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

Three Way, TN has a median modeled monthly cash flow of $-808 and a median cap rate of 3.2%, on a median sold price of $259,900. Prices changed -4.5% year over year.

What is the average cap rate in Three Way, TN?

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

What is the median home price in Three Way, TN?

The median sold price in Three Way, TN is $259,900 (about $169 per square foot).

Investing in Three Way, TN Real Estate

A data-driven snapshot of the Three Way, 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.

$259,900Median sold price

$169Median $/sqft

3.2%Median cap rate

$-808Modeled cash flow / mo

-4.5%Appreciation YoY

7.5Months of supply

28Active listings

45Sold (last 12 mo)

What the Three Way numbers say

In Three Way, TN, the median home sold for $259,900 (about $169 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-808 of monthly cash flow. Sold prices moved -4.5% over the past year. Inventory sits at about 7.5 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 Three Way cash-flowing listings

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