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$34,000
233d
$1,208/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
3218 Thirteen Colony Mall APT 4B, Memphis, TN 38115
Memphis, TN 38115
4 bd · 3 ba · 1,435 sqft · Built 1969
Est. rent $2,160/mo · HUD 2025 SAFMR · ZIP 38115
$34,000
233d
$1,208/mo
3218 Thirteen Colony Mall APT 4B, Memphis, TN 38115
Memphis, TN 38115
4 bd · 3 ba · 1,435 sqft · Built 1969
Est. rent $2,160/mo · HUD 2025 SAFMR · ZIP 38115
Refreshed Jun 1, 2026
Fair Market Rent
4-bedroom
2024$1,995
2025$2,160
YoY change+8.3%
2026$2,090
Source: HUD 2025 Fair Market Rent · ZIP 38115
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$1,208
HUD 2025 SAFMR · ZIP 38115
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$2,160
HUD 2025 SAFMR · ZIP 38115
Property tax-$34
From listing data
Cap rate48.8%Cash-on-cash152.3%DSCR7.98
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
$85,512
Appreciation
$5,415
Total return
955%
Annualized IRR
60.2%
Annual cashflow
Y1
$15,317
Y2
$16,170
Y3
$17,062
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