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 15+ datapoints.

Morristown, TN Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

5%

Avg Cash on Cash

-4.8%

Median Cashflow

-$279/mo

Avg Rent Estimate

$2,107/mo

Avg Price

$331,261

Price Range

$109,000 - $439,200

Rent to Price

0.64%

low ratio

Positive Cashflow

28%

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 15+ properties analyzed, early data shows the market is developing. The median cap rate of 5% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in Morristown, TN is -$279 with average rents of $2,107/month. Properties range from $109,000 to $439,200, offering entry points across multiple investment budgets.

1821 Russell St, Morristown, TN 37813

Price

$342,800

Rent

$2,447

CachFlow

-$201

CoC

-3.35

Full Analysis

1932 Deer Ridge Dr, Morristown, TN 37814

Price

$323,200

Rent

$2,319

CachFlow

-$102

CoC

-1.8

Full Analysis

3499 Cherokee Dr, Morristown, TN 37814

Price

$392,200

Rent

$1,959

CachFlow

-$723

CoC

-10.53

Full Analysis

1132 Liberty Hall Dr, Morristown, TN 37813

Price

$272,600

Rent

$1,754

CachFlow

-$294

CoC

-6.16

Full Analysis

681 Benjamin Blvd, Morristown, TN 37814

Price

$343,800

Rent

$2,072

CachFlow

-$399

CoC

-6.63

Full Analysis
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Morristown, TN Rental Market Insights

  • Median cashflow is -$279/month — careful deal selection is essential here
  • 5% median cap rate reflects a balanced risk-return profile
  • At 28% positive cashflow rate, Morristown, TN requires selective property picks
  • Moderately priced market with properties from $109,000 to $439,200
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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