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
-6.7%
Median Cashflow
-$511/mo
Avg Rent Estimate
$2,190/mo
Avg Price
$362,139
Price Range
$208,800 - $573,800
Rent to Price
0.6%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Morristown, TN
Morristown, TN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.7%, 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 30+ analyzed properties, the median monthly cashflow in Morristown, TN is -$511 with average rents of $2,190/month. Properties range from $208,800 to $573,800, offering entry points across multiple investment budgets.
3830 Copper Ridge Rd, Morristown, TN 37814
Price
$995,000
Rent
$1,823
CachFlow
-$4,185
CoC
-24.03
Morristown, TN Rental Market Insights
- •Median cashflow is -$511/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Morristown, TN requires selective property picks
- •Mid-to-upper tier market with properties from $208,800 to $573,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs