Tennessee
Fentress County
ZIP 38504
18,948 residents7 permits TTM$50,865 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$151,800
ACS 5-Year
Cap rate proxy
4.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.5%
HUD FMR ÷ ACS HHI
Net migration
+0.49%
IRS SOI
Permits (TTM)
7
Census BPS
Climate risk
28.4
FEMA NRI (0–100)
ZIP 38504
Median home value
$270,920
Gross yield
4.1%
Cap rate
2.7%
Rent gap
33.6%
Affordability
P/I: 5.3R/I: —
Section 8 detail
SAFMR: $925Rent: $614Gap: 50.7%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 38589 | $151,800county est. | $925 | 7.3% | 4.9% | 33.6% |
| 38556 | $226,986 | $925 | 4.9% | 3.2% | 33.6% |
| 38553 | $268,672 | $925 | 4.1% | 2.7% | 33.6% |
| 38504 | $270,920 | $925 | 4.1% | 2.7% | 33.6% |
| 38565 | $299,102 | $925 | 3.7% | 2.5% | 33.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
80.6%
Census ACS
Vacancy rate
16.5%
Census ACS
Bachelor's degree +
15.3%
Census ACS
Rent burdened
34.5%
Census ACS (>30% income)
Median age
47.0
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026