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

Parrottsville, TN has a median modeled monthly cash flow of $-1,533 and a median cap rate of 1.4%, on a median sold price of $172,500. Prices changed +2.0% year over year.

What is the average cap rate in Parrottsville, TN?

The median cap rate across recently sold homes in Parrottsville, TN is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Parrottsville, TN?

The median sold price in Parrottsville, TN is $172,500 (about $204 per square foot).

Investing in Parrottsville, TN Real Estate

A data-driven snapshot of the Parrottsville, 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.

$172,500Median sold price

$204Median $/sqft

1.4%Median cap rate

$-1,533Modeled cash flow / mo

+2.0%Appreciation YoY

5.0Months of supply

54Active listings

130Sold (last 12 mo)

What the Parrottsville numbers say

In Parrottsville, TN, the median home sold for $172,500 (about $204 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-1,533 of monthly cash flow. Sold prices moved +2.0% over the past year. Inventory sits at about 5.0 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 Parrottsville cash-flowing listings

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