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
5.1%
Avg Cash on Cash
-5.6%
Median Cashflow
-$329/mo
Avg Rent Estimate
$2,318/mo
Avg Price
$369,593
Price Range
$229,700 - $573,800
Rent to Price
0.63%
low ratio
Positive Cashflow
11%
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 5.1% 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 -$329 with average rents of $2,318/month. Properties range from $229,700 to $573,800, offering entry points across multiple investment budgets.
3150 Robinson Creek Rd, Morristown, TN 37813
Price
$365,700
Rent
$1,938
CachFlow
-$667
CoC
-10.42
400 E Donaldson Dr, Morristown, TN 37814
Price
$411,200
Rent
$1,851
CachFlow
-$1,046
CoC
-14.54
Morristown, TN Rental Market Insights
- •Median cashflow is -$329/month — careful deal selection is essential here
- •5.1% median cap rate reflects a balanced risk-return profile
- •At 11% positive cashflow rate, Morristown, TN requires selective property picks
- •Mid-to-upper tier market with properties from $229,700 to $573,800
- •Early-stage market data — revisit as more properties are analyzed for stronger signals