Real Estate Investing in Red Boiling Springs, Tennessee (37150)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37150 (Red Boiling Springs, 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: 28.3% of homes vacant — above national norms.
- Lower household income: $33,717 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Red Boiling Springs, TN (37150)?
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Market Analysis: 37150 Red Boiling Springs
Investors eyeing 37150 need to respect the fundamentals at play. Home values of $204K come alongside slower price movement and elevated management overhead.
For an experienced owner, 37150 can be a worth a close look for hunting ground — but the discount at $204K reflects genuine risk that outside investors often underestimate.
ZIP 37150's metrics run below Macon County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A significant renter share of 32% in 37150 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 37150 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Red Boiling Springs:
Market Trends
Home Value History (with trend line)
📊 How Does 37150 Compare?
| Metric | 37150 | Red Boiling Springs | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $203,665 | $203,665 | N/A | $327,001 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.7% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37150 (Red Boiling Springs, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,665 |
| Monthly Rent | $855 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (3.3%). 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 37150
Population: 4,363
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 37150
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
Should investors consider Red Boiling Springs, TN?
With a 3.0/5 investability score, Red Boiling Springs, TN ranks as a solid market for rental property investors. Median prices of $204K and rents of $855/mo drive the underlying numbers.
Are tenants stable in Red Boiling Springs, TN?
Working renters make up the core of the Red Boiling Springs, TN tenant base. The pool is reasonable for investors targeting long-term holds.
How high is vacancy risk in Red Boiling Springs, TN?
Red Boiling Springs, TN carries elevated vacancy risk. Expect consistent absorption at market rents of $855/mo.
How much does a house cost in Red Boiling Springs, TN?
Homes in Red Boiling Springs, TN typically sell near $204K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
What are rental rates like in Red Boiling Springs, TN?
Average rent in Red Boiling Springs, TN is approximately $855/mo per month. Against $204K home values that yields a reasonable rent-to-price ratio.
You know 37150 now. You don’t know where it ranks.
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How 37150 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
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