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

Spurgeon, TN has a median modeled monthly cash flow of $-1,040 and a median cap rate of 3.2%, on a median sold price of $334,000. Prices changed -3.5% year over year.

What is the average cap rate in Spurgeon, TN?

The median cap rate across recently sold homes in Spurgeon, TN is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spurgeon, TN?

The median sold price in Spurgeon, TN is $334,000 (about $177 per square foot).

Investing in Spurgeon, TN Real Estate

A data-driven snapshot of the Spurgeon, 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.

$334,000Median sold price

$177Median $/sqft

3.2%Median cap rate

$-1,040Modeled cash flow / mo

-3.5%Appreciation YoY

5.9Months of supply

40Active listings

81Sold (last 12 mo)

What the Spurgeon numbers say

In Spurgeon, TN, the median home sold for $334,000 (about $177 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,040 of monthly cash flow. Sold prices moved -3.5% over the past year. Inventory sits at about 5.9 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 Spurgeon cash-flowing listings

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