Real Estate Investing in Enville, Tennessee (38332)
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Should you buy in 38332 (Enville, TN)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.5% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Enville, TN (38332)?
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Market Analysis: 38332 Enville
ZIP 38332 inside Chester County looks affordable on the surface — median value of $120K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 38332 is notable only for operators who understand what they are buying. A $120K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 38332 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 38332 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Enville:
Market Trends
Home Value History (with trend line)
📊 How Does 38332 Compare?
| Metric | 38332 | Enville | Jackson, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $120,103 | $120,103 | N/A | $327,001 |
| 5-Year CAGR | 0.7% | 0.7% | N/A | 7.7% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 6.6% | 6.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38332 (Enville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $120,103 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 9.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.1% |
| Cap Rate | 6.6% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | -1.0% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 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 (6.6%). 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 38332
Population: 1,170
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
Which real estate strategy fits Enville, TN?
The best-fit strategy in Enville, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What are rental rates like in Enville, TN?
Rental rates in Enville, TN average $1,008/mo. Tenant demand and $120K home values make the yield look reasonable by investor standards.
How much should I expect to pay for a home in Enville, TN?
Expect median prices around $120K in Enville, TN. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Is the tenant base reliable in Enville, TN?
The renter base in Enville, TN is reasonable for the $1,008/mo price point. Screening well and pricing to market typically yields measured tenants.
Should investors worry about vacancy in Enville, TN?
Enville, TN sees elevated vacancy, which is reasonable relative to the broader TN rental market.
You know 38332 now. You don’t know where it ranks.
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How 38332 ranks in Jackson, TN
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