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3987 Maynard Dr, Memphis, TN, 38109

3beds
1baths
915sqft
$89,000
$97price/sqft
$871/moest. monthly cost
$34,840/yrincome needed

About This Home

ATTENTION INVESTORS! MOTIVATED SELLER, READY TO MAKE A DEAL! Quality Tenant-occupied property that would make an excellent addition to your portfolio. Currently rented for $950/month with a lease secured until 11/30/2026. Tenant has occupied the property since December 2022 and has an excellent payment history. Professional management in place, nothing to do but pick it up and start collecting rent! Seller is also selling 4178 Clydesdale, both properties available in bulk or individually. No sign in yard. No wholesalers, assignments, creative financing or owner financing. Tenant lease, ledger and maintenance report available upon request. Please do not disturb tenant.

Getting Around

20
WalkingCar-Dependent
27
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

4/10
Levi Elementary SchoolGrades PK-50.7 mi
4/10
3/10

Construction

Condition

  • Year built: 1962

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Den

  • Area: 100

Dining Room

  • Area: 100

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 915 sqft

Kitchen

  • Features: Eat-in Kitchen

Living Room

  • Area: 100

Master Bedroom

  • Area: 100

Property

Details

  • Parcel number: 075108 00033

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 6,098 sqft
  • Features: Level
  • Lot size dimensions: 58 x 111

Parking

  • Parking features: Driveway/Pad
  • 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
    Cold WaveVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
Inland Flooding
Lightning

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $450$5,400
Home Insurance $175$2,100
Property Taxes $71$852
Electricity $175$2,103
Total$871$10,452

Income You'd Need if You Spent...

35% on housing$29,862/yr
40% on housing$26,130/yr
45% on housing$23,226/yr

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.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$97This listing

vs Other Active Listings

Avg $/sqft

ZIP 38109$44
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38109$80
Shelby County$132

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

DateEventPrice
2026-07-16Listed for sale$89,000
2022-11-21Listed for rent$935
2022-11-11Listing removed--
2022-10-24Listed for rent$935
2017-09-25Listing removed$705
2017-08-27Listed for rent$705
2017-07-25Sold$61,000
2017-05-02Sold$10,921
2017-03-18Listed for sale--
1998-04-02Sold$40,000

For Sale by Agent

AgentJeremy R Veldman
BrokerageKAIZEN Realty, LLC

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