Real Estate Investing in Speedwell, Tennessee (37870)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37870 (Speedwell, 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.
- High vacancy: 29.4% of homes vacant — above national norms.
- Lower household income: $38,672 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Speedwell, TN (37870)?
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Market Analysis: 37870 Speedwell
ZIP 37870 in Speedwell, TN carries a substantial set of headwinds. Home values near $233K and rents of $891/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 37870 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader TN picture, 37870 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 37870 ZIP's population of 3,866 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Distressed ZIPs reward experience. impressive returns are possible in 37870, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Speedwell:
Market Trends
Home Value History (with trend line)
📊 How Does 37870 Compare?
| Metric | 37870 | Speedwell | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $232,964 | $232,964 | N/A | $327,001 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.7% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37870 (Speedwell, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $232,964 |
| Monthly Rent | $891 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.0%). 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 37870
Population: 3,866
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 37870
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
How do home values compare in Speedwell, TN?
In Speedwell, TN the median home value sits at $233K. Against the broader TN market, that reads as reasonable for most investors.
How should investors approach Speedwell, TN?
Most investors in Speedwell, 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.
How viable is house hacking in Speedwell, TN?
House hacking in Speedwell, TN is a challenging. With home values around $233K and rents at $891/mo, owner-occupants can offset a meaningful share of PITI.
Is Speedwell, TN good for landlords?
Speedwell, TN falls under TN landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Are tenants stable in Speedwell, TN?
Speedwell, TN draws a predictable base of working renters. Demand at the $891/mo rent level is reasonable for standard single-family and small multi rentals.
You know 37870 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37870 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 37870 ranks in Knoxville, TN
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