NO
On $25,000/yr, the typical $247,229 home in Memphis, TN needs $72,889/yr ($1,701/mo). Your gap: $-47,889 — housing would be 81.6% of your gross income.
The math
247,229 price − 10% down (24,723) = 222,506 loan
30-yr fixed at 6.47% on 222,506 = 1,402/mo principal+interest
+ 299/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,701/mo PITI ÷ 0.28 = 6,074/mo → 72,889/yr required
against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).
What salary WOULD clear Memphis, TN?
You need about $72,889/yr for the typical home. That's $47,889 more than $25,000.