356 Browns Ferry Rd · Chattanooga, TN 37419

$339,000

4 bd · 2.0 ba · 1,652 sqft · SingleFamily public records · 9 Days on market

Built 1988 0.25 ac lot Est $306k · 11% over

---

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 +14.8/30.0
• DSCR +4.5/10.0
• Livability +3.9/5.0
• 1% rule +2.8/10.0
• Schools +2.7/10.0
• ARV discount +2.6/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This duplex offers exceptional flexibility for both investors and owner-occupants. Live in one unit while generating rental income from the other, or maximize your investment by renting both units. Each unit features 2 spacious bedrooms, 1 full bathroom, a large living room, an eat-in kitchen, a separate laundry room, and both front and back porches. Recent updates include fresh interior paint, resurfaced and repainted cabinets, brand-new appliances, and bathroom improvements. With both units currently vacant, the new owner has the opportunity to establish market rents immediately or move in without waiting for existing leases to expire. Whether you're looking to build wealth through real e

Key facts

• Recent updates
• Large living room
• Eat-in kitchen

Tags

• DUPLEX
• LARGE LIVING ROOM
• EAT-IN KITCHEN
• SEPARATE LAUNDRY ROOM
• FRONT AND BACK PORCHES
• RECENT UPDATES

Property features AI

Finance

• Other: Property includes additional parcel (Lt 2 Orville Payne Sub on Browns Ferry Rd)

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Cable connected
• Home design: Duplex; One story; Updated/remodeled
• Construction: Brick, HardiPlank type, and vinyl siding exterior; Shingle roof; Brick/mortar foundation; Built as residential income duplex
• Exterior features: Covered patio/porch; Deck; Patio; Cleared, level lot; City street frontage

Interior

• Kitchen: Free-standing refrigerator; Free-standing range; Dishwasher
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fans; Electric cooling
• Interior features: Eat-in kitchen; Double pane windows; Crawl space basement
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $339k.

Deal economics

• At list price, monthly cash flow is $30 ($356/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 $264k (22.1% below list).
• Recommended offer: $264k (22.1% below list) — sets the bar for 1% rule.
• Cap rate 6.6% 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: Lookout Mountain Elementary (math 87% / reading 77%, grade A+, #6 of 952 statewide, top 1%, 224 students, 0% FRL); Lookout Valley Middle / High School (math 8% / reading 22%, grade F, #237 of 332 statewide, top 75%, 318 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 48% at this address vs 31% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Hamilton County average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 163 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $2k of loan paydown is wiped out by about $10k 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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $130k; list at $339k implies a 161% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 8→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $264,088 (22.1% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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?
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: 0.78% ✗
• Cap rate: 6.63%
• Cash-on-cash: 1.22%
• DSCR: 1.05
• GRM: 10.7

CMA / ARV

• ARV (on-the-fly): $305,620
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
350 Isbill Rd	0.66mi	3/2.0 (-1)	1,672 (+1%)	1mo	$325,000	$194	61
361 David St	0.20mi	4/2.0	1,408 (-15%)	24mo	$278,500	$198	46
3316 Mountain View Dr	0.54mi	3/2.0 (-1)	1,455 (-12%)	5mo	$269,900	$185	46
334 Warren Dr	0.52mi	4/3.0	1,862 (+13%)	13mo	$298,500	$160	40
116 Centro St	0.75mi	3/1.5 (-1)	1,613 (-2%)	18mo	$190,000	$118	39
3302 Center St	0.74mi	3/1.0 (-1)	1,792 (+8%)	12mo	$224,000	$125	32

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.44×
• Total profit: $-53,180
• Equity at exit: $50,546

10-year hold

• IRR: -7.4%
• Equity multiple: 0.53×
• Total profit: $-44,428
• Equity at exit: $29,311

Cash invested: $94,920 (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 37419

• Home prices YoY: -28.9%
• Active inventory: 163
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $2,641 medium
• Mortgage (P&I): −$1,778
• Tax from tax record: −$71 /mo · $854/yr
• Insurance: −$141
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$555
• Net cashflow: $30

Break-even live

Break-even rent $2,603

Max offer price $339,000

Occupancy floor 94%

Sensitivity live

Price	-10% $222	-5% $126	+0% $30	+5% $-66	+10% $-162
Rent	-10% $-179	-5% $-75	+0% $30	+5% $134	+10% $238
Rate	-1.0pp $200	-0.5pp $116	base $30	+0.5pp $-58	+1.0pp $-148

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: $84,750
• Closing costs: $10,170
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3384 Willow Lake Cir Chattanooga, TN	3.0	2.0	1868	$3,000	$1.61	14d	1	0.17mi
3217 Plaza Cir Chattanooga, TN	3.0	2.0	1667	$1,923	$1.15	14d	1	0.50mi
3830 Kellys Ferry Rd Chattanooga, TN	3.0	1.5	1320	$1,995	$1.51	14d	1	1.28mi

Listing history 22 events

1. 2026-06-18
   days on market $339,000 Active 9 DOM
2. 2026-06-17
   days on market $339,000 Active 8 DOM
3. 2026-06-16
   days on market $339,000 Active 7 DOM
4. 2026-06-15
   days on market $339,000 Active 6 DOM
5. 2026-06-14
   days on market $339,000 Active 4 DOM
6. 2026-06-10
   remarks 699-char remark
7. 2026-06-10
   pricedays on marketlisting id $339,000 Active 1 DOM
8. 2026-06-09
   days on market $479,900 Active 110 DOM
9. 2026-06-08
   days on market $479,900 Active 109 DOM
10. 2026-06-07
    days on market $479,900 Active 108 DOM
11. 2026-06-05
    days on market $479,900 Active 105 DOM
12. 2026-06-03
    days on market $479,900 Active 104 DOM
13. 2026-06-02
    days on market $479,900 Active 103 DOM
14. 2026-06-01
    days on market $479,900 Active 102 DOM
15. 2026-05-31
    days on market $479,900 Active 101 DOM
16. 2026-05-30
    days on market $479,900 Active 100 DOM
17. 2026-05-16
    price $479,900
18. 2026-04-02
    price $499,900
19. 2026-02-19
    listed $525,000 Active
20. 2026-01-20
    historical $525,000
21. 2015-06-03
    soldstatus $130,000
22. 2006-03-07
    soldstatus $125,000

ⓘ 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: $854 · $71/mo
• Projected year-2 tax: $2,407 · $201/mo
• Expected delta: +$1,553/yr (+$129/mo · 181.8%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 8 d/yr ≥105°F today · 22 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: $31,691
• − Mortgage interest: −$18,989
• − Property taxes: −$854
• − Insurance: −$2,492
• − Repairs & maintenance: −$2,535
• − Management: −$2,535
• − Depreciation: −$9,862
• Taxable loss: −$5,578
• Est. tax savings @ 24.0%: +$1,339
• After-tax cash flow: $1,695/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
• City population: 131,999
• Population (ZIP): 6,288

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: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 6% Asian 5% Black 2%
• Common ancestry: Slovak 5% Serbian 3% Iranian 2%
• Foreign-born: 5% · China, Vietnam, South Korea
• Languages at home: 95% English-only · Vietnamese 2% Other Asian/Pacific 1% Other Indo-European 1%

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: ▼ -105.36%
• Current HPI: 258.6585
• 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

+283.9% since first listed

6 events — show timeline

• 2026-05-16 Price Changed $479,900 GCAR
• 2026-04-02 Price Changed $499,900 GCAR
• 2026-02-19 Listed $525,000 GCAR
• 2026-01-20 Coming Soon $525,000 GCAR
• 2015-06-03 Sold (Public Records) $130,000 Public Records
• 2006-03-07 Sold (Public Records) $125,000 Public Records

Property tax history

-1.8%/yr

Latest (2025): $854 · -4.9% YoY. Source: county tax records.