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

Troy, TN has a median modeled monthly cash flow of $-601 and a median cap rate of 3.4%, on a median sold price of $125,000. Prices changed -14.6% year over year.

What is the average cap rate in Troy, TN?

The median cap rate across recently sold homes in Troy, TN is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Troy, TN?

The median sold price in Troy, TN is $125,000 (about $105 per square foot).

Investing in Troy, TN Real Estate

A data-driven snapshot of the Troy, 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.

$125,000Median sold price

$105Median $/sqft

3.4%Median cap rate

$-601Modeled cash flow / mo

-14.6%Appreciation YoY

7.3Months of supply

22Active listings

36Sold (last 12 mo)

What the Troy numbers say

In Troy, TN, the median home sold for $125,000 (about $105 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-601 of monthly cash flow. Sold prices moved -14.6% over the past year. Inventory sits at about 7.3 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 Troy cash-flowing listings

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