Short-Term Rental Properties in Memphis, TN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Short Term Rental Investment Properties for Sale in Memphis, TN

Why Invest in Memphis, Tennessee?

Short-term rentals in Memphis, TN, offer investors a compelling entry into a market driven by tourism and affordability. The city's attractions like Beale Street and Graceland sustain steady demand for transient stays. With lower real estate prices compared to larger metros, investors can achieve solid cash flow. Rental yields hover around 8-10%, supported by consistent occupancy from visitors and events. Regulatory permits ensure a structured environment, balancing growth with community needs.

9.5%
Avg. ROI
9.2%
Rental Yield
8.1%
Cap Rate
$1250/mo
Avg. Cash Flow
$129/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

Owners must obtain a permit from the City Division of Public Works, including an application fee and annual renewals. Compliance with zoning and occupancy limits is required. Failure to permit can result in fines.

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