Real Estate Investing in Bruceton, Tennessee (38317)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38317 (Bruceton, 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: 21.1% 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 Bruceton, TN (38317)?
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Market Analysis: 38317 Bruceton
Not every below-median market is a bargain. Bruceton's 38317 ZIP posts signals that favor experienced operators who can absorb the risk $147K pricing implies.
From a cash-flow lens, the numbers look inviting — $147K purchase price, 0.0% nominal cap — the work to hit that pro forma in 38317 is substantial and deserves full respect.
In the broader TN picture, 38317 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 38317 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 38317 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 Bruceton:
Market Trends
Home Value History (with trend line)
📊 How Does 38317 Compare?
| Metric | 38317 | Bruceton | Tennessee |
|---|---|---|---|
| Home Value | $146,629 | $146,629 | $327,001 |
| 5-Year CAGR | 5.8% | 5.8% | 7.7% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.5% | 4.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38317 (Bruceton, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $146,629 |
| Monthly Rent | $846 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (4.5%). 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 38317
Population: 2,554
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 38317
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 is the typical rental rate in Bruceton, TN?
Bruceton, TN rentals go for roughly $846/mo a month. That puts gross yield in solid territory relative to $147K acquisition costs.
Are tenants stable in Bruceton, TN?
Tenant demand in Bruceton, TN is solid. The local workforce $846/mo rents across most rental classes.
What are vacancy rates like in Bruceton, TN?
Expect elevated vacancy in Bruceton, TN. Rents at $846/mo are absorbed by the tenant base without meaningful lag.
Where do home prices stand in Bruceton, TN?
Homes in Bruceton, TN typically sell near $147K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is Bruceton, TN a good market for buy-and-hold investors?
With a 3.0/5 investability score, Bruceton, TN ranks as a solid market for rental property investors. Median prices of $147K and rents of $846/mo drive the underlying numbers.
You know 38317 now. You don’t know where it ranks.
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