139 N Nevada Ave · La Follette, TN 37766

$99,900

3 bd · 1.0 ba · 1,097 sqft · SingleFamily public records · 75 Days on market

Built 1910 6,534 sqft lot Est $170k · 41% under

---

Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.8/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +8.0/10.0
• 1% rule +5.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0

Listing remarks MLS

Many updates done to this home, a must see. Large back yard, quiet dead end street. Will require minimum repairs. ALL offers MUST have Min $1,000 earnest money made to listing agent, Proof of funds or Pre-Qual letter : NO EXCEPTIONS please per seller. Sold AS IS Call listing agent for info on how to submit offer.

Key facts

• Covered porch
• Laundry room
• Storage sheds

Tags

• LAUNDRY ROOM
• STORAGE SHEDS
• COVERED PORCH

Property features AI

Finance

• Other: Lot about 0.15 acres (approximately 6,534 sq ft); Lot described as irregular, level with rolling slope; Property view: Other

Exterior

• Utilities: Public sewer
• Home design: Not attached to another unit; Building area recorded as 1,097
• Construction: Vinyl siding; Block construction; Frame construction; Crawl space foundation
• Exterior features: Vinyl windows; Storage structure; Workshop

Interior

• Kitchen: Eat-in kitchen (appliances not specified)
• Flooring: Laminate flooring; Hardwood flooring; Vinyl flooring
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Natural gas heating; Electric heating; Central cooling
• Interior features: Eat-in kitchen; Six total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $210 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $94k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 3.2% in La Follette — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 64/100 on livability (#178 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Campbell County (rural): math 19% / reading 20% proficiency, ranked #120 of 139 in TN (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 280 active listings in the ZIP; 111 units permitted in Campbell County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $11k of equity ($691 loan paydown + $10k appreciation (10.0% local appreciation)).
• Campbell County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $40k; list at $100k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $93,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 8.82%
• Cash-on-cash: 9.02%
• DSCR: 1.40
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $170,035
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
503 E Prospect St	0.43mi	3/1.5	1,137 (+4%)	6mo	$108,000	$95	67
501 E Prospect St	0.42mi	2/2.0 (-1)	1,136 (+4%)	2mo	$100,000	$88	64
516 N 11th St	0.36mi	3/2.0	1,092 (-0%)	19mo	$220,000	$201	62
509 E Forrest St	0.46mi	3/1.0	1,020 (-7%)	9mo	$66,000	$65	59
510 E Ash St	0.53mi	3/1.5	1,186 (+8%)	10mo	$169,000	$142	51
201 N 19th St	0.74mi	3/1.0	1,094 (-0%)	18mo	$180,000	$165	50
412 W Hemlock St	0.67mi	3/2.0	1,164 (+6%)	8mo	$257,000	$221	48
312 E Hemlock St	0.68mi	3/1.0	1,176 (+7%)	12mo	$169,000	$144	46
306 Rose Hill Dr	0.49mi	2/2.0 (-1)	1,020 (-7%)	16mo	$175,000	$172	43
205 E Elm St	0.48mi	3/1.0	1,219 (+11%)	23mo	$189,000	$155	40
400 S Indiana Ave	0.45mi	2/2.0 (-1)	1,017 (-7%)	22mo	$180,000	$177	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.8%
• Equity multiple: 3.42×
• Total profit: $67,766
• Equity at exit: $89,998

10-year hold

• IRR: 26.7%
• Equity multiple: 7.76×
• Total profit: $188,953
• Equity at exit: $194,084

Cash invested: $27,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Tennessee: 87 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

14-day notice (URLTA); generally landlord-favorable; Nashville court paced moderate.

Methodology + full state rankings →

ZIP-level market 37766

• Home prices YoY: 4.4%
• Active inventory: 280
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,033 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$40 /mo · $480/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$217
• Net cashflow: $210

Break-even live

Break-even rent $766

Max offer price $99,900

Occupancy floor 75%

Sensitivity live

Price	-10% $267	-5% $239	+0% $210	+5% $182	+10% $154
Rent	-10% $129	-5% $170	+0% $210	+5% $251	+10% $292
Rate	-1.0pp $261	-0.5pp $236	base $210	+0.5pp $184	+1.0pp $158

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-21
   days on market $99,900 Active 75 DOM
2. 2026-06-18
   days on market $99,900 Active 73 DOM
3. 2026-06-17
   days on market $99,900 Active 72 DOM
4. 2026-06-16
   days on market $99,900 Active 71 DOM
5. 2026-06-15
   days on market $99,900 Active 70 DOM
6. 2026-06-13
   days on market $99,900 Active 68 DOM
7. 2026-06-12
   days on market $99,900 Active 67 DOM
8. 2026-06-09
   days on market $99,900 Active 64 DOM
9. 2026-06-08
   days on market $99,900 Active 63 DOM
10. 2026-06-08
    days on market $99,900 Active 62 DOM
11. 2026-06-07
    days on market $99,900 Active 61 DOM
12. 2026-06-04
    days on market $99,900 Active 58 DOM
13. 2026-06-02
    days on market $99,900 Active 57 DOM
14. 2026-06-01
    days on market $99,900 Active 56 DOM
15. 2026-05-31
    days on market $99,900 Active 55 DOM
16. 2026-04-06
    listed $99,900 Active
17. 2007-07-11
    soldstatus $40,000 314-char remark

    Show marketing remark (314 chars)

    Many updates done to this home, a must see. Large back yard, quiet dead end street. Will require minimum repairs. ALL offers MUST have Min $1,000 earnest money made to listing agent, Proof of funds or Pre-Qual letter : NO EXCEPTIONS please per seller. Sold AS IS Call listing agent for info on how to submit offer.

18. 2007-02-07
    listed $42,900 314-char remark

    Show marketing remark (314 chars)

    Many updates done to this home, a must see. Large back yard, quiet dead end street. Will require minimum repairs. ALL offers MUST have Min $1,000 earnest money made to listing agent, Proof of funds or Pre-Qual letter : NO EXCEPTIONS please per seller. Sold AS IS Call listing agent for info on how to submit offer.

19. 2006-06-07
    soldstatus $76,000
20. 2006-06-02
    soldstatus $78,000 303-char remark

    Show marketing remark (303 chars)

    This beautiful home is completely updated inside and out. Set in downtown LaFollette, and has new central heat and air, new shingles, Dutch lap siding, new vinyl, double hung windows, new double french door, new berber carpet, new upgraded vinyl in kitchen and bath. completely updated kitchen and bath.

21. 2006-04-13
    listed $78,000 303-char remark

    Show marketing remark (303 chars)

    This beautiful home is completely updated inside and out. Set in downtown LaFollette, and has new central heat and air, new shingles, Dutch lap siding, new vinyl, double hung windows, new double french door, new berber carpet, new upgraded vinyl in kitchen and bath. completely updated kitchen and bath.

22. 2006-01-31
    soldstatus $10,500
23. 2005-07-28
    listed $24,900
24. 1998-03-25
    soldstatus $27,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TN · Resets to sale price

• Current annual tax: $480 · $40/mo
• Projected year-2 tax: $709 · $59/mo
• Expected delta: +$229/yr (+$19/mo · 47.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,392
• − Mortgage interest: −$5,596
• − Property taxes: −$480
• − Insurance: −$500
• − Repairs & maintenance: −$991
• − Management: −$991
• − Depreciation: −$2,906
• Taxable income: $928
• Est. tax owed @ 24.0%: −$223
• After-tax cash flow: $2,301/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Campbell County
• NCES district ID: 4700420
• Math proficiency: 19% ▼ -9.00%
• Reading proficiency: 20% ▼ -6.00%
• Median HH income: $32,606
• Composite: 15.84/100
• National rank: #9262
• State rank: #120 of 139 in TN

Livability — La Follette

• Score: 64/100
• State rank: #178
• US rank: #14667

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment F Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: La Follette, TN
• Population (ZIP): 17,643

Population outlook (Campbell County) Hauer SSP2

• Today (2025): 37,507 people
• By 2030: 35,989 · -4.0%
• By 2040: 32,773 · -12.6%
• By 2050: 29,475 · -21.4%
• By 2075: 21,972 · -41.4%
• By 2100: 15,332 · -59.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 3%
• Common ancestry: Slovak 4% Lithuanian 2% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Campbell

• 2024 margin: Solid R (+69.6) · D 14.8% · R 84.5%
• 2008→2024 swing: -32.7pp toward R · 2008: -37.0pp · 2024: -69.6pp
• All cycles: 2024: R+69.6 2020: R+66.2 2016: R+60.9 2012: R+43.6 2008: R+37.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 15.90%
• Current HPI: 378.2421
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.78%
• F500 in state: 22

Industry mix (Fortune 500 HQ in TN)

Industry	F500 HQs	Revenue
▸Healthcare	3	$91B
▸Retail	3	$72B
▸Transportation / Logistics	1	$88B
▸Paper / Packaging	1	$19B
▸Insurance	1	$13B
▸Energy	1	$12B

Price history

+270.0% since first listed

9 events — show timeline

• 2026-04-06 Listed $99,900 Knoxville MLS
• 2007-07-11 Sold (MLS) $40,000 Knoxville MLS
• 2007-02-07 Listed $42,900 Knoxville MLS
• 2006-06-07 Sold (Public Records) $76,000 Public Records
• 2006-06-02 Sold (MLS) $78,000 Knoxville MLS
• 2006-04-13 Listed $78,000 Knoxville MLS
• 2006-01-31 Sold (MLS) $10,500 Knoxville MLS
• 2005-07-28 Listed $24,900 Knoxville MLS
• 1998-03-25 Sold (Public Records) $27,000 Public Records

Property tax history

+3.5%/yr

Latest (2025): $480 · +0.0% YoY. Source: county tax records.