Real Estate Investing in Jacks Creek, Tennessee (38347)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38347 (Jacks Creek, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.2% of homes vacant — above national norms.
- Higher unemployment: 13.6% unemployment — tenant risk signal.
- Lower household income: $39,107 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 Jacks Creek, TN (38347)?
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Market Analysis: 38347 Jacks Creek
The 38347 ZIP in Jacks Creek, TN is a local-operator market. Outside capital chasing a $160K entry has to pair deep knowledge with the discount.
The investment case in 38347 is durable only for operators who understand what they are buying. A $160K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 38347 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 38347 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.
Strategy in 38347 is an operator game, not a passive one. From a cash-flow lens, entry prices of $160K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Jacks Creek:
Market Trends
Home Value History (with trend line)
📊 How Does 38347 Compare?
| Metric | 38347 | Jacks Creek | Jackson, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $159,572 | $159,572 | N/A | $327,001 |
| 5-Year CAGR | N/A | N/A | N/A | 7.7% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38347 (Jacks Creek, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $159,572 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 14.6% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | N/A |
| 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 (4.9%). 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 38347
Population: 479
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 38347
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 average home sale price in Jacks Creek, TN?
Typical homes in Jacks Creek, TN go for around $160K. The 5-year CAGR of 0.0% reliable price movement.
What kind of market is Jacks Creek, TN for investors?
Investors tracking Jacks Creek, TN will find a 2.0/5 rating supported by $160K median home values and $1,008/mo rents. That profile suits long-term holders targeting measured returns.
Does a duplex house hack pencil in Jacks Creek, TN?
For house hackers, Jacks Creek, TN is a challenging. The $1,008/mo rent on a unit helps defray the mortgage on a $160K property.
How much do tenants pay in Jacks Creek, TN?
Rent in Jacks Creek, TN is around $1,008/mo. The resulting rent-to-value relationship with $160K pricing is reasonable for most investor models.
How strict are landlord regulations in Jacks Creek, TN?
Rental owners in Jacks Creek, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 38347 now. You don’t know where it ranks.
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How 38347 ranks in Jackson, TN
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