Is Sullivan County, TN good for real estate investing?

Sullivan County has an investment score of 58/100, rated as "Hold". The county ranks #382 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Sullivan County is 6.58% annually, which ranks in the 68th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Sullivan?

The median home price in Sullivan County is $250,396. This ranks #542 in affordability among all US counties.

Can you cash flow on rental properties in Sullivan?

Based on median values with 20% down at current rates, a typical rental in Sullivan County would generate negative cash flow of $420/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Sullivan County

TennesseePopulation: 158,722

/100

Hold

#382 of 1,000 counties

#30 in Tennessee (95 counties)

Market Snapshot

$250,396

Median Home Price

7% above national median

$1,372/mo

Median Rent

9% below national median

6.58%

Rent-to-Price Ratio

Top 32% nationally

-$420

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$250,396

Down Payment (20%)$50,079

Loan Amount$200,317

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,372

Monthly P&I-$1,313

Est. Expenses (35%)-$480

Net Cash Flow-$420/mo

4.3%

Cap Rate (all cash)

-8.8%

Cash-on-Cash Return

6.58%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% 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

58/100

Cash Flow(30%)

66/100

Based on 6.58% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

52/100

Based on 0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

61/100

Price-to-income ratio of 4.6x. 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

+Above-average rent-to-price ratio (6.58%)
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$420/mo)
-Negative leverage (cap rate 4.3% < mortgage rate 6.9%)

Economic Indicators

Population

158,722

Median Income

$54,357

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.6x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentSullivanTN	58	$250,396	$1,372	6.58%	Hold
HaywoodTN	58	$167,218	$1,013	7.27%	Hold	View
WayneTN	58	$172,328	Est. pending	—	Hold	View
FayetteTN	58	$366,798	$1,941	6.35%	Hold	View
CarrollTN	58	$176,012	Est. pending	—	Hold	View
FentressTN	56	$236,817	Est. pending	—	Hold	View

The Bottom Line

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

Sullivan County in Tennessee scores 58/100, ranking #382 of 1,000 US counties (top 50%). The 6.58% 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

$-420/mo

Cap Rate

4.3%

Cash-on-Cash

-8.8%

Ready to Analyze a Deal in Sullivan?

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$250,396

Down Payment (20%)$50,079

Loan Amount$200,317

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,372

Monthly P&I-$1,313

Est. Expenses (35%)-$480

Net Cash Flow-$420/mo

4.3%

Cap Rate (all cash)

-8.8%

Cash-on-Cash Return

6.58%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% 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

58/100

Cash Flow(30%)

66/100

Based on 6.58% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

52/100

Based on 0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

61/100

Price-to-income ratio of 4.6x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentSullivanTN

$250,396

$1,372

6.58%

Hold

HaywoodTN

$167,218

$1,013

7.27%

Hold

View

WayneTN

$172,328

Est. pending

—

Hold

View

FayetteTN

$366,798

$1,941

6.35%

Hold

View

CarrollTN

$176,012

Est. pending

—

Hold

View

FentressTN

$236,817

Est. pending

—

Hold

View

The Bottom Line

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

Monthly Cash Flow

$-420/mo

Cap Rate

4.3%

Cash-on-Cash

-8.8%