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

Lakeland, TN has a median modeled monthly cash flow of $-1,023 and a median cap rate of 3.9%, on a median sold price of $487,450. Prices changed -4.1% year over year.

What is the average cap rate in Lakeland, TN?

The median cap rate across recently sold homes in Lakeland, TN is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lakeland, TN?

The median sold price in Lakeland, TN is $487,450 (about $165 per square foot).

Investing in Lakeland, TN Real Estate

A data-driven snapshot of the Lakeland, 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.

$487,450Median sold price

$165Median $/sqft

3.9%Median cap rate

$-1,023Modeled cash flow / mo

-4.1%Appreciation YoY

0.2Months of supply

4Active listings

218Sold (last 12 mo)

What the Lakeland numbers say

In Lakeland, TN, the median home sold for $487,450 (about $165 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-1,023 of monthly cash flow. Sold prices moved -4.1% over the past year. Inventory sits at about 0.2 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 Lakeland cash-flowing listings

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