Real Estate Investing in Lavinia, Tennessee (38348)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38348 (Lavinia, TN)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 20.1% of homes vacant — above national norms.
- Higher unemployment: 7.4% unemployment — tenant risk signal.
- Lower household income: $27,214 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 Lavinia, TN (38348)?
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Market Analysis: 38348 Lavinia
Looking more closely, ZIP 38348 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $204K median. It rewards specialists, not generalists.
The investment case in 38348 is sturdy only for operators who understand what they are buying. A $204K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 38348 and stronger Lavinia ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 38348 ZIP's population of 987 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Distressed ZIPs reward experience. solid returns are possible in 38348, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lavinia:
Market Trends
Home Value History (with trend line)
📊 How Does 38348 Compare?
| Metric | 38348 | Lavinia | Tennessee |
|---|---|---|---|
| Home Value | $203,520 | $203,520 | $327,001 |
| 5-Year CAGR | N/A | N/A | 7.7% |
| Avg Rent | $1,008 | $1,008 | - |
| Cap Rate | 3.9% | 3.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38348 (Lavinia, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,520 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 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 (3.9%). 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 38348
Population: 987
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
How tight is the rental market in Lavinia, TN?
Vacancy risk in Lavinia, TN is elevated. That supports steady cash flow for typical rental holds.
How qualified is the tenant pool in Lavinia, TN?
The tenant pool in Lavinia, TN is solid, supported by local employment and population fundamentals. Rents of $1,008/mo are well-absorbed by the market.
Does a duplex house hack pencil in Lavinia, TN?
For house hackers, Lavinia, TN is a challenging. The $1,008/mo rent on a unit helps defray the mortgage on a $204K property.
How much is rent in Lavinia, TN?
Rents in Lavinia, TN run near $1,008/mo. Compared with median home prices of $204K that produces solid gross yields for typical rentals.
What price range are homes in Lavinia, TN?
The median home value in Lavinia, TN is roughly $204K. That puts it reasonable relative to the TN statewide average.
You know 38348 now. You don’t know where it ranks.
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