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3878 Windermere Rd
3878 Windermere Rd
Memphis, TN 38128
About
Single-family home located in Memphis, Tennessee. Fully renovated 1981-built home in 2019 featuring luxury vinyl plank flooring throughout, updated kitchen cabinets, new dishwasher, repaired bathroom plumbing, new interior doors and hardware, ceiling fans, lighting, blinds, and interior and exterior paint, along with repairs to ceilings, walls, and exterior wood, situated on a 0.25-acre lot. The property is currently occupied on a 1-year lease from 07/03/2025 to 06/30/2026 at $1,150 per month with a $500 security deposit. The capital structure includes a completed dilutive raise issuing 1,038 Lending DAO 2 shares at $19 per share, bringing total tokens to 3,610, with lenders maintaining a first-lien position and unsold shares backed for funding. The operating reserve target is $2,875 with 10% of income allocated to reserve maintenance and 90% distributed proportionally to equity and Lending DAO 2 share holders.
Property Management
S&P Property Management, LLC
Founded in October 2025, S&P Property Management, LLC is a member-managed PM business run by discord users "LaPlebDeLaPleb" & "The Scout". LaPlebDeLaPleb and The Scout bring a combined 13 years of experience investing in capital markets and 6 years of active engagement within the Lofty ecosystem. Their complementary expertise spans professional lending, financial consulting, the design and delivery of online courses and workshops, hospitality operations, and logistics management.
Due Diligence Documents
About this offering
The Market
Memphis, TN
Memphis, TN offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
No additional details provided.
S&P Property Management LLC
Governance Results for 3878 Windermere Rd:
The Governance Voting results are back for the owner proposed vote.
The winning vote is:
For – Approve the updated proposal to sell 3878 Windermere Rd, authorize funding for repairs via ULD or S&P Lending, and appoint S&P Property Management LLC as the representative and signers for sale.
This voting option received 386/631 votes, which is equal to 61.1% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3632101197
S&P Property Management LLC
S&P Property Management LLC
3878 Windermere Rd, Memphis, TN 38128 Monthly Cash Flow Statement (Current as of April 2026)
Income - Monthly gross rent: $1,034.99
Expenses (Monthly)
- Property taxes: $97.68
- Homeowners insurance: $71.4 - Property management (2%): $23 - Utilities (tenant-paid): $0
- Water/sewer (tenant-paid): $0
- DAO LLC admin fee: $62.50 - Total Monthly Expenses: $254.58Monthly NOI (Net Operating Income) - $1,034.99 – $252.28 = $782.71
Cash Reserves - OR replenishment: $78.27 - 2026 Escrow YTD: $267.72 - PM Held Reserves: $2933.61
Below-Line Expenses - Lofty DAO accounting fee: $-200.00
Rent Distribution - Amount sent to Lofty: $702.37
S&P Property Management LLC Scout & Pleb
Investor Reviews
N/A/5(0 reviews)No reviews yet
Investors haven't shared their experience with this property yet.
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Annual Cash Flow
$0
Annual Rent
$0
Annual Expenses
$0
Net Cash Flow
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.
About this offering
Returns
Annual Income & Expenses
Order book
Trading has not opened yet
The order book appears once this property reaches the secondary market and investors can place buy and sell orders.
Share price
$53.18
3878 Windermere Rd
Memphis, TN 38128
About
Single-family home located in Memphis, Tennessee. Fully renovated 1981-built home in 2019 featuring luxury vinyl plank flooring throughout, updated kitchen cabinets, new dishwasher, repaired bathroom plumbing, new interior doors and hardware, ceiling fans, lighting, blinds, and interior and exterior paint, along with repairs to ceilings, walls, and exterior wood, situated on a 0.25-acre lot. The property is currently occupied on a 1-year lease from 07/03/2025 to 06/30/2026 at $1,150 per month with a $500 security deposit. The capital structure includes a completed dilutive raise issuing 1,038 Lending DAO 2 shares at $19 per share, bringing total tokens to 3,610, with lenders maintaining a first-lien position and unsold shares backed for funding. The operating reserve target is $2,875 with 10% of income allocated to reserve maintenance and 90% distributed proportionally to equity and Lending DAO 2 share holders.
Property Management
S&P Property Management, LLC
Founded in October 2025, S&P Property Management, LLC is a member-managed PM business run by discord users "LaPlebDeLaPleb" & "The Scout". LaPlebDeLaPleb and The Scout bring a combined 13 years of experience investing in capital markets and 6 years of active engagement within the Lofty ecosystem. Their complementary expertise spans professional lending, financial consulting, the design and delivery of online courses and workshops, hospitality operations, and logistics management.
Due Diligence Documents
Offering Details
The Market
Memphis, TN
Memphis, TN offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
No additional details provided.
S&P Property Management LLC
Governance Results for 3878 Windermere Rd:
The Governance Voting results are back for the owner proposed vote.
The winning vote is:
For – Approve the updated proposal to sell 3878 Windermere Rd, authorize funding for repairs via ULD or S&P Lending, and appoint S&P Property Management LLC as the representative and signers for sale.
This voting option received 386/631 votes, which is equal to 61.1% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3632101197
S&P Property Management LLC
S&P Property Management LLC
3878 Windermere Rd, Memphis, TN 38128 Monthly Cash Flow Statement (Current as of April 2026)
Income - Monthly gross rent: $1,034.99
Expenses (Monthly)
- Property taxes: $97.68
- Homeowners insurance: $71.4 - Property management (2%): $23 - Utilities (tenant-paid): $0
- Water/sewer (tenant-paid): $0
- DAO LLC admin fee: $62.50 - Total Monthly Expenses: $254.58Monthly NOI (Net Operating Income) - $1,034.99 – $252.28 = $782.71
Cash Reserves - OR replenishment: $78.27 - 2026 Escrow YTD: $267.72 - PM Held Reserves: $2933.61
Below-Line Expenses - Lofty DAO accounting fee: $-200.00
Rent Distribution - Amount sent to Lofty: $702.37
S&P Property Management LLC Scout & Pleb
Investor Reviews
N/A/5(0 reviews)No reviews yet
Investors haven't shared their experience with this property yet.
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Annual Cash Flow
$0
Annual Rent
$0
Annual Expenses
$0
Net Annual Cash Flow
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.