Real Estate Investing in Blaine, Tennessee (37709)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37709 (Blaine, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.1% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 29.1 — 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 Blaine, TN (37709)?
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Market Analysis: 37709 Blaine
Investors eyeing 37709 need to respect the fundamentals at play. Home values of $336K come alongside slower price movement and elevated management overhead.
Rent of $963/mo on a $336K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37709 sits below the stated 0.0% once reality is priced in.
The gap between 37709 and stronger Blaine ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 37709 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.
Strategically, 37709 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Blaine:
Market Trends
Home Value History (with trend line)
📊 How Does 37709 Compare?
| Metric | 37709 | Blaine | Morristown, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $335,788 | $335,788 | N/A | $327,001 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 7.7% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37709 (Blaine, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $335,788 |
| Monthly Rent | $963 |
| Price-to-Rent | 29.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 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 (2.2%). 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 37709
Population: 3,948
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What kind of market is Blaine, TN for investors?
Blaine, TN scores 3.0/5 for investability. Home values sit at $336K and rents near $963/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much is rent in Blaine, TN?
Rental rates in Blaine, TN average $963/mo. Tenant demand and $336K home values make the yield look reasonable by investor standards.
Is vacancy a concern in Blaine, TN?
Occupancy in Blaine, TN runs even-keeled with elevated vacancy. Well-priced units at $963/mo lease on reasonable timelines.
Is Blaine, TN a good market for FHA house hackers?
The house hack math a challenging in Blaine, TN. Owner-occupant buyers benefit from the $963/mo rents and $336K home values.
Are homes affordable in Blaine, TN?
Typical homes in Blaine, TN go for around $336K. The 5-year CAGR of 0.0% consistent price movement.
You know 37709 now. You don’t know where it ranks.
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How 37709 ranks in Morristown, TN
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