Real Estate Investing in Telford, Tennessee (37690)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Washington County • Population: 4,720 • Data updated: September 2026

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Should you buy in 37690 (Telford, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (69/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 25.5 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Telford, TN (37690)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $314,068
Avg Monthly Rent $1,026
1% Rule ✗ Does Not Meet
Median Income $67,296
% Renters 15.5%

Market Analysis: 37690 Telford

ZIP 37690 inside Washington County looks affordable on the surface — median value of $314K — but the discount exists for reasons that a careful buyer should understand before committing.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $314K asset, 37690 is the wrong submarket. If the plan prices in friction, the yield can still work.

Nearby ZIPs in Telford have seen price recovery that 37690 has not matched. Washington County data supports the view that the spread is structural rather than temporary.

The demographic picture in 37690 includes headwinds that any investor should price in. Income distribution skews lower than Telford averages, and tenant stability requires active management.

The 37690 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Telford:

C+ Average
Buy Confidence Score: 67/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+5.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,026/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Johnson City, TN Metro Area
More inventory, negotiating room for buyers
40 days
Average time to sell
Average
12.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Johnson City, TN metro data

Market Trends

Home Value History (with trend line)

$329K$287K$244K$201K$158K$115KJul 2006Jul 2016Jul 2026

📊 How Does 37690 Compare?

Metric 37690 Telford Johnson City, TN Tennessee
Home Value $314,068 $314,068 N/A $327,001
5-Year CAGR 7.0% 7.0% N/A 7.7%
Avg Rent $1,026 $1,026 N/A -
Cap Rate 2.6% 2.6% - -
💡 Why Invest in 37690? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37690 (Telford, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+7.0%
Strong

📉 Market Crash Risk Index

Based on Johnson City, TN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
64%
Days Pending
0/2
40 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $314,068
Monthly Rent $1,026
Price-to-Rent 25.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.6%
5-Year IRR 9.6%

📈 Home Appreciation

1-Year +5.0% ▲
3-Year CAGR +4.4% ▲
5-Year CAGR +7.0% ▲
10-Year CAGR +7.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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.

Vacancy
2.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.0%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 37690

Population: 4,720

💰 Median Household Income
$67,296
This area
$67,296
State
$60,881
USA
$74,580
🏠 Renter Occupied
15.5%
This area
15.5%
State
25.6%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-22.2%
USA
3.7%
🎓 College Educated
17.1%
This area
17.1%
State
-6.3%
USA
33.7%
👤 Median Age
45.2 years
This area
45.2 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
2.9%
This area
2.9%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 94.7%
Other/Mixed 4.5%
Hispanic/Latino 2.4%
Black/African American 0.7%
👶 Under 18
16.9%
This area
16.9%
USA
22.0%
👴 65 and Over
15.2%
This area
15.2%
USA
17.3%
📊 Poverty Rate
9.2%
This area
9.2%
USA
11.5%

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 37690

B Avg School Grade
1 Schools
14.4:1 Avg Class Size
$10,975 Avg Per Pupil

Schools in This ZIP Code

B Good

Grandview Elementary School

📚 Pre-K – 08 School
👥
632 Students
👨‍🏫
14.4:1 Class Size
💰
$10,975 Per Student
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

4 Nearby 1,929 Off-Campus Students
C+
East Tennessee State University
13,586 students · 11.2 mi
D
Ross Medical Education Center-Johnson City
67 students · 12.3 mi
C
TC Beauty
139 students · 12.5 mi
C
Tusculum University
1,200 students · 12.5 mi

Investor Insight: With 1,929 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the average home sale price in Telford, TN?

Telford, TN home values average about $314K. That price point suits investors targeting rentals with $1,026/mo in monthly income.

Are renters plentiful in Telford, TN?

The tenant pool in Telford, TN is solid, supported by local employment and population fundamentals. Rents of $1,026/mo are well-absorbed by the market.

What kind of vacancy should I budget for in Telford, TN?

Expect elevated vacancy in Telford, TN. Rents at $1,026/mo are absorbed by the tenant base without meaningful lag.

What strategy should investors use in Telford, TN?

Most investors in Telford, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How much rent can I charge in Telford, TN?

Average rent in Telford, TN is approximately $1,026/mo per month. Against $314K home values that yields a reasonable rent-to-price ratio.

You know 37690 now. You don’t know where it ranks.

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How 37690 ranks in Johnson City, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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