Real Estate Investing in Five Points, Tennessee (38457)
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Should you buy in 38457 (Five Points, 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: 19.9% of homes vacant — above national norms.
- Elevated poverty: 23.5% poverty rate — can affect rent collection.
• 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 Five Points, TN (38457)?
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Market Analysis: 38457 Five Points
Investors eyeing 38457 need to respect the fundamentals at play. Home values of $224K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 38457 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader TN picture, 38457 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 38457 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 38457 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Five Points:
Market Trends
Home Value History (with trend line)
📊 How Does 38457 Compare?
| Metric | 38457 | Five Points | Lawrenceburg, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $223,627 | $223,627 | N/A | $327,001 |
| 5-Year CAGR | N/A | N/A | N/A | 7.7% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38457 (Five Points, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $223,627 |
| Monthly Rent | $981 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 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 (3.4%). 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 38457
Population: 491
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 do experienced investors play Five Points, TN?
The best-fit strategy in Five Points, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the rental occupancy rate in Five Points, TN?
Five Points, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What are home prices like in Five Points, TN?
Median home price in Five Points, TN is near $224K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
Is Five Points, TN good for house hacking?
House hacking in Five Points, TN is a challenging. With home values around $224K and rents at $981/mo, owner-occupants can offset a meaningful share of PITI.
Is the tenant base reliable in Five Points, TN?
The renter base in Five Points, TN is reasonable for the $981/mo price point. Screening well and pricing to market typically yields reliable tenants.
You know 38457 now. You don’t know where it ranks.
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How 38457 ranks in Lawrenceburg, TN
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