Maintenance Rate (% of GOI):
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Located on Centerline Roper Loop in the growing Silo Ridge Estates community of Byhalia, the Dove Side Load F (1548F) plan offers investors an exceptional Class A new construction home designed for both tenant appeal and long-term portfolio stability. This spacious 5-bedroom, 5-bath residence features a highly functional floor plan that supports modern living while minimizing maintenance needs — an ideal fit for today’s rental market dynamics near the greater Memphis MSA.
The Dove layout provides a thoughtful balance of open-concept common areas and private bedroom retreats. Its expansive kitchen with quality finishes and durable surfaces connects seamlessly to the main living space, encouraging natural flow and flexibility for families and working professionals alike. Each bedroom offers ample closet space, and all five bathrooms are finished with modern fixtures and easy-to-clean materials — reducing wear and turnover costs over time. Energy-efficient construction and low-maintenance exterior materials further enhance long-term operating efficiency, helping investors protect cash flow while offering tenants a high-quality home environment.
Silo Ridge Estates continues to attract attention as one of Byhalia’s most desirable residential developments, with wide streets, new infrastructure, and close proximity to top-rated schools and community amenities. The neighborhood’s convenient access to I-269 and Highway 78 connects residents quickly to major employment centers across the Memphis metro — including distribution, logistics, and healthcare hubs that underpin the region’s consistent housing demand. Byhalia’s combination of suburban tranquility and proximity to key job markets has made it a strategic location for both renters and investors seeking growth within the Memphis MSA.
This property is professionally managed and eligible for Meridian’s rent warranty program, offering investors added peace of mind and predictable performance from day one. For those seeking a turnkey investment property near Memphis with enduring appeal, modern construction quality, and strong local fundamentals, this Centerline Roper Loop prooerty represents an outstanding opportunity.
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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