1315 N Glen Dr · Chattanooga, TN 37343

$250,000

4 bd · 3.0 ba · 2,739 sqft · SingleFamily public records · 1 Days on market

Built 1966 0.28 ac lot Est $430k · 42% under

---

Why this score? — see what drove the C 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 +20.1/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +4.4/10.0
• Livability +3.9/5.0
• Rent growth +3.1/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This conveniently locat4ed, spacious 4BR, 2 Full + 2 Half Bath home offers incredible potential for investors, renovators, or buyers looking to build sweat equity. Featuring oversized living spaces, a flexible floor plan, and major improvements already completed including a roof installed in 2017 and replacement windows (age unknown). The main level offers a spacious kitchen, large L-shaped living and dining area, separate den, laundry room, and a main-level bedroom. Upstairs includes 3 additional bedrooms and 2 full baths. The basement provides abundant storage space and flexible-use areas that could function as additional living space, hobby rooms, office space, or guest accommodations, p

Key facts

• 0.28 acre lot
• 2 garage spots
• Built 1966

Property features AI

Exterior

• Parking: Attached garage; 2-car garage; Driveway
• Utilities: Public water; Public sewer; Electricity connected; Natural gas available; Water connected
• Home design: Single-family residence; Two levels; Fixer condition
• Construction: Brick and other construction materials
• Exterior features: Landscaped lot; Other exterior features

Interior

• Kitchen: Microwave; Electric range; Dishwasher
• Bedrooms: Total rooms: 9
• Flooring: Varies
• Bathrooms: 2 full bathrooms; 2 half bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Fireplace; Varied flooring
• Laundry & utility: Main-level laundry

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $311 ($4k/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 $236k (5.6% below list).
• Recommended offer: $236k (5.6% below list) — sets the bar for 1% rule.
• Cap rate 7.8% 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: Dupont Elementary (math 27% / reading 22%, grade F, #546 of 952 statewide, top 61%, 233 students, 0% FRL); Hixson Middle School (math 27% / reading 20%, grade F, #162 of 333 statewide, top 50%, 607 students, 0% FRL); Hixson High School (math 22% / reading 32%, grade F, #104 of 332 statewide, top 33%, 935 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.
• Market conditions: Rents rising (+2.4%/yr); 459 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,133 units permitted in Hamilton County in 2024 (405 in 5+ unit buildings).
• This rent runs 34% of the median local income ($82k/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 $2k of loan paydown is wiped out by about $8k 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 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $200k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $235,948 (5.6% below list)

Questions for the listing agent

1. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.94% ✗
• Cap rate: 7.78%
• Cash-on-cash: 5.33%
• DSCR: 1.24
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $430,023
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1426 Highcrest Dr	0.26mi	4/3.0	2,850 (+4%)	2mo	$298,000	$105	79
4602 Cloverdale Loop	0.42mi	4/3.0	2,736 (-0%)	18mo	$279,400	$102	65
545 Leafwood Dr	0.63mi	4/3.0	2,670 (-2%)	3mo	$310,000	$116	64
4522 Cloverdale Loop	0.54mi	4/3.0	2,668 (-3%)	9mo	$500,000	$187	63
537 Tree Top Ln	0.39mi	4/3.0	2,632 (-4%)	21mo	$424,900	$161	58
4627 Hillmont Ln	0.04mi	4/2.5	2,348 (-14%)	19mo	$368,000	$157	57
512 Briar Park Ln	0.46mi	4/3.0	3,024 (+10%)	18mo	$475,000	$157	46
511 Parlem Dr	0.65mi	3/2.5 (-1)	2,483 (-9%)	2mo	$470,000	$189	45
1203 Thomas Ln	0.74mi	3/3.5 (-1)	2,909 (+6%)	13mo	$735,000	$253	38
759 Soaring Eagle Cir	0.47mi	5/3.0 (+1)	2,398 (-12%)	19mo	$475,000	$198	36
1370 Polaris Dr	0.72mi	4/3.0	2,416 (-12%)	14mo	$340,000	$141	35
1339 Cloverdale Cir	0.53mi	3/1.5 (-1)	2,352 (-14%)	11mo	$270,000	$115	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 · 2.41% rent growth · sell at horizon

5-year hold

• IRR: -8.7%
• Equity multiple: 0.68×
• Total profit: $-22,186
• Equity at exit: $37,276

10-year hold

• IRR: 0.0%
• Equity multiple: 1.00×
• Total profit: $225
• Equity at exit: $21,615

Cash invested: $70,000 (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 37343

• Rents YoY: 2.4%
• Active inventory: 459
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,359 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$138 /mo · $1,657/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$495
• Net cashflow: $311

Break-even live

Break-even rent $1,966

Max offer price $250,000

Occupancy floor 82%

Sensitivity live

Price	-10% $452	-5% $381	+0% $311	+5% $240	+10% $169
Rent	-10% $124	-5% $218	+0% $311	+5% $404	+10% $497
Rate	-1.0pp $437	-0.5pp $374	base $311	+0.5pp $246	+1.0pp $180

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1300 Highcrest Dr Hixson, TN	3.0	2.5	2183	$2,100	$0.96	14d	1	0.17mi
4630 Sherry Ln Hixson, TN	4.0	2.5	1850	$2,095	$1.13	14d	1	0.94mi
4805 Dyno Loop Chattanooga, TN	4.0	3.0	2515	$3,050	$1.21	24d	1	1.29mi
101 Flash Way Chattanooga, TN	4.0	2.5	1766	$2,500	$1.42	24d	1	1.32mi
106 Flash Way Chattanooga, TN	4.0	2.5	1766	$2,500	$1.42	24d	1	1.33mi

Listing history 4 events

1. 2026-05-24
   status Pending
2. 2026-05-23
   listed $250,000 Active
3. 2026-05-16
   historical $250,000
4. 2018-12-31
   soldstatus $200,000

ⓘ 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: $1,657 · $138/mo
• Projected year-2 tax: $1,775 · $148/mo
• Expected delta: +$118/yr (+$10/mo · 7.1%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,314
• − Mortgage interest: −$14,004
• − Property taxes: −$1,657
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,265
• − Management: −$2,265
• − Depreciation: −$7,273
• Taxable loss: −$400
• Est. tax savings @ 24.0%: +$96
• After-tax cash flow: $3,825/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
• County: Hamilton County · 312,777 people
• City population: 131,999
• Metro: Chattanooga, TN-GA
• Population (ZIP): 45,101
• Household income: $82,227
• Rent vs Own: 24.0% rent · 76.0% own
• Severe rent burden: 1152.0

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 (83%)
• Race & ethnicity: White 83% Hispanic / Latino 7% Two or more races 6% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 2%
• Foreign-born: 5% · Canada, Vietnam, South Korea
• Languages at home: 92% English-only · Spanish 5% Other Indo-European 1% Chinese 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: ▼ -324.61%
• Current HPI: 260.3778
• Rent YoY: ▲ 2.41%
• Metro: Chattanooga, TN-GA
• 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

+25.0% since first listed

4 events — show timeline

• 2026-05-24 Pending — GCAR
• 2026-05-23 Listed $250,000 GCAR
• 2026-05-16 Coming Soon $250,000 GCAR
• 2018-12-31 Sold (Public Records) $200,000 Public Records

Property tax history

+1.5%/yr

Latest (2025): $1,657 · +32.1% YoY. Source: county tax records.