4867 Haleville Rd

Memphis, TN 38116
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3 bd, 1.5 ba | 1,198 sqft | Built in 1958

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List Price
$129,500

Initial Investment

$35,289

Purchase Price

$129,500

Down Payment

25%

Rent

$1,230

Total Return

$76,183

Annualized Return

27.4%

Cap Rate

7.3%

Gross Yield

11.4%

Cash Flow

$1,659

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,200

HOA

None

Flood Risk

Not Required

Tenant occupied investment property. 3 bedrooms 1 and 1/2 baths. central heat and air. Hardwood floors. No showings without accepted offer subject to inspection. Do not disturb tenant. Tenant has been given notice to vacate. Current rent is $1050.00 per month. Market rent should be in the $1200's or more.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$14,022

Expenses

-$2,972

Property Taxes

-$2,350

Loan Payments

-$7,040

Net Cash Flow

$1,659

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Justin Thorne
Agent License 331639
HomePlace Real Estate
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10192176
Last Updated: 03/17/2025 18:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.