Real Estate Investing in Pocahontas, Tennessee (38061)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38061 (Pocahontas, TN)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 38.4% of homes vacant — above national norms.
- Elevated poverty: 26.4% poverty rate — can affect rent collection.
- Higher unemployment: 8.9% unemployment — tenant risk signal.
- Lower household income: $35,083 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 Pocahontas, TN (38061)?
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Market Analysis: 38061 Pocahontas
Investors eyeing 38061 need to respect the fundamentals at play. Home values of $188K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 38061 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 38061 and stronger Pocahontas ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 38061 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Pocahontas's stable or hybrid ZIPs before stepping into 38061. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Pocahontas:
Market Trends
Home Value History (with trend line)
📊 How Does 38061 Compare?
| Metric | 38061 | Pocahontas | Tennessee |
|---|---|---|---|
| Home Value | $188,052 | $188,052 | $327,001 |
| 5-Year CAGR | N/A | N/A | 7.7% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 3.5% | 3.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38061 (Pocahontas, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $188,052 |
| Monthly Rent | $846 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +13.4% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (3.5%). 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 38061
Population: 1,014
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
Frequently Asked Questions
What are home prices like in Pocahontas, TN?
Median home price in Pocahontas, TN is near $188K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
What are vacancy rates like in Pocahontas, TN?
Pocahontas, TN sees elevated vacancy, which is reasonable relative to the broader TN rental market.
Is it easy to find good tenants in Pocahontas, TN?
Tenant demand in Pocahontas, TN is solid. The local workforce $846/mo rents across most rental classes.
How do landlord-tenant laws work in Pocahontas, TN?
TN ranks as a landlord-friendly state for landlord-tenant law. Pocahontas generally follows the statewide framework, so landlords face reasonable operating rules.
Which investment style suits Pocahontas, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Pocahontas, TN. With home values at $188K and rents near $846/mo, other strategies can work but produce consistent rather than outsized returns.
You know 38061 now. You don’t know where it ranks.
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