9618 W Vine St · Ooltewah, TN 37363

$275,000

3 bd · 1.0 ba · 960 sqft · SingleFamily public records · 6 Days on market

Built 1972 10,454 sqft 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).

• Cash flow +15.6/30.0
• ARV discount +7.5/15.0
• DSCR +4.8/10.0
• Livability +3.3/5.0
• 1% rule +3.0/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 9618 Vine Street in the heart of Ooltewah! This beautifully updated 3-bedroom, 1-bath home is tucked away on a quiet dead-end street, offering both privacy and convenience. Step inside to discover a completely refreshed interior featuring all-new drywall, fresh paint, and stylish finishes throughout. The kitchen has been thoughtfully updated with brand-new cabinetry, elegant quartz countertops, and stainless steel GE appliances, creating a modern space that's both functional and inviting. The bathroom has been upgraded with a beautifully tiled tub/shower combination, while major improvements such as a new HVAC system provide peace of mind for years to come. Outside, you'll enjoy

Key facts

• New drywall
• Quartz countertops
• Fresh paint

Tags

• UPDATED INTERIOR
• NEW DRYWALL
• FRESH PAINT
• NEW CABINETRY
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES

Property features AI

Finance

• Other: Property type: Residential - Single Family Residence; Lot is level with paved, public-maintained city street frontage (lot dimensions 85 x 125, acreage listed but excluded per instructions); Subdivision: Carolyn Acres

Exterior

• Parking: Carport (1 space); Driveway; Off-street parking
• Utilities: Public water; Septic tank sewer; Electricity connected; Phone connected; Water connected
• Home design: Single-family house; One level; Updated / remodeled
• Construction: Brick and metal siding exterior; Block foundation; Built/finished area listed as 960 (sq. ft. excluded per instructions)
• Exterior features: Deck; Covered porch; Porch; Partial fencing; Shingle roof; No additional exterior structures listed

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Water heater
• Bedrooms: 6 total rooms (bedroom count not specified)
• Flooring: Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Eat-in kitchen
• Laundry & utility: Washer hookup (main level); Electric dryer hookup (main level)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $118 ($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 $220k (19.9% below list).
• Recommended offer: $220k (19.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#135 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment 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: Ooltewah Elementary (math 60% / reading 52%, grade C+, #82 of 952 statewide, top 9%, 874 students, 0% FRL); Ooltewah Middle School (math 20% / reading 21%, grade F, #194 of 333 statewide, top 59%, 519 students, 0% FRL); Ooltewah High School (math 9% / reading 39%, grade F, #144 of 332 statewide, top 43%, 1,266 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.
• Market conditions: Rents soft (-0.8%/yr); 733 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $2k of loan paydown is wiped out by about $8k 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

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $135k; list at $275k implies a 104% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $220,357 (19.9% below list)

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.80% ✗
• Cap rate: 6.81%
• Cash-on-cash: 1.83%
• DSCR: 1.08
• GRM: 10.4

CMA / ARV

• ARV (on-the-fly): $107,520
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5502 Pearl St	0.49mi	2/1.0 (-1)	896 (-7%)	4mo	$100,000	$112	58

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -16.4%
• Equity multiple: 0.43×
• Total profit: $-43,666
• Equity at exit: $41,003

10-year hold

• IRR: -13.7%
• Equity multiple: 0.30×
• Total profit: $-53,892
• Equity at exit: $23,777

Cash invested: $77,000 (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 37363

• Rents YoY: -0.8%
• Active inventory: 733
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,204 medium
• Mortgage (P&I): −$1,442
• Tax from tax record: −$66 /mo · $798/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$463
• Net cashflow: $118

Break-even live

Break-even rent $2,055

Max offer price $275,000

Occupancy floor 90%

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9211 Lawford Way Ooltewah, TN	1.0–3.0	1.0–2.0	1100	$2,219	$2.02	14d	12	0.97mi
9198 Integra Hills Ln Ooltewah, TN	1.0–3.0	1.0–2.0	1081	$2,107	$1.95	14d	33	1.16mi
5080 Apison Villas Cir Collegedale, TN	2.0	2.0	1112	$1,818	$1.63	14d	3	1.48mi

Listing history 6 events

1. 2026-06-18
   days on market $275,000 Active 6 DOM
2. 2026-06-17
   days on market $275,000 Active 5 DOM
3. 2026-06-16
   days on market $275,000 Active 4 DOM
4. 2026-06-15
   days on market $275,000 Active 3 DOM
5. 2026-06-14
   remarks 699-char remark
6. 2026-06-14
   listed $275,000 Active 1 DOM

ⓘ 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: $798 · $66/mo
• Projected year-2 tax: $1,952 · $163/mo
• Expected delta: +$1,155/yr (+$96/mo · 144.7%)

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

Taxation est. · year 1

• Rental income: $26,443
• − Mortgage interest: −$15,404
• − Property taxes: −$798
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,115
• − Management: −$2,115
• − Depreciation: −$8,000
• Taxable loss: −$3,365
• Est. tax savings @ 24.0%: +$808
• After-tax cash flow: $2,219/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 — Ooltewah

• Score: 66/100
• State rank: #135
• US rank: #12264

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ooltewah, TN
• County: Hamilton County · 312,777 people
• City population: 42,093
• Metro: Chattanooga, TN-GA
• Population (ZIP): 42,093
• Household income: $97,399
• Rent vs Own: 24.8% rent · 75.2% own
• Severe rent burden: 884.0

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: Predominantly White (79%)
• Race & ethnicity: White 79% Black 9% Hispanic / Latino 7% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Slovak 4% Italian 2% Romanian 2%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 5% German/W. Germanic 1% French/Haitian/Cajun 1%

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: ▼ -140.23%
• Current HPI: 247.6005
• Rent YoY: ▼ -0.79%
• Metro: Chattanooga, TN-GA
• 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

+963.9% since first listed

4 events — show timeline

• 2026-06-12 Listed $275,000 GCAR
• 2026-06-11 Coming Soon $275,000 GCAR
• 2026-04-13 Sold (Public Records) $135,000 Public Records
• 1994-05-20 Sold (Public Records) $25,849 Public Records

Property tax history

+5.2%/yr

Latest (2025): $798 · +64.9% YoY. Source: county tax records.