product

markets

method

3831 Black Forest Dr, Memphis, TN 38128 — $84,900 · 3bd · ~1.8% rule | OnePercent

3831 Black Forest Dr, Memphis, TN 38128

$84,900

Home·Memphis 38128·3831 Black Forest Dr, Memphis, TN 38128

Unconfirmed for 7 days — may no longer be available

3831 Black Forest Dr, Memphis, TN 38128

3 bd · 2 ba · 1,131 sqft · built 2002 · Memphis · SINGLE_FAMILY·source listing ↗

$84,900

rent, three ways

OnePercent model (vv1)$1,498/mo

p10–p90 confidence band

HUD Fair Market Rent · 38128 · 3BR$1,780/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Shelby

Flood risk indexRelatively High FEMA NRI

Median household income$47,645

Median area rent$1,196/mo

Median home value$138,000

the verdict

1.76%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$84,900

1.76% · rent $1,498

Intrinsic value · income approach

$136,935

38% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.