ZIP CODE 37211 // NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN // DATA AS OF 2026-09-30
Nashville, TN (37211) Rental Property Cap Rate & Cash Flow Report
Located in Davidson County (Nashville, TN), Zip Code 37211 ranks #307 of 500 within this selected sample (39th percentile) with a Zillow ZHVI typical home-value index of $386,297 (-3.0% YoY) and a ZORI observed market rent of $1,432/mo (-0.1% YoY). Requires at least 62.8% 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
-$1,045/mo
Annual: -$12,546/yr
Modeled Cap Rate
2.82%
NOI: $10,894/yr
Cash-on-Cash Return
-14.12%
Cash Needed: $88,848
1% Rule Ratio
0.37%
Gross Yield: 4.45%
Break-Even Rent
$2,634/mo
State Tax: 0.55%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 37211 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TN Avg 0.55%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,953/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$524/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (37211)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $336,682 | $1,292/mo | 4.60% |
| 2022 | $408,337 | $1,470/mo | 4.32% |
| 2023 | $400,426 | $1,446/mo | 4.33% |
| 2024 | $405,295 | $1,430/mo | 4.23% |
| 2025 | $398,317 | $1,433/mo | 4.32% |
| 2026 | $386,297 | $1,432/mo | 4.45% |
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 |
| 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 |