Real Estate Investing in Woodlawn, Tennessee (37191)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37191 (Woodlawn, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.0% 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 Woodlawn, TN (37191)?
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Market Analysis: 37191 Woodlawn
Not every below-median market is a bargain. Woodlawn's 37191 ZIP reflects signals that favor experienced operators who can absorb the risk $316K pricing implies.
The 37191 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Woodlawn have seen price recovery that 37191 has not matched. Montgomery County data supports the view that the spread is structural rather than temporary.
Resident income in 37191 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 37191 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 Woodlawn:
Market Trends
Home Value History (with trend line)
📊 How Does 37191 Compare?
| Metric | 37191 | Woodlawn | Clarksville, TN-KY | Tennessee |
|---|---|---|---|---|
| Home Value | $315,903 | $315,903 | N/A | $327,001 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.7% |
| Avg Rent | $1,152 | $1,152 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 37191 (Woodlawn, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $315,903 |
| Monthly Rent | $1,152 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.8%). 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 37191
Population: 3,998
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 37191
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
Investor Insight: With 1,491 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Woodlawn, TN for investors?
Our data puts Woodlawn, TN at 3.0/5 for investability. Home prices of $316K and rents around $1,152/mo create a solid backdrop for investor activity.
What strategy should investors use in Woodlawn, TN?
A careful cash-flow rentals with hands-on management strategy Woodlawn, TN best. The market produces reliable results for that approach at the $316K price point.
What kind of vacancy should I budget for in Woodlawn, TN?
Woodlawn, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How deep is the rental pool in Woodlawn, TN?
The tenant pool in Woodlawn, TN is solid, supported by local employment and population fundamentals. Rents of $1,152/mo are well-absorbed by the market.
How expensive is real estate in Woodlawn, TN?
The median home value in Woodlawn, TN is roughly $316K. That puts it reasonable relative to the TN statewide average.
You know 37191 now. You don’t know where it ranks.
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How 37191 ranks in Clarksville, TN-KY
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