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

Petersburg, TN has a median modeled monthly cash flow of $-1,105 and a median cap rate of 2.3%, on a median sold price of $296,310. Prices changed -0.5% year over year.

What is the average cap rate in Petersburg, TN?

The median cap rate across recently sold homes in Petersburg, TN is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Petersburg, TN?

The median sold price in Petersburg, TN is $296,310 (about $202 per square foot).

Investing in Petersburg, TN Real Estate

A data-driven snapshot of the Petersburg, 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.

$296,310Median sold price

$202Median $/sqft

2.3%Median cap rate

$-1,105Modeled cash flow / mo

-0.5%Appreciation YoY

5.3Months of supply

25Active listings

57Sold (last 12 mo)

What the Petersburg numbers say

In Petersburg, TN, the median home sold for $296,310 (about $202 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,105 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 5.3 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 Petersburg cash-flowing listings

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