Real Estate Investing in South Fulton, Tennessee (38257)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38257 (South Fulton, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.4% 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 South Fulton, TN (38257)?
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Market Analysis: 38257 South Fulton
Investors eyeing 38257 need to respect the fundamentals at play. Home values of $159K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 38257 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader TN picture, 38257 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 38257 ZIP's population of 4,205 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
New investors are better served looking at South Fulton's stable or hybrid ZIPs before stepping into 38257. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in South Fulton:
Market Trends
Home Value History (with trend line)
📊 How Does 38257 Compare?
| Metric | 38257 | South Fulton | Union City, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $158,907 | $158,907 | N/A | $327,001 |
| 5-Year CAGR | 7.8% | 7.8% | N/A | 7.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38257 (South Fulton, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,907 |
| Monthly Rent | $864 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (4.2%). 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 38257
Population: 4,205
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 38257
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 527 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in South Fulton, TN?
South Fulton, TN home values average about $159K. That price point suits investors targeting rentals with $864/mo in monthly income.
Does South Fulton, TN favor landlords or tenants?
Rental owners in South Fulton, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the average monthly rent in South Fulton, TN?
Expect rents around $864/mo per month in South Fulton, TN. With home values at $159K, the yield math works out to reasonable levels for rental investors.
Is house hacking profitable in South Fulton, TN?
House hacking in South Fulton, TN is reasonable to execute. Prices around $159K and rents of $864/mo solid owner-occupant economics.
Are tenants stable in South Fulton, TN?
Working renters make up the core of the South Fulton, TN tenant base. The pool is reasonable for investors targeting long-term holds.
You know 38257 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38257 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 38257 ranks in Union City, TN
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