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

Shelbyville, TN has a median modeled monthly cash flow of $-725 and a median cap rate of 3.6%, on a median sold price of $315,000. Prices changed +0.5% year over year.

What is the average cap rate in Shelbyville, TN?

The median cap rate across recently sold homes in Shelbyville, TN is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shelbyville, TN?

The median sold price in Shelbyville, TN is $315,000 (about $202 per square foot).

Investing in Shelbyville, TN Real Estate

A data-driven snapshot of the Shelbyville, 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.

$315,000Median sold price

$202Median $/sqft

3.6%Median cap rate

$-725Modeled cash flow / mo

+0.5%Appreciation YoY

7.8Months of supply

316Active listings

488Sold (last 12 mo)

What the Shelbyville numbers say

In Shelbyville, TN, the median home sold for $315,000 (about $202 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-725 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 7.8 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 Shelbyville cash-flowing listings

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