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

Michie, TN has a median modeled monthly cash flow of $-2,083 and a median cap rate of 0.5%, on a median sold price of $184,000. Prices changed -27.1% year over year.

What is the average cap rate in Michie, TN?

The median cap rate across recently sold homes in Michie, TN is 0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Michie, TN?

The median sold price in Michie, TN is $184,000 (about $113 per square foot).

Investing in Michie, TN Real Estate

A data-driven snapshot of the Michie, 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.

$184,000Median sold price

$113Median $/sqft

0.5%Median cap rate

$-2,083Modeled cash flow / mo

-27.1%Appreciation YoY

3.6Months of supply

10Active listings

33Sold (last 12 mo)

What the Michie numbers say

In Michie, TN, the median home sold for $184,000 (about $113 per square foot), and the typical deal models out to a 0.5% cap rate with a median $-2,083 of monthly cash flow. Sold prices moved -27.1% over the past year. Inventory sits at about 3.6 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 Michie cash-flowing listings

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