Real Estate Investing in Townsend, Tennessee (37882)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37882 (Townsend, 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: 48.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.5 — 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 Townsend, TN (37882)?
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Market Analysis: 37882 Townsend
This part of Blount County is not an easy win. The 37882 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 37882 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 37882 and stronger Townsend ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 37882 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.
Experienced landlords with local relationships tend to find 37882 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 Townsend:
Property Strategy for 37882
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $303,669 | $1,060 | 2.5% | +12.7% | $303,669 |
| 2BR | $412,934 | $1,310 | 2.3% | +12.9% | $206,467 |
| 3BR | $598,797 | $1,660 | 2.0% | +13.2% | $199,599 |
Market Trends
Home Value History (with trend line)
📊 How Does 37882 Compare?
| Metric | 37882 | Townsend | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $403,728 | $318,240 | N/A | $327,001 |
| 5-Year CAGR | 7.0% | 5.8% | N/A | 7.7% |
| Avg Rent | $1,179 | $1,188 | N/A | - |
| Cap Rate | 2.3% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37882 (Townsend, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $403,728 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 28.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 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 37882
Population: 2,800
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 37882
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
Are there empty rentals in Townsend, TN?
Townsend, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the median home value in Townsend, TN?
Homes in Townsend, TN typically sell near $404K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What kind of market is Townsend, TN for investors?
Yes - Townsend, TN a 3.0/5 investability score. With $404K home prices against $1,179/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Townsend, TN a good market for FHA house hackers?
House hacking works a challenging in Townsend, TN. Rents of $1,179/mo against $404K acquisition make the strategy solid for owner-occupants.
What do rentals go for in Townsend, TN?
The typical rental in Townsend, TN commands about $1,179/mo monthly. That rent profile predictable cash flow against the $404K purchase basis.
You know 37882 now. You don’t know where it ranks.
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How 37882 ranks in Knoxville, TN
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