Is Fayette County, TN good for real estate investing?

Fayette County has an investment score of 57/100, rated as "Hold". The county ranks #413 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Fayette?

The rent-to-price ratio in Fayette County is 6.29% annually, which ranks in the 59th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Fayette?

The median home price in Fayette County is $368,156. This ranks #794 in affordability among all US counties.

Can you cash flow on rental properties in Fayette?

Based on median values with 20% down at current rates, a typical rental in Fayette County would generate negative cash flow of $675/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Fayette County

TennesseePopulation: 42,228Memphis, TN Metro

/100

Hold

#413 of 1,000 counties

#35 in Tennessee (95 counties)

Market Snapshot

$368,156

Median Home Price

58% above national median

$1,931/mo

Median Rent

28% above national median

6.29%

Rent-to-Price Ratio

Top 41% nationally

-$675

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$368,156

Down Payment (20%)$73,631

Loan Amount$294,525

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,931

Monthly P&I-$1,930

Est. Expenses (35%)-$676

Net Cash Flow-$675/mo

4.1%

Cap Rate (all cash)

-9.6%

Cash-on-Cash Return

6.29%

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 county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

57/100

Cash Flow(30%)

63/100

Based on 6.29% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

54/100

Based on 0.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

62/100

Price-to-income ratio of 4.5x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$675/mo)
-Negative leverage (cap rate 4.1% < mortgage rate 6.9%)

Economic Indicators

Population

42,228

Median Income

$81,074

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.5x

Moderately affordable

Compare to Nearby Counties

County					Verdict
HaywoodTN	58	$167,218	$1,013	7.27%	Hold	View
WayneTN	58	$172,328	Est. pending	—	Hold	View
CarrollTN	58	$176,012	Est. pending	—	Hold	View
CurrentFayetteTN	57	$368,156	$1,931	6.29%	Hold
SullivanTN	57	$254,306	$1,203	5.68%	Hold	View
FentressTN	56	$236,817	Est. pending	—	Hold	View

The Bottom Line

HoldFayette is a neutral market. Consider house hacking or targeting below-market deals.

Fayette County in Tennessee scores 57/100, ranking #413 of 1,000 US counties (top 55%). The 6.29% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-675/mo

Cap Rate

4.1%

Cash-on-Cash

-9.6%

Ready to Analyze a Deal in Fayette?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$368,156

Down Payment (20%)$73,631

Loan Amount$294,525

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,931

Monthly P&I-$1,930

Est. Expenses (35%)-$676

Net Cash Flow-$675/mo

4.1%

Cap Rate (all cash)

-9.6%

Cash-on-Cash Return

6.29%

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 county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

57/100

Cash Flow(30%)

63/100

Based on 6.29% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

54/100

Based on 0.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

62/100

Price-to-income ratio of 4.5x. Lower ratios indicate more affordable markets.

County

Verdict

HaywoodTN

$167,218

$1,013

7.27%

Hold

View

WayneTN

$172,328

Est. pending

—

Hold

View

CarrollTN

$176,012

Est. pending

—

Hold

View

CurrentFayetteTN

$368,156

$1,931

6.29%

Hold

SullivanTN

$254,306

$1,203

5.68%

Hold

View

FentressTN

$236,817

Est. pending

—

Hold

View

The Bottom Line

HoldFayette is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-675/mo

Cap Rate

4.1%

Cash-on-Cash

-9.6%