Real Estate Investing in Big Rock, Tennessee (37023)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37023 (Big Rock, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.4% 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 Big Rock, TN (37023)?
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Market Analysis: 37023 Big Rock
Investors eyeing 37023 need to respect the fundamentals at play. Home values of $243K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $243K asset, 37023 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Big Rock have seen price recovery that 37023 has not matched. Stewart County data supports the view that the spread is structural rather than temporary.
The 37023 ZIP's population of 1,678 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The right play in 37023 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Big Rock:
Market Trends
Home Value History (with trend line)
📊 How Does 37023 Compare?
| Metric | 37023 | Big Rock | Clarksville, TN-KY | Tennessee |
|---|---|---|---|---|
| Home Value | $243,476 | $243,476 | N/A | $327,001 |
| 5-Year CAGR | 4.4% | 4.4% | N/A | 7.7% |
| Avg Rent | $1,287 | $1,287 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37023 (Big Rock, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $243,476 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (4.1%). 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 37023
Population: 1,678
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 37023
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
What type of investing works in Big Rock, TN?
A careful cash-flow rentals with hands-on management strategy Big Rock, TN best. The market produces stable results for that approach at the $243K price point.
How high is vacancy risk in Big Rock, TN?
Big Rock, TN carries elevated vacancy risk. Expect stable absorption at market rents of $1,287/mo.
Is real estate in Big Rock, TN a good investment right now?
Big Rock, TN rates 3.0/5 for investability. With median values at $243K and rents near $1,287/mo, the market offers reasonable fundamentals for rental investors.
Are homes affordable in Big Rock, TN?
Big Rock, TN median home values land near $243K. That is reasonable territory for investors looking at $1,287/mo-per-month rentals.
Does a duplex house hack pencil in Big Rock, TN?
For house hackers, Big Rock, TN is a challenging. The $1,287/mo rent on a unit helps defray the mortgage on a $243K property.
You know 37023 now. You don’t know where it ranks.
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How 37023 ranks in Clarksville, TN-KY
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