Real Estate Investing in Mascot, Tennessee (37806)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37806 (Mascot, 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: 15.4% 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 Mascot, TN (37806)?
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Market Analysis: 37806 Mascot
Not every below-median market is a bargain. Mascot's 37806 ZIP clocks in at signals that favor experienced operators who can absorb the risk $284K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $284K asset, 37806 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 37806 and stronger Mascot ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 37806 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 37806 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 Mascot:
Property Strategy for 37806
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $186,843 | $1,080 | 4.2% | +12.3% | $93,421 |
| 3BR | $287,892 | $1,380 | 3.5% | +12.0% | $95,964 |
| 4BR | $346,077 | $1,600 | 3.3% | +10.1% | $86,519 |
Market Trends
Home Value History (with trend line)
📊 How Does 37806 Compare?
| Metric | 37806 | Mascot | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $284,197 | $284,197 | N/A | $327,001 |
| 5-Year CAGR | 8.7% | 8.7% | N/A | 7.7% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 37806 (Mascot, TN). Anonymous, moderated, never written by AI.
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Property managers serving Knox County
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📊 Market Snapshot
| Home Value | $284,197 |
| Monthly Rent | $972 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 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 (2.7%). 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 37806
Population: 3,011
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 37806
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 is the typical rental rate in Mascot, TN?
The typical rental in Mascot, TN commands about $972/mo monthly. That rent profile steady cash flow against the $284K purchase basis.
Are renters plentiful in Mascot, TN?
Working renters make up the core of the Mascot, TN tenant base. The pool is reasonable for investors targeting long-term holds.
How tight is the rental market in Mascot, TN?
Vacancy risk in Mascot, TN is elevated. That supports steady cash flow for typical rental holds.
Does a duplex house hack pencil in Mascot, TN?
For house hackers, Mascot, TN is a challenging. The $972/mo rent on a unit helps defray the mortgage on a $284K property.
What is the smart move for investors in Mascot, TN?
Most investors in Mascot, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 37806 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37806 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37806 ranks in Knoxville, TN
Every ZIP in this metro, ranked. Free.
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