Real Estate Investing in Shady Valley, Tennessee (37688)
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Should you buy in 37688 (Shady Valley, TN)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 22.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Shady Valley, TN (37688)?
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Market Analysis: 37688 Shady Valley
This part of Johnson County is not an easy win. The 37688 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 37688 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within TN, ZIP 37688 trails on several market indicators that neighboring Johnson County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Who lives in 37688 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 37688 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 Shady Valley:
Market Trends
Home Value History (with trend line)
📊 How Does 37688 Compare?
| Metric | 37688 | Shady Valley | Tennessee |
|---|---|---|---|
| Home Value | $240,815 | $240,815 | $327,001 |
| 5-Year CAGR | N/A | N/A | 7.7% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37688 (Shady Valley, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $240,815 |
| Monthly Rent | $909 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.9%). 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 37688
Population: 1,057
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
Frequently Asked Questions
What is the investability score for Shady Valley, TN?
Shady Valley, TN reports an investability rating of 2.0/5, with median home values near $241K and average rents around $909/mo. That combination puts it in the significant tier for investor interest.
How much do tenants pay in Shady Valley, TN?
Expect rents around $909/mo per month in Shady Valley, TN. With home values at $241K, the yield math works out to reasonable levels for rental investors.
What approach is best for Shady Valley, TN real estate?
The best-fit strategy in Shady Valley, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How do landlord-tenant laws work in Shady Valley, TN?
TN law landlord-friendly for landlords, and Shady Valley inherits those rules. Investors should still review local ordinances for rental licensing.
What are home prices like in Shady Valley, TN?
The median home value in Shady Valley, TN is roughly $241K. That puts it reasonable relative to the TN statewide average.
You know 37688 now. You don’t know where it ranks.
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