Real Estate Investing in Troy, Tennessee

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

1 ZIP codes • Population: 3,846 • Obion County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.

What’s happening in Troy, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.9% 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 $178,692
Avg Monthly Rent $837
ZIP Codes 1

Investing in Troy Real Estate

This is a distressed-leaning corner of Tennessee: Troy has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Troy is in that category.

Rent trends and price trends in Troy are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Tennessee.

The 0% renter share in Troy 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 Union City, TN

Troy 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
$178,692
Avg Monthly Rent
$837
1% Rule
✗ Below
Landlord Friendly (TN)

📉 Market Crash Risk Index

Based on Union City, TN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Union City, TN metro
0
Days to pending
7.0%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Troy, TN

Screen every ZIP in Troy

Filter Troy’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 Troy, TN

What real estate strategy is ideal for Troy, TN?

Troy, TN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($179K prices, $837/mo rents) make it a reasonable choice.

Are renters plentiful in Troy, TN?

Working renters make up the core of the Troy, TN tenant base. The pool is reasonable for investors targeting long-term holds.

How much rent can I charge in Troy, TN?

Troy, TN rentals go for roughly $837/mo a month. That puts gross yield in solid territory relative to $179K acquisition costs.

How tight is the rental market in Troy, TN?

Troy, TN carries elevated vacancy risk. Expect even-keeled absorption at market rents of $837/mo.

What is it like being a landlord in Troy, TN?

TN law landlord-friendly for landlords, and Troy inherits those rules. Investors should still review local ordinances for rental licensing.

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