New

TBD 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

🛁 2.5 Baths

🔨 Built in 2025

📐 Hazel Side Load A – 1520A

🏡 Subdivision – Silo Ridge Estates

📌 Lot 24

Property Description

Located in Silo Ridge Estates, one of Byhalia’s most desirable new communities within the thriving Greater Memphis MSA, this Hazel Side Load A (1520A) plan at TBD Centerline Roper Loop offers investors a rare opportunity to own a modern, low-maintenance single-family rental home designed with long-term performance in mind. This thoughtfully planned 4-bedroom, 2.5-bath residence combines curb appeal, quality construction, and durable finishes—making it ideal for both tenant retention and minimal owner oversight.

The Hazel floor plan is a proven favorite among renters, with its open-concept main level, spacious great room, and a well-appointed kitchen featuring energy-efficient appliances, contemporary cabinetry, and durable surfaces that stand up to daily use. The side-load garage enhances curb appeal while providing added privacy, and the home’s modern layout ensures efficient use of space for families or working professionals. Upstairs bedrooms offer quiet comfort, including a generous primary suite with a walk-in closet and private bath—features that promote long-term tenant satisfaction. Built with today’s construction standards, the home includes energy-efficient systems, new infrastructure, and modern materials that reduce maintenance costs and improve long-term operating efficiency.

Silo Ridge Estates offers a peaceful neighborhood atmosphere with easy access to Collierville, Olive Branch, and major Memphis employment centers via Highway 302 and I-269. The community is near quality schools, everyday conveniences, and growing retail corridors, providing strong lifestyle appeal for tenants. Byhalia’s strategic location within the expanding Memphis metro area positions it well for continued growth, benefiting investors seeking both yield and appreciation potential.

This Class A new-construction home is professionally managed and eligible for Meridian’s rent warranty program—providing stability and peace of mind for remote or 1031 exchange investors. Combining modern design, operational efficiency, and location-driven demand, this property represents a turnkey opportunity in one of the Southeast’s most resilient and investor-friendly real estate markets.

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 $394,900 and earn $2,450 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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Maintenance Rate (% of GOI)

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Property Mgmt Rate (% of GOI)

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Rent Appreciation Rate

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Sales Cost Rate (% of Price)

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

TBD Centerline Roper Loop, Byhalia, MS 38611

Property Details

Property Description

combines curb appeal, quality construction, and durable finishes—making it ideal for both tenant retention and minimal owner oversight. The Hazel floor plan is a proven favorite among renters, with its open-concept main level, spacious great room, and a well-appointed kitchen featuring energy-efficient appliances, contemporary cabinetry, and durable surfaces that stand up to daily use. The side-load...

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 24
📐 Floor Plan - Hazel Side Load A - 1520A
🇺🇸 County - Marshall
🏦 $4,245 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

📍 TBD Centerline Roper Loop, Byhalia, MS 38611

Buy this property for $394,900 and earn $2,450 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.