Johnson City, TN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Johnson City, TN. Based on 40+ datapoints.
Johnson City, TN Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-11.2%
Median Cashflow
-$652/mo
Avg Rent Estimate
$2,050/mo
Avg Price
$366,797
Price Range
$230,000 - $605,900
Rent to Price
0.56%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Johnson City, TN
Johnson City, TN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, 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 40+ analyzed properties, the median monthly cashflow in Johnson City, TN is -$652 with average rents of $2,050/month. Properties range from $230,000 to $605,900, offering entry points across multiple investment budgets.
1005 Phillip Drew Dr, Johnson City, TN 37604
Price
$318,600
Rent
$2,330
CachFlow
-$109
CoC
-1.95
359 Carroll Creek Rd, Johnson City, TN 37601
Price
$1,769,800
Rent
$3,136
CachFlow
-$7,743
CoC
-25
Johnson City, TN Rental Market Insights
- •Median cashflow is -$652/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Johnson City, TN requires selective property picks
- •Mid-to-upper tier market with properties from $230,000 to $605,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs