Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold As-is.
Price History
4/22/2026
Listed $92,000
General Features
Heating
Central
Cooling
Central
Status
Active
Full Baths
1
Legal Subdivision Name
MELROSE S/D BLK PT 9
Style
Traditional
Stories Count
1
County
Shelby
Class
Residential
Type
Detached Single Family
Condo
No
Area
757A
Parcel Number
029060 00006
Status
Active
Annual City Tax
509
Annual County Tax
531
Sale/Rent
For Sale
Area
Pendleton/Park
Service Type
Full Service Listing
Neighborhood Association
None
Year Built
1915
Directions
From Elvis Presley,make a right on E Person Ave,Turn Left on Rozelle,Turn Right on S Parkway E,Stay on there,continue to Spottswood
"
The experience of working with Niki was outstanding.She demonstrated professionalism and knowledge of real estate. She went beyond normal duties when the weather was extremely cold she ensured the heat was on water was running to prevent pipes freezing. Highest recommendation. A pleasure to work with.
"
- C. Dickinson
"
I met Niki at an Open House in Collierville, TN on Mother's Day 2022. At that time I had thought of selling my home, but honestly I was overwhelmed with the thought. Niki just said "If there is any thing I can do to assist you just give me a call." The rest is history! Niki guided me through the preparation as well as the listing. She secured a strong financial contract above asking for me in less than 2 days. Her knowledge, her concern and her calming, reassuring manner made the selling of my home of 28 years a fond memory. She does the research, stays on top of the market, and has incredible interpersonal skills. If needed to sell or buy another home, I would call Niki.
"
- Linda
"
Our purchasing experience with Niki was great. We are first time home buyers in our early 20’s. We haven’t made many big purchases, and this was something to be nervous about. As soon as Niki came in the picture of our home buying process, she helped us feel at ease with every step. She is knowledgeable, quick, and relates so well with all parties involved. Niki knew about houses before they even hit the market and was willing to look at houses on short notice. She worked with our schedule needs and advised us well on how to make an offer. We really couldn’t have done it without Niki and her knowledge and abilities. I 200% recommend her for your realtor needs.
"
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