Gross rental yield of 6.31% — ranked #56 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.6% | +31.4% |
| Market rent | — | — |
Metro: Cookeville, TN · County: Putnam County · Annual rent: $21,816
Similar home values, sorted by yield — the cheapest way to see if 38506 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 37924 | Knoxville | TN | $343,689 | $2,467 | 8.61% | 11.6 | +1.8% |
| 37716 | Clinton | TN | $341,657 | $2,425 | 8.52% | 11.7 | +4.6% |
| 37086 | La Vergne | TN | $345,167 | $2,203 | 7.66% | 13.1 | -2.2% |
| 37187 | White Bluff | TN | $348,842 | $1,765 | 6.07% | 16.5 | +0.8% |
| 37771 | Lenoir City | TN | $343,958 | $1,729 | 6.03% | 16.6 | +2.3% |
| 37055 | Dickson | TN | $349,438 | $1,752 | 6.02% | 16.6 | +1.8% |
| 37659 | Jonesborough | TN | $346,515 | $1,732 | 6.00% | 16.7 | +1.5% |
| 37763 | Kingston | TN | $339,961 | $1,285 | 4.54% | 22.0 | +3.8% |
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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