Real Estate Investing in Oldfort, Tennessee (37362)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37362 (Oldfort, 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.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oldfort, TN (37362)?
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Market Analysis: 37362 Oldfort
ZIP 37362 inside Polk County looks affordable on the surface — median value of $264K — but the discount exists for reasons that a careful buyer should understand before committing.
In practical terms, the numbers look inviting — $264K purchase price, 0.0% nominal cap — the work to hit that pro forma in 37362 is substantial and deserves full respect.
ZIP 37362's metrics run below Polk County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 37362 includes headwinds that any investor should price in. Income distribution skews lower than Oldfort averages, and tenant stability requires active management.
leans 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 Oldfort:
Market Trends
Home Value History (with trend line)
📊 How Does 37362 Compare?
| Metric | 37362 | Oldfort | Cleveland, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $263,513 | $263,513 | N/A | $327,001 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.7% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37362 (Oldfort, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $263,513 |
| Monthly Rent | $981 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.9%). 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 37362
Population: 3,409
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 37362
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
Frequently Asked Questions
What is the investability score for Oldfort, TN?
Yes - Oldfort, TN a 3.0/5 investability score. With $264K home prices against $981/mo monthly rent, the market delivers a reasonable entry point for new investors.
Does Oldfort, TN favor landlords or tenants?
Rental owners in Oldfort, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What do rentals go for in Oldfort, TN?
Rental rates in Oldfort, TN average $981/mo. Tenant demand and $264K home values make the yield look reasonable by investor standards.
How should investors approach Oldfort, TN?
Most investors in Oldfort, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How high is vacancy risk in Oldfort, TN?
Oldfort, TN carries elevated vacancy risk. Expect steady absorption at market rents of $981/mo.
You know 37362 now. You don’t know where it ranks.
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How 37362 ranks in Cleveland, TN
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