Real Estate Investing in Guys, Tennessee (38339)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

McNairy County • Population: 464 • Data updated: September 2026

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Should you buy in 38339 (Guys, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 22.9% of homes vacant — above national norms.
  • Lower household income: $38,036 median — tenant affordability is tighter.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Guys, TN (38339)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $189,507
Avg Monthly Rent $837
1% Rule ✗ Does Not Meet
Median Income $38,036
% Renters 42.1%

Market Analysis: 38339 Guys

This part of McNairy County is not an easy win. The 38339 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The investment case in 38339 is sturdy only for operators who understand what they are buying. A $190K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within TN, ZIP 38339 trails on several market indicators that neighboring McNairy County submarkets outperform. The gap is real and notable enough to shape underwriting.

Resident income in 38339 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategically, 38339 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Guys:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Rising (+14.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $837/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$196K$186K$177K$167K$158K$148KFeb 2022May 2024Jul 2026

📊 How Does 38339 Compare?

Metric 38339 Guys Tennessee
Home Value $189,507 $189,507 $327,001
5-Year CAGR N/A N/A 7.7%
Avg Rent $837 $837 -
Cap Rate 3.5% 3.5% -
💡 Why Invest in 38339? Click to expand

A healthy rental market with 42% renter-occupied households ensures tenant availability.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 38339 (Guys, TN). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.5%
Low

📊 Market Snapshot

Home Value $189,507
Monthly Rent $837
Price-to-Rent 18.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.5%
5-Year IRR 8.4%

📈 Home Appreciation

1-Year +14.2% ▲
3-Year CAGR +5.0% ▲
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
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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.

Vacancy
22.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 38339

Population: 464

💰 Median Household Income
$38,036
This area
$38,036
State
$60,881
USA
$74,580
🏠 Renter Occupied
42.1%
This area
42.1%
State
25.6%
USA
34.0%
💼 Unemployment Rate
0.3%
This area
0.3%
State
-22.2%
USA
3.7%
🎓 College Educated
11.2%
This area
11.2%
State
-6.3%
USA
33.7%
👤 Median Age
51.2 years
This area
51.2 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
22.9%
This area
22.9%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 72.3%
Black/African American 24.3%
Other/Mixed 3.4%
👶 Under 18
17.8%
This area
17.8%
USA
22.0%
👴 65 and Over
26.1%
This area
26.1%
USA
17.3%
📊 Poverty Rate
15.7%
This area
15.7%
USA
11.5%

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

1 Nearby
D
Corinth Academy of Cosmetology
105 students · 8.2 mi

Frequently Asked Questions

How do home values compare in Guys, TN?

The median home value in Guys, TN is roughly $190K. That puts it reasonable relative to the TN statewide average.

What strategy should investors use in Guys, TN?

Most investors in Guys, 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.

How strong is Guys, TN for real estate investors?

Our data puts Guys, TN at 2.0/5 for investability. Home prices of $190K and rents around $837/mo create a solid backdrop for investor activity.

Do landlords face vacancy issues in Guys, TN?

Occupancy in Guys, TN runs steady with elevated vacancy. Well-priced units at $837/mo lease on reasonable timelines.

Is rental property easy to operate in Guys, TN?

TN law landlord-friendly for landlords, and Guys inherits those rules. Investors should still review local ordinances for rental licensing.

You know 38339 now. You don’t know where it ranks.

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