Real Estate Investing in Ramer, Tennessee (38367)

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

McNairy County • Population: 2,668 • Data updated: September 2026

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Should you buy in 38367 (Ramer, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 20.4% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Ramer, TN (38367)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $173,874
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $48,250
% Renters 19.7%

Market Analysis: 38367 Ramer

On the rental side, ZIP 38367 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $174K median. It rewards specialists, not generalists.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $174K asset, 38367 is the wrong submarket. If the plan prices in friction, the yield can still work.

From a cash-flow lens, 38367 offers a low basis, the region around Ramer has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Who lives in 38367 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 38367 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Ramer:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Rising (+7.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/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)

$182K$158K$134K$110K$86K$62KJul 2006Jul 2016Jul 2026

📊 How Does 38367 Compare?

Metric 38367 Ramer Tennessee
Home Value $173,874 $173,874 $327,001
5-Year CAGR 5.7% 5.7% 7.7%
Avg Rent $909 $909 -
Cap Rate 4.1% 4.1% -
💡 Why Invest in 38367? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 38367 (Ramer, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+5.7%
Moderate

📊 Market Snapshot

Home Value $173,874
Monthly Rent $909
Price-to-Rent 15.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.3%
Cap Rate 4.1%
5-Year IRR 9.8%

📈 Home Appreciation

1-Year +7.7% ▲
3-Year CAGR +2.3% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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
20.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 38367

Population: 2,668

💰 Median Household Income
$48,250
This area
$48,250
State
$60,881
USA
$74,580
🏠 Renter Occupied
19.7%
This area
19.7%
State
25.6%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-22.2%
USA
3.7%
🎓 College Educated
12.4%
This area
12.4%
State
-6.3%
USA
33.7%
👤 Median Age
46.2 years
This area
46.2 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
20.4%
This area
20.4%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 95.2%
Black/African American 4.8%
👶 Under 18
18.5%
This area
18.5%
USA
22.0%
👴 65 and Over
20.1%
This area
20.1%
USA
17.3%
📊 Poverty Rate
5.6%
This area
5.6%
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

🎓 Schools in 38367

A Avg School Grade
1 Schools
11.3:1 Avg Class Size
$11,277 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Ramer Elementary

📚 Pre-K – 08 School
👥
370 Students
👨‍🏫
11.3:1 Class Size
💰
$11,277 Per Student
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

1 Nearby
D
Corinth Academy of Cosmetology
105 students · 10.2 mi

Frequently Asked Questions

Do landlords face vacancy issues in Ramer, TN?

Expect elevated vacancy in Ramer, TN. Rents at $909/mo are absorbed by the tenant base without meaningful lag.

What strategy should investors use in Ramer, TN?

A careful cash-flow rentals with hands-on management strategy Ramer, TN best. The market produces stable results for that approach at the $174K price point.

How does Ramer, TN stack up for property investment?

Ramer, TN registers an investability rating of 3.0/5, with median home values near $174K and average rents around $909/mo. That combination puts it in the robust tier for investor interest.

Are landlord laws favorable in Ramer, TN?

Ramer, TN operates under TN law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.

What do landlords charge for rent in Ramer, TN?

Rent in Ramer, TN is around $909/mo. The resulting rent-to-value relationship with $174K pricing is reasonable for most investor models.

You know 38367 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 38367 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.

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