Real Estate Investing in Cumberland Gap, Tennessee (37724)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37724 (Cumberland Gap, 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.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
- Lower household income: $31,676 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cumberland Gap, TN (37724)?
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Market Analysis: 37724 Cumberland Gap
Investors eyeing 37724 need to respect the fundamentals at play. Home values of $225K come alongside slower price movement and elevated management overhead.
From an investor standpoint, the numbers look inviting — $225K purchase price, 0.0% nominal cap — the work to hit that pro forma in 37724 is substantial and deserves full respect.
ZIP 37724's metrics run below Claiborne County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 37724 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Cumberland Gap:
Market Trends
Home Value History (with trend line)
📊 How Does 37724 Compare?
| Metric | 37724 | Cumberland Gap | Tennessee |
|---|---|---|---|
| Home Value | $224,979 | $224,979 | $327,001 |
| 5-Year CAGR | 5.3% | 5.3% | 7.7% |
| Avg Rent | $927 | $927 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37724 (Cumberland Gap, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $224,979 |
| Monthly Rent | $927 |
| Price-to-Rent | 20.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.2%). 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 37724
Population: 2,417
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 37724
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 real estate strategy is ideal for Cumberland Gap, TN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cumberland Gap, TN. The numbers - $225K homes against $927/mo rents - support that play.
How strong are rents in Cumberland Gap, TN?
Rent in Cumberland Gap, TN is around $927/mo. The resulting rent-to-value relationship with $225K pricing is reasonable for most investor models.
How do home values compare in Cumberland Gap, TN?
Median home price in Cumberland Gap, TN is near $225K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Is TN a landlord-friendly state?
TN law landlord-friendly for landlords, and Cumberland Gap inherits those rules. Investors should still review local ordinances for rental licensing.
How strong is Cumberland Gap, TN for real estate investors?
Investors tracking Cumberland Gap, TN will find a 3.0/5 rating supported by $225K median home values and $927/mo rents. That profile suits long-term holders targeting even-keeled returns.
You know 37724 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37724 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.
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