Real Estate Investing in Chapel Hill, Tennessee (37034)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37034 (Chapel Hill, TN)? 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.
- Elevated vacancy: 10.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 25.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Chapel Hill, TN (37034)?
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Market Analysis: 37034 Chapel Hill
Investors eyeing 37034 need to respect the fundamentals at play. Home values of $392K come alongside slower price movement and elevated management overhead.
The investment case in 37034 is substantial only for operators who understand what they are buying. A $392K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 37034 sits on the difficult end of the TN spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Stepping back, 8,596 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 37034 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 Chapel Hill:
Property Strategy for 37034
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $387,378 | $1,860 | 3.5% | +9.3% | $129,126 |
| 4BR | $417,169 | $1,920 | 3.3% | +8.2% | $104,292 |
Market Trends
Home Value History (with trend line)
📊 How Does 37034 Compare?
| Metric | 37034 | Chapel Hill | Lewisburg, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $392,062 | $392,062 | N/A | $327,001 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.7% |
| Avg Rent | $1,260 | $1,260 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 37034 (Chapel Hill, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $392,062 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 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 (2.5%). 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 37034
Population: 8,596
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 37034
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
Does Chapel Hill, TN make sense for an investment property?
Yes - Chapel Hill, TN a 3.0/5 investability score. With $392K home prices against $1,260/mo monthly rent, the market delivers a reasonable entry point for new investors.
How expensive is real estate in Chapel Hill, TN?
In Chapel Hill, TN the median home value sits at $392K. Against the broader TN market, that reads as reasonable for most investors.
What are rental rates like in Chapel Hill, TN?
Rents in Chapel Hill, TN run near $1,260/mo. Compared with median home prices of $392K that produces solid gross yields for typical rentals.
What is the rental occupancy rate in Chapel Hill, TN?
Rental vacancy in Chapel Hill, TN is elevated. Investors should budget normal turnover but not chronic empty units.
How landlord-friendly is Chapel Hill, TN?
TN law landlord-friendly for landlords, and Chapel Hill inherits those rules. Investors should still review local ordinances for rental licensing.
You know 37034 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37034 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 37034 ranks in Lewisburg, TN
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