Real Estate Investing in Munford, Tennessee (38058)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38058 (Munford, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
What’s happening in Munford, TN (38058)?
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Market Analysis: 38058 Munford
This part of Tipton County is not an easy win. The 38058 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,200/mo on a $289K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 38058 sits below the stated 0.0% once reality is priced in.
Regionally, 38058 sits on the difficult end of the TN spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
From an investor standpoint, 10,900 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 38058 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 Munford:
Property Strategy for 38058
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $270,598 | $1,600 | 4.3% | +9.1% | $90,199 |
| 4BR | $354,685 | $1,880 | 3.8% | +7.8% | $88,671 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 38058 Compare?
| Metric | 38058 | Munford | Memphis, TN-MS-AR | Tennessee |
|---|---|---|---|---|
| Home Value | $289,070 | $289,070 | N/A | $327,001 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.7% |
| Avg Rent | $1,200 | $1,200 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38058 (Munford, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $289,070 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.2%). 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 38058
Population: 10,900
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 38058
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
Frequently Asked Questions
What investment strategy works best in Munford, TN?
The best-fit strategy in Munford, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How much is rent in Munford, TN?
The typical rental in Munford, TN commands about $1,200/mo monthly. That rent profile consistent cash flow against the $289K purchase basis.
Where do home prices stand in Munford, TN?
Homes in Munford, TN typically sell near $289K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is TN a landlord-friendly state?
For rental operators, Munford, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Are there empty rentals in Munford, TN?
Rental vacancy in Munford, TN is elevated. Investors should budget normal turnover but not chronic empty units.
You know 38058 now. You don’t know where it ranks.
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How 38058 ranks in Memphis, TN-MS-AR
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