3969 RIDGEDALE ST, Memphis, TN 38127

Local realty services provided by:CENTURY 21 Home First Realtors
3969 RIDGEDALE ST,Memphis, TN 38127
$83,500
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: james wachob
Office: foundation property management
MLS#:10201521
Source:TN_MAAR

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Price summary

  • Price:$83,500

About this home

This property is leased at $995 per month ($11,940 annually) through 06/08/2027, with a cash-on-cash return of 6.19% and a monthly cash flow of $168.92. "All investment figures are estimates and verified independently by buyer." Well-maintained 3BR/1BA investment property offering a strong combination of durability, functionality, and long-term rental appeal. Features include hard-surface flooring throughout, a bright living area, an updated kitchen with shaker cabinetry, central heat and air, and a covered carport. Situated on a large level lot with a spacious fenced backyard, providing added tenant appeal and usability. The home's clean condition and practical layout help minimize future maintenance while supporting consistent demand in an established Memphis neighborhood. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Home facts

  • Year built:1959
  • Listing ID #:10201521
  • Added:332 day(s) ago
  • Updated:June 16, 2026 at 04:59 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1959
  • Lot Features:Level
  • Architectural Style:Traditional
  • Levels:1 Story

Finances and disclosures

  • Price:$83,500
  • Tax amount:$1,078

Parking

  • Garage spaces:2
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina