6004 Lynchburg Rd · Belvidere, TN 37398

$143,000

2 bd · 1.0 ba · 880 sqft · Other public records · 456 Days on market

Built 2020 1.54 ac lot

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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 +25.2/30.0
• DSCR +8.3/10.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR SPECIAL. Located less than 10 minutes away from Tims Ford State Park and downtown Winchester, this investment property is the ultimate fixer upper. Sitting on 1.5 acres, you won't find anything similar for less than 90k. Schedule your showing today. CASH OFFERS ONLY.

Key facts

• Wired and plumbed
• 1.5 acres
• 1.54 acre lot

Tags

• 1.5 ACRES
• WIRED AND PLUMBED

Property features AI

Finance

• Financial info: Annual tax noted (financial details provided separately)

Exterior

• Parking: No covered or designated parking spaces listed
• Utilities: Public water; Septic sewer; Water available
• Home design: Residential modular home; One story; Approximately 880 square feet of living area
• Construction: Aluminum siding; Approximate year built
• Exterior features: 1.54-acre lot; Public water available; Septic tank

Interior

• Kitchen: No kitchen appliances specified
• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating specified; No cooling specified
• Interior features: No basement; No built-in appliances listed
• Laundry & utility: No heating or cooling systems specified

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $143k.

Deal economics

• At list price, monthly cash flow is $322 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $143k).
• Recommended offer: $126k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Franklin County (town): math 18% / reading 22% proficiency, ranked #111 of 139 in TN (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Broadview Elementary (math 37% / reading 32%, grade F, #319 of 952 statewide, top 37%, 238 students, 0% FRL); Franklin Co High School (math 5% / reading 22%, grade F, #255 of 332 statewide, top 77%, 1,180 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: 324 active listings in the ZIP; 422 units permitted in Franklin County in 2024 (5 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $989 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Franklin County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 456 days — a 12% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $45k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; list at $143k implies a 104% 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 $125,840 (12.0% below list)

Questions for the listing agent

1. It's been on market 456 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.16% ✓
• Cap rate: 8.99%
• Cash-on-cash: 9.65%
• DSCR: 1.43
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -1.7%
• Equity multiple: 0.93×
• Total profit: $-2,644
• Equity at exit: $21,322

10-year hold

• IRR: 8.0%
• Equity multiple: 1.60×
• Total profit: $24,201
• Equity at exit: $12,364

Cash invested: $40,040 (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 37398

• Home prices YoY: -21.1%
• Active inventory: 324
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,658 medium
• Mortgage (P&I): −$750
• Tax est. 1.5%: −$179 /mo · $2,145/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $322

Break-even live

Break-even rent $1,251

Max offer price $143,000

Occupancy floor 76%

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: $35,750
• Closing costs: $4,290
• Reserves months: —
• Total cash needed: —

Listing history 34 events

1. 2026-06-19
   days on market $143,000 Active 456 DOM
2. 2026-06-18
   days on market $143,000 Active 455 DOM
3. 2026-06-17
   days on market $143,000 Active 454 DOM
4. 2026-06-16
   days on market $143,000 Active 453 DOM
5. 2026-06-15
   days on market $143,000 Active 452 DOM
6. 2026-06-14
   days on market $143,000 Active 450 DOM
7. 2026-06-13
   days on market $143,000 Active 449 DOM
8. 2026-06-10
   days on market $143,000 Active 447 DOM
9. 2026-06-09
   days on market $143,000 Active 446 DOM
10. 2026-06-08
    days on market $143,000 Active 445 DOM
11. 2026-06-07
    days on market $143,000 Active 444 DOM
12. 2026-06-05
    days on market $143,000 Active 441 DOM
13. 2026-06-03
    days on market $143,000 Active 440 DOM
14. 2026-06-02
    days on market $143,000 Active 439 DOM
15. 2026-06-01
    days on market $143,000 Active 438 DOM
16. 2026-05-31
    days on market $143,000 Active 437 DOM
17. 2026-05-30
    days on market $143,000 Active 436 DOM
18. 2026-03-09
    price $143,000
19. 2026-02-21
    status Active
20. 2026-02-21
    historical
21. 2025-11-12
    price $145,000
22. 2025-11-07
    price $150,000
23. 2025-09-18
    price $159,000
24. 2025-07-29
    price $165,000
25. 2025-06-09
    price $170,000
26. 2025-05-31
    price $183,000
27. 2025-03-20
    listed $188,000 Active
28. 2024-06-20
    soldstatus $70,000 Closed 276-char remark

    Show marketing remark (276 chars)

    INVESTOR SPECIAL. Located less than 10 minutes away from Tims Ford State Park and downtown Winchester, this investment property is the ultimate fixer upper. Sitting on 1.5 acres, you won't find anything similar for less than 90k. Schedule your showing today. CASH OFFERS ONLY.

29. 2024-06-20
    soldstatus $70,000

    Show marketing remark (276 chars)

    INVESTOR SPECIAL. Located less than 10 minutes away from Tims Ford State Park and downtown Winchester, this investment property is the ultimate fixer upper. Sitting on 1.5 acres, you won't find anything similar for less than 90k. Schedule your showing today. CASH OFFERS ONLY.

30. 2024-06-08
    status Pending 276-char remark

    Show marketing remark (276 chars)

    INVESTOR SPECIAL. Located less than 10 minutes away from Tims Ford State Park and downtown Winchester, this investment property is the ultimate fixer upper. Sitting on 1.5 acres, you won't find anything similar for less than 90k. Schedule your showing today. CASH OFFERS ONLY.

31. 2024-05-29
    listed $89,000 Active 276-char remark

    Show marketing remark (276 chars)

    INVESTOR SPECIAL. Located less than 10 minutes away from Tims Ford State Park and downtown Winchester, this investment property is the ultimate fixer upper. Sitting on 1.5 acres, you won't find anything similar for less than 90k. Schedule your showing today. CASH OFFERS ONLY.

32. 2015-05-29
    historical 43-char remark

    Show marketing remark (43 chars)

    Pre-Sale. This is a part of a larger tract.

33. 2015-05-29
    soldstatus $18,000 43-char remark

    Show marketing remark (43 chars)

    Pre-Sale. This is a part of a larger tract.

34. 2015-05-26
    listed $18,000 43-char remark

    Show marketing remark (43 chars)

    Pre-Sale. This is a part of a larger tract.

ⓘ 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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,901
• − Mortgage interest: −$8,010
• − Property taxes: −$2,145
• − Insurance: −$715
• − Repairs & maintenance: −$1,592
• − Management: −$1,592
• − Depreciation: −$4,160
• Taxable income: $1,687
• Est. tax owed @ 24.0%: −$405
• After-tax cash flow: $3,458/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: Franklin County
• NCES district ID: 4701290
• Math proficiency: 18% ▼ -9.00%
• Reading proficiency: 22% ▼ -8.00%
• Median HH income: $43,108
• Composite: 17.24/100
• National rank: #9094
• State rank: #111 of 139 in TN

Livability — Belvidere

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 15,712

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 42,858 people
• By 2030: 43,540 · +1.6%
• By 2040: 44,623 · +4.1%
• By 2050: 45,523 · +6.2%
• By 2075: 48,954 · +14.2%
• By 2100: 50,170 · +17.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 7% Black 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+53.2) · D 23.0% · R 76.1%
• 2008→2024 swing: -30.6pp toward R · 2008: -22.5pp · 2024: -53.2pp
• All cycles: 2024: R+53.2 2020: R+47.7 2016: R+43.7 2012: R+28.9 2008: R+22.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -89.03%
• Current HPI: 333.839
• 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

+694.4% since first listed

17 events — show timeline

• 2026-03-09 Price Changed $143,000 REALTRACS as Distributed by MLS Grid
• 2026-02-21 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-02-21 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-11-12 Price Changed $145,000 REALTRACS as Distributed by MLS Grid
• 2025-11-07 Price Changed $150,000 REALTRACS as Distributed by MLS Grid
• 2025-09-18 Price Changed $159,000 REALTRACS as Distributed by MLS Grid
• 2025-07-29 Price Changed $165,000 REALTRACS as Distributed by MLS Grid
• 2025-06-09 Price Changed $170,000 REALTRACS as Distributed by MLS Grid
• 2025-05-31 Price Changed $183,000 REALTRACS as Distributed by MLS Grid
• 2025-03-20 Listed $188,000 REALTRACS as Distributed by MLS Grid
• 2024-06-20 Sold (Public Records) $70,000 Public Records
• 2024-06-20 Sold (MLS) $70,000 REALTRACS as Distributed by MLS Grid
• 2024-06-08 Pending — REALTRACS as Distributed by MLS Grid
• 2024-05-29 Listed $89,000 REALTRACS as Distributed by MLS Grid
• 2015-05-29 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2015-05-29 Sold (MLS) $18,000 REALTRACS as Distributed by MLS Grid
• 2015-05-26 Listed $18,000 REALTRACS as Distributed by MLS Grid

Property tax history

-0.7%/yr

Latest (2025): $220 · -46.2% YoY. Source: county tax records.