Back to TN
Memphis
Shelby County, TN
HOLDLegal
STR Opportunity Score
65
/100
πDemand
72
π°Affordability
78
πRegulation
68
π€οΈSeasonality
58
πSaturation
91
Will This Deal Work?
Money You Make vs. Price You Pay
C
OKAY DEAL
RPR: 13.5%
Can You Pay the Bills?
β
YES
Income covers mortgage
THE BOTTOM LINE β οΈ
Okay deal. It pays the bills but returns could be better.
π΅
$145
Avg ADR
π
58%
Occupancy
π°
$2,523
Monthly Revenue
π
$225K
Median Price
π Income by Property Size
Monthly revenue estimates by bedroom count
1BR
$883
2BR
$1,640
3BR
$2,523
4BR
$3,658
5BR
$4,541
6BR+
$5,424
β Best
π Top Amenities for This Market
Add these to boost your revenue
MUST HAVEHot Tub
+20%HIGH IMPACTFire Pit
+12%HIGH IMPACTPrivacy/Seclusion
+15%HIGH IMPACTOutdoor Space
+10%NICE TO HAVEGame Room
+14%π Market Saturation
Competition LevelLOW
Low competition - great opportunity to enter this market!
π― Your Next Steps
1
Search for 6BR+ properties
Best income potential at $5,424/month
2
Add a Hot Tub
Boost revenue by +20%
3
Target $3,154/month
Top 25% performer income goal
π Regulation Status
Legal
Short-term rentals are allowed in this area. Always verify local ordinances before purchasing.