Nashville, TN — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.8%
Below average
Monthly Cash Flow
-$1,227
After all expenses
Price-to-Rent
18.4
Overpriced for rent
DSCR
0.43
Fails
📊 Key Metrics
- Median Home Price
- $448,730
- Average Rent (3BR)
- $2,070/mo
- Price-to-Rent Ratio
- 18.4(high)
- 1% Rule
- 0.45%(fails — need 1%+)
- Cash-on-Cash Return
- -15.8%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
+2,965 households
GROWING
Total Inflow
281,116
households moved in
Avg Income (New Residents)
$119,362
per household
Where they're coming from:
1.Davidson Non-migrants, TN269,761 households · avg $119,959
2.Los Angeles, CA704 households · avg $233,714
3.Cook, IL580 households · avg $132,800
4.Knox, TN344 households · avg $58,651
5.Cheatham, TN333 households · avg $47,210
Where residents are leaving to:
1.Davidson Non-migrants, TN269,761 households
2.Cheatham, TN592 households
3.Cook, IL351 households
4.Dickson, TN319 households
5.Los Angeles, CA308 households
💡 Strong net inflow suggests growing rental demand and upward pressure on rents.
🏘️ Best Zip Codes in Nashville for Investors
All Zip Codes in Nashville
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 37214 | 4.5% | -$572 | $368,366 | $2,330/mo | 0.71 |
| 37219 | 4.3% | -$806 | $455,394 | $2,760/mo | 0.67 |
| 37217 | 4.2% | -$585 | $326,576 | $1,970/mo | 0.66 |
| 37013 | 4.2% | -$649 | $360,280 | $2,170/mo | 0.66 |
| 37201 | 4.1% | -$949 | $502,190 | $2,970/mo | 0.64 |
| 37115 | 3.9% | -$683 | $328,959 | $1,870/mo | 0.61 |
| 37138 | 3.3% | -$1,001 | $391,863 | $2,000/mo | 0.52 |
| 37076 | 3.3% | -$1,053 | $406,932 | $2,060/mo | 0.51 |
| 37211 | 3.2% | -$1,062 | $400,971 | $2,000/mo | 0.50 |
| 37221 | 3.2% | -$1,341 | $506,789 | $2,530/mo | 0.50 |
| 37210 | 3.1% | -$1,038 | $374,292 | $1,810/mo | 0.48 |
| 37218 | 2.9% | -$1,053 | $365,502 | $1,720/mo | 0.46 |
| 37051 | 2.8% | -$1,055 | $353,655 | $1,620/mo | 0.44 |
| 37189 | 2.8% | -$1,227 | $404,775 | $1,830/mo | 0.43 |
| 37207 | 2.7% | -$1,160 | $376,512 | $1,680/mo | 0.42 |
| 37216 | 2.3% | -$1,710 | $505,643 | $2,070/mo | 0.36 |
| 37143 | 2.3% | -$1,532 | $448,730 | $1,820/mo | 0.36 |
| 37080 | 2.1% | -$1,449 | $408,422 | $1,590/mo | 0.33 |
| 37209 | 2.1% | -$1,981 | $554,339 | $2,140/mo | 0.33 |
| 37203 | 1.8% | -$2,409 | $627,593 | $2,220/mo | 0.28 |
| 37208 | 1.7% | -$1,792 | $459,394 | $1,590/mo | 0.27 |
| 37206 | 1.6% | -$2,468 | $621,722 | $2,100/mo | 0.25 |
| 37220 | 1.6% | -$3,706 | $920,997 | $3,050/mo | 0.24 |
| 37212 | 1.2% | -$3,328 | $763,998 | $2,220/mo | 0.18 |
| 37204 | 0.9% | -$4,597 | $1,002,188 | $2,630/mo | 0.14 |
| 37205 | 0.6% | -$5,195 | $1,084,738 | $2,580/mo | 0.10 |
| 37215 | 0.6% | -$5,839 | $1,202,280 | $2,760/mo | 0.09 |