Real Estate Investing in McMinnville, Tennessee (37110)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37110 (McMinnville, 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.
- High vacancy: 12.3% of homes vacant — above national norms.
What’s happening in McMinnville, TN (37110)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37110 McMinnville
ZIP 37110 in McMinnville, TN carries a solid set of headwinds. Home values near $255K and rents of $1,000/mo sit inside a market where underwriting has to be tight.
The investment case in 37110 is resilient only for operators who understand what they are buying. A $255K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in McMinnville have seen price recovery that 37110 has not matched. Warren County data supports the view that the spread is structural rather than temporary.
A healthy renter share of 30% in 37110 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 37110 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 McMinnville:
Property Strategy for 37110
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $183,387 | $970 | 3.8% | +13.8% | $91,694 |
| 3BR | $278,857 | $1,170 | 3.0% | +11.6% | $92,952 |
| 4BR | $360,990 | $1,310 | 2.6% | +10.7% | $90,248 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37110 Compare?
| Metric | 37110 | McMinnville | McMinnville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $255,248 | $255,248 | N/A | $327,001 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.7% |
| Avg Rent | $1,000 | $1,000 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 37110 (McMinnville, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 37110 (McMinnville, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $255,248 |
| Monthly Rent | $1,000 |
| Price-to-Rent | 21.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 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 (3.1%). 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 37110
Population: 33,772
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 37110
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 is the typical home price in McMinnville, TN?
Homes in McMinnville, TN typically sell near $255K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
What are vacancy rates like in McMinnville, TN?
Vacancy in McMinnville, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,000/mo.
How should investors approach McMinnville, TN?
Most investors in McMinnville, 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.
How strict are landlord regulations in McMinnville, TN?
Rental owners in McMinnville, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Are tenants stable in McMinnville, TN?
McMinnville, TN draws a consistent base of working renters. Demand at the $1,000/mo rent level is reasonable for standard single-family and small multi rentals.
You know 37110 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37110 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.
AI Market Advisor
Ask questions about investing in 37110 (McMinnville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 37110 (McMinnville, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.