Real Estate Investing in Bumpus Mills, Tennessee (37028)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37028 (Bumpus Mills, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 34.6% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bumpus Mills, TN (37028)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37028 Bumpus Mills
The 37028 ZIP covers a section of Bumpus Mills that demands careful diligence. Prices near $204K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 37028 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Bumpus Mills have seen price recovery that 37028 has not matched. Stewart County data supports the view that the spread is structural rather than temporary.
A durable renter share of 17% in 37028 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 37028 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Bumpus Mills:
Market Trends
Home Value History (with trend line)
📊 How Does 37028 Compare?
| Metric | 37028 | Bumpus Mills | Clarksville, TN-KY | Tennessee |
|---|---|---|---|---|
| Home Value | $204,267 | $204,267 | N/A | $327,001 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.7% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37028 (Bumpus Mills, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 37028 (Bumpus Mills, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $204,267 |
| Monthly Rent | $972 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 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 (3.7%). 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 37028
Population: 613
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
Frequently Asked Questions
Where do home prices stand in Bumpus Mills, TN?
Bumpus Mills, TN home values average about $204K. That price point suits investors targeting rentals with $972/mo in monthly income.
What is the smart move for investors in Bumpus Mills, TN?
Most investors in Bumpus Mills, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Bumpus Mills, TN a friendly market for rental owners?
Bumpus Mills, TN falls under TN landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong is Bumpus Mills, TN for real estate investors?
Bumpus Mills, TN rates 3.0/5 for investability. With median values at $204K and rents near $972/mo, the market offers reasonable fundamentals for rental investors.
Is house hacking profitable in Bumpus Mills, TN?
House hacking in Bumpus Mills, TN is reasonable to execute. Prices around $204K and rents of $972/mo solid owner-occupant economics.
You know 37028 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37028 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 37028 ranks in Clarksville, TN-KY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 37028 (Bumpus Mills)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 37028 (Bumpus Mills, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.