ZIP CODE 37075 // NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN // DATA AS OF 2026-09-30
Hendersonville, TN (37075) Rental Property Cap Rate & Cash Flow Report
Located in Sumner County (Hendersonville, TN), Zip Code 37075 ranks #385 of 500 within this selected sample (23th percentile) with a Zillow ZHVI typical home-value index of $509,903 (+0.6% YoY) and a ZORI observed market rent of $1,652/mo (+1.9% YoY). Requires at least 69.2% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,587/mo
Annual: -$19,047/yr
Modeled Cap Rate
2.33%
NOI: $11,893/yr
Cash-on-Cash Return
-16.24%
Cash Needed: $117,278
1% Rule Ratio
0.32%
Gross Yield: 3.89%
Break-Even Rent
$3,476/mo
State Tax: 0.55%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 37075 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TN Avg 0.55%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,578/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$661/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (37075)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $430,269 | $1,461/mo | 4.07% |
| 2022 | $519,125 | $1,602/mo | 3.70% |
| 2023 | $501,844 | $1,611/mo | 3.85% |
| 2024 | $504,477 | $1,642/mo | 3.91% |
| 2025 | $507,096 | $1,621/mo | 3.84% |
| 2026 | $509,903 | $1,652/mo | 3.89% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 37122 Mount Juliet, TN | $565,761 | $2,081/mo | 2.79% | -$1,545/mo |
| 37211 Nashville, TN | $386,297 | $1,432/mo | 2.82% | -$1,045/mo |
| 37128 Murfreesboro, TN | $441,238 | $1,701/mo | 2.97% | -$1,137/mo |
| 37066 Gallatin, TN | $441,341 | $1,718/mo | 3.01% | -$1,123/mo |
| 37064 Franklin, TN | $901,467 | $2,217/mo | 1.52% | -$3,418/mo |
| 37129 Murfreesboro, TN | $442,156 | $1,853/mo | 3.33% | -$1,011/mo |