Real Estate Investing in Kingsport, Tennessee (37663)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37663 (Kingsport, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 Kingsport, TN (37663)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37663 Kingsport
ZIP 37663 inside Sullivan County looks affordable on the surface — median value of $314K — but the discount exists for reasons that a careful buyer should understand before committing.
The 37663 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader TN picture, 37663 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 37663 ZIP's population of 14,037 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Experienced landlords with local relationships tend to find 37663 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Kingsport:
Property Strategy for 37663
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $208,136 | $1,080 | 3.7% | +10.8% | $104,068 |
| 3BR | $315,459 | $1,380 | 3.1% | +9.9% | $105,153 |
| 4BR | $394,414 | $1,520 | 2.8% | +9.3% | $98,603 |
| 5BR | $479,514 | — | — | +9.3% | $95,903 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37663 Compare?
| Metric | 37663 | Kingsport | Tennessee |
|---|---|---|---|
| Home Value | $314,154 | $248,841 | $327,001 |
| 5-Year CAGR | 6.7% | 6.8% | 7.7% |
| Avg Rent | $1,433 | $1,247 | - |
| Cap Rate | 3.6% | 4.0% | - |
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 37663 (Kingsport, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $314,154 |
| Monthly Rent | $1,433 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.6%). 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 37663
Population: 14,037
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 37663
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 3,773 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are vacancy rates like in Kingsport, TN?
Vacancy in Kingsport, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,433/mo.
How does Kingsport, TN rate as a rental market?
Kingsport, TN rates 3.0/5 for investability. With median values at $314K and rents near $1,433/mo, the market offers reasonable fundamentals for rental investors.
Which investment style suits Kingsport, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Kingsport, TN. With home values at $314K and rents near $1,433/mo, other strategies can work but produce measured rather than outsized returns.
How landlord-friendly is Kingsport, TN?
The landlord environment in Kingsport, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is it easy to find good tenants in Kingsport, TN?
Tenant demand in Kingsport, TN is solid. The local workforce $1,433/mo rents across most rental classes.
You know 37663 now. You don’t know where it ranks.
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How 37663 ranks in Kingsport-Bristol, TN-VA
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