ZIP CODE 37122 // NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN // DATA AS OF 2026-09-30
Mount Juliet, TN (37122) Rental Property Cap Rate & Cash Flow Report
Located in Wilson County (Mount Juliet, TN), Zip Code 37122 ranks #315 of 500 within this selected sample (37th percentile) with a Zillow ZHVI typical home-value index of $565,761 (+0.5% YoY) and a ZORI observed market rent of $2,081/mo (+2.1% YoY). Requires at least 63.2% 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
-$1,545/mo
Annual: -$18,545/yr
Modeled Cap Rate
2.79%
NOI: $15,785/yr
Cash-on-Cash Return
-14.25%
Cash Needed: $130,125
1% Rule Ratio
0.37%
Gross Yield: 4.41%
Break-Even Rent
$3,857/mo
State Tax: 0.55%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 37122 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TN Avg 0.55%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,861/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$766/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (37122)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $452,102 | $1,733/mo | 4.60% |
| 2022 | $555,634 | $1,867/mo | 4.03% |
| 2023 | $547,954 | $1,946/mo | 4.26% |
| 2024 | $557,781 | $2,035/mo | 4.38% |
| 2025 | $562,819 | $2,038/mo | 4.35% |
| 2026 | $565,761 | $2,081/mo | 4.41% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 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 |
| 37075 Hendersonville, TN | $509,903 | $1,652/mo | 2.33% | -$1,587/mo |
| 37129 Murfreesboro, TN | $442,156 | $1,853/mo | 3.33% | -$1,011/mo |
| 38401 Columbia, TN | $371,173 | $1,586/mo | 3.41% | -$822/mo |