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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

🛁 3 Baths

🏠 2201 SF

📐 Model –

🔨 Built in 2025

🏦 $0 Annual Property Tax

🛡️ $875 Insurance Premium

Property Description

441 Centerline Roper Loop is an attractive investment property for sale in Silo Ridge Estates, a growing residential enclave in Byhalia, Mississippi. Positioned within the Blue Jay C section of the community, this newly built 4-bedroom, 3-bath home offers a modern layout tailored to today’s tenant needs, emphasizing comfort, efficient living, and long-term durability.

The floor plan features an open main living area designed to maximize usable space while maintaining a warm, contemporary feel. A well-appointed kitchen connects smoothly to living and dining spaces, promoting everyday convenience and lifestyle flexibility. The primary suite is thoughtfully located on the main level, creating an appealing private retreat. An additional bedroom on the first floor provides versatility for home-office needs, guest accommodation, or multigenerational living. Upstairs, two secondary bedrooms and a loft-style flex area provide separation of space that supports long-term tenant satisfaction and reduces turnover.

Energy-efficient systems, durable surfaces, and low-maintenance finishes position the home for predictable operating costs and long-range asset stability. Professional management and Meridian’s rent warranty program provide peace of mind for investors, especially those purchasing from out of state or through a 1031 exchange.

Silo Ridge Estates delivers a quiet suburban environment while remaining well connected to the broader Memphis MSA. Byhalia benefits from expanding commercial development, strong transportation access, and proximity to major employment hubs, including logistics, medical, and industrial centers throughout the region. Parks, recreational amenities, and everyday services are within easy reach, strengthening tenant demand and supporting reliable performance. The greater Memphis market continues to be recognized for its resilient economy, workforce diversity, and strong rental fundamentals—key drivers of long-term portfolio growth.

For those evaluating Memphis investment properties or looking for turnkey investment properties near Memphis, 441 Centerline Roper Loop offers a compelling balance of new construction, efficient design, and a desirable suburban location. The home’s thoughtful layout, modern features, and stable market drivers make it a practical addition to a long-term investment strategy.

Features + Upgrades

📋

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.

📊 Investment Overview

Buy this property for $380,000 and earn $2,275 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

441 Centerline Roper Loop, Byhalia, 38611

Property Details

Property Description

plan features an open main living area designed to maximize usable space while maintaining a warm, contemporary feel. A well-appointed kitchen connects smoothly to living and dining spaces, promoting everyday convenience and lifestyle flexibility. The primary suite is thoughtfully located on the main level, creating an appealing private retreat. An additional bedroom on the first...

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

📌 Lot 17
🇺🇸 County - Marshall
🏦 $0 Annual Property Tax

Interested in this property? Call or text (901) 300-2260 to speak to an investment advisor.

PRO FORMA

📍 441 Centerline Roper Loop, Byhalia, 38611

Buy this property for $380,000 and earn $2,275 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.

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

Investing In Byhalia Real Estate

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 this subdivision in Byhalia, Mississippi.

City: Byhalia

Prime growth corridor — located at the junction of I-22/Route 78 and I-269, providing direct access across the Memphis metro
Close proximity to major employment hubs including Chickasaw Trails Industrial Park, Olive Branch, Collierville, and downtown Memphis
Strong job growth driven by logistics, manufacturing, and industrial expansion in the surrounding area
Major investment in advanced manufacturing, including a $2B EV battery facility expected to bring approximately 2,000 jobs
Increasing rental demand supported by workforce growth and limited housing supply
Lower property taxes and favorable insurance environment in Mississippi enhance overall investment returns
Affordable home prices relative to surrounding submarkets, with steady appreciation potential
Small-town setting with a traditional main street, local businesses, and strong community engagementWelcoming, stable community with a focus on long-term growth and quality of life
Show More

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.