Real Estate Investing in Silver Point, Tennessee (38582)
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Should you buy in 38582 (Silver Point, 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: 20.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 36.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Silver Point, TN (38582)?
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Market Analysis: 38582 Silver Point
Not every below-median market is a bargain. Silver Point's 38582 ZIP registers signals that favor experienced operators who can absorb the risk $364K pricing implies.
The 38582 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 38582 sits on the difficult end of the TN spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 38582 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Silver Point:
Market Trends
Home Value History (with trend line)
📊 How Does 38582 Compare?
| Metric | 38582 | Silver Point | Cookeville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $363,623 | $363,623 | N/A | $327,001 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.7% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38582 (Silver Point, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $363,623 |
| Monthly Rent | $837 |
| Price-to-Rent | 36.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (1.8%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 38582
Population: 1,982
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are homes affordable in Silver Point, TN?
Expect median prices around $364K in Silver Point, TN. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
What kind of vacancy should I budget for in Silver Point, TN?
Rental vacancy in Silver Point, TN is elevated. Investors should budget normal turnover but not chronic empty units.
How strong is the working-renter base in Silver Point, TN?
Tenant quality in Silver Point, TN ranks as solid. Landlords generally report consistent occupancy at market rents of $837/mo.
Is rental property easy to operate in Silver Point, TN?
TN ranks as a landlord-friendly state for landlord-tenant law. Silver Point generally follows the statewide framework, so landlords face reasonable operating rules.
What real estate strategy is ideal for Silver Point, TN?
The best-fit strategy in Silver Point, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 38582 now. You don’t know where it ranks.
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How 38582 ranks in Cookeville, TN
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