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
5.7%
Avg Cash on Cash
-4.7%
Median Cashflow
-$207/mo
Avg Rent Estimate
$2,408/mo
Avg Price
$345,966
Price Range
$109,000 - $538,400
Rent to Price
0.7%
low ratio
Positive Cashflow
21%
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 5.7% cap rate combined with -4.7% 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 -$207 with average rents of $2,408/month. Properties range from $109,000 to $538,400, offering entry points across multiple investment budgets.
1545 Seven Oaks Dr, Morristown, TN 37814
Price
$501,400
Rent
$2,452
CachFlow
-$1,049
CoC
-11.96
Morristown, TN Rental Market Insights
- •Median cashflow is -$207/month — careful deal selection is essential here
- •5.7% median cap rate reflects a balanced risk-return profile
- •At 21% positive cashflow rate, Morristown, TN requires selective property picks
- •Mid-to-upper tier market with properties from $109,000 to $538,400