Is Memphis, TN 38127 Neighborhood Safe to Invest?

[Eagle Yeh]

Dear BP community,

I am looking into new constructions in Memphis, TN 38127. It's not an area I am very familiar with. I would like to seek feedback if anyone invests here or knows about the area.

Thank you!

[AJ Singh]

@Eagle Yeh

38127 is a tough zipcode. i would leave it to the local investors . The only reason you are getting a bite at this is no one local wants it. There are slim pickings in value add or wholesale plays nowadays. 

Try to buy in better suburbs like Cordova, Bartlett, collierville, Southaven, Olive Branch etc. these are great neighborhoods for equity and cash flow. you should be able to get a starter house in 150k to 175k and yielding 1300 to $1500 a month. rents have shot up in good neighborhoods of memphis over the last 3 years.