Real Estate Investing in Chattanooga, Tennessee (37419)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37419 (Chattanooga, 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.
No major risk flags on the data we track.
What’s happening in Chattanooga, TN (37419)?
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Market Analysis: 37419 Chattanooga
ZIP 37419 in Chattanooga, TN carries a durable set of headwinds. Home values near $381K and rents of $1,533/mo sit inside a market where underwriting has to be tight.
Rent of $1,533/mo on a $381K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37419 sits below the stated 0.0% once reality is priced in.
Within TN, ZIP 37419 trails on several market indicators that neighboring Hamilton County submarkets outperform. The gap is real and notable enough to shape underwriting.
The 37419 ZIP's population of 6,288 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The right play in 37419 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 Chattanooga:
Property Strategy for 37419
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $247,865 | $1,260 | 3.7% | +8.8% | $123,932 |
| 3BR | $379,205 | $1,570 | 3.0% | +8.9% | $126,402 |
| 4BR | $725,500 | $1,680 | 1.7% | +10.0% | $181,375 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37419 Compare?
| Metric | 37419 | Chattanooga | Chattanooga, TN-GA | Tennessee |
|---|---|---|---|---|
| Home Value | $381,338 | $277,310 | N/A | $327,001 |
| 5-Year CAGR | 5.2% | 4.4% | N/A | 7.7% |
| Avg Rent | $1,533 | $1,520 | N/A | - |
| Cap Rate | 3.1% | 4.6% | - | - |
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 37419 (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 | $381,338 |
| Monthly Rent | $1,533 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (3.1%). 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 37419
Population: 6,288
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 37419
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
Investor Insight: With 2,870 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Chattanooga, TN a smart market for rental property?
Chattanooga, TN stands at an investability rating of 3.0/5, with median home values near $381K and average rents around $1,533/mo. That combination puts it in the durable tier for investor interest.
How should investors approach Chattanooga, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Chattanooga, TN. With home values at $381K and rents near $1,533/mo, other strategies can work but produce stable rather than outsized returns.
What monthly rent should investors expect in Chattanooga, TN?
Rents in Chattanooga, TN run near $1,533/mo. Compared with median home prices of $381K that produces solid gross yields for typical rentals.
How high is vacancy risk in Chattanooga, TN?
Vacancy in Chattanooga, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,533/mo.
Is Chattanooga, TN a friendly market for rental owners?
Chattanooga, TN operates under TN law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
You know 37419 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37419 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 37419 ranks in Chattanooga, TN-GA
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