Real Estate Investing in Hendersonville, Tennessee (37075)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37075 (Hendersonville, 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 25.5 — hard to cash-flow at these prices.
What’s happening in Hendersonville, TN (37075)?
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Market Analysis: 37075 Hendersonville
The 37075 ZIP in Hendersonville, TN is a local-operator market. Outside capital chasing a $518K entry has to pair deep knowledge with the discount.
Rent of $1,690/mo on a $518K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37075 sits below the stated 0.0% once reality is priced in.
Turning to rents, 37075 offers a low basis, the region around Hendersonville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 37075 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 37075 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 Hendersonville:
Property Strategy for 37075
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $335,955 | $1,890 | 4.1% | +6.4% | $167,978 |
| 3BR | $442,589 | $2,420 | 3.9% | +7.2% | $147,530 |
| 4BR | $632,106 | $2,950 | 3.4% | +7.8% | $158,026 |
| 5BR | $732,117 | — | — | +8.5% | $146,423 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37075 Compare?
| Metric | 37075 | Hendersonville | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $517,672 | $517,672 | N/A | $327,001 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 7.7% |
| Avg Rent | $1,690 | $1,690 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 37075 (Hendersonville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $517,672 |
| Monthly Rent | $1,690 |
| Price-to-Rent | 25.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +3.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 37075
Population: 72,541
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 37075
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
Investor Insight: With 1,221 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Hendersonville, TN?
Hendersonville, TN home values average about $518K. That price point suits investors targeting rentals with $1,690/mo in monthly income.
What is the typical renter like in Hendersonville, TN?
Expect a solid tenant pool in Hendersonville, TN. The rental market absorbs $1,690/mo rents without meaningful friction.
Are there empty rentals in Hendersonville, TN?
Expect elevated vacancy in Hendersonville, TN. Rents at $1,690/mo are absorbed by the tenant base without meaningful lag.
Does Hendersonville, TN favor landlords or tenants?
TN law landlord-friendly for landlords, and Hendersonville inherits those rules. Investors should still review local ordinances for rental licensing.
How much do tenants pay in Hendersonville, TN?
Rental rates in Hendersonville, TN average $1,690/mo. Tenant demand and $518K home values make the yield look reasonable by investor standards.
You know 37075 now. You don’t know where it ranks.
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How 37075 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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