MARKET OVERVIEW

Memphis, TN

MARKET

1.3M

Population
-0.47%  

$53.2K

Median Household Income
3.6%  

6.8%

Unemployment Rate
-0.67%  

SINGLE-FAMILY HOMES

$930

Median Gross Rent
2.53%  

8.8%

Rental Vacancy Rate
-0.16%  

Source: U.S. Census Bureau, 2019

   or to see Year-Over-Year Statistics

Memphis Properties

$160,000

3 bd, 2.1 ba | 1,799 sqft | Built in 1996
  • Current Rent$1,000
  • Cap Rate4.65%
  • Gross Yield7.5%
  • Neighborhood
  • 8408 BRIDGE CREEK DR
    MemphisTN 38016

$84,900

3 bd, 2 ba | 1,599 sqft | Built in 1987
  • Market Rent$995
  • Cap Rate8.59%
  • Gross Yield14.1%
  • Neighborhood
  • 5828 Grassy Valley Dr
    MemphisTN 38141

$84,900

3 bd, 2 ba | 1,399 sqft | Built in 1978
  • Current Rent$785
  • Cap Rate6.70%
  • Gross Yield11.1%
  • Neighborhood
  • 5403 Clinchport Cir
    MemphisTN 38127

$130,000

3 bd, 2 ba | 2,399 sqft | Built in 1959
  • Market Rent$1,300
  • Cap Rate7.26%
  • Gross Yield12.0%
  • Neighborhood
  • 4808 Bondale Ave
    MemphisTN 38118

$57,750

3 bd, 2 ba | 1,485 sqft | Built in 1966
  • Current Rent$675
  • Cap Rate7.83%
  • Gross Yield14.0%
  • Neighborhood
  • 2308 Willow Wood Ave
    MemphisTN 38127
  • Cash Only

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