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

Millersville, TN has a median modeled monthly cash flow of $-576 and a median cap rate of 4.2%, on a median sold price of $349,950. Prices changed +3.1% year over year.

What is the average cap rate in Millersville, TN?

The median cap rate across recently sold homes in Millersville, TN is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millersville, TN?

The median sold price in Millersville, TN is $349,950 (about $216 per square foot).

Investing in Millersville, TN Real Estate

A data-driven snapshot of the Millersville, 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.

$349,950Median sold price

$216Median $/sqft

4.2%Median cap rate

$-576Modeled cash flow / mo

+3.1%Appreciation YoY

14.0Months of supply

114Active listings

98Sold (last 12 mo)

What the Millersville numbers say

In Millersville, TN, the median home sold for $349,950 (about $216 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-576 of monthly cash flow. Sold prices moved +3.1% over the past year. Inventory sits at about 14.0 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 Millersville cash-flowing listings

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