Gross rental yield of 6.21% — ranked #58 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -0.1% | +35.7% |
| Market rent | +3.5% | — |
Metro: Johnson City, TN · County: Washington County · Annual rent: $17,916
Similar home values, sorted by yield — the cheapest way to see if 37604 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 38018 | Cordova | TN | $293,665 | $1,700 | 6.95% | 14.4 | -2.8% |
| 38125 | Memphis | TN | $281,066 | $1,502 | 6.41% | 15.6 | -1.5% |
| 38305 | Jackson | TN | $281,594 | $1,502 | 6.40% | 15.6 | -0.7% |
| 37814 | Morristown | TN | $291,827 | $1,462 | 6.01% | 16.6 | +5.0% |
| 37042 | Clarksville | TN | $295,113 | $1,394 | 5.67% | 17.6 | -0.4% |
| 37664 | Kingsport | TN | $283,922 | $1,296 | 5.48% | 18.3 | +0.1% |
| 37416 | Chattanooga | TN | $294,325 | $1,328 | 5.41% | 18.5 | -1.3% |
| 37912 | Knoxville | TN | $295,604 | $1,228 | 4.99% | 20.1 | +1.3% |
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.
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