Memphis continues to attract real estate investors seeking stable and profitable turnkey rental opportunities. With a combination of affordability, strong rental demand, and economic growth, the city remains a top choice for investors in 2025. Here’s why Memphis should be on your radar.

1. Affordable Property Prices with High ROI

Compared to other major metro areas, Memphis offers significantly lower home prices, making it an attractive entry point for investors. Despite the affordability, rental yields remain high, providing excellent cash flow potential. The city’s median home price is well below the national average, yet rental demand keeps cap rates strong.

2. Strong and Growing Rental Demand

Memphis has a large population of renters, with nearly 55% of residents renting rather than owning. The city’s affordability and job market attract a steady stream of tenants, ensuring high occupancy rates for rental properties.

3. Booming Job Market and Economic Growth

Home to major employers like FedEx, AutoZone, and International Paper, Memphis boasts a stable job market. The city continues to see growth in logistics, healthcare, and tech industries, attracting more workers and increasing demand for rental housing.

4. Landlord-Friendly Laws

Tennessee remains one of the most landlord-friendly states, with favorable eviction laws and no state income tax. This makes Memphis an even more attractive market for turnkey rental investors looking for hassle-free property management.

5. Turnkey Investment Opportunities

Memphis is home to numerous turnkey property providers offering fully renovated, tenant-occupied homes with professional property management. This makes it easy for out-of-state investors to purchase cash-flowing properties without hands-on involvement.

6. Future Growth and Development

The city’s ongoing infrastructure improvements, revitalization projects, and growing tourism industry indicate strong future appreciation potential. Investors who enter the market now can benefit from long-term property value growth.

Final Thoughts

Memphis remains a top market for turnkey rental investors in 2025 due to its affordability, strong rental demand, economic growth, and landlord-friendly environment. Whether you’re a seasoned investor or just getting started, Memphis offers a prime opportunity to build long-term wealth through real estate.