Real Estate Investing in Darden, Tennessee (38328)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38328 (Darden, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 29.2% 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 Darden, TN (38328)?
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Market Analysis: 38328 Darden
Investors eyeing 38328 need to respect the fundamentals at play. Home values of $238K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 38328 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 38328 sits on the difficult end of the TN spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 38328 ZIP's population of 1,011 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
The right play in 38328 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Darden:
Market Trends
Home Value History (with trend line)
📊 How Does 38328 Compare?
| Metric | 38328 | Darden | Tennessee |
|---|---|---|---|
| Home Value | $237,683 | $237,683 | $327,001 |
| 5-Year CAGR | N/A | N/A | 7.7% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38328 (Darden, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $237,683 |
| Monthly Rent | $837 |
| Price-to-Rent | 23.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 13.3% |
📈 Home Appreciation
| 1-Year | +16.2% ▲ |
| 3-Year CAGR | +10.5% ▲ |
| 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 (2.8%). 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 38328
Population: 1,011
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
Does house hacking work in Darden, TN?
House hacking works a challenging in Darden, TN. Rents of $837/mo against $238K acquisition make the strategy solid for owner-occupants.
What is the smart move for investors in Darden, TN?
Most investors in Darden, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
What is the renter demographic in Darden, TN?
Tenant quality in Darden, TN ranks as solid. Landlords generally report predictable occupancy at market rents of $837/mo.
Does Darden, TN favor landlords or tenants?
Rental owners in Darden, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How much does a house cost in Darden, TN?
Homes in Darden, TN typically sell near $238K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
You know 38328 now. You don’t know where it ranks.
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