Real Estate Investing in Jackson, Tennessee (38301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38301 (Jackson, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.7% of homes vacant — above national norms.
- Elevated poverty: 25.3% poverty rate — can affect rent collection.
- Lower household income: $37,692 median — tenant affordability is tighter.
What’s happening in Jackson, TN (38301)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38301 Jackson
ZIP 38301 inside Madison County looks affordable on the surface — median value of $139K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 38301 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader TN picture, 38301 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 38301 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 38301 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Jackson:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 38301 Compare?
| Metric | 38301 | Jackson | Jackson, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $138,612 | $106,880 | N/A | $327,001 |
| 5-Year CAGR | 2.7% | 4.3% | N/A | 7.7% |
| Avg Rent | $1,220 | $1,248 | N/A | - |
| Cap Rate | 6.9% | 4.9% | - | - |
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 38301 (Jackson, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 38301 (Jackson, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $138,612 |
| Monthly Rent | $1,220 |
| Price-to-Rent | 9.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.6% |
| Cap Rate | 6.9% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | -7.8% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 38301
Population: 33,336
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 38301
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 3,633 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Jackson, TN?
Jackson, TN median home values land near $139K. That is reasonable territory for investors looking at $1,220/mo-per-month rentals.
Are eviction rules reasonable in Jackson, TN?
Rental owners in Jackson, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What monthly rent should investors expect in Jackson, TN?
Rents in Jackson, TN run near $1,220/mo. Compared with median home prices of $139K that produces solid gross yields for typical rentals.
How does Jackson, TN stack up for property investment?
With a 3.0/5 investability score, Jackson, TN ranks as a solid market for rental property investors. Median prices of $139K and rents of $1,220/mo drive the underlying numbers.
How qualified is the tenant pool in Jackson, TN?
Jackson, TN draws a steady base of working renters. Demand at the $1,220/mo rent level is reasonable for standard single-family and small multi rentals.
You know 38301 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38301 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 38301 ranks in Jackson, TN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 38301 (Jackson)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 38301 (Jackson, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.