Back to City Analysis

Millington, TN | City Real Estate Market Analysis

Millington, Shelby County, Tennessee
City Analysis Real Estate Market TN Shelby County
Millington
Market Insight

Millington, TN Investment Potential Analysis

Market analysis for Millington, TN will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Millington.
0.85%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$49,063
Avg. Household Income
💵 Average annual household income in the area.
10,969
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Millington, TN Real Estate Market Property Overview

  • Real estate market overview for Millington, TN, Shelby County
  • Population of 10,969
  • Average household income of $49,063
  • Property tax rate of 0.85%
  • Median resident age of 36.30

Property Details

City Millington State Tennessee
County Shelby Country USA
Population 10,969 Median Age 36.30
Avg. Household Income $49,063 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 0.85%
Top Industries N/A Economic Overview N/A
Coordinates 35.3350, -89.8991 Properties Listed 0

Model investment returns using Millington, TN market data as defaults

25%
5.0%
30 years
0.85%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

Calculating...

💵Cash on Cash Return

Calculating...

🚀Internal Rate of Return

Calculating...

🏛️Property Tax Analysis

Calculating...

* Calculations use Millington, TN median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Millington, TN Income Property

Key questions for informed investment decisions

What's the overall investment potential of Millington, TN, considering its demographics and economy? +
Millington's median household income of $49,063, combined with a poverty rate of 18.8% and a high health insurance coverage rate of 89.3%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Public Administration and Finance & Insurance, indicate a diverse economy, while the 25.5-minute average commute time and high rate of drove alone commutes suggest convenient transportation options.
How does the city's ethnic diversity and industry mix impact the real estate market? +
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community, while the top industries, including Professional, Scientific, & Management, and Real Estate & Rental & Leasing, drive demand for housing. The median property value of $132,900 and median property taxes of $2,301 indicate relatively affordable housing options, making Millington an attractive choice for investors.
What are the implications of Millington's poverty rate and health insurance coverage for real estate investors? +
The 18.8% poverty rate, although relatively high, is mitigated by the 89.3% health insurance coverage rate, suggesting that many residents have access to employment opportunities and healthcare, which can contribute to a more stable tenant base. Additionally, the employed population of 4,772 and a GINI coefficient of 0.396 indicate a relatively balanced income distribution, which can support a stable rental market.
How do commute times and transportation options affect the quality of life and attractiveness of Millington for renters? +
The average commute time of 25.5 minutes, combined with the top commute methods of drove alone, carpooled, and worked at home, suggests that residents have convenient access to employment opportunities and can easily navigate the city. This, in turn, can increase the attractiveness of Millington for renters, supporting a stable and potentially growing rental market, with a homeownership rate of 57.6% indicating a balanced mix of owned and rented properties.
What insights can be gained from Millington's median age, population, and foreign-born rate for real estate investment strategies? +
The median age of 36.3 and a population of 10,969 suggest a relatively small, yet stable, community, while the lack of data on foreign-born rate may indicate a relatively homogeneous population. However, the city's diversity in top ethnicities and industries can still support a vibrant community, and investors may consider targeting specific demographics or industries to capitalize on the local market's unique characteristics and needs.
What are some of the best neighborhoods to live in Millington? +
Some of the best neighborhoods to live in Millington, TN are Whippoorwill Estates, Atoka, and Munford. These neighborhoods are known for their peaceful and friendly atmosphere, spacious homes, and well-kept yards. Additionally, areas like Collierville and Lakeland are also popular choices for those looking to live in the Millington area.
What are some fun things to do in Millington? +
There are plenty of fun things to do in Millington, TN. You can visit the Memphis International Raceway, explore the Meeman-Shelby Forest State Park, or check out the Old Millington Winery. The city also has a variety of attractions like the Playhouse 51 and the Pink Palace Museum. For outdoor enthusiasts, there's the Millington Golf course and the National Civil Rights Museum.
What is the food scene like in Millington? +
The food scene in Millington, TN is a mix of traditional Southern cuisine and modern restaurants. You can find great BBQ at places like Pig-n-whistle BBQ, or try some Italian food at Harry's Italian Restaurant. There are also plenty of great food trucks and casual dining spots like Pops Bar & Grill. For a unique experience, you can visit the Coastal Fish Company or the Porch & Parlor Prime Steakhouse.
What are the pros and cons of living in Millington? +
The pros of living in Millington, TN include its small-town feel, affordable housing, and easy access to Memphis. However, some cons include the limited job opportunities and a higher poverty rate compared to other suburbs. Additionally, the city's infrastructure and public transportation system could be improved. Overall, Millington is a great choice for those looking for a quiet and affordable place to live with a strong sense of community.
Is Millington a good place to live? +
Millington, TN can be a good place to live for those who value a small-town atmosphere and a strong sense of community. While it may have its drawbacks, the city offers a unique blend of rural and urban living, with plenty of opportunities for outdoor recreation and cultural experiences. Ultimately, whether Millington is a good place to live depends on your individual preferences and priorities. If you're looking for a quiet and affordable place to call home with easy access to Memphis, Millington might be worth considering.

Things Near Millington, TN

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Millington

Millington, TN is a city that tends to attract investors looking for a mix of affordability and potential for growth. With a population of 10,969 and a median age of 36.3, this market has a relatively stable demographic. The median household income of $49,063 is moderate, but the 18.8% poverty rate suggests some risk and potential challenges for investors. On the other hand, the top industries in the area, including Public Administration and Professional, Scientific, & Management, & Administrative & Waste Management Services, provide a diverse range of employment opportunities. The average commute time of 25.5 minutes is relatively short, and the fact that 89.3% of the population has health insurance coverage indicates a relatively high quality of life. The city's ethnic diversity, with 36.2% White, 34.6% White Non-Hispanic, and 17.1% Black, also suggests a vibrant and inclusive community. However, the GINI coefficient of 0.396 indicates some income inequality, which could impact investment decisions. Overall, Millington, TN presents a complex investment landscape with both opportunities and challenges, and investors should carefully consider these factors before making a decision. The city's relatively low median property value of $132,900 and median property taxes of $2,301 could make it an attractive option for investors looking for affordable properties, but the 57.6% homeownership rate suggests that the rental market may be relatively small.

Population 10,969
Median Age 36.30
Avg. Household Income $49,063
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials