Location: Claiborne County, TN | Metro: Claiborne County, TN
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
To classify ZIP code 37851 on the axes of yield and stability, we must rely on the available data. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $930. However, specific market rent and home value figures for ZIP 37851 are not provided, which makes it challenging to assess the yield relative to these benchmarks. Without the market rent and home value data, we cannot definitively categorize this ZIP as either high-yield or low-yield compared to its potential for flipping properties.
Regarding stability, the data lacks specific percentages of renters, days on market (DOM), and median income levels for ZIP 37851. These missing figures are crucial for understanding how stable the rental market might be, including tenant turnover rates and the economic health of the area's residents. Without these metrics, it's impossible to determine if the area offers steady cash flow or if it's prone to volatility.
In conclusion, based on the provided data, ZIP 37851 cannot be clearly classified into a high-yield/low-stability flip-style market or a steady-cashflow zone. The key factor that drives this uncertainty is the absence of specific market rent, home value, and demographic stability indicators such as renter percentage, DOM, and median income. Landlords and small-portfolio investors should seek additional local market analysis to make informed decisions about this ZIP code's investment potential.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.