A+94
Memphis, TN 38127
2588 Wellons Ave
$84,900
$84,900
A+94
79d
$636/mo
Estimated monthly Section 8 cashflow
Refreshed Jul 6, 2026
2588 Wellons Ave
Memphis, TN 38127
3 bd · 2 ba · 1,150 sqft
Est. rent $1,620/mo · HUD 2025 SAFMR · ZIP 38127
$84,900
A+94
79d
$636/mo
2588 Wellons Ave
Memphis, TN 38127
3 bd · 2 ba · 1,150 sqft
Est. rent $1,620/mo · HUD 2025 SAFMR · ZIP 38127
Refreshed Jul 6, 2026
Deal verdict
79d on marketA+94
Cashflow/mo
$636/moCash-flowing
List price
$84,900
79d on market
Cap rate
15.1%
Cash-on-cash
32.1%
DSCR
2.47x
Cashflow breakdown
Cash-flowing
Section 8 rent$1,620
Property tax-$47
From listing data
Net monthly cashflow$636
Annual cashflow
$7,631
30-yr trend
Assumes 25% down · 7.20% APR · 30-yr fixed. Open the calculator to change assumptions.
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
30-year projection
FRED-driven
Total cashflow
$585,051
Appreciation
$121,175
Total return
2971%
Annualized IRR
12.1%
Cumulative cashflow
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $20k | $13k | $8.1k | $87k |
Location
Flood & safety context
Local crime data unavailable — awaiting a geography-correct published release.
Flood data is shown when available.