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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

5.5%

Avg Cash on Cash

-4.3%

Median Cashflow

-$224/mo

Avg Rent Estimate

$1,616/mo

Avg Price

$222,331

Price Range

$74,900 - $489,700

Rent to Price

0.73%

low ratio

Positive Cashflow

29%

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 5.5% cap rate combined with -4.3% 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 -$224 with average rents of $1,616/month. Properties range from $74,900 to $489,700, offering entry points across multiple investment budgets.

4368 Gardenview Dr, Memphis, TN 38116

Price

$156,900

Rent

$1,025

CachFlow

-$283

CoC

-10.31

Full Analysis

6904 Aspenhill Dr, Memphis, TN 38135

Price

$259,900

Rent

$1,847

CachFlow

-$329

CoC

-7.23

Full Analysis

2512 Derbyshire Ave, Memphis, TN 38127

Price

$163,300

Rent

$1,234

CachFlow

-$162

CoC

-5.67

Full Analysis

1755 Dorrie Ln, Memphis, TN 38117

Price

$186,600

Rent

$1,419

CachFlow

-$178

CoC

-5.45

Full Analysis

4350 W Hunters Glen St, Memphis, TN 38128

Price

$169,900

Rent

$1,605

CachFlow

-$36

CoC

-1.21

Full Analysis
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Memphis, TN Rental Market Insights

  • Median cashflow is -$224/month — careful deal selection is essential here
  • 5.5% median cap rate reflects a balanced risk-return profile
  • At 29% positive cashflow rate, Memphis, TN requires selective property picks
  • Moderately priced market with properties from $74,900 to $489,700

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