Memphis Investment Analysis

Investment Property in Memphis, TN

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Memphis, TN Real Estate Investment Performance

PROPERTY SALE PRICE

$209,774

Median

1,860

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

4,643

Investment

1,172

Airbnb

237

Traditional

21%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

1,398

Number of homes sold

46

Median days on market

96%

Average sale-to-list price ratio

37%

Percentage of listings with price drops

4,643

Active listings count

2,604

New listings count

5.9

Months of supply

Memphis, TN Properties Rental Prices

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Investment Properties for Sale in Memphis, TN

Investment Properties for Sale
$85,000
MLS 10214177
Shelby Forest-Frayser
Other
3 beds 1 baths 928 sq.ft.
CAP RATE Trad. 10.42% Airbnb 10.26%
Investment Properties for Sale
$99,500
MLS 10219031
Downtown
Other
3 beds 1 baths 1,174 sq.ft.
CAP RATE Trad. 9.18% Airbnb 10.03%
Investment Properties for Sale
$99,900
MLS 10222400
Downtown
Other
3 beds 1 baths 1,696 sq.ft.
CAP RATE Trad. 10.95% Airbnb 9.80%
Investment Properties for Sale
$69,500
MLS 10200367
Downtown
Other
2 beds 1 baths N/A sq.ft.
CAP RATE Trad. 10.25% Airbnb 9.92%
Investment Properties for Sale
$189,500
MLS 10223595
East Memphis
Other
4 beds 2 baths 2,156 sq.ft.
CAP RATE Trad. 10.85% Airbnb 9.42%
Investment Properties for Sale
$204,500
MLS 10212132
Raleigh
Other
5 beds 3 baths 1,754 sq.ft.
CAP RATE Trad. 6.99% Airbnb 9.17%
Investment Properties for Sale
$80,000
MLS 10213873
East Memphis
Other
3 beds 1 baths 962 sq.ft.
CAP RATE Trad. 11.17% Airbnb 9.48%
Investment Properties for Sale
$95,000
MLS 10200245
Shelby Forest-Frayser
Other
3 beds 1 baths 875 sq.ft.
CAP RATE Trad. 11.97% Airbnb 9.18%

Single Family Houses for Sale in Memphis, TN

Investment Properties for Sale
$109,000
MLS 10208537
Shelby Forest-Frayser
Single Family Residential
3 beds 2 baths 1,216 sq.ft.
CAP RATE Trad. 11.51% Airbnb 7.67%
Investment Properties for Sale
$113,300
MLS 10221518
Shelby Forest-Frayser
Single Family Residential
3 beds 1 baths 955 sq.ft.
CAP RATE Trad. 10.16% Airbnb 7.36%
Investment Properties for Sale
$119,000
MLS 10211481
Shelby Forest-Frayser
Single Family Residential
3 beds 1 baths 993 sq.ft.
CAP RATE Trad. 6.92% Airbnb 6.96%
Investment Properties for Sale
$345,000
MLS 10209403
East Memphis
Single Family Residential
5 beds 3 baths 2,642 sq.ft.
CAP RATE Trad. 4.27% Airbnb 6.53%
Investment Properties for Sale
$270,000
MLS 10224787
Raleigh
Single Family Residential
5 beds 3 baths 2,829 sq.ft.
CAP RATE Trad. 9.00% Airbnb 6.39%
Investment Properties for Sale
$125,000
MLS 10218038
Shelby Forest-Frayser
Single Family Residential
3 beds 1 baths 1,082 sq.ft.
CAP RATE Trad. 7.55% Airbnb 6.50%
Investment Properties for Sale
$349,900
MLS 10214296
East Memphis
Single Family Residential
5 beds 3 baths 2,905 sq.ft.
CAP RATE Trad. 5.88% Airbnb 6.19%
Investment Properties for Sale
$109,900
MLS 10219224
White Haven-Coro Lake
Single Family Residential
3 beds 1 baths 1,100 sq.ft.
CAP RATE Trad. 11.85% Airbnb 5.67%

Condos for Sale in Memphis, TN

Investment Properties for Sale
$122,000
MLS 10220835
Berclair-Highland Heights
Condo/Coop
1 beds 1 baths 944 sq.ft.
CAP RATE Trad. 7.73% Airbnb 4.99%
Investment Properties for Sale
$109,000
MLS 10219550
Hickory Ridge-South Riverdale
Condo/Coop
3 beds 3 baths 1,518 sq.ft.
CAP RATE Trad. 12.34% Airbnb 4.98%
Investment Properties for Sale
$135,000
MLS 10202412
Berclair-Highland Heights
Condo/Coop
1 beds 1 baths 1,075 sq.ft.
CAP RATE Trad. 7.19% Airbnb 4.48%
Investment Properties for Sale
$79,900
MLS 10220120
East Memphis
Condo/Coop
1 beds 1 baths 667 sq.ft.
CAP RATE Trad. 10.13% Airbnb 3.42%
Investment Properties for Sale
$109,000
MLS 10219186
Berclair-Highland Heights
Condo/Coop
2 beds 2 baths 1,370 sq.ft.
CAP RATE Trad. 12.21% Airbnb 3.34%
Investment Properties for Sale
$64,900
MLS 10222115
Midtown
Condo/Coop
2 beds 1 baths 850 sq.ft.
CAP RATE Trad. 8.61% Airbnb 3.35%
Investment Properties for Sale
$115,000
MLS 10208921
Berclair-Highland Heights
Condo/Coop
2 beds 2 baths 1,343 sq.ft.
CAP RATE Trad. 12.39% Airbnb 3.09%
Investment Properties for Sale
$189,900
MLS 10219831
East Memphis
Condo/Coop
3 beds 3 baths 1,900 sq.ft.
CAP RATE Trad. 9.06% Airbnb 2.90%

Townhouses for Sale in Memphis, TN

Investment Properties for Sale
$76,000
MLS 10214432
Berclair-Highland Heights
Townhouse
2 beds 2 baths 1,338 sq.ft.
CAP RATE Trad. 6.98% Airbnb 5.70%
Investment Properties for Sale
$80,000
MLS 10216449
East Memphis
Townhouse
2 beds 2 baths 1,054 sq.ft.
CAP RATE Trad. 6.63% Airbnb 4.49%
Investment Properties for Sale
$123,900
MLS 10224231
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 1,340 sq.ft.
CAP RATE Trad. 11.76% Airbnb 4.22%
Investment Properties for Sale
$359,000
MLS 10218901
East Memphis
Townhouse
4 beds 3 baths 1,963 sq.ft.
CAP RATE Trad. 5.91% Airbnb 4.02%
Investment Properties for Sale
$90,000
MLS 10216452
East Memphis
Townhouse
2 beds 2 baths 1,054 sq.ft.
CAP RATE Trad. 5.78% Airbnb 3.88%
Investment Properties for Sale
$156,000
MLS 10209692
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 1,386 sq.ft.
CAP RATE Trad. 9.35% Airbnb 3.37%
Investment Properties for Sale
$424,000
MLS 10217379
East Memphis
Townhouse
4 beds 2 baths 2,932 sq.ft.
CAP RATE Trad. 2.48% Airbnb 3.23%
Investment Properties for Sale
$120,000
MLS 10211386
Berclair-Highland Heights
Townhouse
2 beds 2 baths 1,404 sq.ft.
CAP RATE Trad. 12.06% Airbnb 2.69%

Top Memphis, TN Neighborhoods - Real Estate Market Analysis

Shelby Forest-Frayser
PROPERTY PRICE

$199,000

Median for city
CAP RATE

7.62%

Traditional

18.08%

Airbnb
RENTAL INCOME

$ 1,376

Traditional

$ 2,761

Airbnb

58%

Airbnb occupancy rate
Downtown
PROPERTY PRICE

$199,000

Median for city
CAP RATE

6.66%

Traditional

8.02%

Airbnb
RENTAL INCOME

$ 2,162

Traditional

$ 2,785

Airbnb

43%

Airbnb occupancy rate
Berclair-Highland Heights
PROPERTY PRICE

$199,000

Median for city
CAP RATE

6.26%

Traditional

6.95%

Airbnb
RENTAL INCOME

$ 958

Traditional

$ 1,695

Airbnb

58%

Airbnb occupancy rate
Cordova
PROPERTY PRICE

$199,000

Median for city
CAP RATE

3.71%

Traditional

5.72%

Airbnb
RENTAL INCOME

$ 1,470

Traditional

$ 2,122

Airbnb

42%

Airbnb occupancy rate
Raleigh
PROPERTY PRICE

$199,000

Median for city
CAP RATE

6.68%

Traditional

19.70%

Airbnb
RENTAL INCOME

$ 984

Traditional

$ 7,971

Airbnb

53%

Airbnb occupancy rate
Parkway Village-Oakhaven
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.92%

Traditional

11.48%

Airbnb
RENTAL INCOME

$ 927

Traditional

$ 1,556

Airbnb

38%

Airbnb occupancy rate
East Memphis
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.54%

Traditional

5.81%

Airbnb
RENTAL INCOME

$ 2,060

Traditional

$ 2,238

Airbnb

50%

Airbnb occupancy rate
Midtown
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.77%

Traditional

6.89%

Airbnb
RENTAL INCOME

$ 1,355

Traditional

$ 2,177

Airbnb

48%

Airbnb occupancy rate
River Oaks-Kirby-Balmoral
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.16%

Traditional

3.99%

Airbnb
RENTAL INCOME

$ 2,098

Traditional

$ 2,127

Airbnb

63%

Airbnb occupancy rate
Hickory Ridge-South Riverdale
PROPERTY PRICE

$199,000

Median for city
CAP RATE

7.44%

Traditional

3.53%

Airbnb
RENTAL INCOME

$ 1,910

Traditional

$ 1,359

Airbnb

40%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Memphis, TN

The Memphis Farmhouse  Cottage
$75 per night Airbnb occupancy rate 36%
Entire guesthouse 1 · 1 · 2
Rental Income: $819 per month
4.78
1458
Clean & Serene Studio - easy on/off interstate
$142 per night Airbnb occupancy rate 26%
Guest suite 1 · 1 · 3
Rental Income: $1,124 per month
4.87
960
Private Safe Hideaway in Prime Midtown Location
$74 per night Airbnb occupancy rate 39%
Guest suite 1 · 0 · 3
Rental Income: $882 per month
4.98
959
Boho Groove - urban studio with relaxing backyard
$91 per night Airbnb occupancy rate 17%
Apartment 1 · 0 · 3
Rental Income: $463 per month
4.9
896
Cozy Duplex in "Historically Hip" Cooper-Young
$118 per night Airbnb occupancy rate 37%
House 2 · 0 · 5
Rental Income: $1,337 per month
4.92
856
Private Rustic Carriage House
$84 per night Airbnb occupancy rate 38%
Guesthouse 1 · 0 · 2
Rental Income: $966 per month
4.79
842
The Blue Heron-elegant urban studio in city center
$142 per night Airbnb occupancy rate 16%
Apartment 1 · 1 · 4
Rental Income: $710 per month
4.89
840
Relaxing apt by Overton Square and Overton Park.
$90 per night Airbnb occupancy rate 20%
Entire guesthouse 1 · 1 · 4
Rental Income: $555 per month
4.88
811

Real Estate Investment Analysis - Other Cities in tennessee

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Kingsport $301,750 5% 1% $2,071 $1,283 502 23%
Johnson City $377,333 4% 1% $2,079 $1,643 376 21%
Bristol $275,000 5% 2% $1,873 $1,408 193 22%
Jamestown $339,998 5% 1% $2,237 $1,289 153 14%
Elizabethton $314,900 5% 1% $1,858 $835 129 22%
View all tennessee cities

Vacation Rentals for Sale in tennessee

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