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

Cookeville, TN has a median modeled monthly cash flow of $-991 and a median cap rate of 3.1%, on a median sold price of $346,000. Prices changed -2.0% year over year.

What is the average cap rate in Cookeville, TN?

The median cap rate across recently sold homes in Cookeville, TN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cookeville, TN?

The median sold price in Cookeville, TN is $346,000 (about $193 per square foot).

Investing in Cookeville, TN Real Estate

A data-driven snapshot of the Cookeville, 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.

$346,000Median sold price

$193Median $/sqft

3.1%Median cap rate

$-991Modeled cash flow / mo

-2.0%Appreciation YoY

7.7Months of supply

489Active listings

759Sold (last 12 mo)

What the Cookeville numbers say

In Cookeville, TN, the median home sold for $346,000 (about $193 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-991 of monthly cash flow. Sold prices moved -2.0% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. 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 Cookeville cash-flowing listings

CashFlowRE ranks every for-sale home in Cookeville, 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 Cookeville deals, or browse the national market data.