Real Estate Investing in Byrdstown, Tennessee (38549)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38549 (Byrdstown, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 31.9% 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 Byrdstown, TN (38549)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38549 Byrdstown
This part of Pickett County is not an easy win. The 38549 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $253K asset, 38549 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TN, ZIP 38549 trails on several market indicators that neighboring Pickett County submarkets outperform. The gap is real and substantial enough to shape underwriting.
From a cash-flow lens, 4,142 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.
The right play in 38549 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 Byrdstown:
Market Trends
Home Value History (with trend line)
📊 How Does 38549 Compare?
| Metric | 38549 | Byrdstown | Tennessee |
|---|---|---|---|
| Home Value | $253,480 | $253,480 | $327,001 |
| 5-Year CAGR | 6.2% | 6.2% | 7.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.7% | 2.7% | - |
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 38549 (Byrdstown, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 38549 (Byrdstown, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $253,480 |
| Monthly Rent | $864 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 38549
Population: 4,142
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 38549
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 819 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Byrdstown, TN?
Byrdstown, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How qualified is the tenant pool in Byrdstown, TN?
Expect a solid tenant pool in Byrdstown, TN. The rental market absorbs $864/mo rents without meaningful friction.
How do experienced investors play Byrdstown, TN?
The best-fit strategy in Byrdstown, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does Byrdstown, TN favor landlords or tenants?
Byrdstown, TN operates under TN law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Should investors consider Byrdstown, TN?
The 3.0/5 investability rating in Byrdstown, TN reflects its $253K prices and $864/mo rents. Investors generally consider it a solid option within TN.
You know 38549 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38549 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.
AI Market Advisor
Ask questions about investing in 38549 (Byrdstown)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 38549 (Byrdstown, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.