Real Estate Investing in Elmwood, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,639 • Smith County

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Should you buy in Elmwood, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 25.0% of homes vacant — above national norms.
  • Elevated poverty: 22.2% poverty rate — can affect rent collection.

What’s happening in Elmwood, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $295,245
Avg Monthly Rent $891
ZIP Codes 1

Investing in Elmwood Real Estate

Elmwood in Tennessee is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

decisively Elmwood's aggregate rating of ★★★☆☆ reflects thin investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Elmwood are soft. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

The 0% renter share in Elmwood masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Nashville-Davidson--Murfreesboro--Franklin, TN

Elmwood is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$295,245
Avg Monthly Rent
$891
1% Rule
✗ Below
Landlord Friendly (TN)

ZIP Codes in Elmwood, TN

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Filter Elmwood’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Elmwood, TN

Where do rents currently stand in Elmwood, TN?

The typical rental in Elmwood, TN commands about $891/mo monthly. That rent profile predictable cash flow against the $295K purchase basis.

What is the median home value in Elmwood, TN?

Typical homes in Elmwood, TN go for around $295K. The 5-year CAGR of 0.0% even-keeled price movement.

Do rentals sit vacant long in Elmwood, TN?

Expect elevated vacancy in Elmwood, TN. Rents at $891/mo are absorbed by the tenant base without meaningful lag.

Is Elmwood, TN good for landlords?

For rental operators, Elmwood, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

What is the smart move for investors in Elmwood, TN?

In Elmwood, TN the notable play is typically careful cash-flow rentals with hands-on management. The combination of $295K prices and $891/mo rents suits that approach.

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