Real Estate Investing in Alcoa, Tennessee (37701)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37701 (Alcoa, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 12.7% of homes vacant — above national norms.
What’s happening in Alcoa, TN (37701)?
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Market Analysis: 37701 Alcoa
Looking more closely, ZIP 37701 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $309K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 37701 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within TN, ZIP 37701 trails on several market indicators that neighboring Blount County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Resident income in 37701 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 37701 is an operator game, not a passive one. From a cash-flow lens, entry prices of $309K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Alcoa:
Property Strategy for 37701
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $239,955 | $1,470 | 4.4% | +12.9% | $119,978 |
| 3BR | $316,205 | $1,860 | 4.2% | +11.1% | $105,402 |
| 4BR | $568,076 | $2,170 | 2.8% | +10.4% | $142,019 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37701 Compare?
| Metric | 37701 | Alcoa | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $309,081 | $309,081 | N/A | $327,001 |
| 5-Year CAGR | 8.0% | 8.0% | N/A | 7.7% |
| Avg Rent | $1,831 | $1,831 | N/A | - |
| Cap Rate | 4.6% | 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 37701 (Alcoa, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,081 |
| Monthly Rent | $1,831 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 Rent Trends
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 37701
Population: 9,608
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 37701
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 798 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Alcoa, TN for investors?
Alcoa, TN rates 3.0/5 for investability. With median values at $309K and rents near $1,831/mo, the market offers reasonable fundamentals for rental investors.
What do rentals go for in Alcoa, TN?
Alcoa, TN rentals go for roughly $1,831/mo a month. That puts gross yield in solid territory relative to $309K acquisition costs.
How landlord-friendly is Alcoa, TN?
TN ranks as a landlord-friendly state for landlord-tenant law. Alcoa generally follows the statewide framework, so landlords face reasonable operating rules.
Can I live-in-and-rent in Alcoa, TN?
Alcoa, TN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,831/mo rent level.
What real estate strategy is ideal for Alcoa, TN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Alcoa, TN. The numbers - $309K homes against $1,831/mo rents - support that play.
You know 37701 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37701 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 37701 ranks in Knoxville, TN
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