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

Oak Ridge, TN has a median modeled monthly cash flow of $-980 and a median cap rate of 3.4%, on a median sold price of $368,600. Prices changed +1.1% year over year.

What is the average cap rate in Oak Ridge, TN?

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

What is the median home price in Oak Ridge, TN?

The median sold price in Oak Ridge, TN is $368,600 (about $190 per square foot).

Investing in Oak Ridge, TN Real Estate

A data-driven snapshot of the Oak Ridge, 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.

$368,600Median sold price

$190Median $/sqft

3.4%Median cap rate

$-980Modeled cash flow / mo

+1.1%Appreciation YoY

5.1Months of supply

301Active listings

713Sold (last 12 mo)

What the Oak Ridge numbers say

In Oak Ridge, TN, the median home sold for $368,600 (about $190 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-980 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 5.1 months of supply. 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 Oak Ridge cash-flowing listings

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