Memphis, TNMEMP-TN-HICKORY-HILL

Hickory Hill

Conditional
Strategy · Cash Flow (high-risk)Remote fit · LowConfidence · Developing
Entry price$80K-160K
Typical rent$900-1,300
Gross yield10-14%
The case

Southeast Memphis with affordable 1970s-80s attached housing, proximity to the airport and I-240, and high turnkey volume aimed at cash-flow investors.

Risks

Property quality varies significantly, maintenance on older stock is real, and like Whitehaven it attracts turnkey markups. Headline yields often overstate real returns once maintenance, vacancy, and management costs are factored in.

Best for

Investors willing to do extra due diligence on price, condition, and management before buying.

Buy-box fit

0 entries

No published buy-box fits for this neighborhood.