ALGOOD Investment Analysis

Investment Property in ALGOOD, TN

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ALGOOD, TN Real Estate Investment Performance

PROPERTY SALE PRICE

$329,830

Median

1,999

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

1.00%

Airbnb
NUMBER OF PROPERTIES

25

Investment

44

Airbnb

N/A

Traditional

25%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

11

Number of homes sold

51

Median days on market

99%

Average sale-to-list price ratio

28%

Percentage of listings with price drops

25

Active listings count

13

New listings count

3.9

Months of supply

ALGOOD, TN Properties Rental Prices

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Top ALGOOD, TN Neighborhoods - Real Estate Market Analysis

ALGOOD
PROPERTY PRICE

$315,000

Median for city
CAP RATE

4.23%

Traditional

4.19%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,688

Airbnb

50%

Airbnb occupancy rate

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Airbnb Vacation Rentals in ALGOOD, TN

Cabin by Bear Lake
$205 per night Airbnb occupancy rate 14%
House 2 · 0 · 5
Rental Income: $888 per month
4.95
490
Stone Homestead Farmhouse
$194 per night Airbnb occupancy rate 18%
House 3 · 0 · 6
Rental Income: $1,051 per month
4.92
347
New Modern Luxury Mountain Cottage
$176 per night Airbnb occupancy rate 32%
House 2 · 0 · 5
Rental Income: $1,716 per month
4.98
345
Cookeville Downtown Loft
$120 per night Airbnb occupancy rate 28%
Loft null · 1 · 3
Rental Income: $1,030 per month
4.86
272
Hilham House
$99 per night Airbnb occupancy rate 44%
House 2 · 0 · 4
Rental Income: $1,337 per month
4.87
241
The Loft in Cookeville's Historic West Side
$131 per night Airbnb occupancy rate 32%
Loft 1 · 1 · 2
Rental Income: $1,266 per month
4.87
220
Clean and convenient condo on 10th
$95 per night Airbnb occupancy rate 26%
Condominium 2 · 1.5 · 4
Rental Income: $752 per month
4.88
206
Wildvine Homestead / Cozy Cabin
$126 per night Airbnb occupancy rate 12%
Tiny house 1 · 0.5 · 4
Rental Income: $452 per month
4.76
195

Real Estate Investment Analysis - Other Cities in tennessee

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Memphis $200,000 6% 2% $1,676 $1,216 1,658 20%
Kingsport $299,250 6% 2% $2,048 $1,388 496 23%
Johnson City $380,783 4% 1% $2,104 $1,643 354 21%
Jonesborough $455,000 4% 1% $2,178 $1,335 207 22%
Bristol $269,900 5% 2% $1,858 $1,408 195 22%
Jamestown $349,900 5% 1% $2,220 $1,289 147 14%
View all tennessee cities

Vacation Rentals for Sale in tennessee

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