Real Estate Investing in Clarkrange, Tennessee (38553)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38553 (Clarkrange, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 27.6 — 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 Clarkrange, TN (38553)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 38553 Clarkrange
From an investor standpoint, ZIP 38553 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $277K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $277K asset, 38553 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TN, ZIP 38553 trails on several market indicators that neighboring Fentress County submarkets outperform. The gap is real and durable enough to shape underwriting.
The demographic picture in 38553 includes headwinds that any investor should price in. Income distribution skews lower than Clarkrange averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 38553 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 Clarkrange:
Market Trends
Home Value History (with trend line)
📊 How Does 38553 Compare?
| Metric | 38553 | Clarkrange | Tennessee |
|---|---|---|---|
| Home Value | $276,934 | $276,934 | $327,001 |
| 5-Year CAGR | 8.2% | 8.2% | 7.7% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 2.4% | 2.4% | - |
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 38553 (Clarkrange, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 38553 (Clarkrange, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $276,934 |
| Monthly Rent | $837 |
| Price-to-Rent | 27.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.4% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (2.4%). 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 38553
Population: 2,541
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 38553
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.
Frequently Asked Questions
What is the investability score for Clarkrange, TN?
Yes - Clarkrange, TN a 3.0/5 investability score. With $277K home prices against $837/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are rents high in Clarkrange, TN?
Rents in Clarkrange, TN run near $837/mo. Compared with median home prices of $277K that produces solid gross yields for typical rentals.
Do rentals sit vacant long in Clarkrange, TN?
Rental vacancy in Clarkrange, TN is elevated. Investors should budget normal turnover but not chronic empty units.
Does Clarkrange, TN favor landlords or tenants?
Rental owners in Clarkrange, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What kind of tenants rent in Clarkrange, TN?
Tenant quality in Clarkrange, TN ranks as solid. Landlords generally report measured occupancy at market rents of $837/mo.
You know 38553 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38553 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.
AI Market Advisor
Ask questions about investing in 38553 (Clarkrange)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 38553 (Clarkrange, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.