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

East Ridge, TN has a median modeled monthly cash flow of $-612 and a median cap rate of 3.8%, on a median sold price of $269,999. Prices changed +1.6% 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 $269,999 (about $186 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.

$269,999Median sold price

$186Median $/sqft

3.8%Median cap rate

$-612Modeled cash flow / mo

+1.6%Appreciation YoY

17.0Months of supply

171Active listings

121Sold (last 12 mo)

What the East Ridge numbers say

In East Ridge, TN, the median home sold for $269,999 (about $186 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-612 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 17.0 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.