TN • Market Analysis
Memphis Real Estate Investment Analysis
Memphis offers some of the highest gross yields in the country, but requires disciplined neighborhood selection and property management.
Advertisement
Median Home Price
$175,000
Median Rent
$1,350
per month
Avg Cap Rate
8.50%
5-Yr Appreciation
32%
Rental Yield
9.20%
Population Growth
-0.20%
Job Growth
1.00%
Vacancy Rate
9.00%
Investor pros
- Industry-leading rent-to-price ratio
- Affordable entry
- Logistics-anchored economy (FedEx hub)
Investor cons
- Population stagnation
- C-class management challenges
- Higher vacancy and turnover
Commentary
Memphis is a high-yield, high-management market. Only buy in B-grade neighborhoods or above; underestimate turnover at your peril.
Advertisement
Other markets
Miami, FLDallas, TXPhoenix, AZAtlanta, GATampa, FLAustin, TXOrlando, FLHouston, TXCharlotte, NCNashville, TNDenver, COLas Vegas, NVIndianapolis, INColumbus, OHRaleigh, NCJacksonville, FLSan Antonio, TXScottsdale, AZSalt Lake City, UTKansas City, MOBirmingham, ALSaint Louis, MOPittsburgh, PACleveland, OHCincinnati, OHMilwaukee, WIOklahoma City, OKBoise, IDSacramento, CA