Rent to Own Homes in Dyersburg
Rent to Own Homes in Dyersburg TN
Dyersburg is a northwestern Tennessee town with fewer than 20,000 residents, but it serves as a hub of employment, healthcare and entertainment for thousands of people in surrounding cities. The developing town is positioned approximately 70 miles north of Memphis and is within a three-hour drive of Nashville and many towns in eastern Arkansas, southeastern Missouri and southern Kentucky. This central location gives residents many options for long weekends, vacations and everyday entertainment.
Residents of Dyersburg have immediate access to a thriving economy with many jobs available in manufacturing, healthcare, education and other industries. Some of the biggest employers within the city and in surrounding areas of Dyer County include ERMCO, Tyson, Nortek Global HVAC, Dot Foods, SRG Global and NSK. The Bank of Dyersburg was one of the first businesses to open in the area, and it was quickly followed by the Dyersburg Oil Company and some businesses representing the timber industry. Today, companies from a long list of industries set up shop in Dyersburg. The below results are primarily rent to own homes in :
Rent to Own Homes in Dyersburg TN
Dyersburg is a northwestern Tennessee town with fewer than 20,000 residents, but it serves as a hub of employment, healthcare and entertainment for thousands of people in surrounding cities. The developing town is positioned approximately 70 miles north of Memphis and is within a three-hour drive of Nashville and many towns in eastern Arkansas, southeastern Missouri and southern Kentucky. This central location gives residents many options for long weekends, vacations and everyday entertainment.
Residents of Dyersburg have immediate access to a thriving economy with many jobs available in manufacturing, healthcare, education and other industries. Some of the biggest employers within the city and in surrounding areas of Dyer County include ERMCO, Tyson, Nortek Global HVAC, Dot Foods, SRG Global and NSK. The Bank of Dyersburg was one of the first businesses to open in the area, and it was quickly followed by the Dyersburg Oil Company and some businesses representing the timber industry. Today, companies from a long list of industries set up shop in Dyersburg.
Dyersburg residents are well served by the Dyersburg City School System, which includes Dyersburg High School, Three Oaks Middle School and more than three elementary schools. There is also one private school in the city. Students in search of higher education can attend classes at Dyersburg State Community College.
Buying vs Rent to Own Homes
If you're ready to take advantage of the low housing prices in Dyersburg, rent-to-own homes may fit your needs. These properties allow you to move into a new home without securing a home loan upfront. You start out making monthly rental payments with the intention of purchasing the property at a later date. Most contracts will give you at least one full year to close on the deal and take over as the owner. This is a good option if you're in the process of saving a down payment or clearing up debt on your credit report so that you can qualify for a home loan in the future.
Summary
Dyersburg is a small Tennessee town with a big job market. Residents from multiple surrounding states commute to this city for employment, and many Dyersburg residents commute to surrounding cities for vacation and entertainment. The central location and variety of available employment opportunities are what attract many Tennessee residents to the area. The low cost of living is another big attraction. It's common to see the median listing price of homes stick around $100,000, and finding homes listed for even less isn't difficult. The overall cost of living is often 20 percent or more below the national average.
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