4990 Newton Rd Memphis, TN 38109

PRICED AT $110,000

Listing Details

$110,000
MLS# 10213612
Type Residential - Single Family
Status Active

3 Bedrooms
1 full Bathrooms
0.240 acres Lot Size
1958 Year Built

Description

Turnkey investment opportunity with tenant in place paying $995/month ($11,940 annually), providing immediate cash flow from day one. Current lease extends through 5/17/2028, offering long-term income stability for investors seeking a low-maintenance addition to their portfolio. 4990 Newton Road features 3 bedrooms, 1 bath, hard-surface flooring throughout, central HVAC, and updated shaker-style kitchen cabinetry. The functional layout, spacious living area, and large fenced backyard support strong tenant appeal and long-term retention potential. Estimated monthly cash flow of $98.01 with a projected 3.46% cash-on-cash return. Conveniently...read more

Features

Central
Central
Built in 1958

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Gallery

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