Real Estate Investing in Rockwood, Tennessee (37854)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37854 (Rockwood, 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.
- High vacancy: 19.1% 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 Rockwood, TN (37854)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37854 Rockwood
Investors eyeing 37854 need to respect the fundamentals at play. Home values of $235K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 37854 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 37854's metrics run below Roane County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 37854 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 37854 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Rockwood:
Property Strategy for 37854
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $170,396 | $1,040 | 4.4% | +11.3% | $85,198 |
| 3BR | $259,697 | $1,370 | 3.8% | +11.1% | $86,566 |
| 4BR | $358,231 | $1,690 | 3.4% | +9.9% | $89,558 |
Market Trends
Home Value History (with trend line)
📊 How Does 37854 Compare?
| Metric | 37854 | Rockwood | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $235,265 | $235,265 | N/A | $327,001 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 37854 (Rockwood, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $235,265 |
| Monthly Rent | $936 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (3.1%). 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 37854
Population: 12,403
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 37854
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 2,397 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Rockwood, TN?
Median home price in Rockwood, TN is near $235K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Is Rockwood, TN a good place for real estate investing?
Yes - Rockwood, TN a 3.0/5 investability score. With $235K home prices against $936/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is it easy to find good tenants in Rockwood, TN?
Tenant demand in Rockwood, TN is solid. The local workforce $936/mo rents across most rental classes.
What is the rental occupancy rate in Rockwood, TN?
Occupancy in Rockwood, TN runs measured with elevated vacancy. Well-priced units at $936/mo lease on reasonable timelines.
Is rental property easy to operate in Rockwood, TN?
The landlord environment in Rockwood, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 37854 now. You don’t know where it ranks.
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How 37854 ranks in Knoxville, TN
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