Real Estate Investing in Cosby, Tennessee (37722)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37722 (Cosby, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.3% 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 Cosby, TN (37722)?
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Market Analysis: 37722 Cosby
Not every below-median market is a bargain. Cosby's 37722 ZIP sits at signals that favor experienced operators who can absorb the risk $273K pricing implies.
For an experienced owner, 37722 can be a a credible choice for hunting ground — but the discount at $273K reflects genuine risk that outside investors often underestimate.
On the rental side, 37722 offers a low basis, the region around Cosby has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A substantial renter share of 23% in 37722 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 37722 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 Cosby:
Property Strategy for 37722
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $289,375 | $1,040 | 2.6% | +12.4% | $144,687 |
| 3BR | $335,079 | $1,360 | 2.9% | +11.4% | $111,693 |
Market Trends
Home Value History (with trend line)
📊 How Does 37722 Compare?
| Metric | 37722 | Cosby | Newport, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $272,819 | $272,819 | N/A | $327,001 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 37722 (Cosby, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $272,819 |
| Monthly Rent | $936 |
| Price-to-Rent | 24.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.7%). 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 37722
Population: 7,430
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 37722
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.
Frequently Asked Questions
What strategy should investors use in Cosby, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Cosby, TN. With home values at $273K and rents near $936/mo, other strategies can work but produce consistent rather than outsized returns.
How deep is the rental pool in Cosby, TN?
The tenant pool in Cosby, TN is solid, supported by local employment and population fundamentals. Rents of $936/mo are well-absorbed by the market.
What is the typical rental rate in Cosby, TN?
Investors in Cosby, TN typically see rents near $936/mo per month against $273K home values - a solid setup for rental cash flow.
How viable is house hacking in Cosby, TN?
House hacking in Cosby, TN is a challenging. With home values around $273K and rents at $936/mo, owner-occupants can offset a meaningful share of PITI.
What kind of vacancy should I budget for in Cosby, TN?
Occupancy in Cosby, TN runs stable with elevated vacancy. Well-priced units at $936/mo lease on reasonable timelines.
You know 37722 now. You don’t know where it ranks.
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How 37722 ranks in Newport, TN
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