Maintenance Rate (% of GOI):
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Located in Silo Ridge Estates, one of Byhalia’s most desirable new communities within the thriving Greater Memphis MSA, this Hazel Side Load A (1520A) plan at TBD Centerline Roper Loop offers investors a rare opportunity to own a modern, low-maintenance single-family rental home designed with long-term performance in mind. This thoughtfully planned 4-bedroom, 2.5-bath residence combines curb appeal, quality construction, and durable finishes—making it ideal for both tenant retention and minimal owner oversight.
The Hazel floor plan is a proven favorite among renters, with its open-concept main level, spacious great room, and a well-appointed kitchen featuring energy-efficient appliances, contemporary cabinetry, and durable surfaces that stand up to daily use. The side-load garage enhances curb appeal while providing added privacy, and the home’s modern layout ensures efficient use of space for families or working professionals. Upstairs bedrooms offer quiet comfort, including a generous primary suite with a walk-in closet and private bath—features that promote long-term tenant satisfaction. Built with today’s construction standards, the home includes energy-efficient systems, new infrastructure, and modern materials that reduce maintenance costs and improve long-term operating efficiency.
Silo Ridge Estates offers a peaceful neighborhood atmosphere with easy access to Collierville, Olive Branch, and major Memphis employment centers via Highway 302 and I-269. The community is near quality schools, everyday conveniences, and growing retail corridors, providing strong lifestyle appeal for tenants. Byhalia’s strategic location within the expanding Memphis metro area positions it well for continued growth, benefiting investors seeking both yield and appreciation potential.
This Class A new-construction home is professionally managed and eligible for Meridian’s rent warranty program—providing stability and peace of mind for remote or 1031 exchange investors. Combining modern design, operational efficiency, and location-driven demand, this property represents a turnkey opportunity in one of the Southeast’s most resilient and investor-friendly real estate markets.
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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