Real Estate Investing in Ocoee, Tennessee (37361)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Polk County • Population: 2,205 • Data updated: September 2026

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Should you buy in 37361 (Ocoee, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 21.4% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 27.3 — 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 Ocoee, TN (37361)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $320,992
Avg Monthly Rent $981
1% Rule ✗ Does Not Meet
Median Income $66,297
% Renters 22.2%

Market Analysis: 37361 Ocoee

Investors eyeing 37361 need to respect the fundamentals at play. Home values of $321K come alongside slower price movement and elevated management overhead.

The investment case in 37361 is substantial only for operators who understand what they are buying. A $321K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within TN, ZIP 37361 trails on several market indicators that neighboring Polk County submarkets outperform. The gap is real and robust enough to shape underwriting.

A significant renter share of 22% in 37361 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategically, 37361 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Ocoee:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.8× the median income
Value Trend
Rising (+9.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $981/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Cleveland, TN Metro Area
More inventory, negotiating room for buyers
84 days
Average time to sell
Slow
11.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Cleveland, TN metro data

Market Trends

Home Value History (with trend line)

$339K$287K$235K$182K$130K$78KJul 2006Jul 2016Jul 2026

📊 How Does 37361 Compare?

Metric 37361 Ocoee Cleveland, TN Tennessee
Home Value $320,992 $320,992 N/A $327,001
5-Year CAGR 6.7% 6.7% N/A 7.7%
Avg Rent $981 $981 N/A -
Cap Rate 2.4% 2.4% - -
💡 Why Invest in 37361? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37361 (Ocoee, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.4%
Low
5yr Growth
+6.7%
Strong

📉 Market Crash Risk Index

Based on Cleveland, TN metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
57%
Days Pending
2/2
84 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $320,992
Monthly Rent $981
Price-to-Rent 27.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.7%
Cap Rate 2.4%
5-Year IRR 9.0%

📈 Home Appreciation

1-Year +9.3% ▲
3-Year CAGR +6.8% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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.

Vacancy
21.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.7%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 37361

Population: 2,205

💰 Median Household Income
$66,297
This area
$66,297
State
$60,881
USA
$74,580
🏠 Renter Occupied
22.2%
This area
22.2%
State
25.6%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-22.2%
USA
3.7%
🎓 College Educated
13.2%
This area
13.2%
State
-6.3%
USA
33.7%
👤 Median Age
51.6 years
This area
51.6 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
21.4%
This area
21.4%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 96.6%
Other/Mixed 2.8%
Asian 0.6%
👶 Under 18
15.3%
This area
15.3%
USA
22.0%
👴 65 and Over
29.3%
This area
29.3%
USA
17.3%
📊 Poverty Rate
1.0%
This area
1.0%
USA
11.5%

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

4 Nearby 1,008 Off-Campus Students
C
Pentecostal Theological Seminary
501 students · 13.2 mi
C+
Lee University
3,680 students · 13.4 mi
C
Brillare Beauty Institute
259 students · 14.7 mi
C
Cleveland State Community College
3,254 students · 14.9 mi

Investor Insight: With 1,008 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How does Ocoee, TN rate as a rental market?

Our data puts Ocoee, TN at 3.0/5 for investability. Home prices of $321K and rents around $981/mo create a solid backdrop for investor activity.

What are home prices like in Ocoee, TN?

In Ocoee, TN the median home value sits at $321K. Against the broader TN market, that reads as reasonable for most investors.

How much rent can I charge in Ocoee, TN?

Average rent in Ocoee, TN is approximately $981/mo per month. Against $321K home values that yields a reasonable rent-to-price ratio.

What strategy should investors use in Ocoee, TN?

In Ocoee, TN the robust play is typically careful cash-flow rentals with hands-on management. The combination of $321K prices and $981/mo rents suits that approach.

Are there empty rentals in Ocoee, TN?

Vacancy risk in Ocoee, TN is elevated. That supports stable cash flow for typical rental holds.

You know 37361 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 37361 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.

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How 37361 ranks in Cleveland, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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