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New Construction Turn Key Rental at 3703 Parfet Cv For Sale

  • $175,000
  • 4 beds
  • 2 baths
  • 1344 sqft

New Construction Turn-Key Rental Investment Opportunity

Projected 37.6% Total ROI | DSCR Eligible | New Construction

3703 Parfet Cv presents an opportunity to acquire a newly constructed, turn-key single-family rental property in one of the nation’s strongest cash-flow rental markets. Located in Memphis, Tennessee, this 4-bedroom, 2-bath residence was purpose-built for long-term rental durability, offering investors immediate cash flow potential combined with appreciation upside, tax advantages, and low-maintenance ownership.

The property features modern construction, durable finishes, open-concept living space, luxury vinyl plank flooring, granite countertops, central HVAC, and tenant-paid utilities, reducing operational complexity and ongoing capital expenditure risk. As a newly built asset, the property is positioned to minimize near-term maintenance exposure while appealing to long-term workforce housing tenants seeking quality affordable housing.

Investment Highlights

  • New Construction Single-Family Rental
  • 4 Bed / 2 Bath Layout
  • Approx. 1344 SF
  • Purchase Price: $175,000
  • Projected Rent: $1,650/month
  • Tenant-Paid Utilities & Landscaping
  • DSCR Financing Eligible
  • Professionally Managed
  • Low Deferred Maintenance Exposure
  • Strong Memphis Workforce Housing Demand

Financial Overview

Metric Amount
Gross Annual Rent $19,800
Net Operating Income $12,840
Annual Cash Flow $2,880
Cap Rate 7.34%
DSCR 1.29
Initial Cash Investment $43,750
Estimated Annual Appreciation (4%) $7,000
Estimated Total Annual Benefit $16,470
Projected Total ROI 37.6%

The projected total return combines passive cash flow, leveraged appreciation, mortgage principal reduction, and depreciation benefits to create a comprehensive long-term wealth-building opportunity. Memphis continues to attract investors nationwide due to its strong rent-to-price ratios, landlord-friendly environment, and durable workforce housing demand supported by major employers including FedEx, healthcare systems, manufacturing, and logistics distribution.

This investment is well suited for buy-and-hold investors seeking scalable single-family rental assets with stable income characteristics and long-term equity growth potential.


Investment Disclaimer

Financial projections are estimates only and are provided for informational purposes. Actual results may vary based on financing terms, occupancy, expenses, market conditions, and property operations. Investors should independently verify all assumptions and conduct their own due diligence prior to acquisition.

Price:
$175,000
Address:
3703 Parfet Cv
Memphis, TN 38128
Square Feet:
1344
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
2025

Call 𝟵𝟬𝟭-𝟴𝟬𝟴-𝟴𝟰𝟰𝟴 for more details

Property Location