Memphis offers some of the highest gross yields in the country, but requires disciplined neighborhood selection and property management.
Median Price
$175,000
Cap Rate
8.50%
Yield
9.20%
Vacancy
9.00%
What investors should underwrite for
Memphis is a high-yield, high-management market. Only buy in B-grade neighborhoods or above; underestimate turnover at your peril.
Next step
Use our rental ROI calculator with Memphis-specific rents and taxes to run a complete deal-level analysis on any property you are considering.