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Updated over 2 years ago on . Most recent reply

Carolina Sotola's profile image
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Carolina Sotola
  • Member since Mar 17, 2021
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Carolina Sotola's profile image
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Carolina Sotola
  • Member since Mar 17, 2021
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Carolina Sotola
8
Votes |
7
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General Real Estate Investing

Looking for good zip codes to invest in Memphis, TN

Carolina Sotola
Posted

Hi fellow investors, 

I'm a rookie investor considering Memphis, TN, to start my investments. Can anyone recommend good zip codes for long term rentals with positive cash flow. I'd like to be in areas with low crime rates. Thanks in advance!

Memphis, Tennessee
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Mike Mosee's profile image
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Mike Mosee
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  • from Eagle Point, OR
  • Member since Dec 11, 2011
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Mike Mosee's profile image
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Mike Mosee
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  • from Eagle Point, OR
  • Member since Dec 11, 2011
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Mike Mosee
  • Investor
  • Eagle Point, OR
108
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165
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Mike Mosee
  • Investor
  • Eagle Point, OR
Replied

Hi Carolina

There is no magic zip code that gives good ROI as crime areas change by a few blocks. We've found the best way is to have boots on the ground, property manager, to access. Zip codes we have that give good ROI include 38128, 38134, 38053.

Best of luck

Mike

  • Mike Mosee
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