3798 Ford Rd, Memphis, TN, 38109
About This Home
This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. This home is professionally managed. It is 3 minutes from Levi Elementary School, 10 minutes from Mississippi state line, 15 minutes from Downtown, 5 minutes from Whitehaven area, and 12 minutes from Graceland! Call today for more info! No seller financing and no wholesalers. (Tax records show 2 bedrooms, but it is 3 bedrooms)
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Slab
- Roof: Composition Shingles
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Other (See REMARKS)
Bedroom2
- Features: Shared Bath,Carpet
- Level: First
Bedroom3
- Features: Shared Bath,Carpet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- All Bedrooms Down,1 or More BR Down,Full Bath Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet,Tile,Vinyl
- Attic: Attic Access
Heating & Cooling
- Heating features: Central
- Cooling features: Window Unit(s),Ceiling Fan(s)
Interior Area
- Total interior livable area: 960 sqft
Kitchen
- Features: Eat-in Kitchen,Washer/Dryer Connections,W/D Connection in Kitchen
Living Room
- Features: Separate Living Room
Master Bathroom
- Features: Tile Floor
Master Bedroom
- Features: Carpet
- Level: First
Property
Details
- Parcel number: 075094 00021
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch,Patio
- Exterior features: Storage,Sidewalks
- Fencing: Chain Link,Wrought Iron
Lot
- Lot size: 7,840 sqft
- Features: Some Trees,Level
- Lot size dimensions: 66 x 120
Parking
- Total spaces: 1
- Parking features: Driveway/Pad,Storage,Other (See REMARKS)
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $419 | $5,028 |
| Home Insurance | $163 | $1,956 |
| Property Taxes | $67 | $804 |
| Electricity | $175 | $2,103 |
| Total | $824 | $9,888 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-30 | Listed for sale | $89,900 |
| 2019-09-20 | Sold | $37,000 |
| 2019-08-16 | Listed for sale | $38,000 |
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