About This Home
This 3-bedroom, 1-bathroom single family at 2473 JOY Ln in Memphis, TN is listed for $100,000 ($110 per sqft). Built in 1954, the home offers 908 sqft of living space on a N/A lot.
Key Features
- Built in 1954
Property Details
Amenities
Turnkey Tenant-Occupied Rental at 2473 Joy Ln - $1,085/mo Cash-flowing single-family investment property with a tenant already in place paying $1,085/month, offering immediate income for investors seeking a stabilized, hands-off asset. Recently renovated in 2025, this home combines updated condition with dependable rental performance - meaning lower near-term capital expenditure and strong tenant appeal.
The property is professionally managed, making it an ideal fit for out-of-state or hands-off investors who want steady returns without the day-to-day operational burden. With a tenant in place and management already handling the details, this is a true plug-and-play addition to any rental portfolio. Please note: No showings without an accepted offer No seller financing or creative financing - cash or conventional financing only
Monthly Cost Estimate
$535/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2473 JOY Ln
Memphis, TN 38114
Delugachs Peach Cove
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 2473 JOY Ln is listed at $100,000 ($110/sqft). The estimated monthly payment is $535 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1954. Exterior Features: Wrought Iron Security Drs.
This property is listed by Caleb Parr and can be reached at 9014840478.







