Real Estate Investing in Saulsbury, Tennessee (38067)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38067 (Saulsbury, 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.
- High vacancy: 25.6% of homes vacant — above national norms.
- Higher unemployment: 7.9% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Saulsbury, TN (38067)?
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Market Analysis: 38067 Saulsbury
Investors eyeing 38067 need to respect the fundamentals at play. Home values of $148K come alongside slower price movement and elevated management overhead.
From a cash-flow lens, the numbers look inviting — $148K purchase price, 0.0% nominal cap — the work to hit that pro forma in 38067 is substantial and deserves full respect.
In practical terms, 38067 offers a low basis, the region around Saulsbury has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Looking more closely, 1,890 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.
New investors are better served looking at Saulsbury's stable or hybrid ZIPs before stepping into 38067. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Saulsbury:
Market Trends
Home Value History (with trend line)
📊 How Does 38067 Compare?
| Metric | 38067 | Saulsbury | Tennessee |
|---|---|---|---|
| Home Value | $147,891 | $147,891 | $327,001 |
| 5-Year CAGR | 8.0% | 8.0% | 7.7% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 4.4% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38067 (Saulsbury, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $147,891 |
| Monthly Rent | $837 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +12.5% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (4.4%). 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 38067
Population: 1,890
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
Frequently Asked Questions
What is the average monthly rent in Saulsbury, TN?
Average rent in Saulsbury, TN is approximately $837/mo per month. Against $148K home values that yields a reasonable rent-to-price ratio.
What is the tenant pool like in Saulsbury, TN?
Tenant quality in Saulsbury, TN ranks as solid. Landlords generally report consistent occupancy at market rents of $837/mo.
Are there empty rentals in Saulsbury, TN?
Expect elevated vacancy in Saulsbury, TN. Rents at $837/mo are absorbed by the tenant base without meaningful lag.
Is Saulsbury, TN suited for a house hack?
Saulsbury, TN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $148K price point reasonable to enter.
Should investors consider Saulsbury, TN?
Our data puts Saulsbury, TN at 3.0/5 for investability. Home prices of $148K and rents around $837/mo create a solid backdrop for investor activity.
You know 38067 now. You don’t know where it ranks.
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