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

1 story
1 full
1954

Amenities

A/C
Listing Description

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

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

2473 JOY Ln

Memphis, TN 38114

Delugachs Peach Cove

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Parking

Driveway

Heating

Central

Cooling

Central Air

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.

CP

Caleb Parr

Agent at The Renshaw Company, REALTORS

Listed by The Renshaw Company, REALTORS · Broker phone: 901-756-5127 · View on Broker Site · Broker website

MLS# 10228423· Source: Memphis Area Association of Realtors®· 78 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2473 JOY Ln, Memphis, TN 38114

Open this listing in: