Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

5,028
Posts
2,573
Votes
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts

Buy Memphis Now: 2018 In Review

Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Posted

As we approach the end of 2018 I thought it would be interesting to look over the data I have been keeping track of in regards to the sales of our company this year.  The data I will provide is strictly for ppl who might like to see what the Memphis market looks like through the sales price and rental averages as we have tracked them. Let me know if there is any other data you might like to know about and if I tracked it I will be happy to post: Note: All homes sold were under a turnkey business model.

55 total sales in 2018 - 53 of them were conventional financing and only 2 were cash buyers.

38107  2 sold  Avg price $99,900  Avg rent $950 

38109  3 sold  Avg price $76,566  Avg rent $841

38112  1 sold  Avg price $77,000  Avg rent $825

38115  3 sold Avg price $109,266 Avg rent $1,058

38116  11 sold Avg price $99,363  Avg rent $1,047

38117  3 sold   Avg price $100,933  Avg rent $941

38118  11 sold  Avg price $84,918  Avg rent $863

38122  1 sold Avg price $95,000  Avg rent $895 

38128 7 sold  Avg price $92,785  Avg rent $902

38141 6 sold  Avg price $104,583  Avg rent $987

38053  1 sold Avg price $109,900  Avg rent $995

38134  3 sold  Avg price $103,233  Avg rent $998

38135  1 sold  Avg price $114,900  Avg rent $1,050

Southaven MS 1 sold  Avg price $83,450  Avg rent $850

Horn Lake MS  1 sold  Avg price $129,900  Avg rent $1,250

-------------------------------------------------------------------

Not included in the data above we helped sell a total of 6 homes for past investors.

  • Curt Davis

Loading replies...