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Ask about Parkway Village 38118

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Looking at Parkway Village 38118

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Parkway Village · 38118

48Watch

ZIP 38118 · Memphis, TN · Shelby County

Parkway Village

Voucher rent is roughly level with market rent (+7%). A year of voucher rent is 16% of the $128,000 typical home. Inventory is up 15%, which gives buyers room to negotiate.

Section 8 yield

16.0%

Voucher premium

+7%

Typical home value

$128,000

2.2%

Market rent, 3 bed

$1,590

6.0%

How it ranks on market score

13th of 20 ZIPs

  1. 11Buckeye-Shaker · Cleveland50
  2. 12Ensley · Birmingham50
  3. 13Parkway Village · Memphis48
  4. 14Martindale-Brightwood · Indianapolis48
  5. 15West End · Birmingham43

How it ranks on voucher premium

11th of 20 ZIPs

  1. 9Glenville · Cleveland+9%
  2. 10East English Village · Detroit+8%
  3. 11Parkway Village · Memphis+7%
  4. 12Martindale-Brightwood · Indianapolis+4%
  5. 13Ensley · Birmingham+4%
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