Real Estate Investing in Reliance, Tennessee (37369)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37369 (Reliance, 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.
- High vacancy: 53.0% of homes vacant — above national norms.
- Lower household income: $38,194 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 Reliance, TN (37369)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37369 Reliance
The 37369 ZIP covers a section of Reliance that demands careful diligence. Prices near $227K look accessible, but the work to make a deal cash flow is real.
Rent of $981/mo on a $227K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37369 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Reliance have seen price recovery that 37369 has not matched. Polk County data supports the view that the spread is structural rather than temporary.
The 37369 ZIP's population of 489 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Strategically, 37369 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.
Here's what matters if you're considering buying a home in Reliance:
Market Trends
Home Value History (with trend line)
📊 How Does 37369 Compare?
| Metric | 37369 | Reliance | Cleveland, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $227,148 | $227,148 | N/A | $327,001 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 7.7% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 37369 (Reliance, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 37369 (Reliance, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $227,148 |
| Monthly Rent | $981 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.4%). 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.
Demographics in 37369
Population: 489
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
What price range are homes in Reliance, TN?
Median home price in Reliance, TN is near $227K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Is it easy to find good tenants in Reliance, TN?
Tenant demand in Reliance, TN is solid. The local workforce $981/mo rents across most rental classes.
Does Reliance, TN make sense for an investment property?
With a 3.0/5 investability score, Reliance, TN ranks as a solid market for rental property investors. Median prices of $227K and rents of $981/mo drive the underlying numbers.
How should investors approach Reliance, TN?
Most investors in Reliance, 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.
Is Reliance, TN landlord-friendly?
TN law landlord-friendly for landlords, and Reliance inherits those rules. Investors should still review local ordinances for rental licensing.
You know 37369 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37369 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.
How 37369 ranks in Cleveland, TN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 37369 (Reliance)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 37369 (Reliance, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.