3215 Queensgate Ave, Memphis, TN 38118

5 bd · 2.5 ba · 2,294 sqft · built 1961 · Memphis · SINGLE_FAMILY·source listing ↗

$124,500

$139,500 first listed

seller intel

Price cut

−10.8%

from $139,500

Motivation score

50/100

OnePercent model (vv1)$2,465/mo

p10–p90 confidence band

HUD Fair Market Rent · 38118 · 5BR—

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$43,446

Median area rent$1,181/mo

Median home value$107,600

the verdict

1.98%vs 1.0% target

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

$124,500

1.98% · rent $2,465

Intrinsic value · income approach

$218,424

43% 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.