Memphis, TN 38117 1416 MARCIA RD

This property is leased at $2,100 per month through 04/30/2028, with a cash-on-cash return of 5.61% and a monthly cash flow of $357.43. Extensively renovated and built for long-term performance, this property offers strong rental appeal with major system upgrades and modern finishes. Key improvements include a new 4-ton HVAC system, updated kitchen with quartz countertops, new cabinetry and fixtures, and fully renovated bathrooms with new tile, vanities, and tubs. Flooring has been refreshed with refinished hardwoods and LVP, complemented by fresh interior and exterior paint. Additional enhancements include a newer roof, new water heater, updated lighting, and exterior improvements, creating a clean, low-maintenance, turnkey asset. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent