Real Estate Investing in Normandy, Tennessee (37360)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Coffee County • Population: 1,792 • Data updated: September 2026

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Should you buy in 37360 (Normandy, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.1% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 39.4 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Normandy, TN (37360)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $395,714
Avg Monthly Rent $837
1% Rule ✗ Does Not Meet
Median Income $79,700
% Renters 27.0%

Market Analysis: 37360 Normandy

Not every below-median market is a bargain. Normandy's 37360 ZIP stands at signals that favor experienced operators who can absorb the risk $396K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 37360 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

ZIP 37360's metrics run below Coffee County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A significant renter share of 27% in 37360 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Normandy:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Rising (+6.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $837/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Tullahoma-Manchester, TN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Tullahoma-Manchester, TN metro data

Market Trends

Home Value History (with trend line)

$419K$357K$294K$232K$169K$107KJul 2006Jul 2016Jul 2026

📊 How Does 37360 Compare?

Metric 37360 Normandy Tullahoma-Manchester, TN Tennessee
Home Value $395,714 $395,714 N/A $327,001
5-Year CAGR 6.5% 6.5% N/A 7.7%
Avg Rent $837 $837 N/A -
Cap Rate 1.7% 1.7% - -
💡 Why Invest in 37360? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37360 (Normandy, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.7%
Low
5yr Growth
+6.5%
Strong

📊 Market Snapshot

Home Value $395,714
Monthly Rent $837
Price-to-Rent 39.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.5%
Cap Rate 1.7%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +6.2% ▲
3-Year CAGR +5.0% ▲
5-Year CAGR +6.5% ▲
10-Year CAGR +8.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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.

Vacancy
11.1%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.5%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 37360

Population: 1,792

💰 Median Household Income
$79,700
This area
$79,700
State
$60,881
USA
$74,580
🏠 Renter Occupied
27.0%
This area
27.0%
State
25.6%
USA
34.0%
💼 Unemployment Rate
1.7%
This area
1.7%
State
-22.2%
USA
3.7%
🎓 College Educated
36.2%
This area
36.2%
State
-6.3%
USA
33.7%
👤 Median Age
49.1 years
This area
49.1 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
11.1%
This area
11.1%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 88.9%
Other/Mixed 10.3%
Hispanic/Latino 7.4%
Black/African American 0.7%
Asian 0.1%
👶 Under 18
15.4%
This area
15.4%
USA
22.0%
👴 65 and Over
13.5%
This area
13.5%
USA
17.3%
📊 Poverty Rate
1.2%
This area
1.2%
USA
11.5%

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

🎓 Nearby Colleges & Universities

3 Nearby 1,814 Off-Campus Students
C
Motlow State Community College
6,060 students · 6.1 mi
C
Love Beauty School Inc
64 students · 9.6 mi
C+
Tennessee College of Applied Technology-Shelbyville
544 students · 9.7 mi

Investor Insight: With 1,814 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What type of investing works in Normandy, TN?

In Normandy, TN the durable play is typically careful cash-flow rentals with hands-on management. The combination of $396K prices and $837/mo rents suits that approach.

What do landlords charge for rent in Normandy, TN?

Investors in Normandy, TN typically see rents near $837/mo per month against $396K home values - a solid setup for rental cash flow.

Are renters plentiful in Normandy, TN?

Expect a solid tenant pool in Normandy, TN. The rental market absorbs $837/mo rents without meaningful friction.

Are eviction rules reasonable in Normandy, TN?

Rental owners in Normandy, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Is real estate in Normandy, TN a good investment right now?

Our data puts Normandy, TN at 3.0/5 for investability. Home prices of $396K and rents around $837/mo create a solid backdrop for investor activity.

You know 37360 now. You don’t know where it ranks.

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How 37360 ranks in Tullahoma-Manchester, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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