Millington, TN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Millington, TN. Based on 10+ datapoints.
Millington, TN Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-8.8%
Median Cashflow
-$516/mo
Avg Rent Estimate
$2,047/mo
Avg Price
$345,700
Price Range
$199,900 - $528,400
Rent to Price
0.59%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Millington, TN
Millington, TN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, 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 10+ analyzed properties, the median monthly cashflow in Millington, TN is -$516 with average rents of $2,047/month. Properties range from $199,900 to $528,400, offering entry points across multiple investment budgets.
7591 Kerrville Rosemark Rd, Millington, TN 38053
Price
$473,100
Rent
$2,333
CachFlow
-$1,052
CoC
-12.71
Millington, TN Rental Market Insights
- •Median cashflow is -$516/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Millington, TN requires selective property picks
- •Mid-to-upper tier market with properties from $199,900 to $528,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs