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

Milan, TN has a median modeled monthly cash flow of $-509 and a median cap rate of 3.4%, on a median sold price of $211,000. Prices changed +3.2% year over year.

What is the average cap rate in Milan, TN?

The median cap rate across recently sold homes in Milan, TN is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Milan, TN?

The median sold price in Milan, TN is $211,000 (about $146 per square foot).

Investing in Milan, TN Real Estate

A data-driven snapshot of the Milan, 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.

$211,000Median sold price

$146Median $/sqft

3.4%Median cap rate

$-509Modeled cash flow / mo

+3.2%Appreciation YoY

8.7Months of supply

97Active listings

134Sold (last 12 mo)

What the Milan numbers say

In Milan, TN, the median home sold for $211,000 (about $146 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-509 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 8.7 months of supply — a looser, buyer-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 Milan cash-flowing listings

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