Introduction

Investing in rental properties can be a lucrative way to build wealth and secure financial stability. However, the key to success lies in selecting the right property in the right location. A good rental property is one that offers a balance of affordability, high rental demand, and potential for appreciation. Location plays a crucial role in determining these factors. The right location can attract high-quality tenants, ensure consistent rental income, and provide opportunities for future value appreciation. Blount County, TN, offers a variety of attractive neighborhoods, each with its own unique appeal and investment potential. This guide will help you navigate the best areas in Blount County for rental property investment, evaluating each based on convenience, tourist attractions, things to do, average home prices, return on investment, proximity to work-related travel, and the unique "x-factor" that makes each area desirable.

Best Neighborhoods and Areas in Blount County, TN

1. Maryville

Grades:

• Convenience: A
• Tourist Attractions: B
• Things to Do: B+
• Avg Home Prices: B
• Return on Investment: A
• Proximity to Work-Related Travel: B+
• X-Factor: A

Convenience: A
Maryville is known for its excellent infrastructure, with easy access to major highways, public transportation, and essential services. The town has a variety of shopping centers, schools, and healthcare facilities, making it highly convenient for residents.

Tourist Attractions: B
While not a primary tourist destination, Maryville is close to several attractions such as the Great Smoky Mountains National Park and Cades Cove. These nearby sites offer plenty of opportunities for outdoor activities, which can attract nature-loving tenants.

Things to Do: B+
Maryville offers a mix of cultural and recreational activities. The city has parks, trails, museums, and a vibrant downtown area with shops and restaurants. Events like the Foothills Fall Festival add to its appeal.

Avg Home Prices: B
Home prices in Maryville are moderate, making it an affordable option for investors. The average home price is around $250,000, which is reasonable compared to national averages.

Return on Investment: A
Maryville's strong rental demand and relatively low home prices contribute to a high return on investment. The area is growing, and property values are expected to appreciate over time.

Proximity to Work-Related Travel: B+
Maryville is within commuting distance to Knoxville, where many major employers and business centers are located. It is also close to McGhee Tyson Airport, making it convenient for frequent travelers.

X-Factor: A
Maryville's blend of small-town charm and proximity to natural attractions make it unique. It offers a high quality of life, which attracts families and professionals looking for a peaceful yet well-connected place to live.

2. Alcoa

Grades:

• Convenience: B+
• Tourist Attractions: C+
• Things to Do: B
• Avg Home Prices: A
• Return on Investment: B+
• Proximity to Work-Related Travel: A
• X-Factor: B

Convenience: B+
Alcoa is known for its excellent public services and infrastructure. It has a variety of amenities, including schools, parks, and shopping centers, making it a convenient place to live.

Tourist Attractions: C+
Alcoa itself doesn't have many tourist attractions, but it is close to Maryville and Knoxville, which offer plenty of recreational and cultural activities.

Things to Do: B
Residents of Alcoa can enjoy a variety of outdoor activities, thanks to its proximity to the Smoky Mountains. The city also has several parks and community events throughout the year.

Avg Home Prices: A
Home prices in Alcoa are relatively low, with an average of around $200,000. This affordability makes it an attractive option for investors looking to maximize their return on investment.

Return on Investment: B+
Alcoa offers good rental yields due to its affordability and demand for housing. Property values are expected to appreciate as the area continues to develop.

Proximity to Work-Related Travel: A
Alcoa's proximity to McGhee Tyson Airport and major highways makes it highly convenient for work-related travel. It is also close to Knoxville, a major employment hub.

X-Factor: B
Alcoa's unique appeal lies in its affordability and convenience. It is an excellent choice for investors looking for a cost-effective entry into the rental market, with the potential for steady returns.

3. Townsend

Grades:

• Convenience: B-
• Tourist Attractions: A
• Things to Do: B+
• Avg Home Prices: B
• Return on Investment: B
• Proximity to Work-Related Travel: C+
• X-Factor: A

Convenience: B-
Townsend is a smaller community with fewer amenities compared to Maryville and Alcoa. However, it offers essential services and is a short drive from larger towns.

Tourist Attractions: A
Townsend is known as the "Peaceful Side of the Smokies." It offers direct access to the Great Smoky Mountains National Park, making it a hotspot for tourists and nature enthusiasts.

Things to Do: B+
Townsend offers a range of outdoor activities, including hiking, fishing, and horseback riding. The town also has museums and cultural sites that celebrate the local heritage.

Avg Home Prices: B
The average home price in Townsend is around $240,000, which is reasonable considering its proximity to major natural attractions.

Return on Investment: B
Townsend's appeal to tourists can provide opportunities for short-term rentals, which can be lucrative. However, the market is smaller and more seasonal.

Proximity to Work-Related Travel: C+
Townsend is farther from major employment centers and the airport, making it less convenient for frequent travelers or commuters.

X-Factor: A
Townsend's unique charm lies in its tranquility and natural beauty. It attracts a niche market of renters looking for a peaceful retreat, making it a desirable location for vacation rentals.

4. Louisville

Grades:

• Convenience: B
• Tourist Attractions: B
• Things to Do: B
• Avg Home Prices: B+
• Return on Investment: B
• Proximity to Work-Related Travel: B+
• X-Factor: B+

Convenience: B
Louisville offers a good balance of suburban living with access to essential services and amenities. It is less crowded than larger towns, providing a peaceful living environment.

Tourist Attractions: B
While not a major tourist destination, Louisville is close to the Tennessee River and Fort Loudoun Lake, offering recreational activities for residents and visitors.

Things to Do: B
Residents can enjoy water-based activities, parks, and local events. The town is also within driving distance of larger cities with more extensive entertainment options.

Avg Home Prices: B+
Home prices in Louisville average around $220,000, making it an affordable option for investors. The area's affordability can attract a broad range of tenants.

Return on Investment: B
Louisville offers steady rental income potential. While not as high-yield as some other areas, it provides consistent returns due to stable demand.

Proximity to Work-Related Travel: B+
Louisville is relatively close to Knoxville and McGhee Tyson Airport, making it convenient for commuters and travelers.

X-Factor: B+
Louisville's unique appeal lies in its combination of suburban tranquility and access to outdoor activities. It attracts tenants looking for a balanced lifestyle with opportunities for recreation.

5. Rockford

Grades:

• Convenience: B-
• Tourist Attractions: C
• Things to Do: C+
• Avg Home Prices: A
• Return on Investment: B
• Proximity to Work-Related Travel: B
• X-Factor: B

Convenience: B-
Rockford is a smaller town with basic amenities. It is a short drive from larger towns like Maryville, providing access to more comprehensive services.

Tourist Attractions: C
Rockford doesn't have many tourist attractions, but it is close to the Smoky Mountains and other regional attractions, offering some appeal for nature enthusiasts.

Things to Do: C+
The town offers limited recreational activities but benefits from its proximity to larger towns and outdoor attractions.

Avg Home Prices: A
Home prices in Rockford are quite low, with an average of around $180,000. This affordability makes it an attractive option for investors on a budget.

Return on Investment: B
Rockford offers good rental yields due to low property prices and steady demand. However, the market is smaller and less dynamic.

Proximity to Work-Related Travel: B
Rockford is reasonably close to Knoxville and McGhee Tyson Airport, making it convenient for commuters and travelers.

X-Factor: B
Rockford's unique appeal lies in its affordability and quiet, small-town atmosphere. It is ideal for tenants looking for a low-cost, peaceful living environment.

6. Walland

Grades:

• Convenience: C+
• Tourist Attractions: B+
• Things to Do: B
• Avg Home Prices: B
• Return on Investment: B
• Proximity to Work-Related Travel: C+
• X-Factor: A

Convenience: C+
Walland is a rural area with limited amenities. However, it offers essential services and is a short drive from Maryville and Townsend.

Tourist Attractions: B+
Walland is close to the Great Smoky Mountains National Park, making it an attractive location for nature lovers and tourists.

Things to Do: B
The area offers plenty of outdoor activities, including hiking, fishing, and camping. It also has several local events and cultural sites.

Avg Home Prices: B
Home prices in Walland average around $230,000, which is affordable considering its proximity to major natural attractions.

Return on Investment: B
Walland offers good rental income potential, especially for short-term vacation rentals. The area's natural beauty attracts a steady stream of tourists.

Proximity to Work-Related Travel: C+
Walland is farther from major employment centers and the airport, making it less convenient for frequent travelers or commuters.

X-Factor: A
Walland's unique appeal lies in its stunning natural surroundings and tranquil atmosphere. It is ideal for vacation rentals and tenants seeking a retreat from urban life.

Conclusion

Blount County, TN, offers a variety of neighborhoods and areas with diverse investment potentials. Whether you prioritize convenience, tourist attractions, or affordability, there is a location in Blount County that can meet your investment goals. By carefully considering the unique features and appeal of each area, you can unlock the full potential of your rental property investment in this beautiful part of Tennessee.