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REI Lense

Memphis, TN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Memphis, TN. Based on 200+ datapoints.

Memphis, TN Long-Term Rental Investment Snapshot

Based on 200+ long-term rental datapoints

Median Cap Rate

5.2%

Avg Cash on Cash

-5.3%

Median Cashflow

-$204/mo

Avg Rent Estimate

$1,590/mo

Avg Price

$223,320

Price Range

$55,000 - $507,400

Rent to Price

0.71%

low ratio

Positive Cashflow

26%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Memphis, TN

Memphis, TN presents a balanced long-term rental investment profile across 200+ analyzed datapoints. A median 5.2% cap rate combined with -5.3% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.

Based on 200+ analyzed properties, the median monthly cashflow in Memphis, TN is -$204 with average rents of $1,590/month. Properties range from $55,000 to $507,400, offering entry points across multiple investment budgets.

5115 Aureen Dr, Memphis, TN 38109

Price

$157,200

Rent

$1,116

CachFlow

-$196

CoC

-7.12

Full Analysis

1744 Goodhaven Dr, Memphis, TN 38116

Price

$203,400

Rent

$1,535

CachFlow

-$204

CoC

-5.73

Full Analysis

2937 Brandale St, Memphis, TN 38118

Price

$90,900

Rent

$1,282

CachFlow

$313

CoC

19.68

Full Analysis

3996 Canterbury Dr, Memphis, TN 38122

Price

$162,500

Rent

$1,557

CachFlow

-$2

CoC

-0.07

Full Analysis

2783 Van Der Veer Dr, Memphis, TN 38133

Price

$192,700

Rent

$1,599

CachFlow

-$100

CoC

-2.97

Full Analysis
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Memphis, TN Rental Market Insights

  • Median cashflow is -$204/month — careful deal selection is essential here
  • 5.2% median cap rate reflects a balanced risk-return profile
  • At 26% positive cashflow rate, Memphis, TN requires selective property picks
  • Moderately priced market with properties from $55,000 to $507,400

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