Real Estate Investing in East Ridge, Tennessee (37412)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37412 (East Ridge, 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.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in East Ridge, TN (37412)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37412 East Ridge
In practical terms, ZIP 37412 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $259K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $259K asset, 37412 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TN, ZIP 37412 trails on several market indicators that neighboring Hamilton County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Demographically, 37412 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. solid returns are possible in 37412, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in East Ridge:
Property Strategy for 37412
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $216,301 | $1,390 | 4.6% | +10.5% | $108,150 |
| 3BR | $272,458 | $1,730 | 4.6% | +9.8% | $90,819 |
| 4BR | $339,002 | $1,850 | 3.9% | +9.2% | $84,750 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37412 Compare?
| Metric | 37412 | East Ridge | Chattanooga, TN-GA | Tennessee |
|---|---|---|---|---|
| Home Value | $259,055 | $259,055 | N/A | $327,001 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.7% |
| Avg Rent | $1,375 | $1,375 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 37412 (East Ridge, 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 | $259,055 |
| Monthly Rent | $1,375 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 37412
Population: 21,840
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 37412
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Dalewood Middle School
Barger Academy of Fine Arts
Woodmore Elementary School
Brainerd High School
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 quickly do rentals get leased in East Ridge, TN?
East Ridge, TN carries elevated vacancy risk. Expect reliable absorption at market rents of $1,375/mo.
Can I house hack in East Ridge, TN?
East Ridge, TN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $259K price point reasonable to enter.
Is East Ridge, TN a good place for real estate investing?
Yes - East Ridge, TN a 3.0/5 investability score. With $259K home prices against $1,375/mo monthly rent, the market delivers a reasonable entry point for new investors.
Which investment style suits East Ridge, TN?
A careful cash-flow rentals with hands-on management strategy East Ridge, TN best. The market produces even-keeled results for that approach at the $259K price point.
What do landlords charge for rent in East Ridge, TN?
Expect rents around $1,375/mo per month in East Ridge, TN. With home values at $259K, the yield math works out to reasonable levels for rental investors.
You know 37412 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37412 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 37412 ranks in Chattanooga, TN-GA
Every ZIP in this metro, ranked. Free.
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