Real Estate Investing in Shelbyville, Tennessee (37180)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37180 (Shelbyville, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 25.7 — 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 Shelbyville, TN (37180)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37180 Shelbyville
ZIP 37180 inside Bedford County looks affordable on the surface — median value of $366K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 37180 is significant only for operators who understand what they are buying. A $366K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 37180's metrics run below Bedford County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 37180 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Shelbyville:
Market Trends
Home Value History (with trend line)
📊 How Does 37180 Compare?
| Metric | 37180 | Shelbyville | Shelbyville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $365,942 | $340,428 | N/A | $327,001 |
| 5-Year CAGR | 6.6% | 6.4% | N/A | 7.7% |
| Avg Rent | $1,188 | $1,301 | N/A | - |
| Cap Rate | 2.5% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37180 (Shelbyville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $365,942 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 25.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 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 (2.5%). 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 37180
Population: 3,831
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 37180
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 average home sale price in Shelbyville, TN?
Typical homes in Shelbyville, TN go for around $366K. The 5-year CAGR of 0.0% stable price movement.
What is the renter demographic in Shelbyville, TN?
Tenant quality in Shelbyville, TN ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,188/mo.
Is Shelbyville, TN a good market for buy-and-hold investors?
Investors tracking Shelbyville, TN will find a 3.0/5 rating supported by $366K median home values and $1,188/mo rents. That profile suits long-term holders targeting even-keeled returns.
Is Shelbyville, TN suited for a house hack?
For house hackers, Shelbyville, TN is a challenging. The $1,188/mo rent on a unit helps defray the mortgage on a $366K property.
Does Shelbyville, TN favor landlords or tenants?
Rental owners in Shelbyville, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 37180 now. You don’t know where it ranks.
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