$65,000
111d
$647/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
2938 Conti Cv, Memphis, TN 38127
Memphis, TN 38127
3 bd · 1 ba · 1,070 sqft · Built 1973
Est. rent $1,620/mo · HUD 2025 SAFMR · ZIP 38127
$65,000
111d
$647/mo
2938 Conti Cv, Memphis, TN 38127
Memphis, TN 38127
3 bd · 1 ba · 1,070 sqft · Built 1973
Est. rent $1,620/mo · HUD 2025 SAFMR · ZIP 38127
Refreshed Jun 1, 2026
Fair Market Rent
3-bedroom
2024$1,711
2025$1,620
YoY change-5.3%
2026$1,570
Source: HUD 2025 Fair Market Rent · ZIP 38127
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$647
HUD 2025 SAFMR · ZIP 38127
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,620
HUD 2025 SAFMR · ZIP 38127
Property tax-$65
From listing data
Cap rate18.1%Cash-on-cash42.6%DSCR2.95
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
$48,302
Appreciation
$10,353
Total return
322%
Annualized IRR
33.4%
Annual cashflow
Y1
$8,358
Y2
$8,980
Y3
$9,631
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