Real Estate Investing in Chattanooga, Tennessee (37410)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37410 (Chattanooga, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 21.7% of homes vacant — above national norms.
- Elevated poverty: 26.3% poverty rate — can affect rent collection.
- Higher unemployment: 9.3% unemployment — tenant risk signal.
- Lower household income: $26,333 median — tenant affordability is tighter.
What’s happening in Chattanooga, TN (37410)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37410 Chattanooga
ZIP 37410 inside Hamilton County looks affordable on the surface — median value of $157K — but the discount exists for reasons that a careful buyer should understand before committing.
The 37410 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Put differently, 37410 offers a low basis, the region around Chattanooga has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 37410 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 37410 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 Chattanooga:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37410 Compare?
| Metric | 37410 | Chattanooga | Chattanooga, TN-GA | Tennessee |
|---|---|---|---|---|
| Home Value | $156,530 | $277,310 | N/A | $327,001 |
| 5-Year CAGR | 4.5% | 4.4% | N/A | 7.7% |
| Avg Rent | $1,503 | $1,520 | N/A | - |
| Cap Rate | 7.5% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37410 (Chattanooga, TN). Anonymous, moderated, never written by AI.
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Property managers serving Hamilton County
Manage rentals here? List your business →Greyhaven Realty Management Co. offers property management, brokerage, rehab, construction, leasing, and maintenance services in Chattanooga for single-family and multi-family properties. summary from their website
Doorby Property Management offers property management services in Chattanooga. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $156,530 |
| Monthly Rent | $1,503 |
| Price-to-Rent | 8.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.5% |
| Cap Rate | 7.5% |
| 5-Year IRR | 12.0% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +10.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.5%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37410
Population: 3,673
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 37410
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
East Lake Academy Of Fine Arts
East Lake Elementary School
East Side Elementary School
Chattanooga Charter School of Excellence
Chattanooga Girls Leadership Academy
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
Investor Insight: With 2,870 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Chattanooga, TN stack up for property investment?
With a 3.0/5 investability score, Chattanooga, TN ranks as a solid market for rental property investors. Median prices of $157K and rents of $1,503/mo drive the underlying numbers.
What is the typical vacancy rate in Chattanooga, TN?
Rental vacancy in Chattanooga, TN is elevated. Investors should budget normal turnover but not chronic empty units.
Are landlord laws favorable in Chattanooga, TN?
For rental operators, Chattanooga, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How viable is house hacking in Chattanooga, TN?
Chattanooga, TN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,503/mo rent level.
How strong are rents in Chattanooga, TN?
Expect rents around $1,503/mo per month in Chattanooga, TN. With home values at $157K, the yield math works out to reasonable levels for rental investors.
You know 37410 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37410 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 37410 ranks in Chattanooga, TN-GA
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