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 75+ datapoints.
Memphis, TN Long-Term Rental Investment Snapshot
Based on 75+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-6.7%
Median Cashflow
-$298/mo
Avg Rent Estimate
$1,821/mo
Avg Price
$260,932
Price Range
$67,000 - $527,200
Rent to Price
0.7%
low ratio
Positive Cashflow
17%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Memphis, TN
Memphis, TN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.8%, typical of moderately priced markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 75+ analyzed properties, the median monthly cashflow in Memphis, TN is -$298 with average rents of $1,821/month. Properties range from $67,000 to $527,200, offering entry points across multiple investment budgets.
Memphis, TN Rental Market Insights
- •Median cashflow is -$298/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, Memphis, TN requires selective property picks
- •Moderately priced market with properties from $67,000 to $527,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs