Maintenance Rate (% of GOI):
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144 Centerline Roper Loop in Silo Ridge Estates presents an exceptional opportunity for investors seeking a modern, income-generating property in the Memphis MSA. Located in the growing community of Byhalia, Mississippi, this thoughtfully designed Hazel A floor plan includes four bedrooms, two and a half bathrooms, and 2,237 square feet of well-laid-out living space — crafted to support long-term tenant satisfaction and low turnover.
The home’s first-floor primary suite provides privacy and accessibility, while the open-concept main level includes a large granite island, a breakfast area, and a welcoming living room with a fireplace — an appealing setup for families and professionals alike. Upstairs, three additional bedrooms and a full bath add flexibility for growing households or work-from-home arrangements. As new construction, the home is built with energy-efficient materials and durable finishes that reduce maintenance costs and protect investor returns over time.
Professionally managed and backed by Meridian’s rent warranty program, the property is designed to deliver steady performance with minimal oversight, making it ideal for out-of-state investors or 1031 exchange buyers looking to simplify their portfolios while improving cash flow.
Byhalia is situated near the I-269 corridor, offering fast access to major job centers in Collierville, Olive Branch, and Memphis. The area is seeing increased development interest due to its strategic location, expanding infrastructure, and affordability relative to neighboring suburbs. As part of the greater Memphis real estate market — known for its strong rental demand, business-friendly policies, and solid returns — this property stands out as a high-quality investment in a region poised for continued growth.
LVP flooring in common areas
Carpet or LVP (upgrade) in the primary bedroom
Carpet in the secondary bedrooms
Ceramic tile in Premier primary bathrooms
LVP flooring in secondary bathrooms
Flat paint
Ceramic tile backsplashes in Premier kitchens
Granite or quartz (upgrade) countertops
Cultured marble bathroom countertops
9′ or 10′ ceilings
Designer Lighting Package
Stainless steel dishwasher, microwave, gas range (Premier) or electric range (Select)
Gas (Premier) or electric (Select) fireplace with modern mantle
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 $394,995 and earn $2,625 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 Carrington Estates in Oakland, Tennessee.
Carrington Estates is a larger-format community in Oakland, Tennessee, positioned next to a golf course and offering a more open, country-style setting while still remaining connected to the broader Memphis metro. Homes typically range from approximately 2,000 to over 3,000 square feet with 4–5 bedroom floor plans, providing a higher square footage profile than many surrounding subdivisions and appealing to renters who prioritize space, newer construction, and a quieter residential environment.
The neighborhood combines this more spacious, low-density feel with a consistent build standard across homes, supporting ease of management and repeatability for investors. The overall positioning creates an accessible form of upscale living, delivering larger homes and higher-end finishes at a price point that remains practical for a wide segment of the workforce. While Oakland schools are more moderate, the community benefits from proximity to nearby Arlington, where stronger educational options contribute to sustained housing demand in the area.
Homes are constructed with durable, low-maintenance materials including brick and fiber cement siding, architectural shingles, and energy-efficient systems such as high-efficiency HVAC, upgraded insulation, and Low-E windows. Interior finishes emphasize longevity and broad appeal, with luxury vinyl plank flooring in main living areas, tile in bathrooms, and solid-surface countertop options, helping reduce ongoing maintenance exposure.
Located in Fayette County, where property taxes remain among the lowest in the Memphis MSA, Carrington Estates combines larger home sizes with a favorable cost structure. Its proximity to the Ford BlueOval City development and the expanding eastern Memphis employment corridor supports long-term demand, positioning the community as a scalable option for investors targeting newer construction in a lower-density setting.
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