Real Estate Investing in Kingsport, Tennessee (37664)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37664 (Kingsport, 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: 10.5% vacancy may signal weakening demand.
What’s happening in Kingsport, TN (37664)?
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Market Analysis: 37664 Kingsport
Meanwhile, ZIP 37664 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $282K median. It rewards specialists, not generalists.
Rent of $1,407/mo on a $282K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37664 sits below the stated 0.0% once reality is priced in.
In the broader TN picture, 37664 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 37664 includes headwinds that any investor should price in. Income distribution skews lower than Kingsport averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 37664 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 37664
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $182,897 | $990 | 3.9% | +11.3% | $91,448 |
| 3BR | $290,015 | $1,270 | 3.2% | +10.2% | $96,672 |
| 4BR | $420,341 | $1,390 | 2.4% | +9.6% | $105,085 |
| 5BR | $556,590 | — | — | +9.6% | $111,318 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37664 Compare?
| Metric | 37664 | Kingsport | Tennessee |
|---|---|---|---|
| Home Value | $281,848 | $248,841 | $327,001 |
| 5-Year CAGR | 6.9% | 6.8% | 7.7% |
| Avg Rent | $1,407 | $1,247 | - |
| Cap Rate | 3.9% | 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 37664 (Kingsport, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $281,848 |
| Monthly Rent | $1,407 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | +32.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 37664
Population: 28,721
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 37664
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 1,844 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Kingsport, TN?
Rents in Kingsport, TN run near $1,407/mo. Compared with median home prices of $282K that produces solid gross yields for typical rentals.
Is vacancy a concern in Kingsport, TN?
Vacancy in Kingsport, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,407/mo.
Is Kingsport, TN a good place for real estate investing?
Kingsport, TN rates 3.0/5 for investability. With median values at $282K and rents near $1,407/mo, the market offers reasonable fundamentals for rental investors.
Is house hacking profitable in Kingsport, TN?
House hacking in Kingsport, TN is a challenging. With home values around $282K and rents at $1,407/mo, owner-occupants can offset a meaningful share of PITI.
How strict are landlord regulations in Kingsport, TN?
TN ranks as a landlord-friendly state for landlord-tenant law. Kingsport generally follows the statewide framework, so landlords face reasonable operating rules.
You know 37664 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37664 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 37664 ranks in Kingsport-Bristol, TN-VA
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