2789 Sonora Dr, Memphis, TN 38115

2 bd · 2 ba · 955 sqft · built 1973 · Memphis · CONDOS·source listing ↗

$49,900

rent, three ways

OnePercent model (vv1)$1,109/mo

p10–p90 confidence band

HUD Fair Market Rent · 38115 · 2BR$1,360/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Shelby

Flood risk indexVery High FEMA NRI

Median household income$45,636

Median area rent$1,185/mo

Median home value$145,400

the verdict

2.22%vs 0.8% target

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

$49,900

2.22% · rent $1,109

Intrinsic value · income approach

$86,743

42% 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.