Real Estate Investing in Westmoreland, Tennessee (37186)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37186 (Westmoreland, 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: 13.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Westmoreland, TN (37186)?
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Market Analysis: 37186 Westmoreland
The 37186 ZIP covers a section of Westmoreland that demands careful diligence. Prices near $288K look accessible, but the work to make a deal cash flow is real.
The investment case in 37186 is durable only for operators who understand what they are buying. A $288K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 37186's metrics run below Sumner County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 37186 includes headwinds that any investor should price in. Income distribution skews lower than Westmoreland averages, and tenant stability requires active management.
Distressed ZIPs reward experience. significant returns are possible in 37186, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Westmoreland:
Property Strategy for 37186
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $217,830 | $1,320 | 4.4% | +10.8% | $108,915 |
| 3BR | $313,437 | $1,660 | 3.8% | +9.1% | $104,479 |
Market Trends
Home Value History (with trend line)
📊 How Does 37186 Compare?
| Metric | 37186 | Westmoreland | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $288,095 | $288,095 | N/A | $327,001 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 7.7% |
| Avg Rent | $1,188 | $1,188 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 37186 (Westmoreland, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $288,095 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 20.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (3.2%). 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 37186
Population: 10,644
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 37186
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
How much should I expect to pay for a home in Westmoreland, TN?
Typical homes in Westmoreland, TN go for around $288K. The 5-year CAGR of 0.0% reliable price movement.
What is the typical renter like in Westmoreland, TN?
Westmoreland, TN offers a even-keeled renter base at the $1,188/mo rent level. Tenant turnover is reasonable for well-managed properties.
Are eviction rules reasonable in Westmoreland, TN?
For rental operators, Westmoreland, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Can I house hack in Westmoreland, TN?
Westmoreland, TN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,188/mo rent level.
Is Westmoreland, TN better for rentals, flips, or BRRRR?
For Westmoreland, TN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 37186 now. You don’t know where it ranks.
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How 37186 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
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