2293 HOMETOWN DR | MLS #10223044

Listing provided courtesy of Foundation Property ManagementMLS# 10223044

This property is leased at $1,300 per month ($15,600 annually) through 06/18/2027, with a cash-on-cash return of 5.70% and a monthly cash flow of $207.88. Turnkey investment opportunity with strong appeal and long-term durability. This fully renovated property features a new 30-year architectural roof, all-new HVAC system with a 3-ton Carrier unit, and durable LVP/tile flooring throughout—minimizing future capital expenses. Interior upgrades include refreshed kitchen with new countertops, sink, and cabinetry updates, plus renovated bathrooms with updated fixtures and electrical safety improvements. Additional enhancements such as a new water heater, smart locks, fresh paint, updated lighting, and improved windows support tenant retention and operational efficiency. A low-maintenance asset ideal for immediate cash flow or portfolio expansion. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Source: Memphis MLS, MLS#: 10223044

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Property Type

Residential
Lot

0.08 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2293 HOMETOWN DR

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
6/30/2026Source: Memphis MLS	Status Change	Pending
6/26/2026Source: Memphis MLS	Price Reduction	$149,000 -3.8%
6/17/2026Source: Memphis MLS	Added to Database	June 17, 2026