Real Estate Investing in Minor Hill, Tennessee (38473)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Giles County • Population: 1,067 • Data updated: September 2026

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Should you buy in 38473 (Minor Hill, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 18.6% 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 Minor Hill, TN (38473)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $227,370
Avg Monthly Rent $1,107
1% Rule ✗ Does Not Meet
Median Income $61,667
% Renters 28.3%

Market Analysis: 38473 Minor Hill

This part of Giles County is not an easy win. The 38473 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The 38473 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Nearby ZIPs in Minor Hill have seen price recovery that 38473 has not matched. Giles County data supports the view that the spread is structural rather than temporary.

On balance, 1,067 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Minor Hill's stable or hybrid ZIPs before stepping into 38473. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Minor Hill:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+3.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,107/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$248K$212K$176K$140K$104K$68KJul 2006Jul 2016Jul 2026

📊 How Does 38473 Compare?

Metric 38473 Minor Hill Tennessee
Home Value $227,370 $227,370 $327,001
5-Year CAGR 6.7% 6.7% 7.7%
Avg Rent $1,107 $1,107 -
Cap Rate 3.8% 3.8% -
💡 Why Invest in 38473? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 38473 (Minor Hill, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.8%
Low
5yr Growth
+6.7%
Strong

📊 Market Snapshot

Home Value $227,370
Monthly Rent $1,107
Price-to-Rent 17.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.8%
Cap Rate 3.8%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year +3.4% ▲
3-Year CAGR +3.1% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +8.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.7%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 38473

Population: 1,067

💰 Median Household Income
$61,667
This area
$61,667
State
$60,881
USA
$74,580
🏠 Renter Occupied
28.3%
This area
28.3%
State
25.6%
USA
34.0%
💼 Unemployment Rate
1.4%
This area
1.4%
State
-22.2%
USA
3.7%
🎓 College Educated
9.3%
This area
9.3%
State
-6.3%
USA
33.7%
👤 Median Age
29.0 years
This area
29.0 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
18.6%
This area
18.6%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 95.9%
Other/Mixed 2.9%
Hispanic/Latino 2.1%
Black/African American 1.1%
Asian 0.1%
👶 Under 18
30.4%
This area
30.4%
USA
22.0%
👴 65 and Over
10.7%
This area
10.7%
USA
17.3%
📊 Poverty Rate
8.6%
This area
8.6%
USA
11.5%

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 38473

B+ Avg School Grade
1 Schools
10.9:1 Avg Class Size
$10,912 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Minor Hill School

📚 Pre-K – 08 School
👥
344 Students
👨‍🏫
10.9:1 Class Size
💰
$10,912 Per Student
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

2 Nearby 561 Off-Campus Students
C
The University of Tennessee Southern
978 students · 14.2 mi
C+
Tennessee College of Applied Technology-Pulaski
705 students · 14.6 mi

Investor Insight: With 561 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What approach is best for Minor Hill, TN real estate?

The best-fit strategy in Minor Hill, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What kind of vacancy should I budget for in Minor Hill, TN?

Occupancy in Minor Hill, TN runs stable with elevated vacancy. Well-priced units at $1,107/mo lease on reasonable timelines.

How does Minor Hill, TN rate as a rental market?

Minor Hill, TN scores 3.0/5 for investability. Home values sit at $227K and rents near $1,107/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Are renters plentiful in Minor Hill, TN?

Working renters make up the core of the Minor Hill, TN tenant base. The pool is reasonable for investors targeting long-term holds.

Is rental property easy to operate in Minor Hill, TN?

The landlord environment in Minor Hill, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

You know 38473 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 38473 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.

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