Is Washington County, TN good for real estate investing?

Washington County has an investment score of 54/100, rated as "Hold". The county ranks #483 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Washington County is 6.34% annually, which ranks in the 60th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Washington?

The median home price in Washington County is $296,677. This ranks #657 in affordability among all US counties.

Can you cash flow on rental properties in Washington?

Based on median values with 20% down at current rates, a typical rental in Washington County would generate negative cash flow of $536/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Washington County

TennesseePopulation: 133,282

/100

Hold

#483 of 1,000 counties

#45 in Tennessee (95 counties)

Market Snapshot

$296,677

Median Home Price

27% above national median

$1,567/mo

Median Rent

4% above national median

6.34%

Rent-to-Price Ratio

Top 40% nationally

-$536

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

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

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$296,677

Down Payment (20%)$59,335

Loan Amount$237,342

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,567

Monthly P&I-$1,555

Est. Expenses (35%)-$548

Net Cash Flow-$536/mo

4.1%

Cap Rate (all cash)

-9.4%

Cash-on-Cash Return

6.34%

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

54/100

Cash Flow(30%)

63/100

Based on 6.34% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

48/100

Based on -0.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

54/100

Price-to-income ratio of 5.1x. 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

-Declining home values (-0.3% YoY)
-Negative cash flow at typical financing (-$536/mo)
-Negative leverage (cap rate 4.1% < mortgage rate 6.9%)

Economic Indicators

Population

133,282

Median Income

$58,507

vs $57,025 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.1x

Less affordable

Compare to Nearby Counties

County					Verdict
Van BurenTN	55	$226,333	Est. pending	—	Hold	View
JacksonTN	55	$222,300	Est. pending	—	Hold	View
PutnamTN	55	$306,250	$1,486	5.82%	Hold	View
CurrentWashingtonTN	54	$296,677	$1,567	6.34%	Hold
GrundyTN	54	$200,790	Est. pending	—	Hold	View
KnoxTN	54	$369,942	$1,788	5.80%	Hold	View

The Bottom Line

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

Washington County in Tennessee scores 54/100, ranking #483 of 1,000 US counties (top 64%). The 6.34% 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

$-536/mo

Cap Rate

4.1%

Cash-on-Cash

-9.4%

Ready to Analyze a Deal in Washington?

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$296,677

Down Payment (20%)$59,335

Loan Amount$237,342

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,567

Monthly P&I-$1,555

Est. Expenses (35%)-$548

Net Cash Flow-$536/mo

4.1%

Cap Rate (all cash)

-9.4%

Cash-on-Cash Return

6.34%

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

54/100

Cash Flow(30%)

63/100

Based on 6.34% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

48/100

Based on -0.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

54/100

Price-to-income ratio of 5.1x. Lower ratios indicate more affordable markets.

County

Verdict

Van BurenTN

$226,333

Est. pending

—

Hold

View

JacksonTN

$222,300

Est. pending

—

Hold

View

PutnamTN

$306,250

$1,486

5.82%

Hold

View

CurrentWashingtonTN

$296,677

$1,567

6.34%

Hold

GrundyTN

$200,790

Est. pending

—

Hold

View

KnoxTN

$369,942

$1,788

5.80%

Hold

View

The Bottom Line

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

Monthly Cash Flow

$-536/mo

Cap Rate

4.1%

Cash-on-Cash

-9.4%