Gross rental yield of 4.67% — ranked #125 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +7.2% | +45.7% |
| Market rent | — | — |
Metro: Paris, TN · County: Henry County · Annual rent: $10,200
Similar home values, sorted by yield — the cheapest way to see if 38242 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 37915 | Knoxville | TN | $213,923 | $1,898 | 10.65% | 9.4 | -5.1% |
| 37411 | Chattanooga | TN | $237,342 | $1,432 | 7.24% | 13.8 | -2.7% |
| 37620 | Bristol | TN | $236,226 | $1,415 | 7.19% | 13.9 | -1.9% |
| 37660 | Kingsport | TN | $232,242 | $1,355 | 7.00% | 14.3 | -0.8% |
| 38134 | Bartlett | TN | $228,915 | $1,313 | 6.88% | 14.5 | +0.9% |
| 38019 | Covington | TN | $213,426 | $1,100 | 6.18% | 16.2 | +4.2% |
| 37643 | Elizabethton | TN | $237,703 | $1,067 | 5.38% | 18.6 | -0.7% |
| 38237 | Martin | TN | $224,237 | $930 | 4.98% | 20.1 | +6.4% |
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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