Single Family Home for sale by owner in Memphis, TN 38108. Property Description This property is free and clear. The property is currently rented at $400 per month, due on the 1st of the month, and the tenant has been there for 7 months. The lease agreement is through November 1st, 2010. The tenant pays for all utilities and is responsible for all upkeep and maintenance of the property. Total Annual Cash Flow = $4,800.00 Exterior: The exterior consists of white siding. There is covered front ent... See site for full property details.