459 Wen Dell Ln SE · Wildwood Lake, TN 37323

$185,000

3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 90 Days on market

Built 1998 3.30 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).

• Cash flow +15.7/30.0
• ARV discount +7.5/15.0
• DSCR +4.8/10.0
• 1% rule +4.3/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Set on just under three and a half acres, this inviting three-bedroom, one-bathroom home offers a peaceful retreat surrounded by nature. A gently flowing creek winds through the backyard, creating a tranquil setting with the calming sound of water just steps from your door. The property also includes a spacious storage shed, providing ample room for tools, equipment, or hobbies. Inside and out, this home encourages you to slow down and enjoy the moment. Spend quiet mornings or rainy afternoons on the covered front porch, where the sound of rain on the metal roof adds to the home's charm, or unwind to the soft rhythm of the creek in the distance. With a comfortable layout and just the right amount of space, this property blends everyday functionality with the serenity of its natural surroundings. Whether you're searching for a full-time residence or a private getaway, this is a place where you can truly feel at home.

Key facts

• Covered front porch
• Gently flowing creek
• 3.3 acre lot

Tags

• GENTLY FLOWING CREEK
• SPACIOUS STORAGE SHED
• COVERED FRONT PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $185k.

Deal economics

• At list price, monthly cash flow is $82 ($981/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 $172k (6.9% below list).
• Recommended offer: $172k (6.9% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.6% in Wildwood Lake — 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 63/100 on livability (#189 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: employment C-, health & safety C-, amenities F.
• Bradley County (other): math 35% / reading 34% proficiency, ranked #33 of 139 in TN (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Waterville Community Elementary School (math 35% / reading 27%, grade F, #400 of 952 statewide, top 43%, 660 students, 0% FRL); Lake Forest Middle School (math 32% / reading 26%, grade F, #110 of 333 statewide, top 34%, 1,127 students, 0% FRL); Bradley Central High School (math 13% / reading 31%, grade F, #163 of 332 statewide, top 51%, 1,677 students, 0% FRL) — zoned schools average 0% FRL vs 46% district-wide (46 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 374 active listings in the ZIP; 768 units permitted in Bradley County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Bradley County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
• 4 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 $185k implies a 1094% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,180 (6.9% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.93% ✗
• Cap rate: 6.82%
• Cash-on-cash: 1.89%
• DSCR: 1.08
• GRM: 9.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -13.3%
• Equity multiple: 0.52×
• Total profit: $-24,747
• Equity at exit: $27,584

10-year hold

• IRR: -4.3%
• Equity multiple: 0.72×
• Total profit: $-14,741
• Equity at exit: $15,995

Cash invested: $51,800 (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 37323

• Home prices YoY: -23.5%
• Active inventory: 374
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,722 medium
• Mortgage (P&I): −$970
• Tax est. 1.5%: −$231 /mo · $2,775/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $82

Break-even live

Break-even rent $1,618

Max offer price $185,000

Occupancy floor 90%

Sensitivity live

Price	-10% $210	-5% $146	+0% $82	+5% $18	+10% $-46
Rent	-10% $-54	-5% $14	+0% $82	+5% $150	+10% $218
Rate	-1.0pp $175	-0.5pp $129	base $82	+0.5pp $34	+1.0pp $-15

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-18
   days on marketlisting id $185,000 Active 90 DOM
2. 2026-06-17
   days on market $185,000 Active 89 DOM
3. 2026-06-16
   days on market $185,000 Active 88 DOM
4. 2026-06-15
   days on market $185,000 Active 87 DOM
5. 2026-06-14
   days on market $185,000 Active 85 DOM
6. 2026-06-13
   days on market $185,000 Active 84 DOM
7. 2026-06-10
   days on market $185,000 Active 82 DOM
8. 2026-06-09
   days on market $185,000 Active 81 DOM
9. 2026-06-08
   days on market $185,000 Active 80 DOM
10. 2026-06-07
    days on market $185,000 Active 79 DOM
11. 2026-06-05
    days on market $185,000 Active 76 DOM
12. 2026-06-02
    days on market $185,000 Active 74 DOM
13. 2026-06-01
    days on market $185,000 Active 73 DOM
14. 2026-05-31
    days on market $185,000 Active 72 DOM
15. 2026-05-30
    days on market $185,000 Active 71 DOM
16. 2026-03-20
    listed $185,000 Active 932-char remark

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

17. 2026-03-20
    historical 980-char remark

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

18. 2026-03-20
    listed $185,000 Active

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

19. 2026-02-23
    status Active 980-char remark

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

20. 2026-01-26
    historical Active Under Contract 980-char remark

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

21. 2025-12-05
    price $190,000

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

22. 2025-12-05
    price $190,000 980-char remark

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

23. 2025-09-02
    listed $200,000 Active 980-char remark

    Show marketing remark (980 chars)

    Nestled on just under three and a half acres, this charming three-bedroom, one-bathroom home offers the perfect escape into nature. The property features a serene backyard creek that provides the soothing sound of flowing water right outside your door, creating an atmosphere of peace and relaxation. A spacious storage shed adds convenience and practicality, giving you plenty of room for tools, equipment, or hobbies. The home itself invites you to slow down and enjoy life's simple pleasures. Relax on the covered front porch and listen to the rain dance on the metal roof, or let the gentle babble of the creek in the distance wash away the stresses of the day. With just the right amount of space for a family, this home blends comfort and functionality with the beauty of its natural surroundings. Whether you are looking for a weekend retreat or a year-round residence, this property offers the unique opportunity to live close to nature without sacrificing convenience.

24. 1996-10-30
    soldstatus $15,500

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% 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: $20,662
• − Mortgage interest: −$10,363
• − Property taxes: −$2,775
• − Insurance: −$925
• − Repairs & maintenance: −$1,653
• − Management: −$1,653
• − Depreciation: −$5,382
• Taxable loss: −$2,089
• Est. tax savings @ 24.0%: +$501
• After-tax cash flow: $1,482/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: Bradley County
• NCES district ID: 4700330
• Math proficiency: 35% ▼ -5.00%
• Reading proficiency: 34% ▼ -2.00%
• Median HH income: $45,807
• Composite: 29.54/100
• National rank: #6494
• State rank: #33 of 139 in TN

Livability — Wildwood Lake

• Score: 63/100
• State rank: #189
• US rank: #15156

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wildwood Lake, TN
• County: Bradley County · 99,337 people
• Metro: Cleveland, TN
• Population (ZIP): 31,948
• Household income: $68,768
• Rent vs Own: 19.7% rent · 80.3% own
• Severe rent burden: 371.0

Population outlook (Bradley County) Hauer SSP2

• Today (2025): 114,901 people
• By 2030: 120,137 · +4.6%
• By 2040: 130,125 · +13.2%
• By 2050: 139,257 · +21.2%
• By 2075: 161,664 · +40.7%
• By 2100: 179,767 · +56.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 7% Two or more races 6% Black 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Lithuanian 2% Subsaharan African 2% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 5% Russian/Polish/Slavic 2%

Political lean MEDSL · Bradley

• 2024 margin: Solid R (+58.9) · D 20.0% · R 78.9% · Other 1.1%
• 2008→2024 swing: -9.2pp toward R · 2008: -49.7pp · 2024: -58.9pp
• All cycles: 2024: R+58.9 2020: R+55.3 2016: R+59.1 2012: R+53.9 2008: R+49.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.38%
• Current HPI: 287.3643
• Rent YoY: —
• Metro: Cleveland, 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

+1093.5% since first listed

9 events — show timeline

• 2026-03-20 Listed $185,000 REALTRACS as Distributed by MLS Grid
• 2026-03-20 Listed $185,000 GCAR
• 2026-03-20 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2026-02-23 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-01-26 Contingent — REALTRACS as Distributed by MLS Grid
• 2025-12-05 Price Changed $190,000 GCAR
• 2025-12-05 Price Changed $190,000 REALTRACS as Distributed by MLS Grid
• 2025-09-02 Listed $200,000 REALTRACS as Distributed by MLS Grid
• 1996-10-30 Sold (Public Records) $15,500 Public Records

Property tax history

-0.5%/yr

Latest (2025): $242 · +10.5% YoY. Source: county tax records.