Action Realty McNairy
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$115,000

3471 Gowan

Memphis, TN 38127
3Beds
2Baths
1959Year Built

About this property

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

Property details

MLS #
10212910
Type
Residential
County
Shelby
Listed
2026-01-15
Map
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Listing courtesy of Foundation Property Management · 901-633-1484 · © 2026 Memphis Area Association of REALTORS®

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Listing data last updated Jun 10, 2026 8:30 AM.