Cookeville, TN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Cookeville, TN. Based on 20+ datapoints.
Cookeville, TN Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.4%
Avg Cash on Cash
-11.9%
Median Cashflow
-$705/mo
Avg Rent Estimate
$1,984/mo
Avg Price
$376,743
Price Range
$225K – $600K
approximate
Rent to Price
0.53%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Cookeville, TN
Cookeville, TN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 20+ analyzed properties, the median monthly cashflow in Cookeville, TN is -$705 with average rents of $1,984/month. Properties are priced about $225,000 to $600,000, offering entry points across multiple investment budgets.
3901 Walnut Grove Rd, Cookeville, TN 38506
Price
$351,600
Rent
$1,581
CachFlow
-$979
CoC
-15.91
Cookeville, TN Rental Market Insights
- Median cashflow is -$705/month — careful deal selection is essential here
- 4.4% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Cookeville, TN requires selective property picks
- Mid-to-upper tier market with properties priced about $225,000 to $600,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs