595 Days Rd · Lafayette, TN 37083

$249,999

3 bd · 2.0 ba · 1,680 sqft · SingleFamily · 30 Days on market

Built 2021 0.50 ac lot

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Why this score? — see what drove the D 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).

• Appreciation +10.0/10.0
• Cash flow +8.3/30.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• 1% rule +2.6/10.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0

Listing remarks MLS

THIS NEW BRICKED FONDATION HOME W/1/2 AC LOT IN CITY LIMITS. CLOSE TO ALL THE SCHOOLS. CLOSE TO ALL SHOPPING CENTERS. HAS A GREAT COUNTRY VIEW OUT BACK. TILE WALK-IN SHOWER W/DOUBLE VANITY IN MASTER BATH DOUBLE BAR IN KIT. OPEN FLOOR PLAN, STAINLESS STEEL APPL WALK-IN CLOSETS LARGE LAUR. RM W/ SINK & PANTRY PLUS LOTS COUNTER TOPS. 8X16 FRONT DECK 6X8 BACK DECK. A MUST TO SEE

Key facts

• Open living room
• Permanent foundation
• Large island

Tags

• UPGRADED MANUFACTURED HOME
• PERMANENT FOUNDATION
• OPEN LIVING ROOM
• LARGE ISLAND
• STAINLESS STEEL APPLIANCES
• OVERSIZED LAUNDRY ROOM

Property features AI

Finance

• Other: Living area about 1,680 square feet; Built/existing structure

Exterior

• Parking: No covered or designated parking spaces listed
• Utilities: Public water; Septic tank; Electricity available
• Home design: Manufactured on land residential property; One story
• Construction: Brick and vinyl siding exterior
• Exterior features: Half-acre lot

Interior

• Kitchen: Electric oven and range; Dishwasher; Stainless steel appliances; Kitchen approximately 13 x 15
• Bedrooms: 3 bedrooms (all on the main level); Primary bedroom approximately 15 x 17; Second bedroom approximately 12 x 15; Third bedroom approximately 10 x 15
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning (electric)
• Interior features: Electric oven and electric range; Dishwasher; Stainless steel appliances; Crawl space basement
• Laundry & utility: Utilities: electricity and public water available

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-293 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $208k (17.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (24.0% below list).
• Recommended offer: $190k (24.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#80 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A-; Watch: amenities F, commute F, employment F.
• Macon County (rural): math 34% / reading 29% proficiency, ranked #53 of 139 in TN (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lafayette Elementary School (math 44% / reading 31%, grade F, #269 of 952 statewide, top 28%, 422 students, 0% FRL); Macon County Junior High School (math 37% / reading 26%, grade F, #89 of 333 statewide, top 28%, 771 students, 0% FRL); Macon County High School (math 21% / reading 32%, grade F, #112 of 332 statewide, top 35%, 967 students, 0% FRL) — zoned schools average 0% FRL vs 53% district-wide (53 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 179 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 181 units permitted in Macon County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $27k of equity ($2k loan paydown + $25k appreciation (10.0% local appreciation)).
• Macon County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y 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 $200k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood 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 $190,000 (24.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.76% ✗
• Cap rate: 5.20%
• Cash-on-cash: -3.89%
• DSCR: 0.83
• GRM: 11.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 20.7%
• Equity multiple: 2.68×
• Total profit: $117,555
• Equity at exit: $225,219

10-year hold

• IRR: 18.8%
• Equity multiple: 6.16×
• Total profit: $361,001
• Equity at exit: $485,693

Cash invested: $70,000 (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 37083

• Home prices YoY: 8.8%
• Active inventory: 179
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,900 medium
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,750/yr
• Insurance: −$104
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $-293

Break-even live

Break-even rent $2,271

Max offer price $207,580

Occupancy floor —

Sensitivity live

Price	-10% $-120	-5% $-207	+0% $-293	+5% $-380	+10% $-466
Rent	-10% $-443	-5% $-368	+0% $-293	+5% $-218	+10% $-143
Rate	-1.0pp $-167	-0.5pp $-230	base $-293	+0.5pp $-358	+1.0pp $-424

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Apache Pt Lafayette, TN	3.0	2.0	1300	$1,900	$1.46	45d	1	0.58mi
203 Cherokee Dr Lafayette, TN	3.0	2.0	1300	$1,900	$1.46	45d	1	0.60mi
217 Cherokee Dr Unit 16 Lafayette, TN	3.0	2.0	1200	$1,900	$1.58	45d	1	0.61mi

Listing history 21 events

1. 2026-06-21
   days on market $249,999 Active 30 DOM
2. 2026-06-21
   days on market $249,999 Active 29 DOM
3. 2026-06-18
   days on market $249,999 Active 27 DOM
4. 2026-06-17
   days on market $249,999 Active 26 DOM
5. 2026-06-16
   days on market $249,999 Active 25 DOM
6. 2026-06-15
   days on market $249,999 Active 24 DOM
7. 2026-06-13
   days on market $249,999 Active 22 DOM
8. 2026-06-12
   days on market $249,999 Active 21 DOM
9. 2026-06-09
   days on market $249,999 Active 18 DOM
10. 2026-06-08
    days on market $249,999 Active 17 DOM
11. 2026-06-08
    days on market $249,999 Active 16 DOM
12. 2026-06-07
    days on market $249,999 Active 15 DOM
13. 2026-06-03
    days on market $249,999 Active 12 DOM
14. 2026-06-02
    days on market $249,999 Active 11 DOM
15. 2026-06-01
    days on market $249,999 Active 10 DOM
16. 2026-05-31
    days on market $249,999 Active 9 DOM
17. 2026-05-22
    listed $249,999 Active
18. 2021-11-08
    soldstatus $200,000 Closed 382-char remark

    Show marketing remark (382 chars)

    THIS NEW BRICKED FONDATION HOME W/1/2 AC LOT IN CITY LIMITS. CLOSE TO ALL THE SCHOOLS. CLOSE TO ALL SHOPPING CENTERS. HAS A GREAT COUNTRY VIEW OUT BACK. TILE WALK-IN SHOWER W/DOUBLE VANITY IN MASTER BATH DOUBLE BAR IN KIT. OPEN FLOOR PLAN, STAINLESS STEEL APPL WALK-IN CLOSETS LARGE LAUR. RM W/ SINK & PANTRY PLUS LOTS COUNTER TOPS. 8X16 FRONT DECK 6X8 BACK DECK. A MUST TO SEE

19. 2021-10-08
    historical Active Under Contract 382-char remark

    Show marketing remark (382 chars)

    THIS NEW BRICKED FONDATION HOME W/1/2 AC LOT IN CITY LIMITS. CLOSE TO ALL THE SCHOOLS. CLOSE TO ALL SHOPPING CENTERS. HAS A GREAT COUNTRY VIEW OUT BACK. TILE WALK-IN SHOWER W/DOUBLE VANITY IN MASTER BATH DOUBLE BAR IN KIT. OPEN FLOOR PLAN, STAINLESS STEEL APPL WALK-IN CLOSETS LARGE LAUR. RM W/ SINK & PANTRY PLUS LOTS COUNTER TOPS. 8X16 FRONT DECK 6X8 BACK DECK. A MUST TO SEE

20. 2021-09-17
    price $196,900 382-char remark

    Show marketing remark (382 chars)

    THIS NEW BRICKED FONDATION HOME W/1/2 AC LOT IN CITY LIMITS. CLOSE TO ALL THE SCHOOLS. CLOSE TO ALL SHOPPING CENTERS. HAS A GREAT COUNTRY VIEW OUT BACK. TILE WALK-IN SHOWER W/DOUBLE VANITY IN MASTER BATH DOUBLE BAR IN KIT. OPEN FLOOR PLAN, STAINLESS STEEL APPL WALK-IN CLOSETS LARGE LAUR. RM W/ SINK & PANTRY PLUS LOTS COUNTER TOPS. 8X16 FRONT DECK 6X8 BACK DECK. A MUST TO SEE

21. 2021-07-26
    listed $198,900 Active 382-char remark

    Show marketing remark (382 chars)

    THIS NEW BRICKED FONDATION HOME W/1/2 AC LOT IN CITY LIMITS. CLOSE TO ALL THE SCHOOLS. CLOSE TO ALL SHOPPING CENTERS. HAS A GREAT COUNTRY VIEW OUT BACK. TILE WALK-IN SHOWER W/DOUBLE VANITY IN MASTER BATH DOUBLE BAR IN KIT. OPEN FLOOR PLAN, STAINLESS STEEL APPL WALK-IN CLOSETS LARGE LAUR. RM W/ SINK & PANTRY PLUS LOTS COUNTER TOPS. 8X16 FRONT DECK 6X8 BACK DECK. A MUST TO SEE

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,800
• − Mortgage interest: −$14,004
• − Property taxes: −$3,750
• − Insurance: −$2,047
• − Repairs & maintenance: −$1,824
• − Management: −$1,824
• − Depreciation: −$7,273
• Taxable loss: −$7,922
• Est. tax savings @ 24.0%: +$1,901
• After-tax cash flow: $-1,616/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: Macon County
• NCES district ID: 4702550
• Math proficiency: 34% ▼ -4.00%
• Reading proficiency: 29% ▼ -3.00%
• Median HH income: $34,280
• Composite: 25.97/100
• National rank: #7329
• State rank: #53 of 139 in TN

Livability — Lafayette

• Score: 68/100
• State rank: #80
• US rank: #9247

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lafayette, TN
• Population (ZIP): 16,887

Population outlook (Macon County) Hauer SSP2

• Today (2025): 24,618 people
• By 2030: 25,337 · +2.9%
• By 2040: 26,739 · +8.6%
• By 2050: 27,822 · +13.0%
• By 2075: 30,614 · +24.4%
• By 2100: 31,851 · +29.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 9% Two or more races 7%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 1% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Macon

• 2024 margin: Solid R (+74.3) · D 12.4% · R 86.7%
• 2008→2024 swing: -54.8pp toward R · 2008: -19.6pp · 2024: -74.3pp
• All cycles: 2024: R+74.3 2020: R+71.6 2016: R+69.3 2012: R+53.7 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 31.33%
• Current HPI: 388.8726
• 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

+25.7% since first listed

5 events — show timeline

• 2026-05-22 Listed $249,999 REALTRACS as Distributed by MLS Grid
• 2021-11-08 Sold (MLS) $200,000 REALTRACS as Distributed by MLS Grid
• 2021-10-08 Contingent — REALTRACS as Distributed by MLS Grid
• 2021-09-17 Price Changed $196,900 REALTRACS as Distributed by MLS Grid
• 2021-07-26 Listed $198,900 REALTRACS as Distributed by MLS Grid