Real Estate Investing in Lancing, Tennessee (37770)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37770 (Lancing, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lancing, TN (37770)?
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Market Analysis: 37770 Lancing
ZIP 37770 inside Morgan County looks affordable on the surface — median value of $202K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 37770 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader TN picture, 37770 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 37770 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
appears 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 Lancing:
Market Trends
Home Value History (with trend line)
📊 How Does 37770 Compare?
| Metric | 37770 | Lancing | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $201,662 | $201,662 | N/A | $327,001 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 7.7% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37770 (Lancing, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,662 |
| Monthly Rent | $882 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (3.4%). 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 37770
Population: 3,034
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
🎓 Nearby Colleges & Universities
Investor Insight: With 719 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Lancing, TN?
Homes in Lancing, TN typically sell near $202K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
How strong is tenant demand in Lancing, TN?
Working renters make up the core of the Lancing, TN tenant base. The pool is reasonable for investors targeting long-term holds.
How much rent can I charge in Lancing, TN?
Lancing, TN rentals go for roughly $882/mo a month. That puts gross yield in solid territory relative to $202K acquisition costs.
What real estate strategy is ideal for Lancing, TN?
Lancing, TN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($202K prices, $882/mo rents) make it a reasonable choice.
How strict are landlord regulations in Lancing, TN?
Lancing, TN operates under TN law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
You know 37770 now. You don’t know where it ranks.
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How 37770 ranks in Knoxville, TN
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