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 50+ datapoints.
Memphis, TN Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-8.8%
Median Cashflow
-$430/mo
Avg Rent Estimate
$1,960/mo
Avg Price
$297,548
Price Range
$67,000 - $565,000
Rent to Price
0.66%
low ratio
Positive Cashflow
7%
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 4.3%, 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 50+ analyzed properties, the median monthly cashflow in Memphis, TN is -$430 with average rents of $1,960/month. Properties range from $67,000 to $565,000, offering entry points across multiple investment budgets.
Memphis, TN Rental Market Insights
- •Median cashflow is -$430/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Memphis, TN requires selective property picks
- •Mid-to-upper tier market with properties from $67,000 to $565,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs