Real Estate Investing in Nashville, Tennessee (37214)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37214 (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.
No major risk flags on the data we track.
What’s happening in Nashville, TN (37214)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37214 Nashville
This part of Davidson County is not an easy win. The 37214 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 37214 can be a an appealing option for hunting ground — but the discount at $366K reflects genuine risk that outside investors often underestimate.
Put differently, 37214 offers a low basis, the region around Nashville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 37214 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 37214 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 Nashville:
Property Strategy for 37214
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $201,370 | $1,820 | 6.5% | +7.2% | $201,370 |
| 2BR | $279,344 | $2,000 | 5.2% | +7.0% | $139,672 |
| 3BR | $383,598 | $2,560 | 4.8% | +7.3% | $127,866 |
| 4BR | $494,420 | $3,120 | 4.5% | +7.8% | $123,605 |
| 5BR | $598,767 | — | — | +7.7% | $119,753 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37214 Compare?
| Metric | 37214 | Nashville | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $365,928 | $470,816 | N/A | $327,001 |
| 5-Year CAGR | 4.4% | 4.4% | N/A | 7.7% |
| Avg Rent | $1,607 | $1,948 | N/A | - |
| Cap Rate | 3.4% | 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 37214 (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 | $365,928 |
| Monthly Rent | $1,607 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | -3.6% ▼ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +2.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 37214
Population: 30,547
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 37214
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 investment strategy works best in Nashville, TN?
Most investors in Nashville, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the average monthly rent in Nashville, TN?
Expect rents around $1,607/mo per month in Nashville, TN. With home values at $366K, the yield math works out to reasonable levels for rental investors.
What kind of vacancy should I budget for in Nashville, TN?
Nashville, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I live-in-and-rent in Nashville, TN?
House hacking in Nashville, TN is a challenging. With home values around $366K and rents at $1,607/mo, owner-occupants can offset a meaningful share of PITI.
Is Nashville, TN landlord-friendly?
TN law landlord-friendly for landlords, and Nashville inherits those rules. Investors should still review local ordinances for rental licensing.
You know 37214 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37214 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 37214 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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