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This newly built home in Silo Ridge Estates offers the perfect balance of timeless design, generous space, and income-generating potential — ideal for anyone seeking turnkey investment properties near Memphis. Located in the peaceful and fast-growing town of Byhalia, Mississippi, this wooded 1.5-acre property provides privacy and long-term value in one of the region’s most promising rental markets.
The Laurel E floor plan features 4–5 bedrooms and 3 bathrooms across 2,471 square feet. Its main level includes a spacious family room, formal dining area, and a modern kitchen with granite countertops, stainless appliances, a walk-in pantry, island seating, and shaker-style cabinetry — features that today’s tenants actively seek. The thoughtful layout includes the primary suite and two secondary bedrooms on the main level, creating accessibility for families and multigenerational households.
Upstairs, renters will appreciate the fourth bedroom, full bath, and a versatile bonus room that can easily be used as a fifth bedroom, media room, or office — adding to this home’s flexibility and renter appeal. With its attractive farmhouse exterior, modern interior finishes, and a lot size of over 1.5 acres, this home delivers on both function and curb appeal.
Whether you’re an investor looking for strong cash flow potential or a homebuyer seeking space and style in a quiet community just outside Memphis, this Laurel model is a smart addition to any 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 $397,900 and earn $2,750 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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