This new-construction, five-bedroom home in Carrington Estates offers 2,200 square feet of well-planned living space, making it an excellent option for both investors and homeowners. Designed with long-term value in mind, this home features a functional open-concept layout with a bright family room, an electric fireplace with a floating cedarwood mantle, and a kitchen with white Shaker cabinets, granite countertops, a large island, stainless steel appliances, and a refrigerator. The primary suite is tucked away on the main level, offering privacy and a spacious en-suite bathroom with dual vanities, a free-standing soaking tub, and a walk-in closet. Two additional bedrooms and a full bath are also located on the main floor, while the second level features a bonus room, an additional bedroom, and a third full bathroom—ideal for extended family, guests, or a home office. A two-car garage, backyard patio, and energy-efficient design complete the property. Located in Oakland, TN, this home is situated in an area with some of the lowest property taxes in the Memphis metro, keeping ownership costs low. With an annual HOA fee of just $200 and a growing rental market, this property offers an attractive balance of affordability and income potential. Oakland’s proximity to Memphis, Blue Oval City, and Byhalia’s expanding EV sector makes it a strong choice for investors looking for steady demand and long-term appreciation. An opportunity to own a modern, low-maintenance home in a rapidly growing community with excellent investment fundamentals.
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 $405,990 and earn $2,400 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.
This new-construction, five-bedroom home in Carrington Estates offers 2,200 square feet of well-planned living space, making it an excellent option for both investors and homeowners. Designed with long-term value in mind, this home features a functional open-concept layout with a bright family room, an electric fireplace with a floating cedarwood mantle, and a kitchen with
white Shaker cabinets, granite countertops, a large island, stainless steel appliances, and a refrigerator. The primary suite is tucked away on the main level, offering privacy and a spacious en-suite bathroom with dual vanities, a free-standing soaking tub, and a walk-in closet. Two additional bedrooms and a full bath are also located on the main floor,...
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 $405,990 and earn $2,400 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.