Real Estate Investing in Friendsville, Tennessee (37737)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37737 (Friendsville, 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: 16.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.9 — 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 Friendsville, TN (37737)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37737 Friendsville
The 37737 ZIP in Friendsville, TN is a local-operator market. Outside capital chasing a $439K entry has to pair deep knowledge with the discount.
Meanwhile, the numbers look inviting — $439K purchase price, 0.0% nominal cap — the work to hit that pro forma in 37737 is substantial and deserves full respect.
The gap between 37737 and stronger Friendsville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 37737 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 37737 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Friendsville:
Property Strategy for 37737
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $437,630 | $1,790 | 2.9% | +12.0% | $145,877 |
| 4BR | $579,613 | $2,080 | 2.6% | +10.4% | $144,903 |
Market Trends
Home Value History (with trend line)
📊 How Does 37737 Compare?
| Metric | 37737 | Friendsville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $439,284 | $439,284 | N/A | $327,001 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 7.7% |
| Avg Rent | $1,269 | $1,269 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 37737 (Friendsville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $439,284 |
| Monthly Rent | $1,269 |
| Price-to-Rent | 28.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 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 (2.3%). 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 37737
Population: 6,576
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 37737
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 2,186 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Friendsville, TN?
Friendsville, TN home values average about $439K. That price point suits investors targeting rentals with $1,269/mo in monthly income.
Is Friendsville in TN worth investing in?
Friendsville, TN rates 3.0/5 for investability. With median values at $439K and rents near $1,269/mo, the market offers reasonable fundamentals for rental investors.
How viable is house hacking in Friendsville, TN?
Friendsville, TN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $439K price point reasonable to enter.
Is TN a landlord-friendly state?
TN law landlord-friendly for landlords, and Friendsville inherits those rules. Investors should still review local ordinances for rental licensing.
How tight is the rental market in Friendsville, TN?
Vacancy in Friendsville, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,269/mo.
You know 37737 now. You don’t know where it ranks.
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How 37737 ranks in Knoxville, TN
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