$130,000

194 E BISCAYNE RD, Memphis, TN 38109

  • 4 beds |
  • 2 baths |
  • 1,165 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 25, 2026
Data Last Updated:
July 4, 2026 at 8:57PM
Listing Office:
KAIZEN Realty, LLC : 901-221-4041
MLS ID:
10224807
  • Rooms: 6
  • Flooring: Vinyl/Luxury Vinyl Floor
  • A/C: No Cooling
  • Heating: Wall Unit
  • General: Brick VeneerPorch
  • Style: Traditional
  • Pool: None
  • Parking: Driveway/PadOn-Street Parking
  • General: 1
  • County: Whitehaven/Graves
  • Zoning: 050122 00009

This listing courtesy of KAIZEN Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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