REI Lense

REI Lense

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 20+ datapoints.

Morristown, TN Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

5.4%

Avg Cash on Cash

-4.8%

Median Cashflow

-$213/mo

Avg Rent Estimate

$2,168/mo

Avg Price

$328,104

Price Range

$109,000 - $449,900

Rent to Price

0.66%

low ratio

Positive Cashflow

16%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Morristown, TN

Morristown, TN is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 5.4% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 20+ analyzed properties, the median monthly cashflow in Morristown, TN is -$213 with average rents of $2,168/month. Properties range from $109,000 to $449,900, offering entry points across multiple investment budgets.

2686 Lakemont Cir, Morristown, TN 37814

Price

$291,800

Rent

$2,514

CachFlow

$200

CoC

3.92

Full Analysis

1310 Cherokee Dr, Morristown, TN 37814

Price

$229,700

Rent

$1,695

CachFlow

-$109

CoC

-2.71

Full Analysis

1515 Tyler Cir, Morristown, TN 37814

Price

$254,900

Rent

$1,856

CachFlow

-$70

CoC

-1.57

Full Analysis

2130 Orchard St, Morristown, TN 37814

Price

$259,900

Rent

$1,846

CachFlow

-$88

CoC

-1.93

Full Analysis

2050 Highview Dr, Morristown, TN 37813

Price

$245,000

Rent

$1,734

CachFlow

-$134

CoC

-3.13

Full Analysis
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Morristown, TN Rental Market Insights

  • Median cashflow is -$213/month — careful deal selection is essential here
  • 5.4% median cap rate reflects a balanced risk-return profile
  • At 16% positive cashflow rate, Morristown, TN requires selective property picks
  • Moderately priced market with properties from $109,000 to $449,900
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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