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Centerline Roper Loop

Name: Meridian Pacific Properties | Real Estate Investment Rentals in Memphis
Address: 2760 Colony Park Drive, Suite 103, Memphis, TN, 38118, US
Telephone: (901) 300-2260
Price range: $300,000 - $500,000

Byhalia,

38611

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🛏️ 4 Bedrooms

🛁 3 Baths

🔨 Built in 2025

📐 Blue Jay Front Load C – 1666C

🏡 Subdivision – Silo Ridge Estates

📌 Lot 57

Property Description

This newly built Blue Jay floor plan in Silo Ridge Estates, Byhalia, offers investors a modern, energy-efficient home in one of the Memphis MSA’s most strategically positioned growth corridors. With approximately 1,666 square feet, four bedrooms, and three full baths, the floor plan is designed for long-term tenant satisfaction, combining functional flow with durable construction and timeless finishes that minimize maintenance and maximize appeal.

The open-concept main level connects the kitchen, dining, and living spaces for effortless daily living and entertaining. Features include luxury vinyl plank flooring, granite countertops, soft-close cabinetry, and stainless appliances, complemented by a gas fireplace with a contemporary mantle. Energy-efficient systems—such as a high-efficiency HVAC, Low-E insulated windows, and advanced insulation—help reduce operating costs and extend the property’s performance life. Thoughtful upgrades like wood shelving, designer lighting, and tile bathroom surrounds enhance durability while maintaining a cohesive, upscale aesthetic.

Silo Ridge Estates combines modern home design with peaceful surroundings, generous lot sizes, and excellent access to major transportation routes including I-269 and I-22. Its location in Byhalia places it within reach of major Memphis logistics and industrial hubs, including Amazon, Nike, and Ford’s BlueOval City, making it attractive to tenants employed in the region’s expanding job market. The community’s balance of convenience, privacy, and new infrastructure supports consistent rental demand and long-term property value growth.

Professionally managed and covered by Meridian’s rent warranty program, this Class A, turnkey property represents a stable investment backed by strong fundamentals and on-the-ground management expertise. With high-quality construction, tenant-ready finishes, and proximity to Memphis economic drivers, it’s an ideal choice for investors seeking performance and peace of mind in a growing suburban market.

Features + Upgrades

Spacious 1.5+ Acre Lots
Energy-Efficient Construction
Brick and Premium Siding
Architectural Asphalt Shingles
42” Soft-Close Kitchen Cabinets
Granite Countertops & Tile Backsplash
Stainless Steel Appliance Package
Luxury Vinyl Plank Flooring
Tile Bathrooms with Designer Details
Gas Fireplace with Custom Mantle
Designer Lighting Package
Professionally Landscaped Yard
Fully Insulated Garage
Concrete Driveway & Patio
Individual Well, Septic & Propane

📋

Incentives for Investors

Limited time offer. Call (901) 300-2260 to lock in your savings.

Speak with an investment property advisor.

Brian Conlon, Business Development

📊 Investment Overview

Buy this property for $384,900 and earn $2,275 per month in estimated rent.

Initial Investment

Purchase Price:

$380,000

Down Payment (30%):

$150,000

Closing Costs & Fees:

$6,000

Total Cash Investment:

$156,000

Financing Details

Loan Amount (70%):

$300,000

Mortgage Rate:

6.25%

Monthly Mortgage Payment:

$2400

Annual Mortgage Payment:

$22,000

Annual Expenses

Property Taxes:

$1579.50

Insurance Premium:

$725

HOA Fees:

$200

Vacancy Loss:

$200

Maintenance Costs:

$200

Property Management:

$200

Total Annual Expenses:

$27,000

Projected Income

Estimated Monthly Rent:

$2,600

$36,000

Monthly Before Tax Cash Flow :

$6,000

Annual Before Tax Cash Flow :

$6,000

Net Operating Income (NOI) :

$6,000

Metrics & ROI

10-Year Internal Rate of Return:

11.9%

10-Year Avg. Cash-On-Cash ROI:

3.9%

Cash-On-Cash ROI + Debt Paydown ROI:

7.4%

Capitalization Rate (First Year):

5.9%

Real Estate Value in 10 Years:

$9000

Economic Assumptions

Year:

Y10

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

INITIAL INVESTMENT

Purchase Price

Closing Costs & Fees

Down Payment

50%

Mortgage Rate
(30 Yr Fixed)

50%

INCOME AND EXPENSES

Monthly Rent*

Annual Property Tax

Annual Insurance Premium

Annual HOA Fees

ECONOMIC ASSUMPTIONS

Mode: SIMPLE

Vacancy Rate (% of GSI)

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INVESTMENT AND DEBT SERVICE CALCULATIONS

Property Purchase Price

Down Payment

Closing Costs & Fees

Total Cash Investment

DEBT SERVICE SUMMARY

Amount Financed

Debt Service (P&I), Monthly

Debt Service (P&I), Annual

KEY FINANCIAL RATIOS (RETURN ON INVESTMENT)

10-Year Average Cash-On-Cash ROI

Avg 10-Year CoC

Cash-On-Cash ROI + Debt Paydown ROI

Avg 10-Year CoC + Debt Paydown ROI, Excl. Appreciation

Capitalization Rate (First Year)

First Year Net Operating Income ÷ Purchase Price

10-Year Internal Rate of Return

IRR per Year

About These Calculations

All numbers are estimates for illustration only and not guaranteed. Actual performance, pricing, and rent may vary. This is not a commitment to sell or invest. Please consult your financial advisor. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program.

Investment Property Report

166 Centerline Roper Loop, Byhalia, MS 38611

Property Details

Property Description

and timeless finishes that minimize maintenance and maximize appeal. The open-concept main level connects the kitchen, dining, and living spaces for effortless daily living and entertaining. Features include luxury vinyl plank flooring, granite countertops, soft-close cabinetry, and stainless appliances, complemented by a gas fireplace with a contemporary mantle. Energy-efficient systems—such as a high-efficiency HVAC, Low-E...

Property Type

Turnkey Rental

Start earning rental income immediately. This turnkey property will be move-in ready for tenants the day you close escrow. Our local property management team will take care of everything for you.

New Construction

This is a brand new home that has never been lived in. New construction homes typically have the highest overall ROI of any single-family rental property.

Build-to-Rent

Meridian’s build-to-rent properties are designed to attract and retain long-term tenants. We use durable materials, modern amenities, and open floor plans

Class A Property

This property is rated Class A. It is a top-tier property in a desirable neighborhood, featuring premium construction, modern finishes, and strong rental demand—ideal for stable appreciation and high-quality tenants.

Property Location

🏡 Subdivision - Silo Ridge Estates
📌 Lot 57
🌳 2,201 SF Lot
📐 Floor Plan - Blue Jay Front Load C - 1666C
🇺🇸 County - Marshall
🏦 $4,138 Annual Property Tax
🏡 $250 Annual HOA Fees

Interested in this property? Call or text (901) 300-2260 to speak to an investment advisor.

PRO FORMA

📍 166 Centerline Roper Loop, Byhalia, MS 38611

Buy this property for $384,900 and earn $2,275 per month in estimated rent.

Initial Investment

Purchase Price:

$380,000

Down Payment (30%):

$150,000

Closing Costs & Fees:

$6,000

Total Cash Investment:

$156,000

Financing Details

Loan Amount (70%):

$300,000

Mortgage Rate:

6.25%

Monthly Mortgage Payment:

$2400

Annual Mortgage Payment:

$22,000

Annual Expenses

Property Taxes:

$1579.50

Insurance Premium:

$725

HOA Fees:

$200

Vacancy Loss:

$200

Maintenance Costs:

$200

Property Management:

$200

Total Annual Expenses:

$27,000

Projected Income

Estimated Monthly Rent:

$2,600

$36,000

Monthly Before Tax Cash Flow :

$6,000

Annual Before Tax Cash Flow :

$6,000

Net Operating Income (NOI) :

$6,000

Metrics & ROI

10-Year Internal Rate of Return:

11.9%

10-Year Avg. Cash-On-Cash ROI:

3.9%

Cash-On-Cash ROI + Debt Paydown ROI:

7.4%

Capitalization Rate (First Year):

5.9%

Real Estate Value in 10 Years:

$9000

Economic Assumptions

Year:

Y10

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

Interested in this property? Call or text (901) 300-2260 to speak to an investment advisor.

Interested in this property?

Connect with a Meridian investment advisor to ask questions, evaluate the numbers, and explore how this property fits your goals. Theres no pressure — just expert guidance.

Invest In Byhalia Real Estate

Properties / Mississippi / Byhalia / Silo Ridge Estates /

Byhalia, Mississippi, is strategically located near the junction of Interstate 22/Route 78 and Interstate 269, positioning it as a prime growth corridor within the Memphis metro. This convenient access is attracting major employers to the area, supporting strong job growth and a healthy rental market. The town offers the charm of a small community, with a traditional main street lined with boutique shops and locally owned businesses, yet remains fully connected to the economic drivers of the region. Residents enjoy a welcoming atmosphere, friendly neighbors, and a highly engaged city staff committed to supporting the community’s growth and quality of life. For investors, Byhalia’s location provides easy commutes to the Chickasaw Industrial Park, Collierville, Olive Branch, and downtown Memphis — all thriving employment centers that help sustain demand for well-built rental homes. This blend of accessibility, economic momentum, and small-town appeal makes Byhalia a compelling choice for those seeking high-performing investment properties near Memphis.