207 S Lovell Ave · Chattanooga, TN 37411

$169,000

2 bd · 1.0 ba · 940 sqft · SingleFamily public records · 43 Days on market

Built 1940 8,276 sqft lot Est $203k · 17% 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 +16.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• Livability +3.9/5.0
• 1% rule +3.1/10.0
• Rent growth +2.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

Key facts

• Loft style room
• Treelined street
• Classic fireplace

Tags

• GREAT LOCATION
• TREELINED STREET
• LOFT STYLE ROOM
• CLASSIC FIREPLACE
• HARDWOOD FLOORS
• DECK

Property features AI

Finance

• Other: City lot with approximately 50 x 168 dimensions; Public maintained asphalt city street frontage; Subdivision: Hamilton Place
• Financial info: Tax amount available (not included per instructions)
• HOA & community: No community features

Exterior

• Parking: Asphalt driveway
• Security: Other security features
• Utilities: Public water; Public sewer; Electricity connected; Natural gas available; Cable connected; Phone available; Water connected; Sewer connected
• Home design: Single-family residence; One and one-half levels; House structure type
• Construction: Concrete, stucco and other construction materials; Block and brick/mortar foundation (see remarks); Asphalt roof; Built as a residential house
• Exterior features: Private yard; Storage; Deck; Side porch; Chain link and wire fencing

Interior

• Kitchen: Built-in electric oven; Other appliances
• Bedrooms: 5 total rooms (bedroom count not specified separately)
• Flooring: Carpet; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning; Has fireplace (living room)
• Interior features: Natural woodwork; See remarks
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $169k.

Deal economics

• At list price, monthly cash flow is $88 ($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 $137k (19.1% below list).
• Recommended offer: $137k (19.1% below list) — sets the bar for 1% rule.
• Cap rate 6.9% 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: Spring Creek Elementary (math 31% / reading 25%, grade F, #482 of 952 statewide, top 51%, 639 students, 0% FRL); Dalewood Middle School (math 7% / reading 7%, grade F, #278 of 333 statewide, top 85%, 258 students, 0% FRL); Brainerd High School (math 2% / reading 12%, grade F, #294 of 332 statewide, top 91%, 635 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 14% at this address vs 31% district-wide (-17 pts) — the specific schools serving this property underperform the Hamilton County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 129 active listings in the ZIP; 15 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 43 days — a 3% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 $16k; list at $169k implies a 956% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — 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 $136,789 (19.1% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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: 0.81% ✗
• Cap rate: 6.92%
• Cash-on-cash: 2.23%
• DSCR: 1.10
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $203,040
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
532 Wando Dr	0.48mi	2/1.0	870 (-7%)	7mo	$188,000	$216	59
5518 Miller Dr	0.72mi	2/1.0	931 (-1%)	11mo	$143,000	$154	55
514 Wando Dr	0.46mi	2/1.0	1,023 (+9%)	14mo	$239,000	$234	52
904 Sunny Dell Cir	0.56mi	3/1.0 (+1)	1,000 (+6%)	9mo	$215,000	$215	51
310 N St Marks Ave	0.61mi	2/1.0	883 (-6%)	14mo	$212,838	$241	50
200 Sequoia Dr	0.68mi	2/1.0	912 (-3%)	16mo	$214,000	$235	50
716 Astor Ln	0.66mi	3/1.0 (+1)	1,059 (+13%)	1mo	$225,000	$212	42

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: -15.0%
• Equity multiple: 0.47×
• Total profit: $-24,919
• Equity at exit: $25,198

10-year hold

• IRR: -10.2%
• Equity multiple: 0.43×
• Total profit: $-26,810
• Equity at exit: $14,612

Cash invested: $47,320 (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 37411

• Rents YoY: 0.7%
• Active inventory: 129
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,368 high
• Mortgage (P&I): −$886
• Tax from tax record: −$36 /mo · $431/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $88

Break-even live

Break-even rent $1,256

Max offer price $169,000

Occupancy floor 89%

Sensitivity live

Price	-10% $184	-5% $136	+0% $88	+5% $40	+10% $-8
Rent	-10% $-20	-5% $34	+0% $88	+5% $142	+10% $196
Rate	-1.0pp $173	-0.5pp $131	base $88	+0.5pp $44	+1.0pp $0

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
315 Mcbrien Rd Unit 2 Chattanooga, TN	2.0	2.0	1080	$1,850	$1.71	25d	1	0.26mi
100 Rees Ave Chattanooga, TN	2.0	1.0	995	$1,450	$1.46	25d	1	0.47mi
5307 Marion Ave Chattanooga, TN	2.0	1.0	900	$1,150	$1.28	25d	1	0.84mi
5019 Greenview Dr Chattanooga, TN	2.0	1.0	768	$1,200	$1.56	23d	1	0.97mi
700 N Moore Rd Chattanooga, TN	2.0	1.0	800	$1,399	$1.75	16d	1	0.99mi
506 Sequoia Dr Unit 506 Chattanooga, TN	3.0	2.0	945	$1,400	$1.48	25d	1	1.03mi
3725 Fountain Ave Chattanooga, TN	2.0–3.0	1.0–2.0	1110	$1,175	$1.06	16d	4	1.17mi
3720 Fountain Ave Chattanooga, TN	2.0	1.0	764	$1,100	$1.44	25d	1	1.20mi
3634 Monte Vista Dr Unit 3634 Chattanooga, TN	1.0	1.0	728	$995	$1.37	16d	1	1.24mi
3621 Monte Vista Dr Chattanooga, TN	2.0	1.0	725	$1,200	$1.66	25d	1	1.27mi
1010 N Larchmont Dr Unit B Chattanooga, TN	2.0	1.0	900	$1,200	$1.33	16d	1	1.33mi
4278 Spriggs St Unit 1 Chattanooga, TN	1.0	1.0	750	$795	$1.06	25d	1	1.40mi
708 Henderson Dr Chattanooga, TN	3.0	1.0	1100	$1,250	$1.14	16d	1	1.40mi
400 Alice Dr Unit A Chattanooga, TN	1.0	1.0	700	$999	$1.43	16d	1	1.46mi
406 Alice Dr Unit A Chattanooga, TN	1.0	1.0	900	$999	$1.11	25d	1	1.49mi

Listing history 26 events

1. 2026-06-22
   days on market $169,000 Active 43 DOM
2. 2026-06-18
   days on market $169,000 Active 40 DOM
3. 2026-06-17
   days on market $169,000 Active 39 DOM
4. 2026-06-16
   days on market $169,000 Active 38 DOM
5. 2026-06-15
   days on market $169,000 Active 37 DOM
6. 2026-06-14
   days on market $169,000 Active 35 DOM
7. 2026-06-10
   days on market $169,000 Active 32 DOM
8. 2026-06-09
   days on market $169,000 Active 31 DOM
9. 2026-06-08
   days on market $169,000 Active 30 DOM
10. 2026-06-07
    days on market $169,000 Active 29 DOM
11. 2026-06-05
    days on market $169,000 Active 26 DOM
12. 2026-06-03
    days on market $169,000 Active 25 DOM
13. 2026-06-02
    days on market $169,000 Active 24 DOM
14. 2026-06-01
    days on market $169,000 Active 23 DOM
15. 2026-05-31
    days on market $169,000 Active 22 DOM
16. 2026-05-30
    days on market $169,000 Active 21 DOM
17. 2026-03-02
    listed $169,000 Active
18. 2025-12-02
    historical 487-char remark

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

19. 2025-10-01
    status Active 487-char remark

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

20. 2025-10-01
    historical 487-char remark

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

21. 2025-05-28
    price $169,000

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

22. 2025-05-28
    price $169,000 487-char remark

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

23. 2025-05-28
    price $149,000

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

24. 2025-05-28
    price $149,000 487-char remark

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

25. 2025-04-03
    listed $169,000 Active 487-char remark

    Show marketing remark (487 chars)

    Great location and tucked away on treelined street. Character and charm best describe this home. Loft style room has not been added to the living area, this provides a great storage area. The home has a classic fireplace in the living room and hardwood floors. The home has a deck in the back of the home and deep lot to enjoy the shade. The home shows some uneven floors and some stucco cracks. This will require some repairs and the home has been priced according to current condition.

26. 1998-04-13
    soldstatus $16,000

ⓘ 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: $431 · $36/mo
• Projected year-2 tax: $1,200 · $100/mo
• Expected delta: +$769/yr (+$64/mo · 178.5%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°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: $16,415
• − Mortgage interest: −$9,467
• − Property taxes: −$431
• − Insurance: −$845
• − Repairs & maintenance: −$1,313
• − Management: −$1,313
• − Depreciation: −$4,916
• Taxable loss: −$1,870
• Est. tax savings @ 24.0%: +$449
• After-tax cash flow: $1,506/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
• County: Hamilton County · 312,777 people
• City population: 131,999
• Metro: Chattanooga, TN-GA
• Population (ZIP): 18,997
• Household income: $56,579
• Rent vs Own: 38.9% rent · 61.1% own
• Severe rent burden: 685.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Black 48% White 37% Hispanic / Latino 8% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Italian 2% Slovak 2% Romanian 1%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 6% Arabic 0%

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: ▼ -190.85%
• Current HPI: 240.2557
• Rent YoY: ▲ 0.73%
• 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

+956.2% since first listed

10 events — show timeline

• 2026-03-02 Listed $169,000 GCAR
• 2025-12-02 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-10-01 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-10-01 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-05-28 Price Changed $169,000 GCAR
• 2025-05-28 Price Changed $169,000 REALTRACS as Distributed by MLS Grid
• 2025-05-28 Price Changed $149,000 GCAR
• 2025-05-28 Price Changed $149,000 REALTRACS as Distributed by MLS Grid
• 2025-04-03 Listed $169,000 REALTRACS as Distributed by MLS Grid
• 1998-04-13 Sold (Public Records) $16,000 Public Records

Property tax history

+1.8%/yr

Latest (2025): $431 · -3.6% YoY. Source: county tax records.