Real Estate Investing in Lafollette, Tennessee (37766)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37766 (Lafollette, 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: 22.1% 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 Lafollette, TN (37766)?
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Market Analysis: 37766 Lafollette
This part of Campbell County is not an easy win. The 37766 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 37766 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 37766 and stronger Lafollette ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 37766 includes headwinds that any investor should price in. Income distribution skews lower than Lafollette averages, and tenant stability requires active management.
Strategy in 37766 is an operator game, not a passive one. On balance, entry prices of $235K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lafollette:
Property Strategy for 37766
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $173,047 | $960 | 4.0% | +15.9% | $86,523 |
| 3BR | $253,350 | $1,270 | 3.6% | +13.0% | $84,450 |
| 4BR | $492,625 | $1,270 | 1.9% | +14.0% | $123,156 |
| 5BR | $934,251 | — | — | +13.6% | $186,850 |
Market Trends
Home Value History (with trend line)
📊 How Does 37766 Compare?
| Metric | 37766 | Lafollette | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $234,761 | $234,761 | N/A | $327,001 |
| 5-Year CAGR | 8.3% | 8.3% | N/A | 7.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37766 (Lafollette, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $234,761 |
| Monthly Rent | $864 |
| Price-to-Rent | 22.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 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 37766
Population: 17,643
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 37766
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 are home prices like in Lafollette, TN?
Median home price in Lafollette, TN is near $235K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Are there empty rentals in Lafollette, TN?
Lafollette, TN sees elevated vacancy, which is reasonable relative to the broader TN rental market.
How landlord-friendly is Lafollette, TN?
The landlord environment in Lafollette, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What does house hacking look like in Lafollette, TN?
The a challenging house-hack environment in Lafollette, TN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the tenant pool like in Lafollette, TN?
Expect a solid tenant pool in Lafollette, TN. The rental market absorbs $864/mo rents without meaningful friction.
You know 37766 now. You don’t know where it ranks.
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How 37766 ranks in Knoxville, TN
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