick home in Memphis fully renovated, this property is generating income from day one. No rehab costs, no holding costs while you wait on repairs, just collect the rent checks from the property manager! This home is rented at $1195 on an annual Section 8 lease putting your potential gross yield in the 10-12% range at asking price. (do your own due diligence) Solid numbers for a single-family buy and hold. The brick construction means low exterior maintenance and durability that newer vinyl sided homes can't match. Updates are already done, so your capital goes toward acquiring the asset, not fixing it. Memphis continues to attract investors with its low entry prices, strong rental demand, and landlord-friendly Tennessee laws like no rent control, straightforward eviction process, and no state income tax.
| DAYS ON MARKET | 3 | LAST UPDATED | 6/25/2026 |
|---|---|---|---|
| TRACT | BARTON HEIGHTS 1ST ADDN | YEAR BUILT | 1956 |
| COMMUNITY | Whitehaven/Graves | COUNTY | Shelby |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Whitehaven/Graves |
| CONSTRUCTION | Brick Veneer |
| INTERIOR | Eat-in Kitchen |
| LOT | 0.32 acre(s) |
| LOT DESCRIPTION | Wooded |
| PARKING | On Street, Driveway |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | BARTON HEIGHTS 1ST ADDN |
| TAXES | 789 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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