Real Estate Investing in Kodak, Tennessee (37764)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37764 (Kodak, 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.
- High price-to-rent: Price-to-rent ratio 27.0 — 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 Kodak, TN (37764)?
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Market Analysis: 37764 Kodak
The 37764 ZIP in Kodak, TN is a local-operator market. Outside capital chasing a $368K entry has to pair deep knowledge with the discount.
The 37764 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader TN picture, 37764 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 37764 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 37764 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 Kodak:
Market Trends
Home Value History (with trend line)
📊 How Does 37764 Compare?
| Metric | 37764 | Kodak | Tennessee |
|---|---|---|---|
| Home Value | $367,856 | $367,856 | $327,001 |
| 5-Year CAGR | 4.4% | 4.4% | 7.7% |
| Avg Rent | $1,134 | $1,134 | - |
| Cap Rate | 2.4% | 2.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37764 (Kodak, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $367,856 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 27.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (2.4%). 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 37764
Population: 11,507
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 37764
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
How do home values compare in Kodak, TN?
Homes in Kodak, TN typically sell near $368K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
What is the renter demographic in Kodak, TN?
Kodak, TN offers a steady renter base at the $1,134/mo rent level. Tenant turnover is reasonable for well-managed properties.
How does Kodak, TN stack up for property investment?
Yes - Kodak, TN a 3.0/5 investability score. With $368K home prices against $1,134/mo monthly rent, the market delivers a reasonable entry point for new investors.
Can owner-occupants cash flow in Kodak, TN?
Kodak, TN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,134/mo rent level.
Is Kodak, TN better for rentals, flips, or BRRRR?
For Kodak, TN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 37764 now. You don’t know where it ranks.
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