CalculateRealEstateROI

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.

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

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.