Real Estate Investing in Pikeville, Tennessee (37367)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37367 (Pikeville, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pikeville, TN (37367)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37367 Pikeville
This part of Bledsoe County is not an easy win. The 37367 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 37367 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 37367 sits on the difficult end of the TN spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Meanwhile, 11,736 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 37367 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Pikeville:
Property Strategy for 37367
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $187,267 | $980 | 3.8% | +12.0% | $93,634 |
| 3BR | $277,175 | $1,190 | 3.1% | +11.6% | $92,392 |
Market Trends
Home Value History (with trend line)
📊 How Does 37367 Compare?
| Metric | 37367 | Pikeville | Tennessee |
|---|---|---|---|
| Home Value | $242,534 | $242,534 | $327,001 |
| 5-Year CAGR | 6.2% | 6.2% | 7.7% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37367 (Pikeville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $242,534 |
| Monthly Rent | $882 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 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 (2.8%). 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 37367
Population: 11,736
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 37367
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
Should investors consider Pikeville, TN?
Our data puts Pikeville, TN at 3.0/5 for investability. Home prices of $243K and rents around $882/mo create a solid backdrop for investor activity.
How do landlord-tenant laws work in Pikeville, TN?
Rental owners in Pikeville, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the rental occupancy rate in Pikeville, TN?
Pikeville, TN carries elevated vacancy risk. Expect reliable absorption at market rents of $882/mo.
Is Pikeville, TN a good market for FHA house hackers?
For house hackers, Pikeville, TN is a challenging. The $882/mo rent on a unit helps defray the mortgage on a $243K property.
What is the average monthly rent in Pikeville, TN?
Rental rates in Pikeville, TN average $882/mo. Tenant demand and $243K home values make the yield look reasonable by investor standards.
You know 37367 now. You don’t know where it ranks.
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