Is Memphis, FL a good place to invest in rental property?

Memphis, FL has a median modeled monthly cash flow of $-550 and a median cap rate of 4.5%, on a median sold price of $339,950. Prices changed -7.9% year over year.

What is the average cap rate in Memphis, FL?

The median cap rate across recently sold homes in Memphis, FL is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Memphis, FL?

The median sold price in Memphis, FL is $339,950 (about $198 per square foot).

Investing in Memphis, FL Real Estate

A data-driven snapshot of the Memphis, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$339,950Median sold price

$198Median $/sqft

4.5%Median cap rate

$-550Modeled cash flow / mo

-7.9%Appreciation YoY

10.9Months of supply

219Active listings

242Sold (last 12 mo)

What the Memphis numbers say

In Memphis, FL, the median home sold for $339,950 (about $198 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-550 of monthly cash flow. Sold prices moved -7.9% over the past year. Inventory sits at about 10.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Memphis cash-flowing listings

CashFlowRE ranks every for-sale home in Memphis, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Memphis deals, or browse the national market data.