Real Estate Investing in College Grove, Tennessee (37046)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37046 (College Grove, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 63.6 — 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 College Grove, TN (37046)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37046 College Grove
Not every below-median market is a bargain. College Grove's 37046 ZIP clocks in at signals that favor experienced operators who can absorb the risk $1.3M pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 37046 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 37046 and stronger College Grove ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Put differently, 6,632 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.
Strategy in 37046 is an operator game, not a passive one. From a cash-flow lens, entry prices of $1.3M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in College Grove:
Property Strategy for 37046
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $861,271 | $2,420 | 2.0% | +9.5% | $287,090 |
| 4BR | $1,383,214 | $2,870 | 1.5% | +9.1% | $345,804 |
| 5BR | $1,680,421 | — | — | +7.9% | $336,084 |
Market Trends
Home Value History (with trend line)
📊 How Does 37046 Compare?
| Metric | 37046 | College Grove | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $1,291,968 | $1,291,968 | N/A | $327,001 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 7.7% |
| Avg Rent | $1,692 | $1,692 | N/A | - |
| Cap Rate | 1.0% | 1.0% | - | - |
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 37046 (College Grove, TN). Anonymous, moderated, never written by AI.
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Property managers serving Williamson County
Manage rentals here? List your business →The domain gasserhome.com is available for purchase, with options for website hosting, design, and IT consulting services from DigiTimber. summary from their website
Gemstone Solutions offers property management and realty services. summary from their website
Ziser Realty Property Management provides comprehensive management services for Nashville homeowners, including marketing, tenant screening, and maintenance coordination. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,291,968 |
| Monthly Rent | $1,692 |
| Price-to-Rent | 63.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.6% |
| Cap Rate | 1.0% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 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 (1.0%). 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 37046
Population: 6,632
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 37046
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are home prices like in College Grove, TN?
The median home value in College Grove, TN is roughly $1.3M. That puts it reasonable relative to the TN statewide average.
Are eviction rules reasonable in College Grove, TN?
College Grove, TN falls under TN landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How qualified is the tenant pool in College Grove, TN?
The tenant pool in College Grove, TN is solid, supported by local employment and population fundamentals. Rents of $1,692/mo are well-absorbed by the market.
Is College Grove, TN suited for a house hack?
For house hackers, College Grove, TN is a tougher. The $1,692/mo rent on a unit helps defray the mortgage on a $1.3M property.
Is real estate in College Grove, TN a good investment right now?
College Grove, TN rates 3.0/5 for investability. With median values at $1.3M and rents near $1,692/mo, the market offers reasonable fundamentals for rental investors.
You know 37046 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37046 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 37046 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
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