803 MARECHALNEIL ST

Turnkey new construction investment opportunity with tenant in place paying $1,800/month ($21,600 annually), providing immediate cash flow from day one. Estimated monthly cash flow of $308.46 with a projected 6.27% cash-on-cash return. This professionally managed, low-maintenance property features an open floor plan, durable LVP flooring, recessed lighting, and a modern kitchen with white shaker cabinets, subway tile backsplash, and island seating. Spacious bedrooms, updated bathrooms, a dedicated laundry area, and a fully fenced backyard enhance long-term tenant appeal. Conveniently located near Downtown Memphis, major highways, shopping, and schools, this property is an ideal addition to a long-term rental portfolio with minimal maintenance needs. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Property is leased through 4/19/2027 at $1,800/month.