25 Myers Loop Rd · Pikeville, TN 37367

$159,000

3 bd · 2.0 ba · 1,040 sqft · Manufactured · 109 Days on market

Built 2009 Poor condition 2.03 ac lot

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Why this score? — see what drove the B+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Schools +1.9/10.0
• Condition / age +1.0/5.0

Listing remarks MLS

Time to escape the city life into that charming country living that you have always wanted. Here is your opportunity to live out your country dreams in this recently renovated home! Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

Key facts

• Power pole ready
• New metal siding
• 20 by 20 carport

Tags

• 2 ACRES OF LAND
• SEPARATE SEPTIC SYSTEM
• POWER POLE READY
• BRAND NEW METAL ROOF
• NEW METAL SIDING
• 20 BY 20 CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $159k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $835 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $145k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.6% vs local median 4.8% in Pikeville — 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 59/100 on livability (#296 in TN) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A, housing B+; Watch: health & safety C-, schools F, amenities F.
• Bledsoe County (rural): math 19% / reading 27% proficiency, ranked #104 of 139 in TN (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 155 active listings in the ZIP.
• At $2,448/mo this rent would consume 54% of the median local household income ($55k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Bledsoe County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $40k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $144,690 (9.0% below list)

Questions for the listing agent

1. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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 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. 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: 1.54% ✓
• Cap rate: 12.60%
• Cash-on-cash: 22.51%
• DSCR: 2.00
• GRM: 5.4

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: 41.2%
• Equity multiple: 4.14×
• Total profit: $139,819
• Equity at exit: $143,240

10-year hold

• IRR: 35.5%
• Equity multiple: 9.31×
• Total profit: $369,993
• Equity at exit: $308,902

Cash invested: $44,520 (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 37367

• Home prices YoY: 34.5%
• Active inventory: 155
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,448 medium
• Mortgage (P&I): −$834
• Tax est. 1.5%: −$199 /mo · $2,385/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$514
• Net cashflow: $835

Break-even live

Break-even rent $1,391

Max offer price $159,000

Occupancy floor 61%

Sensitivity live

Price	-10% $945	-5% $890	+0% $835	+5% $780	+10% $725
Rent	-10% $642	-5% $738	+0% $835	+5% $932	+10% $1,028
Rate	-1.0pp $915	-0.5pp $876	base $835	+0.5pp $794	+1.0pp $752

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-05-04
   price $159,000 1464-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

2. 2026-05-04
   price $159,000 1379-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

3. 2026-03-24
   price $169,000 1464-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

4. 2026-03-24
   price $169,000 1379-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

5. 2026-02-20
   price $179,000 1464-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

6. 2026-02-20
   price $179,000 1379-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

7. 2026-02-07
   listed $199,000 Active 1464-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

8. 2026-02-07
   listed $199,000 Active 1379-char remark

   Show marketing remark (1379 chars)

   Step in a recently renovated home in the country! All the work has been done for you. Privacy, remote, and relaxation are the words that come to mind when I first viewed this property. Sitting on 2 acres of beautiful NO RESTRICTIONS land this really is an amazing mix of seclusion yet only minutes to town. Fish in the pond at your convenience while enjoying the awesome songs of the birds and wildlife. Abundant deer and turkey can be viewed all times of the day. There is a separate septic system and power pole ready to go for an additional build site or a mother in law suite possibly??? The choices are endless. A brand new metal roof and all new metal siding are just some of the awesome updates that have been completed. 20 by 20 extra tall carport is there to keep all your toys covered. This home would be excellent for a family with plenty of space for the kids to roam. Air BNB and short term rentals are other opportunities. Some of the local attractions are: 10 minutes from the Mennonite community and stores 19 minutes to the world famous Fall Creek Falls Just minutes gets you to atv, side by side, trails and horseback riding. 49 minutes to Chattanooga 55 minutes to Spring City Marina and resorts. Call today for a tour and come feel the stress melt away from your body when you relax in peace and quiet in your own private retreat like living!!!

9. 2023-08-31
   historical
10. 2023-08-22
    listed $149,000 Active

ⓘ 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 6/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% 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: $29,376
• − Mortgage interest: −$8,906
• − Property taxes: −$2,385
• − Insurance: −$795
• − Repairs & maintenance: −$2,350
• − Management: −$2,350
• − Depreciation: −$4,625
• Taxable income: $7,964
• Est. tax owed @ 24.0%: −$1,911
• After-tax cash flow: $8,110/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.

Condition & rehab AI · 12 photos

Poor 20/100 Extensive rehab

This mobile home requires extensive repairs and maintenance to bring it up to a livable condition. Immediate updates to the exterior siding, interior walls, and HVAC are necessary to increase its resale and rental value.

Repairs flagged

• Major exterior siding — Worn and dirty
• Major interior walls — Dirty and paint peeling
• Major HVAC/mechanicals — No photos to assess condition

Value-add opportunities

• Resale paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Resale repair exterior siding — Fresh siding improves home's appearance and value
• Rental repair HVAC/mechanicals — Functional HVAC improves tenant satisfaction and reduces maintenance costs

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Worn and dirty	Major	$15,000–50,000
interior walls · Dirty and paint peeling	Major	$15,000–50,000
HVAC/mechanicals · No photos to assess condition	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Resale paint interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Resale repair exterior siding — Fresh siding improves home's appearance and value ↑
• Rental repair HVAC/mechanicals — Functional HVAC improves tenant satisfaction and reduces maintenance costs ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Bledsoe County
• NCES district ID: 4700270
• Math proficiency: 19% ▼ -13.00%
• Reading proficiency: 27% ▼ -1.00%
• Median HH income: $35,901
• Composite: 19.02/100
• National rank: #8845
• State rank: #104 of 139 in TN

Livability — Pikeville

• Score: 59/100
• State rank: #296
• US rank: #20539

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bledsoe · 11,736 people
• Population (ZIP): 11,736
• Household income: $54,696
• Rent vs Own: 21.1% rent · 78.9% own
• Severe rent burden: 2.1

Population outlook (Bledsoe County) Hauer SSP2

• Today (2025): 18,085 people
• By 2030: 19,649 · +8.6%
• By 2040: 22,438 · +24.1%
• By 2050: 24,582 · +35.9%
• By 2075: 26,769 · +48.0%
• By 2100: 25,033 · +38.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 7% Two or more races 6% Hispanic / Latino 2%
• Common ancestry: Italian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Bledsoe

• 2024 margin: Solid R (+70.5) · D 14.4% · R 84.9%
• 2008→2024 swing: -36.0pp toward R · 2008: -34.5pp · 2024: -70.5pp
• All cycles: 2024: R+70.5 2020: R+65.2 2016: R+58.6 2012: R+40.3 2008: R+34.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 106.44%
• Current HPI: 415.344
• 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

+6.7% since first listed

10 events — show timeline

• 2026-05-04 Price Changed $159,000 RCAOR
• 2026-05-04 Price Changed $159,000 Knoxville MLS
• 2026-03-24 Price Changed $169,000 RCAOR
• 2026-03-24 Price Changed $169,000 Knoxville MLS
• 2026-02-20 Price Changed $179,000 RCAOR
• 2026-02-20 Price Changed $179,000 Knoxville MLS
• 2026-02-07 Listed $199,000 RCAOR
• 2026-02-07 Listed $199,000 Knoxville MLS
• 2023-08-31 Listing Removed — Knoxville MLS
• 2023-08-22 Listed $149,000 Knoxville MLS