Cash flowing income from day one! 3814 Caravel Dr is an excellent addition for out-of-state investors looking to grow their portfolio. The home is currently occupied by a long-term resident, providing steady, reliable cash flow without the cost or downtime of a lease-up. It meets the 1% rule, making the numbers work right out of the gate, and the brand new roof means one of the biggest capital expenses is already taken care of. Professional property management is already in place to handle rent collection, maintenance, and ongoing tenant relations, so you can own with confidence no matter where you live. A low-hassle, cash-flowing rental that's ready to perform. Don't miss this one!
Listed By
Agency Name: Reedy & Company, REALTORS
Agency Phone: 901-842-0805
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 415.34 per month $367.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $48.13 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3814 Caravel Dr | MLS# 10232512
This single family home located at 3814 Caravel Dr, Memphis, TN 38115 is currently listed for sale with an asking price of $165,000. This property was built in 1980 and has 3 bedrooms and 2 full baths. Caravel Dr is located in the ROSS MANOR ESTATES SEC A subdivision. Search ROSS MANOR ESTATES SEC A real estate on www.kathryngarland.com today.