Professional roi 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 optimized for residential property investments in Memphis. The market data above reflects current conditions in the Memphis real estate market, helping you make informed decisions about residential property investments.
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%.