VoucherMatch/RentalCalcs
Tools
My DealsPricingBlog
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Part of VoucherMatch →

Product

  • Tools
  • Market Map
  • Section 8 Rents
  • Investor Tax Tools
  • Pricing
  • Compare Calculators
  • Blog
  • About

Top Markets

  • Maricopa County, AZ
  • Harris County, TX
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Cook County, IL
  • Tarrant County, TX
  • Wayne County, MI
  • Orange County, CA
  • Browse All Markets →

Rent vs Buy

  • Austin, TX
  • Denver, CO
  • Miami, FL
  • Seattle, WA
  • Phoenix, AZ
  • Nashville, TN
  • Atlanta, GA
  • Boston, MA
  • All 580+ Cities →

Support

  • Contact Support
  • My Tickets

Legal

  • Terms of Service
  • Privacy Policy

© 2026 Voucher Match LLC · part of VoucherMatch. All rights reserved.

MarketsMarket MapCleveland, TN
Metropolitan Area

Cleveland, TN

Tennessee0
58
/100
Hold
#572 of 894 metros
Top 64% nationally for investing

Market Snapshot

$312,380
Median Home Price
23% above national median
$1,421/mo
Median Rent
3% above national median
5.46%
Rent-to-Price Ratio
Top 62% nationally
-$714
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$312,380
Down Payment (20%)$62,476
Loan Amount$249,904
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,421
Monthly P&I-$1,638
Est. Expenses (35%)-$497
Net Cash Flow-$713/mo
3.5%
Cap Rate (all cash)
-11.9%
Cash-on-Cash Return
5.46%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.5% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
58/100
58
Cash Flow(30%)
52/100

Based on 5.46% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
69/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
63/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$714/mo)
  • -Negative leverage (cap rate 3.5% < mortgage rate 6.9%)

Counties in Cleveland, TN

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Muscatine, IA
Muscatine, IA
78$203,082Est.Strong BuyView
Danville, IL
Danville, IL
78$99,458$89110.75%Strong BuyView
Grenada, MS
Grenada, MS
78$132,409Est.Strong BuyView
Spencer, IA
Spencer, IA
78$195,413Est.Strong BuyView
Selma, AL
Selma, AL
78$90,709Est.Strong BuyView
Current
Cleveland, TN
58$312,380$1,4215.46%Hold

Rent vs buy in this metro

Rent vs buy in Cleveland, TNMedian $310,113 · rent $1,332/mo

The Bottom Line

HoldCleveland, TN is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Cleveland, TN metro area scores 58/100, ranking #572 of 894 US metros (top 64%). The 5.46% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-714/mo
Cap Rate
3.5%
Cash-on-Cash
-13.7%

Ready to Invest in Cleveland, TN?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets