Professional irr calculator optimized for multifamily properties in Memphis. Local market data shows 7.8% average cap rates and $215,000 median property values.
This calculator is optimized for multifamily property investments in Memphis. The market data above reflects current conditions in the Memphis real estate market, helping you make informed decisions about multifamily property investments.
The Memphis, TN multifamily real estate market offers unique investment opportunities. With a median home price of $215,000 and average cap rates of 7.8%,multifamily 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 multifamily investments in Memphis are approximately 12.8%.