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

Manchester, TN has a median modeled monthly cash flow of $-900 and a median cap rate of 3.1%, on a median sold price of $316,495. Prices changed +0.0% year over year.

What is the average cap rate in Manchester, TN?

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

What is the median home price in Manchester, TN?

The median sold price in Manchester, TN is $316,495 (about $203 per square foot).

Investing in Manchester, TN Real Estate

A data-driven snapshot of the Manchester, 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.

$316,495Median sold price

$203Median $/sqft

3.1%Median cap rate

$-900Modeled cash flow / mo

+0.0%Appreciation YoY

6.0Months of supply

183Active listings

364Sold (last 12 mo)

What the Manchester numbers say

In Manchester, TN, the median home sold for $316,495 (about $203 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-900 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.0 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 Manchester cash-flowing listings

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