64 Tanforan Dr · Lakeview, GA 30741

$205,000

3 bd · 1.0 ba · 1,124 sqft · SingleFamily public records · 46 Days on market

Built 1950 0.29 ac lot $182/sqft · at area comps Est $213k · at est.

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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 +12.1/30.0
• ARV discount +9.2/15.0
• Rent growth +4.4/5.0
• DSCR +3.6/10.0
• Livability +3.5/5.0
• Schools +3.3/10.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

Key facts

• 0.29 acre lot
• Built 1950
• Listed 46 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-46 ($-549/yr) — negative.
• To cash-flow at today's rent, offer at most $197k (3.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (25.7% below list).
• Recommended offer: $152k (25.7% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.9% in Lakeview — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 69/100 on livability (#106 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: schools F, amenities F, commute F.
• Catoosa County (suburban): math 36% / reading 41% proficiency, ranked #49 of 174 in GA (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.4%/yr); 430 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 848 units permitted in Catoosa County in 2024 (256 in 5+ unit buildings).
• This rent runs 31% of the median local income ($59k/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.
• Catoosa County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $27k; list at $205k implies a 666% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $152,292 (25.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.74% ✗
• Cap rate: 6.02%
• Cash-on-cash: -0.96%
• DSCR: 0.96
• GRM: 11.2

CMA / ARV

• ARV (median comp): $213,122
• List price: $205,000
• Delta: -3.81%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
64 Tanforan Dr	0.00mi	3/1.0	1,124 (0%)	1mo	$195,000	$173	99
12 Osceola Ave	0.36mi	3/1.0	1,128 (+0%)	5mo	$85,000	$75	79
1807 Prigmore Rd	0.31mi	3/2.0	1,154 (+3%)	11mo	$229,000	$198	68
5297 Spriggs St	0.42mi	3/1.5	1,128 (+0%)	13mo	$224,000	$199	67
2001 Mcbrien Rd	0.30mi	3/1.0	1,050 (-7%)	11mo	$225,000	$214	66
5304 Lazard St	0.33mi	2/1.0 (-1)	1,104 (-2%)	15mo	$212,000	$192	64
9 Corley Ave	0.44mi	3/1.5	1,092 (-3%)	12mo	$189,900	$174	63
5603 Clemons Rd	0.71mi	3/1.0	1,142 (+2%)	2mo	$180,000	$158	62
436 Page Rd	0.27mi	3/2.0	1,204 (+7%)	20mo	$235,000	$195	55
5422 Clemons Rd	0.60mi	2/1.0 (-1)	1,010 (-10%)	2mo	$185,000	$183	49
1611 Maxwell Rd	0.58mi	2/1.0 (-1)	1,182 (+5%)	14mo	$200,000	$169	47
4332 Esterbrook Dr	0.69mi	2/1.0 (-1)	1,056 (-6%)	13mo	$250,000	$237	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 · 7.44% rent growth · sell at horizon

5-year hold

• IRR: -13.6%
• Equity multiple: 0.49×
• Total profit: $-29,108
• Equity at exit: $30,566

10-year hold

• IRR: 0.5%
• Equity multiple: 1.04×
• Total profit: $2,542
• Equity at exit: $17,725

Cash invested: $57,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30741

• Home prices YoY: -30.7%
• Rents YoY: 7.4%
• Active inventory: 430
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,523 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$88 /mo · $1,061/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $-46

Break-even live

Break-even rent $1,581

Max offer price $196,911

Occupancy floor 98%

Sensitivity live

Price	-10% $70	-5% $12	+0% $-46	+5% $-104	+10% $-162
Rent	-10% $-166	-5% $-106	+0% $-46	+5% $14	+10% $75
Rate	-1.0pp $57	-0.5pp $6	base $-46	+0.5pp $-99	+1.0pp $-153

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
61 Corley Ave Rossville, GA	3.0	2.0	1304	$1,823	$1.40	24d	1	0.47mi
1302 Ridgefield Cir Chattanooga, TN	2.0	1.0	802	$1,199	$1.50	24d	1	0.62mi
1408 Mana Ln East Ridge, TN	2.0–3.0	1.5–2.5	1357	$1,659	$1.22	15d	3	0.71mi
1413 Mana Ln Chattanooga, TN	2.0	1.0	990	$1,200	$1.21	24d	1	0.76mi
5700 Roper St Chattanooga, TN	1.0–2.0	1.0–1.5	795	$1,120	$1.41	24d	1	0.81mi
5307 Marion Ave Chattanooga, TN	2.0	1.0	900	$1,150	$1.28	24d	1	0.91mi
1640 Keeble St East Ridge, TN	2.0	1.5	800	$1,095	$1.37	24d	1	0.97mi
1638 Keeble St Unit 1640 Chattanooga, TN	2.0	1.5	800	$1,095	$1.37	24d	1	0.98mi
34 Biscayne Blvd Rossville, GA	3.0	1.0	1100	$1,399	$1.27	15d	1	1.04mi
105 Biscayne Blvd Rossville, GA	2.0	2.0	1000	$1,650	$1.65	45d	1	1.06mi
1111 McBrien Rd Chattanooga, TN	4.0	2.0	1300	$1,499	$1.15	15d	1	1.13mi
1016 Greenslake Rd Chattanooga, TN	2.0	1.0	1250	$775	$0.62	15d	1	1.23mi
1502 Prater Rd Chattanooga, TN	4.0	1.5	1280	$2,340	$1.83	24d	1	1.33mi
10 Mary Ln Rossville, GA	3.0	1.5	1400	$1,700	$1.21	24d	1	1.41mi

Listing history 16 events

1. 2026-05-13
   status Active 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

2. 2026-05-13
   status Active 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

3. 2026-05-04
   historical Active Under Contract 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

4. 2026-05-04
   status Pending 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

5. 2026-04-24
   price $205,000 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

6. 2026-04-24
   price $205,000 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

7. 2026-04-07
   status Active 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

8. 2026-04-07
   status Active 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

9. 2026-04-06
   listed Active Under Contract 405-char remark

   Show marketing remark (405 chars)

   Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

10. 2026-02-19
    status Pending 405-char remark

    Show marketing remark (405 chars)

    Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

11. 2026-02-12
    price $210,000 405-char remark

    Show marketing remark (405 chars)

    Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

12. 2026-01-26
    price $217,500 405-char remark

    Show marketing remark (405 chars)

    Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

13. 2026-01-10
    listed $225,000 Active 405-char remark

    Show marketing remark (405 chars)

    Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

14. 2026-01-10
    listed $210,000 405-char remark

    Show marketing remark (405 chars)

    Welcome to 64 Tanforan ~ Move right into this completely updated home! Featuring a new roof, siding, deck, flooring, kitchen, appliances, new bathroom vanity and water heater. The interior has been totally freshly painted. You'll love the convenient location near the interstate and East Ridge, plus the large, level, mostly fenced-in back yard. Home warranty is offered if requested in offer, up to $450.

15. 2012-07-23
    soldstatus $26,750
16. 1995-03-27
    soldstatus $44,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $1,061 · $88/mo
• Projected year-2 tax: $1,886 · $157/mo
• Expected delta: +$825/yr (+$69/mo · 77.7%)

ⓘ 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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $18,275
• − Mortgage interest: −$11,483
• − Property taxes: −$1,061
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,462
• − Management: −$1,462
• − Depreciation: −$5,964
• Taxable loss: −$4,182
• Est. tax savings @ 24.0%: +$1,004
• After-tax cash flow: $454/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: Catoosa County
• NCES district ID: 1300930
• Math proficiency: 36% ▼ -15.00%
• Reading proficiency: 41% ▼ -8.00%
• Median HH income: $48,913
• Composite: 33.13/100
• National rank: #5558
• State rank: #49 of 174 in GA

Livability — Lakeview

• Score: 69/100
• State rank: #106
• US rank: #8207

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lakeview, GA
• County: Walker County · 48,831 people
• Metro: Chattanooga, TN-GA
• Population (ZIP): 30,041
• Household income: $58,834
• Rent vs Own: 32.3% rent · 67.7% own
• Severe rent burden: 834.0

Population outlook (Catoosa County) Hauer SSP2

• Today (2025): 70,112 people
• By 2030: 71,621 · +2.2%
• By 2040: 73,595 · +5.0%
• By 2050: 73,921 · +5.4%
• By 2075: 72,135 · +2.9%
• By 2100: 65,979 · -5.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Slovak 3% Iranian 2% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Catoosa

• 2024 margin: Solid R (+55.5) · D 22.0% · R 77.5%
• 2008→2024 swing: -5.7pp toward R · 2008: -49.8pp · 2024: -55.5pp
• All cycles: 2024: R+55.5 2020: R+56.0 2016: R+60.7 2012: R+52.8 2008: R+49.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.05%
• Current HPI: 267.0047
• Rent YoY: ▲ 7.44%
• Metro: Chattanooga, TN-GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+365.9% since first listed

16 events — show timeline

• 2026-05-13 Relisted — GCAR
• 2026-05-13 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-05-04 Contingent — REALTRACS as Distributed by MLS Grid
• 2026-05-04 Pending — GCAR
• 2026-04-24 Price Changed $205,000 REALTRACS as Distributed by MLS Grid
• 2026-04-24 Price Changed $205,000 GCAR
• 2026-04-07 Relisted — GCAR
• 2026-04-07 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-04-06 Listed — REALTRACS as Distributed by MLS Grid
• 2026-02-19 Pending — GCAR
• 2026-02-12 Price Changed $210,000 GCAR
• 2026-01-26 Price Changed $217,500 GCAR
• 2026-01-10 Listed $225,000 GCAR
• 2026-01-10 Listed $210,000 REALTRACS as Distributed by MLS Grid
• 2012-07-23 Sold (MLS) $26,750 GCAR
• 1995-03-27 Sold (Public Records) $44,000 Public Records

Property tax history

+4.9%/yr

Latest (2025): $1,061 · +13.9% YoY. Source: county tax records.