New Listing

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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🛏️ 5 Bedrooms

🛁 3 Baths

🔨 Built in 2025

📐 Dove Side Load F – 1548F

🏡 Subdivision – Silo Ridge Estates

📌 Lot 30

Property Description

Located on Centerline Roper Loop in Byhalia’s Silo Ridge Estates, the Dove Side Load F plan presents a strong, Class A investment opportunity within the expanding Memphis metropolitan area. Designed with both functionality and long-term performance in mind, this two-story, five-bedroom, three-bath home combines modern construction efficiency with refined finishes that appeal to today’s discerning renters.

The open-concept layout emphasizes comfort and practicality, with seamless flow between the kitchen, dining, and living areas—ideal for daily living and entertaining. A contemporary kitchen features granite countertops, stainless steel appliances, soft-close cabinetry, and a decorative board-and-batten hood, while the gas fireplace with mosaic tile detailing provides a polished centerpiece. Durable flooring, advanced insulation, and energy-efficient systems including a high-efficiency HVAC, Low-E windows, and a 50-gallon gas water heater help minimize maintenance and operational costs over time. The side-load garage enhances curb appeal, and the spacious lot offers privacy, green space, and enduring value.

Silo Ridge Estates provides a well-maintained, master-planned setting within one of the region’s most strategically positioned suburbs. Residents benefit from proximity to major employment hubs in Olive Branch, Collierville, and Memphis, including large-scale employers like Amazon, Nike, and Ford’s BlueOval City. Easy access to I-269 and Highway 302 connects the community to the broader Memphis industrial corridor, while nearby schools, parks, and retail conveniences contribute to tenant satisfaction and retention.

For investors, this newly built property represents a turnkey opportunity in a market experiencing steady job growth and expanding rental demand. Professionally managed and eligible for Meridian’s rent warranty program, it provides peace of mind, efficient operations, and sustainable returns. With its balance of high-quality construction, local market strength, and regional accessibility, this home stands out as a dependable addition to any Memphis-area 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 $394,995 and earn $0 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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Property Appreciation Rate

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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

141 Centerline Roper Loop, Byhalia, MS 38611

Property Details

Property Description

renters. The open-concept layout emphasizes comfort and practicality, with seamless flow between the kitchen, dining, and living areas—ideal for daily living and entertaining. A contemporary kitchen features granite countertops, stainless steel appliances, soft-close cabinetry, and a decorative board-and-batten hood, while the gas fireplace with mosaic tile detailing provides a polished centerpiece. Durable flooring, advanced insulation,...

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 30
📐 Floor Plan - Dove Side Load F - 1548F
🇺🇸 County - Marshall
🏦 $4,246 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

📍 141 Centerline Roper Loop, Byhalia, MS 38611

Buy this property for $394,995 and earn $0 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.