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

Sullivan Gardens, TN has a median modeled monthly cash flow of $-413 and a median cap rate of 4.5%, on a median sold price of $217,900. Prices changed -3.3% year over year.

What is the average cap rate in Sullivan Gardens, TN?

The median cap rate across recently sold homes in Sullivan Gardens, TN is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sullivan Gardens, TN?

The median sold price in Sullivan Gardens, TN is $217,900 (about $147 per square foot).

Investing in Sullivan Gardens, TN Real Estate

A data-driven snapshot of the Sullivan Gardens, 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.

$217,900Median sold price

$147Median $/sqft

4.5%Median cap rate

$-413Modeled cash flow / mo

-3.3%Appreciation YoY

2.8Months of supply

7Active listings

30Sold (last 12 mo)

What the Sullivan Gardens numbers say

In Sullivan Gardens, TN, the median home sold for $217,900 (about $147 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-413 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 2.8 months of supply — a tight, seller-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 Sullivan Gardens cash-flowing listings

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