Real Estate Investing in Loretto, Tennessee (38469)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38469 (Loretto, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Loretto, TN (38469)?
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Market Analysis: 38469 Loretto
ZIP 38469 inside Lawrence County looks affordable on the surface — median value of $244K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 38469 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 38469's metrics run below Lawrence County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 38469 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 38469 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Loretto:
Market Trends
Home Value History (with trend line)
📊 How Does 38469 Compare?
| Metric | 38469 | Loretto | Lawrenceburg, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $243,857 | $243,857 | N/A | $327,001 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 7.7% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38469 (Loretto, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $243,857 |
| Monthly Rent | $837 |
| Price-to-Rent | 24.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (2.7%). 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 38469
Population: 4,608
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 38469
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 TN a landlord-friendly state?
Landlord-friendliness in Loretto, TN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How qualified is the tenant pool in Loretto, TN?
Expect a solid tenant pool in Loretto, TN. The rental market absorbs $837/mo rents without meaningful friction.
What real estate strategy is ideal for Loretto, TN?
For Loretto, TN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What kind of market is Loretto, TN for investors?
Our data puts Loretto, TN at 3.0/5 for investability. Home prices of $244K and rents around $837/mo create a solid backdrop for investor activity.
What does house hacking look like in Loretto, TN?
For house hackers, Loretto, TN is a challenging. The $837/mo rent on a unit helps defray the mortgage on a $244K property.
You know 38469 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38469 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.
How 38469 ranks in Lawrenceburg, TN
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