Real Estate Investing in Farner, Tennessee (37333)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37333 (Farner, TN)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 18.5% of homes vacant — above national norms.
- Elevated poverty: 47.5% poverty rate — can affect rent collection.
- Lower household income: $30,029 median — tenant affordability is tighter.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Farner, TN (37333)?
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Market Analysis: 37333 Farner
ZIP 37333 inside Polk County looks affordable on the surface — median value of $144K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 37333 can be a worth a close look for hunting ground — but the discount at $144K reflects genuine risk that outside investors often underestimate.
Regionally, 37333 sits on the difficult end of the TN spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 37333 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 37333 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Farner:
Market Trends
Home Value History (with trend line)
📊 How Does 37333 Compare?
| Metric | 37333 | Farner | Cleveland, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $144,217 | $144,217 | N/A | $327,001 |
| 5-Year CAGR | N/A | N/A | N/A | 7.7% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37333 (Farner, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,217 |
| Monthly Rent | $981 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.2% |
| Cap Rate | 5.3% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +12.4% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (5.3%). 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 37333
Population: 531
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
Frequently Asked Questions
Is Farner in TN worth investing in?
Farner, TN scores 2.0/5 for investability. Home values sit at $144K and rents near $981/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What monthly rent should investors expect in Farner, TN?
Farner, TN rentals go for roughly $981/mo a month. That puts gross yield in solid territory relative to $144K acquisition costs.
Is Farner, TN better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Farner, TN. The numbers - $144K homes against $981/mo rents - support that play.
Does Farner, TN favor landlords or tenants?
Farner, TN falls under TN landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is it easy to find good tenants in Farner, TN?
Tenant quality in Farner, TN ranks as solid. Landlords generally report measured occupancy at market rents of $981/mo.
You know 37333 now. You don’t know where it ranks.
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How 37333 ranks in Cleveland, TN
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