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 150+ datapoints.
Memphis, TN Long-Term Rental Investment Snapshot
Based on 150+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-6.6%
Median Cashflow
-$259/mo
Avg Rent Estimate
$1,660/mo
Avg Price
$242,064
Price Range
$55,000 - $527,200
Rent to Price
0.69%
low ratio
Positive Cashflow
21%
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 4.9%, 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 150+ analyzed properties, the median monthly cashflow in Memphis, TN is -$259 with average rents of $1,660/month. Properties range from $55,000 to $527,200, offering entry points across multiple investment budgets.
Memphis, TN Rental Market Insights
- •Median cashflow is -$259/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 21% positive cashflow rate, Memphis, TN requires selective property picks
- •Moderately priced market with properties from $55,000 to $527,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs