1417 Coolidge Rd · Lafayette, TN 37083

$262,500

3 bd · 1.0 ba · 480 sqft · SingleFamily public records · 27 Days on market

Built 2025 1.30 ac lot

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Why this score? — see what drove the F 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +3.6/30.0
• Livability +3.4/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

INVESTMENT OPPERTUNITY 2 HOMES 1 small house 1 bedroom and 1 bath plus a single wide 2 bedroom 1 bath-recent upgrades -sitting on 1.4 acres -private but close to town

Key facts

• 1.3 acre lot
• Built 2025
• Listed 26 days

Property features AI

Exterior

• Parking: No covered or designated parking spaces listed
• Utilities: Public water available; Septic tank; Electric service available
• Home design: Manufactured on land (residential); Single-story
• Construction: Vinyl siding exterior; Block foundation; Existing year built (not specified)
• Exterior features: 1.3-acre lot

Interior

• Kitchen: Electric oven; Range; Dishwasher; Microwave; Refrigerator
• Bedrooms: Three bedrooms (all on the main level)
• Flooring: Laminate
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air (electric)
• Interior features: Crawl space basement; Laminate flooring

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $262k.

Deal economics

• At list price, monthly cash flow is $-784 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $149k (43.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $130k (50.3% below list).
• Recommended offer: $130k (50.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#80 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A-; Watch: amenities F, commute F, employment F.
• Macon County (rural): math 34% / reading 29% proficiency, ranked #53 of 139 in TN (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Fairlane Elementary (532 students, 0% FRL); Macon County High School (math 21% / reading 32%, grade F, #112 of 332 statewide, top 35%, 967 students, 0% FRL) — zoned schools average 0% FRL vs 53% district-wide (53 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 175 active listings in the ZIP; 181 units permitted in Macon County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
• Macon County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($259k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 13y 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.
• Current owner paid $28k; list at $262k implies a 855% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $130,433 (50.3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.50% ✗
• Cap rate: 2.71%
• Cash-on-cash: -12.79%
• DSCR: 0.43
• GRM: 16.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.4%
• Equity multiple: 2.27×
• Total profit: $93,073
• Equity at exit: $236,481

10-year hold

• IRR: 15.0%
• Equity multiple: 5.26×
• Total profit: $313,373
• Equity at exit: $509,980

Cash invested: $73,500 (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 37083

• Home prices YoY: 8.8%
• Active inventory: 175
• Price-to-rent: 16.8×

Monthly cashflow live

• Estimated rent: $1,304 medium
• Mortgage (P&I): −$1,377
• Tax est. 1.5%: −$328 /mo · $3,938/yr
• Insurance: −$109
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $-784

Break-even live

Break-even rent $2,296

Max offer price $149,103

Occupancy floor —

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: $65,625
• Closing costs: $7,875
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-03
   days on market $262,500 Active 27 DOM
2. 2026-06-02
   days on market $262,500 Active 26 DOM
3. 2026-06-01
   remarks 110-char remark
4. 2026-06-01
   listed $262,500 Active 25 DOM

ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,652
• − Mortgage interest: −$14,704
• − Property taxes: −$3,938
• − Insurance: −$1,312
• − Repairs & maintenance: −$1,252
• − Management: −$1,252
• − Depreciation: −$7,636
• Taxable loss: −$14,443
• Est. tax savings @ 24.0%: +$3,466
• After-tax cash flow: $-5,938/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: Macon County
• NCES district ID: 4702550
• Math proficiency: 34% ▼ -4.00%
• Reading proficiency: 29% ▼ -3.00%
• Median HH income: $34,280
• Composite: 25.97/100
• National rank: #7329
• State rank: #53 of 139 in TN

Livability — Lafayette

• Score: 68/100
• State rank: #80
• US rank: #9247

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 16,887

Population outlook (Macon County) Hauer SSP2

• Today (2025): 24,618 people
• By 2030: 25,337 · +2.9%
• By 2040: 26,739 · +8.6%
• By 2050: 27,822 · +13.0%
• By 2075: 30,614 · +24.4%
• By 2100: 31,851 · +29.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 9% Two or more races 7%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 1% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Macon

• 2024 margin: Solid R (+74.3) · D 12.4% · R 86.7%
• 2008→2024 swing: -54.8pp toward R · 2008: -19.6pp · 2024: -74.3pp
• All cycles: 2024: R+74.3 2020: R+71.6 2016: R+69.3 2012: R+53.7 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 31.33%
• Current HPI: 388.8726
• 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

+872.2% since first listed

20 events — show timeline

• 2026-06-01 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-04-09 Listed $262,500 REALTRACS as Distributed by MLS Grid
• 2026-04-07 Coming Soon $262,500 REALTRACS as Distributed by MLS Grid
• 2025-04-03 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-04-03 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-03-06 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-03-06 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-03-01 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-03-01 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-01-20 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-01-20 Relisted — REALTRACS as Distributed by MLS Grid
• 2025-01-10 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-01-10 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2024-10-14 Listed $149,900 REALTRACS as Distributed by MLS Grid
• 2024-10-14 Listed $149,900 REALTRACS as Distributed by MLS Grid
• 2013-08-21 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2013-08-21 Sold (MLS) $27,500 REALTRACS as Distributed by MLS Grid
• 2013-08-21 Sold (MLS) $27,500 REALTRACS as Distributed by MLS Grid
• 2013-06-19 Listed $38,900 REALTRACS as Distributed by MLS Grid
• 1999-08-20 Sold (Public Records) $27,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $351 · +0.0% YoY. Source: county tax records.