916 Battery Dr · Lewisburg, TN 37091

$299,000

3 bd · 1.0 ba · 1,326 sqft · SingleFamily public records · 15 Days on market

Built 1963 0.36 ac lot Est $294k · at est.

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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
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• ARV discount +6.8/15.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for that park like setting for you new home?! This beautiful all brick 3BR 1 Bath completely renovated home has everything you are looking for!! New Features include: Roof, Windows, Painted Exterior, PEX plumbing, tile in kitchen and bath, kitchen cabinets, countertops, REAL hardwood floors, trim, paint, fixtures, facia, soffit, gutters, list goes on and on. Property even includes a covered patio and 24x12 workshop/storage bldg with electricity and gas heat. Extremely hard to find!!!

Key facts

• 0.36 acre lot
• 4 parking spots
• Built 1963

Property features AI

Exterior

• Parking: Four open parking spaces (total 4 parking spaces)
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residence; One story; Renovated
• Construction: Brick construction; Shingle roof; Crawl space foundation; Built/renovated (year listed as renovated)
• Exterior features: Covered patio; Level lot; Storage structure

Interior

• Kitchen: Gas oven; Gas range; Dishwasher; Microwave; Stainless steel appliances
• Bedrooms: Three bedrooms (all on the main level); Bedroom sizes: 15 x 13, 13 x 13, 13 x 11
• Flooring: Wood; Tile; Vinyl
• Bathrooms: One full bathroom
• Heating & cooling: Central heating (natural gas); Central air conditioning
• Interior features: Ceiling fan(s)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $299k).
• Recommended offer: $295k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.3% vs local median 3.6% in Lewisburg — 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 (#284 in TN) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Marshall County (rural): math 31% / reading 29% proficiency, ranked #58 of 139 in TN (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Marshall Elementary (math 27% / reading 27%, grade F, #496 of 952 statewide, top 55%, 388 students, 0% FRL); Marshall Co High School (math 17% / reading 35%, grade F, #117 of 332 statewide, top 37%, 815 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: 274 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 400 units permitted in Marshall County in 2024 (75 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 $9k of value loss. Plan a longer hold.
• Marshall County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $84k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $221k; 35% 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 $294,515 (1.5% below list)

Questions for the listing agent

1. Built in 1963 — 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: 1.30% ✓
• Cap rate: 11.29%
• Cash-on-cash: 17.83%
• DSCR: 1.79
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $294,372
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
930 Oak St	0.06mi	3/2.0	1,361 (+3%)	9mo	$240,000	$176	82
330 Hickory Cir	0.05mi	3/2.0	1,248 (-6%)	5mo	$265,000	$212	79
411 Elm Ave	0.15mi	3/2.0	1,200 (-10%)	3mo	$289,000	$241	70
301 East Ave	0.35mi	3/1.0	1,256 (-5%)	7mo	$150,000	$119	69
131 Isabela Dr	0.20mi	3/2.0	1,172 (-12%)	3mo	$269,900	$230	65
1080 Finley Beech Rd	0.42mi	3/2.0	1,359 (+2%)	10mo	$305,000	$224	64
371 Elm Ave	0.22mi	3/2.0	1,200 (-10%)	8mo	$275,000	$229	63
948 Oak St	0.08mi	3/2.0	1,497 (+13%)	12mo	$271,000	$181	61
188 Trey Dr	0.38mi	3/2.0	1,430 (+8%)	5mo	$275,000	$192	61
141 Isabela Dr	0.23mi	3/2.0	1,172 (-12%)	6mo	$259,900	$222	61
310 Lexie Dr	0.53mi	3/2.0	1,354 (+2%)	10mo	$315,000	$233	60
155 Landon Ln	0.47mi	3/2.0	1,158 (-13%)	2mo	$255,000	$220	51

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: 9.3%
• Equity multiple: 1.37×
• Total profit: $30,689
• Equity at exit: $44,582

10-year hold

• IRR: 18.5%
• Equity multiple: 2.53×
• Total profit: $128,401
• Equity at exit: $25,852

Cash invested: $83,720 (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 37091

• Home prices YoY: -14.6%
• Active inventory: 274
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $3,900 medium
• Mortgage (P&I): −$1,568
• Tax from tax record: −$144 /mo · $1,730/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$819
• Net cashflow: $1,244

Break-even live

Break-even rent $2,325

Max offer price $299,000

Occupancy floor 63%

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
328 E Church St Lewisburg, TN	2.0	2.0	1000	$4,000	$4.00	43d	1	0.83mi
335 E Hill Ave Lewisburg, TN	3.0	2.0	1800	$5,000	$2.78	43d	1	0.87mi
566 1st Ave N Lewisburg, TN	2.0	1.0	950	$2,250	$2.37	43d	1	1.16mi
423 4th Ave N Lewisburg, TN	2.0	1.0	1086	$790	$0.73	23d	1	1.25mi

Listing history 10 events

1. 2026-06-18
   days on market $299,000 Active 15 DOM
2. 2026-06-17
   days on market $299,000 Active 14 DOM
3. 2026-06-16
   days on market $299,000 Active 13 DOM
4. 2026-06-15
   days on market $299,000 Active 12 DOM
5. 2026-06-13
   days on market $299,000 Active 10 DOM
6. 2026-06-09
   days on market $299,000 Active 6 DOM
7. 2026-06-08
   days on market $299,000 Active 5 DOM
8. 2026-06-07
   statusdays on market $299,000 Active 4 DOM
9. 2026-06-02
   remarks 495-char remark
10. 2026-06-02
    listed $299,000 Coming Soon 1 DOM

ⓘ 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: $1,730 · $144/mo
• Projected year-2 tax: $2,123 · $177/mo
• Expected delta: +$393/yr (+$33/mo · 22.7%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $46,794
• − Mortgage interest: −$16,749
• − Property taxes: −$1,730
• − Insurance: −$1,495
• − Repairs & maintenance: −$3,744
• − Management: −$3,744
• − Depreciation: −$8,698
• Taxable income: $10,635
• Est. tax owed @ 24.0%: −$2,552
• After-tax cash flow: $12,374/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: Marshall County
• NCES district ID: 4702670
• Math proficiency: 31% ▼ -9.00%
• Reading proficiency: 29% ▼ -5.00%
• Median HH income: $43,058
• Composite: 25.56/100
• National rank: #7426
• State rank: #58 of 139 in TN

Livability — Lewisburg

• Score: 59/100
• State rank: #284
• US rank: #20031

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lewisburg, TN
• Population (ZIP): 23,991

Population outlook (Marshall County) Hauer SSP2

• Today (2025): 33,222 people
• By 2030: 33,867 · +1.9%
• By 2040: 34,743 · +4.6%
• By 2050: 34,954 · +5.2%
• By 2075: 34,652 · +4.3%
• By 2100: 31,862 · -4.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 8% Black 5% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Serbian 4% Slovak 2% Romanian 1%
• Foreign-born: 3% · Canada, Jamaica, Vietnam
• Languages at home: 92% English-only · Spanish 7%

Political lean MEDSL · Marshall

• 2024 margin: Solid R (+56.6) · D 21.2% · R 77.8%
• 2008→2024 swing: -17.0pp toward R · 2008: -39.6pp · 2024: -56.6pp
• All cycles: 2024: R+56.6 2020: R+50.0 2016: R+46.6 2012: R+28.9 2008: R+39.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.86%
• Current HPI: 350.5306
• 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

+498.0% since first listed

7 events — show timeline

• 2026-06-02 Coming Soon $299,000 REALTRACS as Distributed by MLS Grid
• 2021-06-25 Sold (Public Records) $221,000 Public Records
• 2021-06-24 Sold (MLS) $221,000 REALTRACS as Distributed by MLS Grid
• 2021-06-18 Pending — REALTRACS as Distributed by MLS Grid
• 2021-06-04 Contingent — REALTRACS as Distributed by MLS Grid
• 2021-05-21 Listed $224,900 REALTRACS as Distributed by MLS Grid
• 2020-10-05 Sold (Public Records) $50,000 Public Records

Property tax history

+8.0%/yr

Latest (2025): $1,730 · +7.9% YoY. Source: county tax records.