Real Estate Investing in Lawrenceburg, Tennessee (38464)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38464 (Lawrenceburg, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
What’s happening in Lawrenceburg, TN (38464)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38464 Lawrenceburg
Investors eyeing 38464 need to respect the fundamentals at play. Home values of $245K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 38464 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within TN, ZIP 38464 trails on several market indicators that neighboring Lawrence County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Who lives in 38464 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 38464 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 Lawrenceburg:
Property Strategy for 38464
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $169,556 | $950 | 4.0% | +12.8% | $84,778 |
| 3BR | $257,506 | $1,140 | 3.2% | +11.4% | $85,835 |
| 4BR | $310,401 | $1,270 | 2.9% | +11.3% | $77,600 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 38464 Compare?
| Metric | 38464 | Lawrenceburg | Lawrenceburg, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $245,003 | $245,003 | N/A | $327,001 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.7% |
| Avg Rent | $1,170 | $1,170 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 38464 (Lawrenceburg, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $245,003 |
| Monthly Rent | $1,170 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (3.7%). 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 38464
Population: 23,727
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 38464
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
Is the tenant base reliable in Lawrenceburg, TN?
Tenant demand in Lawrenceburg, TN is solid. The local workforce $1,170/mo rents across most rental classes.
Is Lawrenceburg, TN landlord-friendly?
TN law landlord-friendly for landlords, and Lawrenceburg inherits those rules. Investors should still review local ordinances for rental licensing.
How do home values compare in Lawrenceburg, TN?
Homes in Lawrenceburg, TN typically sell near $245K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Should investors worry about vacancy in Lawrenceburg, TN?
Lawrenceburg, TN sees elevated vacancy, which is reasonable relative to the broader TN rental market.
Is house hacking profitable in Lawrenceburg, TN?
House hacking works a challenging in Lawrenceburg, TN. Rents of $1,170/mo against $245K acquisition make the strategy solid for owner-occupants.
You know 38464 now. You don’t know where it ranks.
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How 38464 ranks in Lawrenceburg, TN
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