Is Altamont, TN a good place to invest in rental property?

Altamont, TN has a median modeled monthly cash flow of $-1,138 and a median cap rate of 1.5%, on a median sold price of $129,950. Prices changed +14.2% year over year.

What is the average cap rate in Altamont, TN?

The median cap rate across recently sold homes in Altamont, TN is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Altamont, TN?

The median sold price in Altamont, TN is $129,950 (about $182 per square foot).

Investing in Altamont, TN Real Estate

A data-driven snapshot of the Altamont, TN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$129,950Median sold price

$182Median $/sqft

1.5%Median cap rate

$-1,138Modeled cash flow / mo

+14.2%Appreciation YoY

5.7Months of supply

18Active listings

38Sold (last 12 mo)

What the Altamont numbers say

In Altamont, TN, the median home sold for $129,950 (about $182 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,138 of monthly cash flow. Sold prices moved +14.2% over the past year. Inventory sits at about 5.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Tennessee markets to compare

See Altamont cash-flowing listings

CashFlowRE ranks every for-sale home in Altamont, TN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Altamont deals, or browse the national market data.