Located just outside Memphis in the high-growth suburb of Oakland, Tennessee, this newly built single-family home offers investors a premium, low-maintenance asset in a market primed for appreciation. Oakland is one of the fastest-growing areas in Fayette County, drawing strong rental demand thanks to its affordability, excellent schools, and proximity to major job centers like Blue Oval City and Byhalia’s EV battery plant.
This home is part of Carrington Estates — a boutique, 44-home community known for its quiet streets, well-kept yards, and strong neighborhood appeal. With low property taxes and a favorable business environment, the area offers a compelling combination of steady cash flow and long-term upside potential.
Designed with the modern renter in mind, the home features nearly 2,850 square feet of open, livable space. It includes five bedrooms and three full bathrooms, with two bedrooms on the main level — a layout popular with families, roommates, and work-from-home professionals alike. The large, light-filled kitchen comes with granite countertops, stainless steel appliances, and a functional island — upgrades that help attract quality tenants and command premium rents.
Other features include a welcoming front porch, spacious backyard patio, and a two-car garage. Durable construction and contemporary finishes make it a low-maintenance choice for investors seeking predictable performance with minimal hassle.
This is a rare opportunity to own a new construction rental property in a stable, appreciating market — fully managed by a trusted local team. Whether you're expanding your portfolio or looking for a smart entry point into SFR investing, this home checks every box.
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
Buy this property for $479,000 and earn $2,800 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.
Located just outside Memphis in the high-growth suburb of Oakland, Tennessee, this newly built single-family home offers investors a premium, low-maintenance asset in a market primed for appreciation. Oakland is one of the fastest-growing areas in Fayette County, drawing strong rental demand thanks to its affordability, excellent schools, and proximity to major job centers like
Blue Oval City and Byhalia’s EV battery plant. This home is part of Carrington Estates — a boutique, 44-home community known for its quiet streets, well-kept yards, and strong neighborhood appeal. With low property taxes and a favorable business environment, the area offers a compelling combination of steady cash flow and long-term upside potential. Designed with the...
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.
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.
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
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.
Buy this property for $479,000 and earn $2,800 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.
Create a free account for full website access and exclusive benefits.💥
🚀 Builder Incentives
🏡 Premium Property Access
💰 Advanced ROI Calculator
📊 The Investor Newsletter
✅ More!
"*" indicates required fields
Already have an account? Sign in.
Sign in for full website access and exclusive benefits.💥
🚀 Builder Incentives
🏡 Premium Property Access
💰 Advanced ROI Calculator
📊 The Investor Newsletter
✅ More!
New to our website? Create a free account.
Create a free account for full website access and exclusive benefits.💥
🚀 Builder Incentives
🏡 Premium Property Access
💰 Advanced ROI Calculator
📊 The Investor Newsletter
✅ More!
"*" indicates required fields
Already have an account? Sign in.
Sign in for full website access and exclusive benefits.💥
🚀 Builder Incentives
🏡 Premium Property Access
💰 Advanced ROI Calculator
📊 The Investor Newsletter
✅ More!
New to our website? Create a free account.