Cash Flow Investing in Nashville, TN

Cash Flow Score: 3.8/10Ranked #35 of 52 markets

Data-driven cash flow analysis for Nashville, TN — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Cash Flow Score:3.8
Rent-to-Price Ratio(30%)
0.45%1.9
Cap Rate(30%)
5.2%2.8
Low Vacancy(20%)
8.8%4.0
Low Property Taxes(20%)
0.66%7.8

Key Metrics for Cash Flow

Cap Rate

5.2%

Moderate

Rent-to-Price

0.45%

Below 1% rule

Vacancy Rate

8.8%

Elevated

Property Tax

0.66%

Very low

Cash Flow Investment Thesis

Nashville has transitioned from cash-flow market to appreciation play as prices have surged. No state income tax and strong population growth support long-term returns, but cap rates have compressed.

How Nashville Compares

RankCityCash Flow ScoreCap RateMedian Price
#30Milwaukee, WI3.86.7%$175,000
#31Richmond, VA3.86.2%$280,000
#32Philadelphia, PA3.85.6%$240,000
#33Phoenix, AZ3.84.9%$385,000
#34Portland, OR3.84.2%$480,000
#35Nashville, TN3.85.2%$400,000
#36Houston, TX3.76.3%$265,000

Showing markets ranked near Nashville for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,800/mo)$21,600
Less: Vacancy (8.8%)-$1,901
Less: Property Tax (0.66%)-$2,640
Less: Insurance (~0.5%)-$2,000
Less: Maintenance (~1.5%)-$6,000
Estimated NOI$9,059
Implied Cap Rate2.3%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the cash flow score for Nashville, TN?

Nashville, TN scores 3.8 out of 10 on our cash flow score, ranking #35 out of 52 markets we track. Weighted composite: rent-to-price ratio (30%), cap rate (30%), low vacancy (20%), low property taxes (20%). Scale 0–10.

Is Nashville a good city for cash flow investing?

Nashville, TN ranks #35 for cash flow investing with a score of 3.8/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Nashville?

The average cap rate in Nashville, TN is 5.2%. The median home price is $400,000 with a median monthly rent of $1,800, resulting in a rent-to-price ratio of 0.45%.

What are the property taxes in Nashville?

The effective property tax rate in Nashville, TN is 0.66%. On a $400,000 property, that translates to approximately $2,640 per year in property taxes.

How does Nashville compare to other cash flow markets?

Among our 52 tracked markets, Nashville, TN ranks #35 for cash flow investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

Does Nashville meet the 1% rule?

Nashville, TN has a rent-to-price ratio of 0.45%, which falls significantly below the 1% rule. However, the 1% rule is a rough guideline — individual deals can still cash flow well in this market.

Run Your Own Numbers for Nashville

Use our free calculators pre-filled with Nashville, TN market data, or adjust the numbers for your specific deal.