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$102,000
137d
$356/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
396 W Holmes Rd, Memphis, TN 38109
Memphis, TN 38109
3 bd · 1 ba · 816 sqft · Built 1960Seller financing
Est. rent $1,540/mo · HUD 2025 SAFMR · ZIP 38109
$102,000
137d
$356/mo
396 W Holmes Rd, Memphis, TN 38109
Memphis, TN 38109
3 bd · 1 ba · 816 sqft · Built 1960Seller 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
$356
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-$102
From listing data
Cap rate10.3%Cash-on-cash15.0%DSCR1.69
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
$30,149
Appreciation
$16,246
Total return
162%
Annualized IRR
21.3%
Annual cashflow
Y1
$4,826
Y2
$5,401
Y3
$6,002
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