New Tazewell, TN — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.0%

Below average

Monthly Cash Flow

-$471

After all expenses

Price-to-Rent

14.4

Investor-friendly

DSCR

0.62

Fails

📊 Key Metrics

Median Home Price
$235,345
Average Rent (3BR)
$1,360/mo
Price-to-Rent Ratio
14.4(good)
1% Rule
0.58%(fails — need 1%+)
Cash-on-Cash Return
-10.4%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.6%(-0.7% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+3.3% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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Property Tax Rate

0.56%

of assessed value (TN avg)

Median Income

$59,695

household (TN avg)

Rent-to-Income

27.3%

Affordable

Section 8 Max Rent

$1,360/mo

3BR voucher payment

🏛️ TN Investor Climate

Landlord Friendly

8/10

State Income Tax

✅ None

Property Tax

0.56% effective

Population Trend

+3.3% (3yr)

🏘️ Best Zip Codes in New Tazewell for Investors

37888
Cap Rate: 4.0%Cash Flow: -$471/mo$235,345
37888
Cap Rate: 4.0%Cash Flow: -$471/mo$235,345
37825
Cap Rate: 3.8%Cash Flow: -$513/mo$241,563

All Zip Codes in New Tazewell

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
378884.0%-$471$235,345$1,360/mo0.62
378884.0%-$471$235,345$1,360/mo0.62
378253.8%-$513$241,563$1,360/mo0.60