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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

5.3%

Avg Cash on Cash

-5%

Median Cashflow

-$196/mo

Avg Rent Estimate

$1,543/mo

Avg Price

$217,197

Price Range

$55,000 - $469,600

Rent to Price

0.71%

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 5.3% cap rate combined with -5% 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 -$196 with average rents of $1,543/month. Properties range from $55,000 to $469,600, offering entry points across multiple investment budgets.

3725 Spottswood Ave, Memphis, TN 38111

Price

$229,999

Rent

$1,866

CachFlow

-$284

CoC

-7.06

Full Analysis

4885 Lynbar Ave, Memphis, TN 38117

Price

$354,900

Rent

$2,315

CachFlow

-$571

CoC

-9.19

Full Analysis

3390 Covington Pike, Memphis, TN 38128

Price

$200,000

Rent

$1,443

CachFlow

-$296

CoC

-8.46

Full Analysis

6209 Ridgeline Dr, Memphis, TN 38115

Price

$161,300

Rent

$1,322

CachFlow

-$126

CoC

-4.46

Full Analysis

758 Buck St, Memphis, TN 38111

Price

$183,000

Rent

$1,335

CachFlow

-$253

CoC

-7.9

Full Analysis
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Memphis, TN Rental Market Insights

  • Median cashflow is -$196/month — careful deal selection is essential here
  • 5.3% 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 $55,000 to $469,600

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