Real Estate Investing in Heiskell, Tennessee (37754)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37754 (Heiskell, 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: 19.9% 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 Heiskell, TN (37754)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37754 Heiskell
ZIP 37754 inside Anderson County looks affordable on the surface — median value of $332K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $332K asset, 37754 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader TN picture, 37754 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 37754 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 37754 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 Heiskell:
Property Strategy for 37754
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $233,723 | $1,360 | 4.2% | +12.5% | $116,862 |
| 3BR | $340,904 | $1,720 | 3.6% | +11.0% | $113,635 |
Market Trends
Home Value History (with trend line)
📊 How Does 37754 Compare?
| Metric | 37754 | Heiskell | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $331,860 | $331,860 | N/A | $327,001 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 7.7% |
| Avg Rent | $1,224 | $1,224 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 37754 (Heiskell, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $331,860 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 22.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 37754
Population: 4,075
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 37754
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 2,984 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Heiskell, TN?
In Heiskell, TN the median home value sits at $332K. Against the broader TN market, that reads as reasonable for most investors.
How much is rent in Heiskell, TN?
Rental rates in Heiskell, TN average $1,224/mo. Tenant demand and $332K home values make the yield look reasonable by investor standards.
Is the tenant base reliable in Heiskell, TN?
Heiskell, TN offers a reliable renter base at the $1,224/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is rental property easy to operate in Heiskell, TN?
TN ranks as a landlord-friendly state for landlord-tenant law. Heiskell generally follows the statewide framework, so landlords face reasonable operating rules.
Are there empty rentals in Heiskell, TN?
Heiskell, TN carries elevated vacancy risk. Expect reliable absorption at market rents of $1,224/mo.
You know 37754 now. You don’t know where it ranks.
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How 37754 ranks in Knoxville, TN
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