Gross rental yield of 6.41% — ranked #52 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -1.5% | +18.6% |
| Market rent | +0.6% | +12.5% |
Metro: Memphis, TN-MS-AR · County: Shelby County · Annual rent: $18,024
Similar home values, sorted by yield — the cheapest way to see if 38125 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 38133 | Bartlett | TN | $277,794 | $1,590 | 6.87% | 14.6 | -0.2% |
| 38117 | Memphis | TN | $271,375 | $1,473 | 6.52% | 15.3 | -1.8% |
| 38305 | Jackson | TN | $281,594 | $1,502 | 6.40% | 15.6 | -0.7% |
| 37604 | Johnson City | TN | $288,417 | $1,493 | 6.21% | 16.1 | -0.1% |
| 37814 | Morristown | TN | $291,827 | $1,462 | 6.01% | 16.6 | +5.0% |
| 37601 | Johnson City | TN | $269,607 | $1,329 | 5.92% | 16.9 | +0.2% |
| 37664 | Kingsport | TN | $283,922 | $1,296 | 5.48% | 18.3 | +0.1% |
| 37303 | Athens | TN | $270,474 | $1,085 | 4.81% | 20.8 | +3.0% |
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