Real Estate Investing in Wildersville, Tennessee (38388)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38388 (Wildersville, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 39.2% 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 Wildersville, TN (38388)?
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Market Analysis: 38388 Wildersville
This part of Henderson County is not an easy win. The 38388 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 38388 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 38388 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 38388 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.
New investors are better served looking at Wildersville's stable or hybrid ZIPs before stepping into 38388. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wildersville:
Market Trends
Home Value History (with trend line)
📊 How Does 38388 Compare?
| Metric | 38388 | Wildersville | Tennessee |
|---|---|---|---|
| Home Value | $221,413 | $221,413 | $327,001 |
| 5-Year CAGR | 7.2% | 7.2% | 7.7% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 38388 (Wildersville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $221,413 |
| Monthly Rent | $837 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +12.8% ▲ |
| 3-Year CAGR | +9.5% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (3.0%). 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 38388
Population: 1,427
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 38388
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 are rental rates like in Wildersville, TN?
Rental rates in Wildersville, TN average $837/mo. Tenant demand and $221K home values make the yield look reasonable by investor standards.
Are there empty rentals in Wildersville, TN?
Vacancy in Wildersville, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $837/mo.
How does Wildersville, TN stack up for property investment?
Yes - Wildersville, TN a 3.0/5 investability score. With $221K home prices against $837/mo monthly rent, the market delivers a reasonable entry point for new investors.
What investment strategy works best in Wildersville, TN?
Most investors in Wildersville, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How do home values compare in Wildersville, TN?
Homes in Wildersville, TN typically sell near $221K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
You know 38388 now. You don’t know where it ranks.
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