Location: Cumberland County, TN | Metro: Cumberland County, TN
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $262,025 | 0.39% | F |
| 3BR | $1,370 | $360,059 | 0.38% | F |
| 4BR | $1,390 | $428,981 | 0.32% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP 38571, located in Crossville, TN, reveals a market that offers moderate potential for both yield and stability, making it a balanced option for landlords and small-portfolio investors.
On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $930, which is higher than the market rent of $798. This suggests that there is an opportunity to charge slightly above the average market rate, leading to a modest yield advantage. However, the median home value of $305,618 indicates a relatively low investment cost compared to other markets, potentially reducing the overall profitability per unit. To calculate the yield, consider the rental income versus the property value; here, the FMR provides a benchmark for potential rental rates.
Moving to the stability axis, the percentage of renters stands at 17.8%, which is below the national average and could imply lower demand for rentals. The lack of data on days on market (DOM) makes it challenging to assess how quickly properties can be leased. However, the median household income of $58,498 provides some insight into the financial capacity of local residents to sustain rental payments. This figure is crucial for understanding the long-term viability of rental income in the area.
Given these factors, ZIP 38571 does not qualify as a high-yield/low-stability 'flip-style' market due to the relatively low rent-to-home-value ratio and the absence of significant volatility indicators. It also does not fit the profile of a steady-cashflow zone, as the rental market penetration is quite low. Instead, it represents a middle-ground scenario where the potential for rental income is present but tempered by the limited number of renters and uncertain leasing dynamics.
To summarize, the key figures driving this classification are the $930 FMR against a $305,618 median home value, indicating a moderate yield, and the 17.8% rental market share with a median income of $58,498, suggesting reasonable stability but not robust demand. Investors should approach this market cautiously, considering the balance between potential returns and the risk of lower occupancy rates.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
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.