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$180,000
136d
$78/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
2860 Castleman St, Memphis, TN 38118
Memphis, TN 38118
4 bd · 2 ba · 1,986 sqft · Built 1964Seller financing
Est. rent $1,920/mo · HUD 2025 SAFMR · ZIP 38118
$180,000
136d
$78/mo
2860 Castleman St, Memphis, TN 38118
Memphis, TN 38118
4 bd · 2 ba · 1,986 sqft · Built 1964Seller financing
Est. rent $1,920/mo · HUD 2025 SAFMR · ZIP 38118
Refreshed Jun 1, 2026
Fair Market Rent
4-bedroom
2024$1,995
2025$1,920
YoY change-3.8%
2026$1,890
Source: HUD 2025 Fair Market Rent · ZIP 38118
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$78
HUD 2025 SAFMR · ZIP 38118
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,920
HUD 2025 SAFMR · ZIP 38118
Property tax-$180
From listing data
Cap rate6.6%Cash-on-cash1.9%DSCR1.09
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
$15,189
Appreciation
$28,669
Total return
87%
Annualized IRR
13.3%
Annual cashflow
Y1
$1,598
Y2
$2,285
Y3
$3,004
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