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 30+ datapoints.
Johnson City, TN Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-10.7%
Median Cashflow
-$628/mo
Avg Rent Estimate
$1,962/mo
Avg Price
$356,292
Price Range
$230,000 - $516,000
Rent to Price
0.55%
low ratio
Positive Cashflow
0%
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 4.1%, 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 30+ analyzed properties, the median monthly cashflow in Johnson City, TN is -$628 with average rents of $1,962/month. Properties range from $230,000 to $516,000, offering entry points across multiple investment budgets.
507 Steeplechase Dr, Johnson City, TN 37601
Price
$449,200
Rent
$1,913
CachFlow
-$1,278
CoC
-16.26
706 Hiwassee Hill Dr, Johnson City, TN 37601
Price
$283,000
Rent
$1,722
CachFlow
-$409
CoC
-8.26
Johnson City, TN Rental Market Insights
- •Median cashflow is -$628/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Johnson City, TN requires selective property picks
- •Mid-to-upper tier market with properties from $230,000 to $516,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs