Real Estate Investing in Mountain City, Tennessee (37683)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37683 (Mountain City, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mountain City, TN (37683)?
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Market Analysis: 37683 Mountain City
The 37683 ZIP in Mountain City, TN is a local-operator market. Outside capital chasing a $240K entry has to pair deep knowledge with the discount.
The investment case in 37683 is significant only for operators who understand what they are buying. A $240K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within TN, ZIP 37683 trails on several market indicators that neighboring Johnson County submarkets outperform. The gap is real and significant enough to shape underwriting.
Demographically, 37683 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.
The 37683 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 Mountain City:
Property Strategy for 37683
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $219,919 | $1,010 | 3.3% | +13.1% | $109,959 |
| 3BR | $290,483 | $1,280 | 3.2% | +11.7% | $96,828 |
| 4BR | $379,284 | $1,410 | 2.7% | +10.8% | $94,821 |
Market Trends
Home Value History (with trend line)
📊 How Does 37683 Compare?
| Metric | 37683 | Mountain City | Tennessee |
|---|---|---|---|
| Home Value | $240,450 | $240,450 | $327,001 |
| 5-Year CAGR | 6.4% | 6.4% | 7.7% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 37683 (Mountain City, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $240,450 |
| Monthly Rent | $909 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.0%). 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 37683
Population: 13,716
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 37683
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
Frequently Asked Questions
Is housing expensive in Mountain City, TN?
Mountain City, TN median home values land near $240K. That is reasonable territory for investors looking at $909/mo-per-month rentals.
Do landlords face vacancy issues in Mountain City, TN?
Rental vacancy in Mountain City, TN is elevated. Investors should budget normal turnover but not chronic empty units.
Is rental property easy to operate in Mountain City, TN?
Landlord-friendliness in Mountain City, TN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How viable is house hacking in Mountain City, TN?
The house hack math a challenging in Mountain City, TN. Owner-occupant buyers benefit from the $909/mo rents and $240K home values.
What is the renter demographic in Mountain City, TN?
Mountain City, TN offers a steady renter base at the $909/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 37683 now. You don’t know where it ranks.
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