Real Estate Investing in Readyville, Tennessee (37149)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Rutherford County • Population: 2,575 • Data updated: September 2026

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Should you buy in 37149 (Readyville, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 31.0 — 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 Readyville, TN (37149)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $441,647
Avg Monthly Rent $1,188
1% Rule ✗ Does Not Meet
Median Income $65,881
% Renters 8.3%

Market Analysis: 37149 Readyville

The 37149 ZIP covers a section of Readyville that demands careful diligence. Prices near $442K look accessible, but the work to make a deal cash flow is real.

The investment case in 37149 is significant only for operators who understand what they are buying. A $442K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 37149 sits on the difficult end of the TN spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.

Who lives in 37149 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

New investors are better served looking at Readyville's stable or hybrid ZIPs before stepping into 37149. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Readyville:

C Below Average
Buy Confidence Score: 59/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.7× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,188/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area
More inventory, negotiating room for buyers
62 days
Average time to sell
Slow
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Nashville-Davidson--Murfreesboro--Franklin, TN metro data

Market Trends

Home Value History (with trend line)

$473K$400K$328K$255K$182K$109KJul 2006Jul 2016Jul 2026

📊 How Does 37149 Compare?

Metric 37149 Readyville Nashville-Davidson--Murfreesboro--Franklin, TN Tennessee
Home Value $441,647 $441,647 N/A $327,001
5-Year CAGR 6.2% 6.2% N/A 7.7%
Avg Rent $1,188 $1,188 N/A -
Cap Rate 2.1% 2.1% - -
💡 Why Invest in 37149? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37149 (Readyville, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.1%
Low
5yr Growth
+6.2%
Strong

📊 Market Snapshot

Home Value $441,647
Monthly Rent $1,188
Price-to-Rent 31.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.2%
Cap Rate 2.1%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +4.6% ▲
5-Year CAGR +6.2% ▲
10-Year CAGR +8.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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.

Vacancy
5.8%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.2%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 37149

Population: 2,575

💰 Median Household Income
$65,881
This area
$65,881
State
$60,881
USA
$74,580
🏠 Renter Occupied
8.3%
This area
8.3%
State
25.6%
USA
34.0%
💼 Unemployment Rate
4.3%
This area
4.3%
State
-22.2%
USA
3.7%
🎓 College Educated
19.6%
This area
19.6%
State
-6.3%
USA
33.7%
👤 Median Age
53.0 years
This area
53.0 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
5.8%
This area
5.8%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 93.6%
Black/African American 4.2%
Other/Mixed 2.2%
Hispanic/Latino 0.4%
👶 Under 18
13.4%
This area
13.4%
USA
22.0%
👴 65 and Over
24.1%
This area
24.1%
USA
17.3%
📊 Poverty Rate
7.2%
This area
7.2%
USA
11.5%

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 37149

B Avg School Grade
2 Schools
14.1:1 Avg Class Size
$11,927 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Kittrell Elementary

📚 Pre-K – 05 Elementary
👥
356 Students
👨‍🏫
13.1:1 Class Size
💰
$11,822 Per Student
B Good

Cannon North Elementary School

📚 Pre-K – 05 Elementary
👥
239 Students
👨‍🏫
15.2:1 Class Size
💰
$12,031 Per Student
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

4 Nearby 3,409 Off-Campus Students
B
Middle Tennessee State University
20,183 students · 9.8 mi
C
Allied Health Careers Institute
47 students · 11.2 mi
C+
Tennessee College of Applied Technology-Murfreesboro
630 students · 12.4 mi
C
Paul Mitchell the School-Murfreesboro
231 students · 13.1 mi

Investor Insight: With 3,409 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Which real estate strategy fits Readyville, TN?

Readyville, TN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($442K prices, $1,188/mo rents) make it a reasonable choice.

Do landlords face vacancy issues in Readyville, TN?

Readyville, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How does Readyville, TN stack up for property investment?

With a 3.0/5 investability score, Readyville, TN ranks as a solid market for rental property investors. Median prices of $442K and rents of $1,188/mo drive the underlying numbers.

What is the tenant pool like in Readyville, TN?

Readyville, TN draws a even-keeled base of working renters. Demand at the $1,188/mo rent level is reasonable for standard single-family and small multi rentals.

How much should I expect to pay for a home in Readyville, TN?

Readyville, TN home values average about $442K. That price point suits investors targeting rentals with $1,188/mo in monthly income.

You know 37149 now. You don’t know where it ranks.

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How 37149 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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