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

Watertown, TN has a median modeled monthly cash flow of $-1,664 and a median cap rate of 2.1%, on a median sold price of $344,000. Prices changed -7.9% year over year.

What is the average cap rate in Watertown, TN?

The median cap rate across recently sold homes in Watertown, TN is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Watertown, TN?

The median sold price in Watertown, TN is $344,000 (about $246 per square foot).

Investing in Watertown, TN Real Estate

A data-driven snapshot of the Watertown, 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.

$344,000Median sold price

$246Median $/sqft

2.1%Median cap rate

$-1,664Modeled cash flow / mo

-7.9%Appreciation YoY

8.5Months of supply

52Active listings

73Sold (last 12 mo)

What the Watertown numbers say

In Watertown, TN, the median home sold for $344,000 (about $246 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,664 of monthly cash flow. Sold prices moved -7.9% over the past year. Inventory sits at about 8.5 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 Watertown cash-flowing listings

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