ZIP CODE 37013 // NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN // DATA AS OF 2026-09-30
Nashville, TN (37013) Rental Property Cap Rate & Cash Flow Report
Located in Davidson County (Nashville, TN), Zip Code 37013 ranks #174 of 500 within this selected sample (65th percentile) with a Zillow ZHVI typical home-value index of $352,025 (-3.0% YoY) and a ZORI observed market rent of $1,586/mo (+2.3% YoY). Requires at least 51.8% 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
-$708/mo
Annual: -$8,499/yr
Modeled Cap Rate
3.65%
NOI: $12,862/yr
Cash-on-Cash Return
-10.50%
Cash Needed: $80,966
1% Rule Ratio
0.45%
Gross Yield: 5.41%
Break-Even Rent
$2,400/mo
State Tax: 0.55%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 37013 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TN Avg 0.55%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,780/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$514/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (37013)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $301,551 | $1,390/mo | 5.53% |
| 2022 | $373,197 | $1,579/mo | 5.08% |
| 2023 | $364,395 | $1,593/mo | 5.25% |
| 2024 | $371,856 | $1,598/mo | 5.16% |
| 2025 | $362,994 | $1,551/mo | 5.13% |
| 2026 | $352,025 | $1,586/mo | 5.41% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 37167 Smyrna, TN | $402,185 | $1,721/mo | 3.42% | -$888/mo |
| 37040 Clarksville, TN | $304,511 | $1,303/mo | 3.42% | -$673/mo |
| 38401 Columbia, TN | $371,173 | $1,586/mo | 3.41% | -$822/mo |
| 37042 Clarksville, TN | $290,703 | $1,379/mo | 3.90% | -$525/mo |
| 37129 Murfreesboro, TN | $442,156 | $1,853/mo | 3.33% | -$1,011/mo |
| 37066 Gallatin, TN | $441,341 | $1,718/mo | 3.01% | -$1,123/mo |