3471 Gowan Dr, Memphis, TN 38127

$115,000
  • 3471 Gowan Dr, Memphis, TN 38127 Main Photo

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Active
BEDS3 BATHS2 full MLS#10212910
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONROLLING HILLS 2ND ADD

Property Description

This property is leased at $1,100 per month ($13,200 annually) through 02/19/2027., with a cash-on-cash return of 3.72% and a monthly cash flow of $116.94. "All investment figures are estimates and verified independently by buyer." Investor-friendly single-family opportunity in a stable Memphis market location, offering strong rental appeal and long-term upside. The home features a practical layout with comfortable living spaces, well-proportioned bedrooms, and a functional kitchen suited for durable, everyday use. Interior and exterior present in well-maintained condition with recent improvements and updates enhancing overall livability and reducing near-term maintenance needs. Solid candidate for a buy-and-hold portfolio, delivering reliable income potential and future appreciation. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

3471 Gowan Dr | MLS# 10212910

This single family home located at 3471 Gowan Dr, Memphis, TN 38127 is currently listed for sale with an asking price of $115,000. This property was built in 1959 and has 3 bedrooms and 2 full baths. Gowan Dr is located in the ROLLING HILLS 2ND ADD subdivision. Search ROLLING HILLS 2ND ADD real estate on destin.localagencyrealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Garage: 2 car attached
Heating: Central
Home Style: Traditional
Lot Size: 0.55 Acres
Year Built: 1959

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 112
Exterior/ Windows: Brick Veneer, Wood/Composition
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Dining Room, Separate Living Room
Lot: Level
Parking/ Storage: Driveway/Pad, Garage Door Opener(s)
Total Rooms: 5

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group

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Estimated Payment

$ 687.73 per month $654.19 Principal & Interest $0.00 Property Tax (data not provided by mls) $33.54 Homeowner's Insurance

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