205 Linda Ln · Nashville-Davidson metropolitan government (balance), TN 37115

$140,000

2 bd · 2.0 ba · 1,550 sqft · SingleFamily public records · 14 Days on market

Built 1956 0.94 ac lot ↓ 22% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

*READ* Who this property is NOT for - If you are a wholesaler, "work for an investor," NOT local, out of area but "have a local team," can't produce proof of funds with your name on it, only have a few cosmetic flips under your belt - this property isn't for you. Dont waste my time or yours. If you are a seasoned local investor who will walk the property before trying to negotiate a price - you may continue reading. CALLING ALL CASH INVESTORS! Huge lot in an established neighborhood. Value in land. Part of the structure can be preserved - likely shell and roof. This lot is in a flood plain but if you raise the foundation 3 ft flood plain insurance will not be required. No Sight Unseen offers will be entertained. Must send a selfie of yourself at the property.

Key facts

• Value in land
• Huge lot
• 0.94 acre lot

Tags

• HUGE LOT
• ESTABLISHED NEIGHBORHOOD
• VALUE IN LAND

Property features AI

Exterior

• Parking: Attached parking; Carport with 1 covered space (total parking 1)
• Utilities: Public water; Public sewer; Water service available
• Home design: Single-family residence; One story; Residential property
• Construction: Brick construction; Existing home
• Exterior features: Approximately 0.94-acre lot; Lot dimensions about 226 x 267

Interior

• Kitchen: No appliances listed
• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Other flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: No heating; No cooling
• Interior features: Crawl space basement; No built-in heating; No built-in cooling; No listed appliances
• Laundry & utility: No laundry appliances listed

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $383 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 13.2% vs local median 2.9% in Nashville-Davidson metropolitan government (balance) — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Davidson County (urban): math 12% / reading 19% proficiency, ranked #126 of 139 in TN (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Stratton Elementary (math 2% / reading 8%, grade F, #896 of 952 statewide, top 96%, 474 students, 0% FRL); Hunters Lane High (math 0% / reading 8%, grade F, #321 of 332 statewide, top 97%, 1,466 students, 0% FRL) — zoned schools average 0% FRL vs 66% district-wide (66 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents soft (-0.9%/yr); 330 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 6,873 units permitted in Davidson County in 2024 (4,138 in 5+ unit buildings).
• At $2,152/mo this rent would consume 47% of the median local household income ($55k/yr) (locally 2759% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Davidson County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 14 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,000

Questions for the listing agent

1. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.54% ✓
• Cap rate: 13.23%
• Cash-on-cash: 24.78%
• DSCR: 2.10
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $430,900
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
206 W Marthona Rd	0.35mi	3/1.5 (+1)	1,512 (-2%)	2mo	$419,900	$278	71
509 Pima Rd	0.44mi	3/1.5 (+1)	1,581 (+2%)	3mo	$452,500	$286	67
903 Freywood Dr	0.35mi	3/1.0 (+1)	1,414 (-9%)	12mo	$386,200	$273	50
209 W Marthona Rd	0.32mi	3/2.0 (+1)	1,350 (-13%)	11mo	$618,000	$458	50
105 Head Dr	0.54mi	3/2.0 (+1)	1,726 (+11%)	2mo	$415,000	$240	49
156 Heritage Trace Dr	0.60mi	3/2.5 (+1)	1,472 (-5%)	9mo	$249,900	$170	49
604 Chadwell Dr	0.28mi	3/2.0 (+1)	1,331 (-14%)	12mo	$450,000	$338	49
1105 Gibson Dr	0.66mi	2/1.0	1,415 (-9%)	4mo	$225,000	$159	47
607 Gibson Dr	0.37mi	2/1.0	1,333 (-14%)	10mo	$314,000	$236	47
100 S Graycroft Ave	0.51mi	3/1.5 (+1)	1,394 (-10%)	8mo	$315,000	$226	46
110 S Graycroft Ave	0.47mi	3/2.0 (+1)	1,392 (-10%)	12mo	$450,000	$323	46
918 Cayce Dr	0.44mi	3/2.5 (+1)	1,350 (-13%)	8mo	$415,000	$307	44

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: -3.1%
• Equity multiple: 0.89×
• Total profit: $-4,349
• Equity at exit: $20,874

10-year hold

• IRR: 1.8%
• Equity multiple: 1.11×
• Total profit: $4,257
• Equity at exit: $12,105

Cash invested: $39,200 (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 37115

• Rents YoY: -0.9%
• Active inventory: 330
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,152 high
• Mortgage (P&I): −$734
• Tax from tax record: −$98 /mo · $1,178/yr
• Insurance: −$58
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$452
• Net cashflow: $383

Break-even live

Break-even rent $1,667

Max offer price $140,000

Occupancy floor 77%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
510 Heritage Dr Madison, TN	1.0–3.0	1.0–2.5	1097	$1,588	$1.45	2d	17	0.45mi
409 Barbara Dr Madison, TN	3.0	2.5	1849	$3,000	$1.62	17d	1	0.50mi
255 Mayflower Ln N Madison, TN	3.0	2.5	1472	$1,795	$1.22	2d	1	0.67mi
1013 Chadwell Dr Madison, TN	3.0	2.0	1454	$2,325	$1.60	3d	1	0.68mi
857 Heritage Cir Madison, TN	3.0	1.5	1056	$1,900	$1.80	24d	1	0.77mi
266 Neelys Bend Rd Madison, TN	3.0	2.0	1668	$2,600	$1.56	17d	1	0.90mi
201 E Palestine Ave Madison, TN	1.0–3.0	1.0–2.0	1097	$1,281	$1.17	2d	8	0.91mi
118 Montague Way Madison, TN	2.0	2.0	1178	$2,500	$2.12	24d	1	0.96mi
1600 Nesbitt Ln Madison, TN	2.0	1.0–2.0	860	$1,545	$1.80	2d	35	0.99mi
531 Amquiwood Ct Madison, TN	2.0	2.0	1066	$2,200	$2.06	7d	1	1.04mi
724 Due West Ave N Madison, TN	2.0	2.0	1105	$1,650	$1.49	3d	1	1.12mi
96 Shields Ln Madison, TN	3.0	3.0	1613	$2,600	$1.61	16d	1	1.13mi
326B Mulberry TER Madison, TN	2.0	2.5	1569	$2,500	$1.59	24d	1	1.13mi
101 Rothwood Ct Madison, TN	3.0	2.0	1100	$2,300	$2.09	17d	1	1.19mi
500 Creative Way Unit 1051678P Madison, TN	2.0	2.5	1485	$4,785	$3.22	3d	1	1.34mi
926 Idlewild Dr Madison, TN	3.0	2.0	1500	$2,500	$1.67	21d	1	1.45mi
1019 N Graycroft Ave Madison, TN	3.0	1.0	1200	$1,800	$1.50	17d	1	1.49mi

Listing history 11 events

1. 2026-06-18
   days on market $140,000 Active 14 DOM
2. 2026-06-17
   days on market $140,000 Active 13 DOM
3. 2026-06-16
   days on market $140,000 Active 12 DOM
4. 2026-06-15
   days on market $140,000 Active 11 DOM
5. 2026-06-13
   days on market $140,000 Active 9 DOM
6. 2026-06-13
   days on market $140,000 Active 8 DOM
7. 2026-06-09
   days on market $140,000 Active 5 DOM
8. 2026-06-08
   days on market $140,000 Active 4 DOM
9. 2026-06-07
   days on market $140,000 Active 3 DOM
10. 2026-06-05
    remarks 679-char remark
11. 2026-06-05
    listed $140,000 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: $1,178 · $98/mo
• Projected year-2 tax: $1,178 · $98/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,827
• − Mortgage interest: −$7,842
• − Property taxes: −$1,178
• − Insurance: −$5,818
• − Repairs & maintenance: −$2,066
• − Management: −$2,066
• − Depreciation: −$4,073
• Taxable income: $2,783
• Est. tax owed @ 24.0%: −$668
• After-tax cash flow: $3,929/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: Davidson County
• NCES district ID: 4703180
• Math proficiency: 12% ▼ -17.00%
• Reading proficiency: 19% ▼ -7.00%
• Median HH income: $48,667
• Composite: 14.03/100
• National rank: #9472
• State rank: #126 of 139 in TN

Livability — Nashville-Davidson metropolitan government (balance)

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Nashville-Davidson metropolitan government (balance), TN
• County: Davidson County · 680,067 people
• City population: 677,595
• Metro: Nashville-Davidson--Murfreesboro--Franklin, TN
• Population (ZIP): 40,615
• Household income: $54,566
• Rent vs Own: 56.7% rent · 43.3% own
• Severe rent burden: 2759.0

Population outlook (Davidson County) Hauer SSP2

• Today (2025): 808,568 people
• By 2030: 874,489 · +8.2%
• By 2040: 1,009,046 · +24.8%
• By 2050: 1,147,294 · +41.9%
• By 2075: 1,475,439 · +82.5%
• By 2100: 1,714,101 · +112.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 37% Black 32% Hispanic / Latino 26% Two or more races 12% Asian 2%
• Hispanic origin (detail): Mexican 13% Cuban 2%
• Common ancestry: Serbian 1% Italian 1% Iranian 1%
• Foreign-born: 18% · Canada
• Languages at home: 74% English-only · Spanish 22% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Davidson

• 2024 margin: Strong D (+27.4) · D 62.7% · R 35.3% · Other 2.0%
• 2008→2024 swing: +6.5pp toward D · 2008: 21.0pp · 2024: 27.4pp
• All cycles: 2024: D+27.4 2020: D+32.1 2016: D+26.0 2012: D+18.7 2008: D+21.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -259.74%
• Current HPI: 341.9614
• Rent YoY: ▼ -0.94%
• Metro: Nashville-Davidson--Murfreesboro--Franklin, TN
• 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

-22.2% since first listed

49 events — show timeline

• 2026-06-04 Listed $140,000 REALTRACS as Distributed by MLS Grid
• 2026-05-10 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2026-03-20 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-03-20 Price Changed $167,977 REALTRACS as Distributed by MLS Grid
• 2026-03-16 Contingent — REALTRACS as Distributed by MLS Grid
• 2026-02-09 Listed $179,997 REALTRACS as Distributed by MLS Grid
• 2026-02-06 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2026-01-30 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-12-30 Contingent — REALTRACS as Distributed by MLS Grid
• 2025-11-24 Listed $179,997 REALTRACS as Distributed by MLS Grid
• 2025-11-23 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-11-21 Price Changed $179,997 REALTRACS as Distributed by MLS Grid
• 2025-10-06 Listed $199,997 REALTRACS as Distributed by MLS Grid
• 2025-09-05 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-08-08 Contingent — REALTRACS as Distributed by MLS Grid
• 2025-07-01 Price Changed $224,999 REALTRACS as Distributed by MLS Grid
• 2025-07-01 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-06-06 Contingent — REALTRACS as Distributed by MLS Grid
• 2025-05-16 Price Changed $234,997 REALTRACS as Distributed by MLS Grid
• 2025-04-24 Price Changed $249,979 REALTRACS as Distributed by MLS Grid
• 2025-03-27 Listed $259,997 REALTRACS as Distributed by MLS Grid
• 2024-12-04 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2024-11-05 Price Changed $284,997 REALTRACS as Distributed by MLS Grid
• 2024-10-10 Price Changed $289,997 REALTRACS as Distributed by MLS Grid
• 2024-08-23 Listed $299,997 REALTRACS as Distributed by MLS Grid
• 2024-05-30 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2024-05-07 Price Changed $299,999 REALTRACS as Distributed by MLS Grid
• 2024-04-01 Listed $314,997 REALTRACS as Distributed by MLS Grid
• 2024-02-26 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2023-12-14 Listed $319,997 REALTRACS as Distributed by MLS Grid
• 2021-08-10 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2021-07-30 Price Changed $219,999 REALTRACS as Distributed by MLS Grid
• 2021-07-28 Price Changed $224,999 REALTRACS as Distributed by MLS Grid
• 2021-07-15 Price Changed $225,999 REALTRACS as Distributed by MLS Grid
• 2021-07-09 Price Changed $226,999 REALTRACS as Distributed by MLS Grid
• 2021-07-01 Price Changed $227,999 REALTRACS as Distributed by MLS Grid
• 2021-06-28 Price Changed $228,999 REALTRACS as Distributed by MLS Grid
• 2021-06-24 Price Changed $229,999 REALTRACS as Distributed by MLS Grid
• 2021-06-18 Listed $234,988 REALTRACS as Distributed by MLS Grid
• 2021-06-14 Sold (Public Records) $189,900 Public Records
• 2021-06-03 Sold (Public Records) $160,000 Public Records
• 2021-06-03 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2021-05-28 Sold (MLS) $160,000 REALTRACS as Distributed by MLS Grid
• 2021-04-22 Contingent — REALTRACS as Distributed by MLS Grid
• 2021-04-22 Contingent — REALTRACS as Distributed by MLS Grid
• 2021-04-21 Listed $180,000 REALTRACS as Distributed by MLS Grid
• 2021-04-21 Listed $180,000 REALTRACS as Distributed by MLS Grid
• 2021-04-20 Coming Soon — REALTRACS as Distributed by MLS Grid
• 2021-04-20 Coming Soon $180,000 REALTRACS as Distributed by MLS Grid

Property tax history

-0.6%/yr

Latest (2025): $1,178 · +51.2% YoY. Source: county tax records.