1 / 3
$120,000
144d
$411/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
599 Blackhawk Rd, Memphis, TN 38109
Memphis, TN 38109
4 bd · 2 ba · 1,234 sqft · Built 1971Seller financing
Est. rent $1,800/mo · HUD 2025 SAFMR · ZIP 38109
$120,000
144d
$411/mo
599 Blackhawk Rd, Memphis, TN 38109
Memphis, TN 38109
4 bd · 2 ba · 1,234 sqft · Built 1971Seller financing
Est. rent $1,800/mo · HUD 2025 SAFMR · ZIP 38109
Refreshed Jun 1, 2026
Fair Market Rent
4-bedroom
2024$1,995
2025$1,800
YoY change-9.8%
2026$1,660
Source: HUD 2025 Fair Market Rent · ZIP 38109
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$411
HUD 2025 SAFMR · ZIP 38109
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,800
HUD 2025 SAFMR · ZIP 38109
Property tax-$120
From listing data
Cap rate10.2%Cash-on-cash14.7%DSCR1.67
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
$34,909
Appreciation
$19,113
Total return
161%
Annualized IRR
21.1%
Annual cashflow
Y1
$5,575
Y2
$6,247
Y3
$6,949
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