Morristown, TN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Morristown, TN. Based on 30+ datapoints.
Morristown, TN Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-9.5%
Median Cashflow
-$588/mo
Avg Rent Estimate
$2,003/mo
Avg Price
$343,234
Price Range
$200K – $500K
approximate
Rent to Price
0.58%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Morristown, TN
Morristown, TN presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 4.7% cap rate combined with -9.5% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.
Based on 30+ analyzed properties, the median monthly cashflow in Morristown, TN is -$588 with average rents of $2,003/month. Properties are priced about $200,000 to $500,000, offering entry points across multiple investment budgets.
3251 Copper Ridge Rd, Morristown, TN 37814
Price
$261,400
Rent
$1,546
CachFlow
-$480
CoC
-10.49
Morristown, TN Rental Market Insights
- Median cashflow is -$588/month — careful deal selection is essential here
- 4.7% median cap rate is typical of appreciation-focused markets
- At 6% positive cashflow rate, Morristown, TN requires selective property picks
- Mid-to-upper tier market with properties priced about $200,000 to $500,000