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

Gray, TN has a median modeled monthly cash flow of $-545 and a median cap rate of 4.3%, on a median sold price of $367,000. Prices changed +6.9% year over year.

What is the average cap rate in Gray, TN?

The median cap rate across recently sold homes in Gray, TN is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gray, TN?

The median sold price in Gray, TN is $367,000 (about $202 per square foot).

Investing in Gray, TN Real Estate

A data-driven snapshot of the Gray, 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.

$367,000Median sold price

$202Median $/sqft

4.3%Median cap rate

$-545Modeled cash flow / mo

+6.9%Appreciation YoY

3.9Months of supply

13Active listings

40Sold (last 12 mo)

What the Gray numbers say

In Gray, TN, the median home sold for $367,000 (about $202 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-545 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 3.9 months of supply — a tight, seller-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 Gray cash-flowing listings

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