Professional grm calculator optimized for residential properties in Memphis. Local market data shows 7.8% average cap rates and $215,000 median property values.
This calculator is currently being developed.
The Memphis, TN residential real estate market offers unique investment opportunities. With a median home price of $215,000 and average cap rates of 7.8%,residential properties in this market present a strong yield profile.
Current market conditions show properties averaging 43 days on market, with year-over-year appreciation of 4.6%. Average cash-on-cash returns for residential investments in Memphis are approximately 12.8%.