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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

🛁 2.5 Baths

🏠 2043 SF

🔨 Built in 2025

📐 Oriole Side Load A – 1329A

🏡 Subdivision – Silo Ridge Estates

📌 Lot 31

Property Description

This Centerline Roper Loop property offers investors a high-quality opportunity within Silo Ridge Estates, one of Byhalia’s most desirable new home communities just outside the Memphis metro area. The Oriole Side Load A plan features approximately 1,329 square feet of modern living space with four bedrooms and two and a half baths, designed with long-term tenant appeal and durability in mind. Its open-concept main level maximizes natural light and livability, while the side-load garage and clean exterior architecture add to its curb appeal—important features that help attract and retain quality renters.

Built with energy-efficient materials and modern construction standards, this home minimizes maintenance costs and supports steady performance for years to come. Inside, tenants enjoy durable finishes, hard-surface flooring in high-traffic areas, contemporary cabinetry, and efficient kitchen layouts that combine functionality and style. Every design choice serves both tenant comfort and investor value, reducing turnover and ongoing upkeep.

Silo Ridge Estates offers a peaceful suburban environment with access to parks, local schools, and everyday conveniences, all while being just a short drive from major Memphis-area employment centers. Byhalia’s strategic location near I-269 provides direct routes to Collierville, Olive Branch, and the broader Memphis MSA—an expanding market known for its job growth, population stability, and strong rental demand.

Professionally managed and eligible for Meridian’s rent warranty program, this Centerline Roper Loop home delivers the confidence and convenience that out-of-state and 1031 exchange investors seek. This new-construction Class A property combines low maintenance with strong market fundamentals, making it a smart addition to any long-term Memphis investment portfolio.

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 $369,900 and earn $2,350 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

117 Centerline Roper Loop, Byhalia, MS 38611

Property Details

Property Description

tenant appeal and durability in mind. Its open-concept main level maximizes natural light and livability, while the side-load garage and clean exterior architecture add to its curb appeal—important features that help attract and retain quality renters. Built with energy-efficient materials and modern construction standards, this home minimizes maintenance costs and supports steady performance for years to...

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 31
🌳 65,340 SF Lot
📐 Floor Plan - Oriole Side Load A - 1329A
🇺🇸 County - Marshall
🏦 $3,976 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

📍 117 Centerline Roper Loop, Byhalia, MS 38611

Buy this property for $369,900 and earn $2,350 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.