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$105,000
132d
$336/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
386 Elder Rd, Memphis, TN 38109
Memphis, TN 38109
3 bd · 2 ba · 1,208 sqft · Built 1954Seller financing
Est. rent $1,540/mo · HUD 2025 SAFMR · ZIP 38109
$105,000
132d
$336/mo
386 Elder Rd, Memphis, TN 38109
Memphis, TN 38109
3 bd · 2 ba · 1,208 sqft · Built 1954Seller financing
Est. rent $1,540/mo · HUD 2025 SAFMR · ZIP 38109
Refreshed Jun 1, 2026
Fair Market Rent
3-bedroom
2024$1,711
2025$1,540
YoY change-10.0%
2026$1,430
Source: HUD 2025 Fair Market Rent · ZIP 38109
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$336
HUD 2025 SAFMR · ZIP 38109
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,540
HUD 2025 SAFMR · ZIP 38109
Property tax-$105
From listing data
Cap rate9.9%Cash-on-cash13.7%DSCR1.63
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
$28,877
Appreciation
$16,724
Total return
155%
Annualized IRR
20.6%
Annual cashflow
Y1
$4,575
Y2
$5,148
Y3
$5,748
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