Real Estate Investing in Nashville, Tennessee (37205)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37205 (Nashville, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 40.4 — hard to cash-flow at these prices.
What’s happening in Nashville, TN (37205)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37205 Nashville
The 37205 ZIP covers a section of Nashville that demands careful diligence. Prices near $1.1M look accessible, but the work to make a deal cash flow is real.
Rent of $2,242/mo on a $1.1M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37205 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Nashville have seen price recovery that 37205 has not matched. Davidson County data supports the view that the spread is structural rather than temporary.
The demographic picture in 37205 includes headwinds that any investor should price in. Income distribution skews lower than Nashville averages, and tenant stability requires active management.
New investors are better served looking at Nashville's stable or hybrid ZIPs before stepping into 37205. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Nashville:
Property Strategy for 37205
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $273,855 | $2,030 | 5.3% | +5.0% | $273,855 |
| 2BR | $465,621 | $2,230 | 3.4% | +4.9% | $232,811 |
| 3BR | $846,258 | $2,850 | 2.4% | +8.5% | $282,086 |
| 4BR | $1,413,616 | $3,470 | 1.8% | +10.2% | $353,404 |
| 5BR | $2,624,079 | — | — | +11.7% | $524,816 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37205 Compare?
| Metric | 37205 | Nashville | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $1,085,560 | $470,816 | N/A | $327,001 |
| 5-Year CAGR | 7.2% | 4.4% | N/A | 7.7% |
| Avg Rent | $2,242 | $1,948 | N/A | - |
| Cap Rate | 1.6% | 3.1% | - | - |
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 37205 (Nashville, TN). Anonymous, moderated, never written by AI.
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Property managers serving Davidson County
Manage rentals here? List your business →All County Music City provides full-service residential property management in Nashville, TN, and surrounding areas, focusing on maximizing rental property investment returns. summary from their website
ZoDev Design specializes in 3D architectural renderings and animations for commercial and residential architectural development projects. summary from their website
Elmington specializes in multifamily real estate development. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,085,560 |
| Monthly Rent | $2,242 |
| Price-to-Rent | 40.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.6%). 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 37205
Population: 24,557
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 37205
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Julia Green Elementary
Percy Priest Elementary
Hillsboro High
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 3,373 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Nashville, TN?
The typical rental in Nashville, TN commands about $2,242/mo monthly. That rent profile stable cash flow against the $1.1M purchase basis.
Is Nashville, TN good for landlords?
TN law landlord-friendly for landlords, and Nashville inherits those rules. Investors should still review local ordinances for rental licensing.
Which investment style suits Nashville, TN?
The best-fit strategy in Nashville, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What kind of tenants rent in Nashville, TN?
Nashville, TN draws a predictable base of working renters. Demand at the $2,242/mo rent level is reasonable for standard single-family and small multi rentals.
What is the rental occupancy rate in Nashville, TN?
Vacancy in Nashville, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,242/mo.
You know 37205 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37205 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37205 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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