About This Home

This 3-bedroom, 2-bathroom single family at 3814 CARAVEL Dr in Memphis, TN is listed for $165,000 ($130 per sqft). Built in 1980, the home offers 1,271 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1980
  • 0.19 acre lot
  • Fireplace

Property Details

1 story
2 full
2-car garage
1980

Amenities

FireplaceA/C
Listing 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!

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

3814 CARAVEL Dr

Memphis, TN 38115

ROSS MANOR ESTATES SEC A

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

Vinyl

Outdoor Features

Patio

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 3814 CARAVEL Dr is listed at $165,000 ($130/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.19 acre lot, Fireplace. Exterior Features: Patio.

This property is listed by Bradley Puckett.

BP

Bradley Puckett

Agent at Reedy & Company, REALTORS

Listed by Reedy & Company, REALTORS · Broker phone: (901) 683-4446 · View on Broker Site · Broker website

MLS# 10232512· Source: Memphis Area Association of Realtors®· 14 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3814 CARAVEL Dr, Memphis, TN 38115

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