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

Johnson City, TN has a median modeled monthly cash flow of $-989 and a median cap rate of 3.1%, on a median sold price of $353,165. Prices changed +0.5% year over year.

What is the average cap rate in Johnson City, TN?

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

What is the median home price in Johnson City, TN?

The median sold price in Johnson City, TN is $353,165 (about $187 per square foot).

Investing in Johnson City, TN Real Estate

A data-driven snapshot of the Johnson City, 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.

$353,165Median sold price

$187Median $/sqft

3.1%Median cap rate

$-989Modeled cash flow / mo

+0.5%Appreciation YoY

5.5Months of supply

686Active listings

1,497Sold (last 12 mo)

What the Johnson City numbers say

In Johnson City, TN, the median home sold for $353,165 (about $187 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-989 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 5.5 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 Johnson City cash-flowing listings

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