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

Newport, TN has a median modeled monthly cash flow of $-898 and a median cap rate of 2.9%, on a median sold price of $232,800. Prices changed -3.5% year over year.

What is the average cap rate in Newport, TN?

The median cap rate across recently sold homes in Newport, TN is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Newport, TN?

The median sold price in Newport, TN is $232,800 (about $192 per square foot).

Investing in Newport, TN Real Estate

A data-driven snapshot of the Newport, 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.

$232,800Median sold price

$192Median $/sqft

2.9%Median cap rate

$-898Modeled cash flow / mo

-3.5%Appreciation YoY

9.4Months of supply

175Active listings

223Sold (last 12 mo)

What the Newport numbers say

In Newport, TN, the median home sold for $232,800 (about $192 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-898 of monthly cash flow. Sold prices moved -3.5% over the past year. Inventory sits at about 9.4 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 Newport cash-flowing listings

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