Real Estate Investing in Nashville, Tennessee (37220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37220 (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 (37220)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37220 Nashville
This part of Davidson County is not an easy win. The 37220 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 37220 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 37220 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 37220 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.
The right play in 37220 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Nashville:
Property Strategy for 37220
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $509,830 | $2,470 | 3.5% | +8.1% | $254,915 |
| 3BR | $726,124 | $3,120 | 3.1% | +8.7% | $242,041 |
| 4BR | $1,074,301 | $3,840 | 2.6% | +10.2% | $268,575 |
| 5BR | $2,543,734 | — | — | +11.3% | $508,747 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37220 Compare?
| Metric | 37220 | Nashville | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $921,698 | $470,816 | N/A | $327,001 |
| 5-Year CAGR | 7.0% | 4.4% | N/A | 7.7% |
| Avg Rent | $3,098 | $1,948 | N/A | - |
| Cap Rate | 2.6% | 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 37220 (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 | $921,698 |
| Monthly Rent | $3,098 |
| Price-to-Rent | 24.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.6%). 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 37220
Population: 5,483
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 37220
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Glendale Elementary
Waverly-Belmont Elementary School
John Trotwood Moore Middle
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 990 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Nashville, TN?
Nashville, TN rentals go for roughly $3,098/mo a month. That puts gross yield in solid territory relative to $922K acquisition costs.
Are tenants stable in Nashville, TN?
The renter base in Nashville, TN is reasonable for the $3,098/mo price point. Screening well and pricing to market typically yields steady tenants.
Is Nashville, TN better for rentals, flips, or BRRRR?
A careful cash-flow rentals with hands-on management strategy Nashville, TN best. The market produces steady results for that approach at the $922K price point.
Is vacancy a concern in Nashville, TN?
Nashville, TN sees elevated vacancy, which is reasonable relative to the broader TN rental market.
Is TN a landlord-friendly state?
For rental operators, Nashville, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 37220 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37220 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 37220 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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