CalculateRealEstateROI

Market Research

Nashville, TN — Investment Research

Nashville's healthcare, music, and corporate-relocation economy has produced one of the most consistent appreciation curves in the country.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
69
Future Outlook
91
Grade
B
Cap Rate
5.2%

Market Commentary

Nashville is best for hybrid appreciation + STR plays in permitted zones. Underwrite as long-term-rental if STR permitting is uncertain.

Fundamentals

Median Price
$475,000
Median Rent
$2,300
per month
Yield
5.8%
Pop Growth
1.7%
Job Growth
3.1%
Vacancy
5.8%

Investment Pros / Cons

  • No state income tax
  • Healthcare HQ concentration
  • Strong STR demand
  • × STR permits restricted in core
  • × Compressed cap rates
  • × Rising insurance