Real Estate Investing in Denmark, Tennessee (38391)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38391 (Denmark, 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: 14.0% 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 Denmark, TN (38391)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38391 Denmark
On the rental side, ZIP 38391 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $192K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $192K asset, 38391 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 38391 sits on the difficult end of the TN spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 38391 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Denmark:
Market Trends
Home Value History (with trend line)
📊 How Does 38391 Compare?
| Metric | 38391 | Denmark | Jackson, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $192,010 | $192,010 | N/A | $327,001 |
| 5-Year CAGR | N/A | N/A | N/A | 7.7% |
| Avg Rent | $1,179 | $1,179 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38391 (Denmark, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $192,010 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 13.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 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 (4.8%). 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 38391
Population: 1,507
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 38391
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 3,633 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Denmark, TN make sense for an investment property?
The 2.0/5 investability rating in Denmark, TN reflects its $192K prices and $1,179/mo rents. Investors generally consider it a solid option within TN.
How strong are rents in Denmark, TN?
Investors in Denmark, TN typically see rents near $1,179/mo per month against $192K home values - a solid setup for rental cash flow.
Are renters plentiful in Denmark, TN?
Working renters make up the core of the Denmark, TN tenant base. The pool is reasonable for investors targeting long-term holds.
What is the rental occupancy rate in Denmark, TN?
Occupancy in Denmark, TN runs stable with elevated vacancy. Well-priced units at $1,179/mo lease on reasonable timelines.
Is house hacking profitable in Denmark, TN?
House hacking works a challenging in Denmark, TN. Rents of $1,179/mo against $192K acquisition make the strategy solid for owner-occupants.
You know 38391 now. You don’t know where it ranks.
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How 38391 ranks in Jackson, TN
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