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$105,000
137d
$515/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
693 Bonwood Ave, Memphis, TN 38109
Memphis, TN 38109
4 bd · 1 ba · 1,495 sqft · Built 1963Seller financing
Est. rent $1,800/mo · HUD 2025 SAFMR · ZIP 38109
$105,000
137d
$515/mo
693 Bonwood Ave, Memphis, TN 38109
Memphis, TN 38109
4 bd · 1 ba · 1,495 sqft · Built 1963Seller 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
$515
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-$105
From listing data
Cap rate12.0%Cash-on-cash21.0%DSCR1.96
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
$41,268
Appreciation
$16,724
Total return
197%
Annualized IRR
24.3%
Annual cashflow
Y1
$6,830
Y2
$7,510
Y3
$8,221
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