Real Estate Investing in Medina, Tennessee (38355)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38355 (Medina, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Medina, TN (38355)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38355 Medina
Not every below-median market is a bargain. Medina's 38355 ZIP shows signals that favor experienced operators who can absorb the risk $326K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $326K asset, 38355 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TN, ZIP 38355 trails on several market indicators that neighboring Gibson County submarkets outperform. The gap is real and notable enough to shape underwriting.
The 38355 ZIP's population of 8,244 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The 38355 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Medina:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 38355 Compare?
| Metric | 38355 | Medina | Jackson, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $325,938 | $325,938 | N/A | $327,001 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.7% |
| Avg Rent | $1,775 | $1,775 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38355 (Medina, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 38355 (Medina, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $325,938 |
| Monthly Rent | $1,775 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (4.3%). 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 38355
Population: 8,244
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 38355
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
Investor Insight: With 1,206 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Medina, TN?
Medina, TN rentals go for roughly $1,775/mo a month. That puts gross yield in solid territory relative to $326K acquisition costs.
What is the typical vacancy rate in Medina, TN?
Medina, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Medina, TN a smart market for rental property?
With a 3.0/5 investability score, Medina, TN ranks as a solid market for rental property investors. Median prices of $326K and rents of $1,775/mo drive the underlying numbers.
What are home prices like in Medina, TN?
The median home value in Medina, TN is roughly $326K. That puts it reasonable relative to the TN statewide average.
What is the renter demographic in Medina, TN?
Tenant quality in Medina, TN ranks as solid. Landlords generally report steady occupancy at market rents of $1,775/mo.
You know 38355 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38355 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 38355 ranks in Jackson, TN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 38355 (Medina)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 38355 (Medina, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.