Real Estate Investing in Crossville, Tennessee (38555)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38555 (Crossville, 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.
No major risk flags on the data we track.
What’s happening in Crossville, TN (38555)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38555 Crossville
Not every below-median market is a bargain. Crossville's 38555 ZIP posts signals that favor experienced operators who can absorb the risk $294K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $294K asset, 38555 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 38555 offers a low basis, the region around Crossville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A sturdy renter share of 37% in 38555 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Crossville's stable or hybrid ZIPs before stepping into 38555. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Crossville:
Property Strategy for 38555
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $257,773 | $930 | 2.6% | +12.0% | $128,886 |
| 3BR | $303,146 | $1,280 | 3.0% | +11.8% | $101,049 |
| 4BR | $425,161 | $1,360 | 2.3% | +11.0% | $106,290 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 38555 Compare?
| Metric | 38555 | Crossville | Crossville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $294,362 | $316,724 | N/A | $327,001 |
| 5-Year CAGR | 7.3% | 6.8% | N/A | 7.7% |
| Avg Rent | $1,313 | $1,224 | N/A | - |
| Cap Rate | 3.5% | 3.0% | - | - |
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 38555 (Crossville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $294,362 |
| Monthly Rent | $1,313 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (3.5%). 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 38555
Population: 21,428
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 38555
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 504 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the rental occupancy rate in Crossville, TN?
Occupancy in Crossville, TN runs consistent with elevated vacancy. Well-priced units at $1,313/mo lease on reasonable timelines.
Does house hacking make sense in Crossville, TN?
House hacking in Crossville, TN is reasonable to execute. Prices around $294K and rents of $1,313/mo solid owner-occupant economics.
Which investment style suits Crossville, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Crossville, TN. With home values at $294K and rents near $1,313/mo, other strategies can work but produce steady rather than outsized returns.
What is the typical home price in Crossville, TN?
In Crossville, TN the median home value sits at $294K. Against the broader TN market, that reads as reasonable for most investors.
Should investors consider Crossville, TN?
With a 3.0/5 investability score, Crossville, TN ranks as a solid market for rental property investors. Median prices of $294K and rents of $1,313/mo drive the underlying numbers.
You know 38555 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38555 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 38555 ranks in Crossville, TN
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