REI Nation - Turnkey Real Estate Investing

Transformation Tuesday: Steady Returns in the Memphis Market

Written by Chris Clothier | Tue, Jun 10, 2025

At REI Nation, we turn potential into performance—and this week’s spotlight is a beautifully renovated 3-bedroom, 3-bath home in Memphis, TN. Located at 5000 South Woodberry Cove, this 1,798 sq. ft. property, built in 1986, features a 1-car garage and thoughtful updates throughout. It’s ideally positioned to deliver reliable returns in a strong, stable market.

The Rehab Breakdown

Our final renovation budget totaled just over $52,000, with improvements carefully selected to enhance both function and appeal.

Key updates included:

  • Cosmetic improvements throughout to modernize and refresh the space

  • Roof replacement to protect the home for years to come

  • Electrical upgrades and HVAC work to ensure energy efficiency and reliability

  • Flooring replacement for a clean, updated interior

  • Yard cleanup and landscaping to elevate curb appeal

  • Deep cleaning and prep work for a truly move-in-ready experience

Even with some areas requiring more attention than expected, the project stayed on budget and resulted in a fully renovated home ready to attract quality residents and generate lasting value.

See the transformation for yourself:

Why Invest in Memphis?

Memphis continues to stand out as a market built on stability and strong rental demand. With affordable home prices, high occupancy rates, and consistent appreciation, it’s an ideal city for investors focused on steady, long-term growth.

Here’s why investors are choosing Memphis:

  • A growing, rental-friendly population

  • One of the highest rent-to-value ratios in the U.S.

  • Affordable entry points for new and seasoned investors alike

Whether you’re adding to your portfolio or looking for your first investment, this Memphis property — and others like it — offer an excellent opportunity to build sustainable wealth through turnkey real estate.

Want to learn more? Schedule a call today to explore this property and others currently available.

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