Memphis Investment Analysis

Investment Property in Memphis, TN

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Memphis, TN Real Estate Investment Performance

PROPERTY SALE PRICE

$197,898

Median

1,853

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

4,443

Investment

896

Airbnb

237

Traditional

20%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

1,245

Number of homes sold

53

Median days on market

95%

Average sale-to-list price ratio

35%

Percentage of listings with price drops

4,443

Active listings count

2,458

New listings count

6.1

Months of supply

Memphis, TN Properties Rental Prices

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Investment Properties for Sale in Memphis, TN

Investment Properties for Sale
$129,400
MLS 10224447
Downtown
Other
5 beds 1 baths 2,092 sq.ft.
CAP RATE Trad. 11.10% Airbnb 10.33%
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 10.35%
Investment Properties for Sale
$129,900
MLS 10210732
Downtown
Other
3 beds 2 baths 1,556 sq.ft.
CAP RATE Trad. 11.01% Airbnb 10.26%
Investment Properties for Sale
$129,000
MLS 10219016
Downtown
Other
3 beds 1 baths 1,188 sq.ft.
CAP RATE Trad. 10.24% Airbnb 10.26%
Investment Properties for Sale
$73,900
MLS 10215841
White Haven-Coro Lake
Other
2 beds 1 baths 572 sq.ft.
CAP RATE Trad. 8.14% Airbnb 10.26%
Investment Properties for Sale
$135,000
MLS 10223495
Downtown
Other
3 beds 1 baths 912 sq.ft.
CAP RATE Trad. 8.26% Airbnb 9.86%
Investment Properties for Sale
$160,000
MLS 10216296
East Memphis
Other
4 beds 2 baths 1,645 sq.ft.
CAP RATE Trad. 8.92% Airbnb 9.78%
Investment Properties for Sale
$78,000
MLS 10215978
Shelby Forest-Frayser
Other
3 beds 2 baths 1,296 sq.ft.
CAP RATE Trad. 11.11% Airbnb 10.01%

Single Family Houses for Sale in Memphis, TN

Investment Properties for Sale
$199,900
MLS 10211226
East Memphis
Single Family Residential
4 beds 2 baths 1,290 sq.ft.
CAP RATE Trad. 5.88% Airbnb 7.71%
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 6.93%
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 6.65%
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 6.29%
Investment Properties for Sale
$100,000
MLS 10214302
White Haven-Coro Lake
Single Family Residential
4 beds 2 baths 1,160 sq.ft.
CAP RATE Trad. 12.05% Airbnb 6.30%
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 5.86%
Investment Properties for Sale
$169,000
MLS 10217010
Midtown
Single Family Residential
4 beds 2 baths 1,280 sq.ft.
CAP RATE Trad. 9.32% Airbnb 5.50%
Investment Properties for Sale
$133,000
MLS 10223146
Parkway Village-Oakhaven
Single Family Residential
3 beds 2 baths 1,072 sq.ft.
CAP RATE Trad. 10.24% Airbnb 5.40%

Condos for Sale in Memphis, TN

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 10.35%
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 6.71%
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 6.03%
Investment Properties for Sale
$200,000
MLS 10210156
Cordova
Condo/Coop
4 beds 4 baths 2,591 sq.ft.
CAP RATE Trad. 8.61% Airbnb 4.76%
Investment Properties for Sale
$162,500
MLS 10214461
River Oaks-Kirby-Balmoral
Condo/Coop
3 beds 2 baths 1,627 sq.ft.
CAP RATE Trad. 5.62% Airbnb 4.36%
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 4.47%
Investment Properties for Sale
$175,000
MLS 10214733
River Oaks-Kirby-Balmoral
Condo/Coop
3 beds 2 baths 1,448 sq.ft.
CAP RATE Trad. 5.23% Airbnb 4.06%
Investment Properties for Sale
$255,000
MLS 10208223
Downtown
Condo/Coop
3 beds 4 baths 2,010 sq.ft.
CAP RATE Trad. 10.68% Airbnb 3.82%

Townhouses for Sale in Memphis, TN

Investment Properties for Sale
$79,900
MLS 10221483
White Haven-Coro Lake
Townhouse
2 beds 2 baths 1,286 sq.ft.
CAP RATE Trad. 12.57% Airbnb 9.34%
Investment Properties for Sale
$125,000
MLS 10215107
Hickory Ridge-South Riverdale
Townhouse
3 beds 3 baths 1,867 sq.ft.
CAP RATE Trad. 8.59% Airbnb 8.89%
Investment Properties for Sale
$131,000
MLS 10222041
Hickory Ridge-South Riverdale
Townhouse
3 beds 2 baths 1,579 sq.ft.
CAP RATE Trad. 9.98% Airbnb 8.28%
Investment Properties for Sale
$174,900
MLS 10220537
Cordova
Townhouse
3 beds 3 baths 1,833 sq.ft.
CAP RATE Trad. 11.88% Airbnb 6.16%
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 5.53%
Investment Properties for Sale
$205,000
MLS 10216467
Cordova
Townhouse
3 beds 3 baths 1,556 sq.ft.
CAP RATE Trad. 7.82% Airbnb 4.98%
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 4.29%
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 3.71%

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 38%
Entire guesthouse 1 · 1 · 2
Rental Income: $856 per month
4.78
1451
Clean & Serene Studio - easy on/off interstate
$135 per night Airbnb occupancy rate 28%
Guest suite 1 · 1 · 3
Rental Income: $1,159 per month
4.87
959
Boho Groove - urban studio with relaxing backyard
$110 per night Airbnb occupancy rate 16%
Apartment 1 · 1 · 3
Rental Income: $532 per month
4.9
894
Cozy Duplex in "Historically Hip" Cooper-Young
$119 per night Airbnb occupancy rate 31%
House 2 · 1 · 5
Rental Income: $1,111 per month
4.92
846
The Blue Heron-elegant urban studio in city center
$138 per night Airbnb occupancy rate 15%
Apartment 1 · 1 · 4
Rental Income: $610 per month
4.89
840
Private Rustic Carriage House
$80 per night Airbnb occupancy rate 32%
Guesthouse 1 · 0 · 2
Rental Income: $787 per month
4.79
828
Lovely Duplex in "Historically Hip" Cooper-Young
$103 per night Airbnb occupancy rate 29%
House 1 · 1 · 4
Rental Income: $901 per month
4.94
724
Stylish Duplex in "Historically Hip" Cooper-Young
$114 per night Airbnb occupancy rate 22%
House 2 · 1 · 5
Rental Income: $770 per month
4.89
720

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
Murfreesboro $479,900 2% 1% $2,015 $1,721 1,225 25%
Kingsport $299,250 6% 2% $2,048 $1,388 496 23%
Johnson City $380,783 4% 1% $2,104 $1,643 354 21%
Jonesborough $455,000 4% 1% $2,178 $1,335 207 22%
Bristol $269,900 5% 2% $1,858 $1,408 195 22%
View all tennessee cities

Vacation Rentals for Sale in tennessee

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