Real Estate Investing in Dyersburg, Tennessee (38030)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38030 (Dyersburg, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 18.1% of homes vacant — above national norms.
- Higher unemployment: 10.3% unemployment — tenant risk signal.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dyersburg, TN (38030)?
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Market Analysis: 38030 Dyersburg
ZIP 38030 in Dyersburg, TN carries a notable set of headwinds. Home values near $175K and rents of $837/mo sit inside a market where underwriting has to be tight.
On the rental side, the numbers look inviting — $175K purchase price, 0.0% nominal cap — the work to hit that pro forma in 38030 is substantial and deserves full respect.
In the broader TN picture, 38030 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A significant renter share of 43% in 38030 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 38030 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Dyersburg:
Market Trends
Home Value History (with trend line)
📊 How Does 38030 Compare?
| Metric | 38030 | Dyersburg | Dyersburg, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $174,510 | $173,081 | N/A | $327,001 |
| 5-Year CAGR | N/A | 3.6% | N/A | 7.7% |
| Avg Rent | $837 | $819 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38030 (Dyersburg, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,510 |
| Monthly Rent | $837 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 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 (3.7%). 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.
Demographics in 38030
Population: 166
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 38030
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
Investor Insight: With 1,084 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do experienced investors play Dyersburg, TN?
The best-fit strategy in Dyersburg, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Where do home prices stand in Dyersburg, TN?
Dyersburg, TN home values average about $175K. That price point suits investors targeting rentals with $837/mo in monthly income.
Is vacancy a concern in Dyersburg, TN?
Rental vacancy in Dyersburg, TN is elevated. Investors should budget normal turnover but not chronic empty units.
How viable is house hacking in Dyersburg, TN?
House hacking in Dyersburg, TN is a challenging. With home values around $175K and rents at $837/mo, owner-occupants can offset a meaningful share of PITI.
Are rents high in Dyersburg, TN?
Dyersburg, TN rentals go for roughly $837/mo a month. That puts gross yield in solid territory relative to $175K acquisition costs.
You know 38030 now. You don’t know where it ranks.
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