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

Smyrna, TN has a median modeled monthly cash flow of $-1,211 and a median cap rate of 3.1%, on a median sold price of $406,000. Prices changed -1.4% year over year.

What is the average cap rate in Smyrna, TN?

The median cap rate across recently sold homes in Smyrna, TN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Smyrna, TN?

The median sold price in Smyrna, TN is $406,000 (about $214 per square foot).

Investing in Smyrna, TN Real Estate

A data-driven snapshot of the Smyrna, 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.

$406,000Median sold price

$214Median $/sqft

3.1%Median cap rate

$-1,211Modeled cash flow / mo

-1.4%Appreciation YoY

12.1Months of supply

975Active listings

967Sold (last 12 mo)

What the Smyrna numbers say

In Smyrna, TN, the median home sold for $406,000 (about $214 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,211 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 12.1 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 Smyrna cash-flowing listings

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