Real Estate Investing in Corryton, Tennessee (37721)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37721 (Corryton, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
No major risk flags on the data we track.
What’s happening in Corryton, TN (37721)?
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Market Analysis: 37721 Corryton
The 37721 ZIP in Corryton, TN is a local-operator market. Outside capital chasing a $333K entry has to pair deep knowledge with the discount.
Rent of $2,164/mo on a $333K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37721 sits below the stated 0.0% once reality is priced in.
The gap between 37721 and stronger Corryton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 37721 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 37721 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 Corryton:
Property Strategy for 37721
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $223,384 | $1,380 | 4.4% | +12.2% | $111,692 |
| 3BR | $327,646 | $1,780 | 3.9% | +11.2% | $109,215 |
| 4BR | $426,318 | $2,080 | 3.5% | +10.7% | $106,580 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37721 Compare?
| Metric | 37721 | Corryton | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $333,262 | $333,262 | N/A | $327,001 |
| 5-Year CAGR | 8.7% | 8.7% | N/A | 7.7% |
| Avg Rent | $2,164 | $2,164 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
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 37721 (Corryton, TN). Anonymous, moderated, never written by AI.
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Property managers serving Knox County
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📊 Market Snapshot
| Home Value | $333,262 |
| Monthly Rent | $2,164 |
| Price-to-Rent | 12.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (5.1%). 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 37721
Population: 14,649
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 37721
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
Where do rents currently stand in Corryton, TN?
Investors in Corryton, TN typically see rents near $2,164/mo per month against $333K home values - a solid setup for rental cash flow.
Is Corryton, TN better for rentals, flips, or BRRRR?
Corryton, TN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($333K prices, $2,164/mo rents) make it a reasonable choice.
Should investors consider Corryton, TN?
The 3.0/5 investability rating in Corryton, TN reflects its $333K prices and $2,164/mo rents. Investors generally consider it a solid option within TN.
Can owner-occupants cash flow in Corryton, TN?
Corryton, TN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $333K price point reasonable to enter.
What kind of vacancy should I budget for in Corryton, TN?
Corryton, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 37721 now. You don’t know where it ranks.
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How 37721 ranks in Knoxville, TN
Every ZIP in this metro, ranked. Free.
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