Obion County’s tension is a published rent-based gross yield alongside signals that demand and resilience need property-level verification. It suits investigators who can validate tenant depth, insurance and building condition; buyers relying on broad appreciation, frictionless resale or county averages should be cautious. The evidence is county-level and does not establish performance for any neighborhood, property type or tenant segment.
In Zillow’s June 2026 county observation, the median home value was $168,303, up 7.28% year over year. FHFA’s separately labeled 2025 annual repeat-transaction HPI rose 5.86%; it supports positive price direction but is not a home value and cannot be blended with Zillow’s different vintage or method. Median asking rent was $1,021 per month, producing the supplied 7.28% gross yield before costs. HUD’s two-bedroom FMR remains a payment standard—not asking rent—and must not replace market rent. The effective property-tax rate was 0.52%, a carrying-cost input against that gross measure.
Labor and transaction evidence make that headline yield conditional. QCEW’s annual average of covered jobs at county workplaces declined 2.34%; it is neither resident employment nor a forecast. Manufacturing is the largest disclosed private supersector, not the entire economy. In Realtor.com’s MLS listing market, 21.08% of listings had price reductions, a seller-concession signal rather than a closed-sale result or stand-alone proof of buyer demand. Net migration was negative 6 tax-return households, while outgoing movers averaged $1,038 more income than incoming movers. Investors accounted for 30 of 240 purchase mortgages, or 12.50%, indicating participation but not control of buyer competition.
Earthquake is the dominant hazard, and modeled climate loss equals 0.30% of building value per year; this is a modeled ratio, not a quoted insurance loss. Before underwriting, obtain parcel-level seismic and insurance terms, condition and repair scope, lease and rent comparables, vacancy and turnover, operating expenses, financing terms, and closed-sale comparables. Those items are not published here: without them, net yield, insurability, tenant durability and resale pricing cannot be determined.