Description
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!
Details
| MLS # | 10232512 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 22 |
| Listing Provided By | Reedy & Company, REALTORS | Bradley Puckett |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.19 |
| Property View | Level |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38115 |
| Area | Hickory Hill | Kirby High |
| Subarea | 786C |
| Community Name | ROSS MANOR ESTATES SEC A |
| Listing VS Median (in ROSS MANOR ESTATES SEC A) | |
Price: $165,000 low | high Med: $0 On site: 22 low | high Med: | |
Market Activity 38115
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38115 |
| Area | Hickory Hill | Kirby High |
| Subarea | 786C |
| Community Name | ROSS MANOR ESTATES SEC A |
| Listing VS Median (in ROSS MANOR ESTATES SEC A) | |
Price: $165,000 low | high Med: $0 On site: 22 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $123K - $206K
sqft: 0 - 0
Listing Updated: October 30, 2026 at 6:13:03 PM PDT
The information is being provided by MLS United. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS United. All Rights Reserved.MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors, Nashville Association of Realtors, Northwest Association of Realtors and Georgia MLS.
Listing information is deemed reliable but is not guaranteed. If your property is currently listed or you are working with a Realtor, please disregard this advertising.
© 2021 KAIZEN Realty, LLC. All Rights Reserved.
Brokerage License Numbers: Tennessee 260833 | Mississippi 20014 | Georgia 79107
Office: 901-221-4041 | Toll Free: 1-888-8-KAIZEN
Listing information is deemed reliable but is not guaranteed. If your property is currently listed or you are working with a Realtor, please disregard this advertising.
© 2021 KAIZEN Realty, LLC. All Rights Reserved.
Brokerage License Numbers: Tennessee 260833 | Mississippi 20014 | Georgia 79107
Office: 901-221-4041 | Toll Free: 1-888-8-KAIZEN
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