Gross rental yield of 10.98% — ranked #13 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -0.1% | +27.0% |
| Market rent | +9.9% | — |
Metro: Chattanooga, TN-GA · County: Hamilton County · Annual rent: $20,256
Similar home values, sorted by yield — the cheapest way to see if 37406 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 37410 | Chattanooga | TN | $158,830 | $1,437 | 10.86% | 9.2 | -6.3% |
| 38141 | Memphis | TN | $193,309 | $1,607 | 9.98% | 10.0 | -1.2% |
| 38115 | Memphis | TN | $167,301 | $1,075 | 7.71% | 13.0 | -0.1% |
| 38261 | Union City | TN | $173,861 | $1,021 | 7.05% | 14.2 | +7.7% |
| 38116 | Memphis | TN | $158,556 | $914 | 6.92% | 14.5 | -1.0% |
| 38012 | Brownsville | TN | $168,194 | $932 | 6.65% | 15.0 | -1.9% |
| 38019 | Covington | TN | $213,426 | $1,100 | 6.18% | 16.2 | +4.2% |
| 38024 | Dyersburg | TN | $171,721 | $757 | 5.29% | 18.9 | -0.0% |
Top rental yields in all of Tennessee →
Screening more than one ZIP? Get every Tennessee ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
Instant download after checkout · what's inside