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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Memphis, TN
Listed for sale 3 days ago
$ 119,000
ROI
33.8
Cash Flow/m
464- 2 Bed
- 2 Bath
- 1170 sft
4795 Winchester Rd, Memphis, TN, 38118
Listed for sale 3 days ago
$ 145,000
ROI
34.8Cash Flow/m
609- 3 Bed
- 2 Bath
- 1491 sft
5549 Blossom Ln, Memphis, TN, 38115
Fix & Flip
$ 209,000
ROI
26.0Cash Flow/m
360- 2 Bed
- 2 Bath
- 1300 sft
6684 Pondview Cv, Memphis, TN, 38119
$ 424,900
ROI
23.1Cash Flow/m
393- 2 Bed
- 3 Bath
- 1999 sft
692 Marina Cottage Dr, Memphis, TN, 38103
Why Invest in Memphis, Tennessee?
Townhouses in Memphis, TN offer strong investment potential with affordable entry points and steady rental demand. Investors benefit from cap rates around 8-10% and average rents near $1,400 monthly. Renter occupancy exceeds 50%, supported by job growth in logistics and healthcare. Annual appreciation hovers at 2-3%, with positive cash flow averaging $400 per unit. Housing inventory is rising, creating opportunities for value-add townhouse purchases.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1420/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer high cap rates of 9% and strong cash flow due to 52% renter occupancy. Affordable prices around $200k entry make them accessible. Steady job growth sustains demand.
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