Real Estate Investing in Mansfield, Tennessee (38236)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38236 (Mansfield, 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: 14.3% of homes vacant — above national norms.
• 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 Mansfield, TN (38236)?
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Market Analysis: 38236 Mansfield
The 38236 ZIP covers a section of Mansfield that demands careful diligence. Prices near $258K look accessible, but the work to make a deal cash flow is real.
Rent of $891/mo on a $258K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 38236 sits below the stated 0.0% once reality is priced in.
ZIP 38236's metrics run below Henry County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 38236 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. notable returns are possible in 38236, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Mansfield:
Market Trends
Home Value History (with trend line)
📊 How Does 38236 Compare?
| Metric | 38236 | Mansfield | Paris, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $258,271 | $258,271 | N/A | $327,001 |
| 5-Year CAGR | N/A | N/A | N/A | 7.7% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38236 (Mansfield, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $258,271 |
| Monthly Rent | $891 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +19.5% ▲ |
| 3-Year CAGR | +8.7% ▲ |
| 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 (2.7%). 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 38236
Population: 966
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
How strong is tenant demand in Mansfield, TN?
Mansfield, TN draws a even-keeled base of working renters. Demand at the $891/mo rent level is reasonable for standard single-family and small multi rentals.
How viable is house hacking in Mansfield, TN?
The house hack math a challenging in Mansfield, TN. Owner-occupant buyers benefit from the $891/mo rents and $258K home values.
How expensive is real estate in Mansfield, TN?
The median home value in Mansfield, TN is roughly $258K. That puts it reasonable relative to the TN statewide average.
Do rentals sit vacant long in Mansfield, TN?
Expect elevated vacancy in Mansfield, TN. Rents at $891/mo are absorbed by the tenant base without meaningful lag.
How strict are landlord regulations in Mansfield, TN?
Mansfield, TN operates under TN law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
You know 38236 now. You don’t know where it ranks.
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How 38236 ranks in Paris, TN
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