Metropolitan Area

Johnson City, TN

Tennessee0
59
/100
Hold
#548 of 894 metros
Top 61% nationally for investing

Market Snapshot

$282,532
Median Home Price
11% above national median
$1,499/mo
Median Rent
8% above national median
6.37%
Rent-to-Price Ratio
Top 38% nationally
-$507
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

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20%
5%50%100%

Purchase

Purchase Price$282,532
Down Payment (20%)$56,506
Loan Amount$226,026
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,499
Monthly P&I-$1,481
Est. Expenses (35%)-$525
Net Cash Flow-$507/mo
4.1%
Cap Rate (all cash)
-9.4%
Cash-on-Cash Return
6.37%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.1% 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.

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Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
64/100

Based on 6.37% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
56/100

Based on 1.0% 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%)
69/100

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 (-$507/mo)
  • -Negative leverage (cap rate 4.1% < mortgage rate 6.9%)

Counties in Johnson City, TN

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Norwalk, OH
Norwalk, OH
79$198,411$1,4878.99%Strong BuyView
Dumas, TX
Dumas, TX
79$188,966Est.Strong BuyView
Marion, OH
Marion, OH
79$183,033$1,2678.31%Strong BuyView
Portsmouth, OH
Portsmouth, OH
79$144,773Est.Strong BuyView
Kinston, NC
Kinston, NC
79$156,285$1,0428.00%Strong BuyView
Current
Johnson City, TN
59$282,532$1,4996.37%Hold

Rent vs buy in this metro

Rent vs buy in Johnson City, TNMedian $296,677 · rent $1,567/mo

The Bottom Line

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

The Johnson City, TN metro area scores 59/100, ranking #548 of 894 US metros (top 61%). The 6.37% rent-to-price ratio indicates moderate cash flow potential. 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
$-507/mo
Cap Rate
4.1%
Cash-on-Cash
-10.8%

Ready to Invest in Johnson City, TN?

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