Real Estate Investing in Watertown, Tennessee

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

1 ZIP codes • Population: 7,224 • Wilson County

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

🏠 For Homebuyers
CAUTION
Grade D (52/100)

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
1 flag
  • Elevated poverty: 20.2% poverty rate — can affect rent collection.

What’s happening in Watertown, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 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 $429,851
Avg Monthly Rent $1,188
ZIP Codes 1

Investing in Watertown Real Estate

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

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

Transaction volume in Watertown has thinned in a way that amplifies price discovery risk. On the rental side, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Watertown — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$429,851
Avg Monthly Rent
$1,188
1% Rule
✗ Below
Landlord Friendly (TN)

ZIP Codes in Watertown, TN

Screen every ZIP in Watertown

Filter Watertown’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 Watertown, TN

Is Watertown, TN a smart market for rental property?

Yes - Watertown, TN a 3.0/5 investability score. With $430K home prices against $1,188/mo monthly rent, the market delivers a reasonable entry point for new investors.

Are there empty rentals in Watertown, TN?

Vacancy risk in Watertown, TN is elevated. That supports even-keeled cash flow for typical rental holds.

How qualified is the tenant pool in Watertown, TN?

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

How do home values compare in Watertown, TN?

The median home value in Watertown, TN is roughly $430K. That puts it reasonable relative to the TN statewide average.

What do landlords charge for rent in Watertown, TN?

The typical rental in Watertown, TN commands about $1,188/mo monthly. That rent profile consistent cash flow against the $430K purchase basis.

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