CalculateRealEstateROI

Market Research

Memphis, TN — Investment Research

Memphis offers some of the highest gross yields in the country, but requires disciplined neighborhood selection and property management.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
50
Future Outlook
45
Grade
C
Cap Rate
8.5%

Market Commentary

Memphis is a high-yield, high-management market. Only buy in B-grade neighborhoods or above; underestimate turnover at your peril.

Fundamentals

Median Price
$175,000
Median Rent
$1,350
per month
Yield
9.2%
Pop Growth
-0.2%
Job Growth
1%
Vacancy
9%

Investment Pros / Cons

  • ✓ Industry-leading rent-to-price ratio
  • ✓ Affordable entry
  • ✓ Logistics-anchored economy (FedEx hub)
  • × Population stagnation
  • × C-class management challenges
  • × Higher vacancy and turnover