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

East Ridge, TN has a median modeled monthly cash flow of $-613 and a median cap rate of 3.8%, on a median sold price of $281,000. Prices changed -2.6% year over year.

What is the average cap rate in East Ridge, TN?

The median cap rate across recently sold homes in East Ridge, TN is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Ridge, TN?

The median sold price in East Ridge, TN is $281,000 (about $184 per square foot).

Investing in East Ridge, TN Real Estate

A data-driven snapshot of the East Ridge, 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.

$281,000Median sold price

$184Median $/sqft

3.8%Median cap rate

$-613Modeled cash flow / mo

-2.6%Appreciation YoY

9.4Months of supply

226Active listings

289Sold (last 12 mo)

What the East Ridge numbers say

In East Ridge, TN, the median home sold for $281,000 (about $184 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-613 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 9.4 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 East Ridge cash-flowing listings

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