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

Mt Pleasant, TN has a median modeled monthly cash flow of $-1,743 and a median cap rate of 1.6%, on a median sold price of $400,500. Prices changed -9.6% year over year.

What is the average cap rate in Mt Pleasant, TN?

The median cap rate across recently sold homes in Mt Pleasant, TN is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mt Pleasant, TN?

The median sold price in Mt Pleasant, TN is $400,500 (about $225 per square foot).

Investing in Mt Pleasant, TN Real Estate

A data-driven snapshot of the Mt Pleasant, 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.

$400,500Median sold price

$225Median $/sqft

1.6%Median cap rate

$-1,743Modeled cash flow / mo

-9.6%Appreciation YoY

12.0Months of supply

38Active listings

38Sold (last 12 mo)

What the Mt Pleasant numbers say

In Mt Pleasant, TN, the median home sold for $400,500 (about $225 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-1,743 of monthly cash flow. Sold prices moved -9.6% over the past year. Inventory sits at about 12.0 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 Mt Pleasant cash-flowing listings

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