Maintenance Rate (% of GOI):
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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.
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.
Buy this property for $394,900 and earn $2,450 per month in estimated rent.
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.
Limited time offer. Call (901) 300-2260 to lock in your savings.
As the developer, Meridian can build investment properties anywhere we want. We carefully identify suburban submarkets that are likely to yield strong returns. We look for prime locations, stand out rankings, and close proximity to major employers. This is why we built the subdivision of Silo Ridge Estates in Byhalia, Mississippi.
Silo Ridge Estates is a low-density community in Byhalia, Mississippi, offering new construction homes on expansive, wooded parcels that typically range from approximately 1.5 to over 4 acres. With close to 40 homesites in total, the subdivision is built entirely by Meridian and delivers a land-rich setting that is increasingly difficult to find within the Memphis MSA. The homes feature a modern farmhouse architectural style, giving the community a cohesive, clean aesthetic that stands out from more traditional suburban developments.
Homes range from roughly 2,200 to nearly 3,000 square feet with 3–5 bedroom configurations, providing functional layouts suited for long-term occupancy. The defining characteristic, however, is the lot size—many parcels extend across multiple acres, creating a level of privacy and separation not typically available in newer construction communities. The setting feels more rural, with wooded surroundings and open land, while still maintaining reasonable proximity to Collierville and its established retail, dining, and employment base.
Each home includes durable construction and efficient systems, with finishes and materials consistent across the community. The use of well, septic, and propane systems reflects the lower-density, more rural nature of the area and contributes to a different operating profile than more traditional suburban neighborhoods.
While this is not a core investor-focused submarket, Silo Ridge Estates offers a distinct alternative within the broader region—larger acreage, newer construction, and a quieter environment, all within reach of one of the Memphis area’s most active suburban corridors.
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