310 Daytona Dr · Cornersville, TN 37047

$260,000

3 bd · 3.0 ba · 1,325 sqft · SingleFamily public records · 90 Days on market

Built 2007 10,454 sqft lot $196/sqft · 10% below area Est $289k · 10% under

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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).

• ARV discount +12.0/15.0
• Cash flow +8.0/30.0
• Appreciation +5.5/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• 1% rule +1.3/10.0

Listing remarks MLS

Welcome to peaceful living at 310 Daytona Dr in Cornersville! This charming one-level home offers over 1,300 square feet of comfortable living space on a manageable 0.24-acre lot. With a functional layout and inviting feel, this home is perfect for everyday living and easy maintenance. The spacious living area flows seamlessly into the master suite. Inside, you’ll find a mix of hardwood and laminate flooring, along with well-sized bedrooms that provide flexibility for guests, a home office, or additional living needs. The home includes 2 baths and practical features throughout. Step outside to enjoy a yard that offers just the right amount of space for outdoor activities, pets, or gardening—without the upkeep of a larger property. A carport provides covered parking and added convenience, the shed also stays. Conveniently located with easy access to I-65, this home combines small-town charm with commuter-friendly access. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property is full of potential. Don’t miss your chance to make it yours!

Key facts

• One level home
• Manageable lot
• Covered parking

Tags

• ONE LEVEL HOME
• HARDWOOD AND LAMINATE FLOORING
• SPACIOUS LIVING AREA
• MANAGEABLE LOT
• COVERED PARKING
• OUTDOOR ACTIVITIES

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-270 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $212k (18.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (36.5% below list).
• Recommended offer: $165k (36.5% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 4.1% in Cornersville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 65/100 on livability (#152 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, employment D+, amenities F.
• Marshall County (rural): math 31% / reading 29% proficiency, ranked #58 of 139 in TN (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cornersville Elementary (math 35% / reading 34%, grade F, #319 of 952 statewide, top 37%, 468 students, 0% FRL); Cornersville School (math 21% / reading 32%, grade F, #112 of 332 statewide, top 35%, 442 students, 0% FRL) — zoned schools average 0% FRL vs 48% district-wide (48 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 44 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 400 units permitted in Marshall County in 2024 (75 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($2k loan paydown + $3k appreciation (1.0% local appreciation)).
• Marshall County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 7, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($244k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $109k; list at $260k implies a 139% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $165,000 (36.5% 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 90 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-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: 0.63% ✗
• Cap rate: 5.05%
• Cash-on-cash: -4.45%
• DSCR: 0.80
• GRM: 13.1

CMA / ARV

• ARV (median comp): $289,220
• List price: $260,000
• Delta: -10.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
300 Daytona Dr	0.02mi	3/2.0	1,400 (+6%)	2mo	$275,000	$196	84
315 Daytona Dr	0.04mi	3/2.0	1,440 (+9%)	2mo	$267,000	$185	78
121 Talladega Way	0.17mi	3/2.0	1,400 (+6%)	2mo	$299,900	$214	78
430 Daytona Dr	0.09mi	3/2.0	1,489 (+12%)	6mo	$269,000	$181	66
212 Ostella Rd	0.44mi	3/2.0	1,230 (-7%)	1mo	$259,000	$211	63
101 Bulldawg Trl	0.35mi	3/2.0	1,500 (+13%)	2mo	$285,000	$190	56
3005 Pulaski Hwy	0.48mi	2/2.0 (-1)	1,440 (+9%)	4mo	$375,000	$260	50
102 Bulldawg Trl	0.32mi	3/2.0	1,500 (+13%)	11mo	$325,000	$217	50
1900 Harwell Ln	0.55mi	3/2.0	1,434 (+8%)	9mo	$300,000	$209	49
2781 Mcconnell Rd	0.74mi	2/2.0 (-1)	1,380 (+4%)	2mo	$292,000	$212	48
2733 Mcconnell Rd	0.73mi	3/2.0	1,400 (+6%)	7mo	$319,000	$228	47
2757 Mcconnell Rd	0.70mi	3/2.0	1,510 (+14%)	10mo	$299,900	$199	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.03% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.3%
• Equity multiple: 0.83×
• Total profit: $-12,092
• Equity at exit: $89,146

10-year hold

• IRR: 1.8%
• Equity multiple: 1.22×
• Total profit: $16,132
• Equity at exit: $118,766

Cash invested: $72,800 (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 37047

• Home prices YoY: 0.3%
• Active inventory: 44
• Price-to-rent: 13.1×

Monthly cashflow live

• Estimated rent: $1,650 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$102 /mo · $1,222/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $-270

Break-even live

Break-even rent $1,992

Max offer price $212,280

Occupancy floor —

Sensitivity live

Price	-10% $-123	-5% $-197	+0% $-270	+5% $-344	+10% $-417
Rent	-10% $-400	-5% $-335	+0% $-270	+5% $-205	+10% $-140
Rate	-1.0pp $-139	-0.5pp $-204	base $-270	+0.5pp $-338	+1.0pp $-406

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
207 N Mulberry St Cornersville, TN	3.0	2.0	1626	$1,650	$1.01	14d	1	1.26mi

Listing history 20 events

1. 2026-06-21
   days on market $260,000 Active 90 DOM
2. 2026-06-18
   days on market $260,000 Active 87 DOM
3. 2026-06-17
   days on market $260,000 Active 86 DOM
4. 2026-06-16
   days on market $260,000 Active 85 DOM
5. 2026-06-15
   days on market $260,000 Active 84 DOM
6. 2026-06-13
   days on market $260,000 Active 82 DOM
7. 2026-06-09
   days on market $260,000 Active 78 DOM
8. 2026-06-08
   days on market $260,000 Active 77 DOM
9. 2026-06-07
   days on market $260,000 Active 76 DOM
10. 2026-06-03
    days on market $260,000 Active 72 DOM
11. 2026-06-02
    days on market $260,000 Active 71 DOM
12. 2026-06-01
    days on market $260,000 Active 70 DOM
13. 2026-05-31
    days on market $260,000 Active 69 DOM
14. 2026-05-04
    price $260,000 1127-char remark

    Show marketing remark (1127 chars)

    Welcome to peaceful living at 310 Daytona Dr in Cornersville! This charming one-level home offers over 1,300 square feet of comfortable living space on a manageable 0.24-acre lot. With a functional layout and inviting feel, this home is perfect for everyday living and easy maintenance. The spacious living area flows seamlessly into the master suite. Inside, you’ll find a mix of hardwood and laminate flooring, along with well-sized bedrooms that provide flexibility for guests, a home office, or additional living needs. The home includes 2 baths and practical features throughout. Step outside to enjoy a yard that offers just the right amount of space for outdoor activities, pets, or gardening—without the upkeep of a larger property. A carport provides covered parking and added convenience, the shed also stays. Conveniently located with easy access to I-65, this home combines small-town charm with commuter-friendly access. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property is full of potential. Don’t miss your chance to make it yours!

15. 2026-04-01
    price $274,999 1127-char remark

    Show marketing remark (1127 chars)

    Welcome to peaceful living at 310 Daytona Dr in Cornersville! This charming one-level home offers over 1,300 square feet of comfortable living space on a manageable 0.24-acre lot. With a functional layout and inviting feel, this home is perfect for everyday living and easy maintenance. The spacious living area flows seamlessly into the master suite. Inside, you’ll find a mix of hardwood and laminate flooring, along with well-sized bedrooms that provide flexibility for guests, a home office, or additional living needs. The home includes 2 baths and practical features throughout. Step outside to enjoy a yard that offers just the right amount of space for outdoor activities, pets, or gardening—without the upkeep of a larger property. A carport provides covered parking and added convenience, the shed also stays. Conveniently located with easy access to I-65, this home combines small-town charm with commuter-friendly access. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property is full of potential. Don’t miss your chance to make it yours!

16. 2026-03-23
    listed $279,999 Active 1127-char remark

    Show marketing remark (1127 chars)

    Welcome to peaceful living at 310 Daytona Dr in Cornersville! This charming one-level home offers over 1,300 square feet of comfortable living space on a manageable 0.24-acre lot. With a functional layout and inviting feel, this home is perfect for everyday living and easy maintenance. The spacious living area flows seamlessly into the master suite. Inside, you’ll find a mix of hardwood and laminate flooring, along with well-sized bedrooms that provide flexibility for guests, a home office, or additional living needs. The home includes 2 baths and practical features throughout. Step outside to enjoy a yard that offers just the right amount of space for outdoor activities, pets, or gardening—without the upkeep of a larger property. A carport provides covered parking and added convenience, the shed also stays. Conveniently located with easy access to I-65, this home combines small-town charm with commuter-friendly access. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property is full of potential. Don’t miss your chance to make it yours!

17. 2016-08-01
    soldstatus $108,750
18. 2016-07-29
    soldstatus $108,750 Closed 138-char remark

    Show marketing remark (138 chars)

    Well layed out split floor plan. Vaulted ceiling in living room. Convenient to I-65. Some hardwood. Concrete patio. Call now for showing!

19. 2016-07-22
    status Pending 138-char remark

    Show marketing remark (138 chars)

    Well layed out split floor plan. Vaulted ceiling in living room. Convenient to I-65. Some hardwood. Concrete patio. Call now for showing!

20. 2016-07-19
    listed $115,000 Active 138-char remark

    Show marketing remark (138 chars)

    Well layed out split floor plan. Vaulted ceiling in living room. Convenient to I-65. Some hardwood. Concrete patio. Call now for showing!

ⓘ 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: $1,222 · $102/mo
• Projected year-2 tax: $1,846 · $154/mo
• Expected delta: +$624/yr (+$52/mo · 51.1%)

ⓘ 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 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,800
• − Mortgage interest: −$14,564
• − Property taxes: −$1,222
• − Insurance: −$1,300
• − Repairs & maintenance: −$1,584
• − Management: −$1,584
• − Depreciation: −$7,564
• Taxable loss: −$8,018
• Est. tax savings @ 24.0%: +$1,924
• After-tax cash flow: $-1,317/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: Marshall County
• NCES district ID: 4702670
• Math proficiency: 31% ▼ -9.00%
• Reading proficiency: 29% ▼ -5.00%
• Median HH income: $43,058
• Composite: 25.56/100
• National rank: #7426
• State rank: #58 of 139 in TN

Livability — Cornersville

• Score: 65/100
• State rank: #152
• US rank: #13391

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cornersville, TN
• Population (ZIP): 2,685

Population outlook (Marshall County) Hauer SSP2

• Today (2025): 33,222 people
• By 2030: 33,867 · +1.9%
• By 2040: 34,743 · +4.6%
• By 2050: 34,954 · +5.2%
• By 2075: 34,652 · +4.3%
• By 2100: 31,862 · -4.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Two or more races 18% Black 3% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Iranian 2% Polish 1%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 3% German/W. Germanic 1%

Political lean MEDSL · Marshall

• 2024 margin: Solid R (+56.6) · D 21.2% · R 77.8%
• 2008→2024 swing: -17.0pp toward R · 2008: -39.6pp · 2024: -56.6pp
• All cycles: 2024: R+56.6 2020: R+50.0 2016: R+46.6 2012: R+28.9 2008: R+39.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.03%
• Current HPI: 366.0155
• Rent YoY: —
• Metro: —
• 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

+126.1% since first listed

7 events — show timeline

• 2026-05-04 Price Changed $260,000 REALTRACS as Distributed by MLS Grid
• 2026-04-01 Price Changed $274,999 REALTRACS as Distributed by MLS Grid
• 2026-03-23 Listed $279,999 REALTRACS as Distributed by MLS Grid
• 2016-08-01 Sold (Public Records) $108,750 Public Records
• 2016-07-29 Sold (MLS) $108,750 REALTRACS as Distributed by MLS Grid
• 2016-07-22 Pending — REALTRACS as Distributed by MLS Grid
• 2016-07-19 Listed $115,000 REALTRACS as Distributed by MLS Grid

Property tax history

+1.9%/yr

Latest (2025): $1,222 · +5.5% YoY. Source: county tax records.