3906 14th Ave · Chattanooga, TN 37407

$175,000

3 bd · 1.0 ba · 1,347 sqft · SingleFamily public records · 32 Days on market

Built 1920 7,405 sqft lot Est $240k · 27% under

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Why this score? — see what drove the C- 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 +16.6/30.0
• ARV discount +15.0/15.0
• DSCR +5.1/10.0
• Livability +3.9/5.0
• 1% rule +3.2/10.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming 3BR/1BA at the foot of Missionary Ridge is the canvas you've been looking for, whether you're a first-time buyer ready to stop renting or a savvy investor adding to your portfolio. Fresh carpet and a fresh coat of paint is already in place and the rest is up to you. Two spacious outbuildings with water and power available open up endless possibilities for storage, toys, or even a she-shed. This gem gives you Great bones, unbeatable location, and a price point that leaves room to grow. Minutes from the Southside, downtown Chattanooga, and everyday amenities.

Key facts

• 7,405 sq ft lot
• Pool
• Built 1920

Property features AI

Finance

• Other: Property located in the Fairview subdivision
• HOA & community: No community features listed

Exterior

• Parking: Concrete driveway (paved)
• Utilities: Water and utilities listed as 'See Remarks'
• Home design: Single-family residence; One level
• Construction: Brick, concrete, and vinyl siding exterior; Block foundation
• Exterior features: Covered porch; Private pool; Shed(s) and additional storage; Sloped lot

Interior

• Kitchen: No appliances listed
• Bedrooms: Total of 6 rooms (includes bedrooms and living spaces)
• Flooring: Carpet; Linoleum
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Laminate counters; Storage; Master bedroom on the main level; Crawl space basement
• Laundry & utility: No washer/dryer or utility-specific appliances listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $105 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (18.1% below list).
• Recommended offer: $143k (18.1% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 3.4% in Chattanooga — 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 78/100 on livability (#3 in TN, #2,582 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Hamilton County (urban): math 31% / reading 31% proficiency, ranked #42 of 139 in TN (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: East Lake Elementary (math 12% / reading 6%, grade F, #839 of 952 statewide, top 88%, 590 students, 0% FRL); East Lake Academy of Fine Arts (math 4% / reading 6%, grade F, #295 of 333 statewide, top 91%, 528 students, 0% FRL); The Howard School (math 3% / reading 8%, grade F, #309 of 332 statewide, top 93%, 1,485 students, 0% FRL) — zoned schools average 0% FRL vs 52% district-wide (52 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 6% at this address vs 31% district-wide (-25 pts) — the specific schools serving this property underperform the Hamilton County average; the district grade overstates school quality for this exact location.
• Market conditions: 41 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,133 units permitted in Hamilton County in 2024 (405 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Hamilton County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 23y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $175k implies a 169% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $143,318 (18.1% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.82% ✗
• Cap rate: 7.01%
• Cash-on-cash: 2.57%
• DSCR: 1.11
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $239,766
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4012 14th Ave	0.09mi	3/2.0	1,345 (-0%)	11mo	$242,500	$180	82
4006 13th Ave	0.09mi	3/2.0	1,280 (-5%)	6mo	$205,000	$160	78
3904 6th Ave	0.44mi	3/1.0	1,231 (-9%)	6mo	$206,000	$167	60
2809 E 45th St	0.49mi	3/1.0	1,188 (-12%)	3mo	$195,000	$164	55
4310 7th Ave	0.52mi	3/2.0	1,292 (-4%)	14mo	$230,000	$178	53
1728 John Ross Rd	0.75mi	3/1.5	1,329 (-1%)	10mo	$248,500	$187	52
2700 E 46th St	0.61mi	3/1.0	1,294 (-4%)	16mo	$142,000	$110	51
3203 6th Ave	0.74mi	3/2.0	1,345 (-0%)	16mo	$255,000	$190	48
1508 S Rugby Pl	0.57mi	2/2.0 (-1)	1,452 (+8%)	7mo	$295,000	$203	45
4817 16th Ave	0.67mi	2/1.0 (-1)	1,179 (-12%)	2mo	$38,900	$33	41
3516 Maplewood Ln	0.58mi	2/1.0 (-1)	1,149 (-15%)	7mo	$255,000	$222	37
3107 13th Ave	0.63mi	4/2.0 (+1)	1,492 (+11%)	11mo	$225,000	$151	34

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

Projected returns pro-forma

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

5-year hold

• IRR: -12.3%
• Equity multiple: 0.56×
• Total profit: $-21,766
• Equity at exit: $26,093

10-year hold

• IRR: -3.3%
• Equity multiple: 0.78×
• Total profit: $-10,716
• Equity at exit: $15,131

Cash invested: $49,000 (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 37407

• Home prices YoY: -8.1%
• Active inventory: 41
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,433 high
• Mortgage (P&I): −$918
• Tax from tax record: −$37 /mo · $440/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $105

Break-even live

Break-even rent $1,300

Max offer price $175,000

Occupancy floor 88%

Sensitivity live

Price	-10% $204	-5% $154	+0% $105	+5% $55	+10% $6
Rent	-10% $-8	-5% $48	+0% $105	+5% $162	+10% $218
Rate	-1.0pp $193	-0.5pp $149	base $105	+0.5pp $60	+1.0pp $13

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3201 E 36th St Chattanooga, TN	3.0	1.0	1368	$1,525	$1.11	26d	1	0.26mi
3635 6th Ave Unit 3639 Chattanooga, TN	3.0	2.0	1300	$1,450	$1.12	16d	1	0.48mi
3627 6th Ave Unit 3627 Chattanooga, TN	3.0	2.0	1300	$1,350	$1.04	26d	1	0.48mi
3308 Roadrunner Trl Chattanooga, TN	2.0	2.0	1000	$1,323	$1.32	26d	1	0.61mi
3414 Betty Ln Chattanooga, TN	2.0	1.5	1117	$1,295	$1.16	26d	1	0.68mi
3403 Gail Dr Chattanooga, TN	2.0	2.0	1131	$1,425	$1.26	26d	1	0.70mi
3403 Gail Dr Chattanooga, TN	2.0	1.5	1000	$1,425	$1.43	16d	1	0.70mi
2903 15th Ave Chattanooga, TN	2.0	1.5	1100	$1,450	$1.32	26d	1	0.87mi
1409 E 50th St Chattanooga, TN	3.0	2.5	1350	$1,599	$1.18	16d	1	1.03mi
1072 Amelia Ct Chattanooga, TN	3.0	3.5	1500	$1,950	$1.30	26d	1	1.18mi
2417 13th Ave Chattanooga, TN	2.0	1.0	950	$1,150	$1.21	26d	1	1.19mi
515 W Gordon Ave Rossville, GA	2.0	1.0	906	$999	$1.10	46d	1	1.19mi
813 Chickamauga Ave Unit A Rossville, GA	2.0	1.0	900	$1,099	$1.22	26d	1	1.29mi
135 Hogan Rd Rossville, GA	3.0	2.5	1839	$1,975	$1.07	46d	1	1.34mi
132 Hogan Rd Rossville, GA	3.0	2.0	1248	$1,975	$1.58	46d	1	1.35mi
819 Asterwood Dr Unit B Rossville, GA	2.0	2.0	975	$1,445	$1.48	16d	1	1.36mi
815 Poindexter Ave Unit B Chattanooga, TN	2.0	1.5	1004	$1,199	$1.19	26d	1	1.38mi
1016 Greenslake Rd Chattanooga, TN	2.0	1.0	1250	$775	$0.62	16d	1	1.46mi

Listing history 25 events

1. 2026-06-23
   days on market $175,000 Active 32 DOM
2. 2026-06-22
   days on market $175,000 Active 31 DOM
3. 2026-06-18
   price $175,000 Active 28 DOM
4. 2026-06-18
   days on market $185,000 Active 28 DOM
5. 2026-06-17
   days on market $185,000 Active 27 DOM
6. 2026-06-16
   days on market $185,000 Active 26 DOM
7. 2026-06-15
   days on market $185,000 Active 25 DOM
8. 2026-06-14
   days on market $185,000 Active 23 DOM
9. 2026-06-10
   days on market $185,000 Active 20 DOM
10. 2026-06-09
    days on market $185,000 Active 19 DOM
11. 2026-06-08
    days on market $185,000 Active 18 DOM
12. 2026-06-07
    days on market $185,000 Active 17 DOM
13. 2026-06-05
    days on market $185,000 Active 14 DOM
14. 2026-06-03
    days on market $185,000 Active 13 DOM
15. 2026-06-02
    days on market $185,000 Active 12 DOM
16. 2026-06-01
    days on market $185,000 Active 11 DOM
17. 2026-05-31
    days on market $185,000 Active 10 DOM
18. 2026-05-30
    days on market $185,000 Active 9 DOM
19. 2026-05-21
    listed $185,000 Active
20. 2026-05-06
    historical $185,000
21. 2026-05-04
    listed $185,000 Active 577-char remark

    Show marketing remark (577 chars)

    This charming 3BR/1BA at the foot of Missionary Ridge is the canvas you've been looking for, whether you're a first-time buyer ready to stop renting or a savvy investor adding to your portfolio. Fresh carpet and a fresh coat of paint is already in place and the rest is up to you. Two spacious outbuildings with water and power available open up endless possibilities for storage, toys, or even a she-shed. This gem gives you Great bones, unbeatable location, and a price point that leaves room to grow. Minutes from the Southside, downtown Chattanooga, and everyday amenities.

22. 2018-01-18
    soldstatus $65,000
23. 2018-01-16
    soldstatus $65,000
24. 2007-01-16
    soldstatus $71,000
25. 2003-04-22
    listed $29,900

ⓘ 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: $440 · $37/mo
• Projected year-2 tax: $1,242 · $104/mo
• Expected delta: +$803/yr (+$67/mo · 182.4%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,198
• − Mortgage interest: −$9,803
• − Property taxes: −$440
• − Insurance: −$875
• − Repairs & maintenance: −$1,376
• − Management: −$1,376
• − Depreciation: −$5,091
• Taxable loss: −$1,762
• Est. tax savings @ 24.0%: +$423
• After-tax cash flow: $1,682/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: Hamilton County
• NCES district ID: 4701590
• Math proficiency: 31% ▼ -10.00%
• Reading proficiency: 31% ▼ -3.00%
• Median HH income: $47,456
• Composite: 26.8/100
• National rank: #7122
• State rank: #42 of 139 in TN

Livability — Chattanooga

• Score: 78/100
• State rank: #3
• US rank: #2582

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chattanooga, TN
• City population: 131,999
• Population (ZIP): 10,164

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 393,784 people
• By 2030: 412,983 · +4.9%
• By 2040: 449,502 · +14.1%
• By 2050: 484,341 · +23.0%
• By 2075: 565,746 · +43.7%
• By 2100: 618,394 · +57.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 43% White 29% Black 22% Two or more races 14%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Serbian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 27% · Canada
• Languages at home: 52% English-only · Spanish 43% Arabic 3%

Political lean MEDSL · Hamilton

• 2024 margin: R (+13.1) · D 42.7% · R 55.7% · Other 1.6%
• 2008→2024 swing: -1.2pp toward R · 2008: -11.8pp · 2024: -13.1pp
• All cycles: 2024: R+13.1 2020: R+9.7 2016: R+16.6 2012: R+14.8 2008: R+11.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.82%
• Current HPI: 212.4869
• 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

+518.7% since first listed

7 events — show timeline

• 2026-05-21 Listed $185,000 GCAR
• 2026-05-06 Coming Soon $185,000 GCAR
• 2026-05-04 Listed $185,000 RCAOR
• 2018-01-18 Sold (Public Records) $65,000 Public Records
• 2018-01-16 Sold (MLS) $65,000 GCAR
• 2007-01-16 Sold (Public Records) $71,000 Public Records
• 2003-04-22 Listed $29,900 RCAOR

Property tax history

+3.7%/yr

Latest (2025): $440 · +73.6% YoY. Source: county tax records.