Real Estate Investing in Russellville, Tennessee (37860)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37860 (Russellville, 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 price-to-rent: Price-to-rent ratio 28.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Russellville, TN (37860)?
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Market Analysis: 37860 Russellville
Not every below-median market is a bargain. Russellville's 37860 ZIP shows signals that favor experienced operators who can absorb the risk $302K pricing implies.
For an experienced owner, 37860 can be a worth a close look for hunting ground — but the discount at $302K reflects genuine risk that outside investors often underestimate.
The gap between 37860 and stronger Russellville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Put differently, 3,739 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
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 Russellville:
Market Trends
Home Value History (with trend line)
📊 How Does 37860 Compare?
| Metric | 37860 | Russellville | Morristown, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $302,269 | $302,269 | N/A | $327,001 |
| 5-Year CAGR | 7.9% | 7.9% | N/A | 7.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 37860 (Russellville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $302,269 |
| Monthly Rent | $873 |
| Price-to-Rent | 28.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (2.3%). 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 37860
Population: 3,739
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 37860
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 2,195 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Russellville, TN?
The median home value in Russellville, TN is roughly $302K. That puts it reasonable relative to the TN statewide average.
How do landlord-tenant laws work in Russellville, TN?
The landlord environment in Russellville, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the tenant pool like in Russellville, TN?
Russellville, TN draws a consistent base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.
Should investors consider Russellville, TN?
Yes - Russellville, TN a 3.0/5 investability score. With $302K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
What are rental rates like in Russellville, TN?
Russellville, TN rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $302K acquisition costs.
You know 37860 now. You don’t know where it ranks.
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How 37860 ranks in Morristown, TN
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