Real Estate Investing in Louisville, Tennessee (37777)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37777 (Louisville, 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: 9.4% vacancy may signal weakening demand.
What’s happening in Louisville, TN (37777)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37777 Louisville
ZIP 37777 inside Blount County looks affordable on the surface — median value of $456K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 37777 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Louisville have seen price recovery that 37777 has not matched. Blount County data supports the view that the spread is structural rather than temporary.
Employment concentration in 37777 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 37777 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 Louisville:
Property Strategy for 37777
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $300,335 | $1,080 | 2.6% | +9.9% | $150,168 |
| 3BR | $432,025 | $1,380 | 2.3% | +11.1% | $144,008 |
| 4BR | $651,213 | $1,620 | 1.8% | +11.3% | $162,803 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37777 Compare?
| Metric | 37777 | Louisville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $456,021 | $456,021 | N/A | $327,001 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.7% |
| Avg Rent | $1,646 | $1,646 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 37777 (Louisville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $456,021 |
| Monthly Rent | $1,646 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | -1.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 37777
Population: 13,101
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 37777
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
Does Louisville, TN make sense for an investment property?
The 3.0/5 investability rating in Louisville, TN reflects its $456K prices and $1,646/mo rents. Investors generally consider it a solid option within TN.
How qualified is the tenant pool in Louisville, TN?
The tenant pool in Louisville, TN is solid, supported by local employment and population fundamentals. Rents of $1,646/mo are well-absorbed by the market.
How tight is the rental market in Louisville, TN?
Vacancy risk in Louisville, TN is elevated. That supports reliable cash flow for typical rental holds.
Is Louisville, TN suited for a house hack?
The a challenging house-hack environment in Louisville, TN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How do experienced investors play Louisville, TN?
The best-fit strategy in Louisville, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 37777 now. You don’t know where it ranks.
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How 37777 ranks in Knoxville, TN
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