Real Estate Investing in Morrison, Tennessee (37301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37301 (Morrison, 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: 27.3% of homes vacant — above national norms.
- Lower household income: $39,363 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Morrison, TN (37301)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37301 Morrison
Not every below-median market is a bargain. Morrison's 37301 ZIP registers signals that favor experienced operators who can absorb the risk $209K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 37301 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 37301's metrics run below Grundy County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 37301 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 37301 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 Morrison:
Market Trends
Home Value History (with trend line)
📊 How Does 37301 Compare?
| Metric | 37301 | Morrison | Tennessee |
|---|---|---|---|
| Home Value | $209,370 | $268,010 | $327,001 |
| 5-Year CAGR | 6.5% | 6.9% | 7.7% |
| Avg Rent | $900 | $1,044 | - |
| Cap Rate | 3.4% | 3.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37301 (Morrison, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $209,370 |
| Monthly Rent | $900 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (3.4%). 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 37301
Population: 1,319
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 37301
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.
Frequently Asked Questions
Where do rents currently stand in Morrison, TN?
Investors in Morrison, TN typically see rents near $900/mo per month against $209K home values - a solid setup for rental cash flow.
What is the typical renter like in Morrison, TN?
Tenant quality in Morrison, TN ranks as solid. Landlords generally report measured occupancy at market rents of $900/mo.
What is the median home value in Morrison, TN?
Typical homes in Morrison, TN go for around $209K. The 5-year CAGR of 0.0% predictable price movement.
What kind of market is Morrison, TN for investors?
Our data puts Morrison, TN at 3.0/5 for investability. Home prices of $209K and rents around $900/mo create a solid backdrop for investor activity.
Are landlord laws favorable in Morrison, TN?
Morrison, TN operates under TN law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
You know 37301 now. You don’t know where it ranks.
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