Real Estate Investing in Caryville, Tennessee (37714)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37714 (Caryville, 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.
- High vacancy: 24.4% 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 Caryville, TN (37714)?
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Market Analysis: 37714 Caryville
The 37714 ZIP covers a section of Caryville that demands careful diligence. Prices near $250K look accessible, but the work to make a deal cash flow is real.
In practical terms, the numbers look inviting — $250K purchase price, 0.0% nominal cap — the work to hit that pro forma in 37714 is substantial and deserves full respect.
In the broader TN picture, 37714 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 37714 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, 37714 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 Caryville:
Market Trends
Home Value History (with trend line)
📊 How Does 37714 Compare?
| Metric | 37714 | Caryville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $250,468 | $250,468 | N/A | $327,001 |
| 5-Year CAGR | 8.5% | 8.5% | N/A | 7.7% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37714 (Caryville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $250,468 |
| Monthly Rent | $918 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 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 (2.9%). 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 37714
Population: 4,150
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 37714
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
What monthly rent should investors expect in Caryville, TN?
Average rent in Caryville, TN is approximately $918/mo per month. Against $250K home values that yields a reasonable rent-to-price ratio.
What are vacancy rates like in Caryville, TN?
Caryville, TN sees elevated vacancy, which is reasonable relative to the broader TN rental market.
Is Caryville, TN a good market for buy-and-hold investors?
Investors tracking Caryville, TN will find a 3.0/5 rating supported by $250K median home values and $918/mo rents. That profile suits long-term holders targeting even-keeled returns.
Which real estate strategy fits Caryville, TN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Caryville, TN. The numbers - $250K homes against $918/mo rents - support that play.
How much does a house cost in Caryville, TN?
In Caryville, TN the median home value sits at $250K. Against the broader TN market, that reads as reasonable for most investors.
You know 37714 now. You don’t know where it ranks.
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How 37714 ranks in Knoxville, TN
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