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

Henderson, TN has a median modeled monthly cash flow of $-636 and a median cap rate of 3.5%, on a median sold price of $223,500. Prices changed -4.1% year over year.

What is the average cap rate in Henderson, TN?

The median cap rate across recently sold homes in Henderson, TN is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Henderson, TN?

The median sold price in Henderson, TN is $223,500 (about $152 per square foot).

Investing in Henderson, TN Real Estate

A data-driven snapshot of the Henderson, 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.

$223,500Median sold price

$152Median $/sqft

3.5%Median cap rate

$-636Modeled cash flow / mo

-4.1%Appreciation YoY

6.4Months of supply

83Active listings

155Sold (last 12 mo)

What the Henderson numbers say

In Henderson, TN, the median home sold for $223,500 (about $152 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-636 of monthly cash flow. Sold prices moved -4.1% over the past year. Inventory sits at about 6.4 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 Henderson cash-flowing listings

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