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$88,500
60d
$235/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
2034 Driftwood Ave, Memphis, TN 38127
Memphis, TN 38127
2 bd · 1 ba · 744 sqft · Built 1953Seller financing
Est. rent $1,230/mo · HUD 2025 SAFMR · ZIP 38127
$88,500
60d
$235/mo
2034 Driftwood Ave, Memphis, TN 38127
Memphis, TN 38127
2 bd · 1 ba · 744 sqft · Built 1953Seller financing
Est. rent $1,230/mo · HUD 2025 SAFMR · ZIP 38127
Refreshed Jun 1, 2026
Fair Market Rent
2-bedroom
2024$1,298
2025$1,230
YoY change-5.2%
2026$1,190
Source: HUD 2025 Fair Market Rent · ZIP 38127
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$235
HUD 2025 SAFMR · ZIP 38127
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,230
HUD 2025 SAFMR · ZIP 38127
Property tax-$89
From listing data
Cap rate9.3%Cash-on-cash11.4%DSCR1.52
Open the calculator to change assumptions.
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$21,017
Appreciation
$14,096
Total return
142%
Annualized IRR
19.3%
Annual cashflow
Y1
$3,251
Y2
$3,706
Y3
$4,181
Location
Crime Data
FBI 2025Crime rating
5.9/ 10
Moderate reported crime
Violent / 100k
497
Property / 100k
1,657
4.0-6.9 is a mixed signal. Use caution and verify block-by-block.
Source: FBI Crime Data Explorer · Reported rates per 100,000; verify local block-level conditions