Real Estate Investing in Shrewsbury, Vermont (05738)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 05738 (Shrewsbury, VT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Shrewsbury, VT (05738)?
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Market Analysis: 05738 Shrewsbury
ZIP 05738 in Shrewsbury, VT carries a robust set of headwinds. Home values near $358K and rents of $1,548/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 05738 can be a a viable market for hunting ground — but the discount at $358K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Shrewsbury have seen price recovery that 05738 has not matched. Rutland County data supports the view that the spread is structural rather than temporary.
The demographic picture in 05738 includes headwinds that any investor should price in. Income distribution skews lower than Shrewsbury averages, and tenant stability requires active management.
The 05738 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Shrewsbury:
Market Trends
Home Value History (with trend line)
📊 How Does 05738 Compare?
| Metric | 05738 | Shrewsbury | Rutland, VT | Vermont |
|---|---|---|---|---|
| Home Value | $357,666 | $357,666 | N/A | $387,631 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 6.4% |
| Avg Rent | $1,548 | $1,548 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 05738 (Shrewsbury, VT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $357,666 |
| Monthly Rent | $1,548 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 05738
Population: 1,287
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 05738
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How strong is tenant demand in Shrewsbury, VT?
Tenant demand in Shrewsbury, VT is solid. The local workforce $1,548/mo rents across most rental classes.
What approach is best for Shrewsbury, VT real estate?
In Shrewsbury, VT the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $358K prices and $1,548/mo rents suits that approach.
How high is vacancy risk in Shrewsbury, VT?
Shrewsbury, VT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is rental property easy to operate in Shrewsbury, VT?
Shrewsbury, VT falls under VT landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.
What is the average home sale price in Shrewsbury, VT?
The median home value in Shrewsbury, VT is roughly $358K. That puts it reasonable relative to the VT statewide average.
You know 05738 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 05738 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 05738 ranks in Rutland, VT
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