2011 Lauretta Avenue, Memphis, TN 38127
ATTENTION INVESTORS! This 3-bedroom, 2-bath rental is fully updated, tenanted, and producing a strong 6.48% cash-on-cash return—true turnkey cash flow from day one. Recent improvements include new mailbox, house numbers, and smart lock; concrete, soffit, and carport repairs; exterior pressure washing; fresh paint inside and out; and an epoxy-coated porch. The property also boasts roof ridge cap installation, serviced HVAC and furnace, new LVP flooring and carpet, replaced mini blinds, updated kitchen cabinet hardware, and refreshed bathrooms with painted vanities, new toilet seats, and exhaust fans. Lighting, windows, and closets have all been repaired or upgraded, making this home move-in ready for long-term tenants. With enhanced curb appeal, modern finishes, and full cosmetic and functional upgrades, this property is positioned as an ideal long-term rental investment in a solid market. Don’t miss this opportunity—quality, cash-flowing rentals with returns like this move quickly!
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Capitalization Rate
Rent Rate (est.)
Total Return
Annualized Return
Gross Yield
Cash Flow
Appreciation
Type the description in the code.
Sales Price:
Occupancy Status:
Special Offer:
$129,900
Tenanted
Type:
Bedrooms:
Bathrooms:
Square Feet:
Year Built:
Neighborhood Score:
Target Monthly Rent
Cash-On -Cash:
Monthly Cash Flow:
5-Year Projected Return:
Single-Family
3
2
1096
1956
B
$1,195
5.94%
$193.06
$11,584
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