352 Lakeview Dr · Fairfield Glade, TN 38558

$235,000

3 bd · 2.0 ba · 1,512 sqft · SingleFamily public records · 177 Days on market

Built 1980 0.40 ac lot $95/mo HOA · 5% of rent

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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 +15.8/30.0
• ARV discount +7.5/15.0
• DSCR +4.9/10.0
• Appreciation +4.0/10.0
• 1% rule +3.5/10.0
• Livability +3.1/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

''Welcome Home'' This charming 1752 sq ft cottage-style home is perfect for an active lifestyle in Fairfield Glade Resort Community. This community offers hiking trails; 5 golf courses; events; pools; tennis; pickleball; and so much more. (fairfieldglade.cc) The inviting enclosed porch, with heat/air, is adorned with windows on all sides. As you step inside, the open-concept layout seamlessly connects the living and dining areas creating a spacious airy feel. The kitchen features like new appliances and ample cabinetry. The Master Area was added split from the guest area, providing its own bath area and built it shelving; off of the back entry way with the laundry area enhancing functionality for an active lifestyle. Natural Gas is available at the street. (Oh the ideas!) This cottage-style home combines comfort and practicality for planning your schedule. ''Come On Home'' Buyer to verify information before making an informed offer.

Key facts

• 0.4 acre lot
• Garage
• Community pool

Property features AI

Finance

• Other: Windows listed as energy-efficient feature
• HOA & community: HOA with monthly fee of $95; HOA amenities include pool, golf course, and playground; HOA fee includes trash and sewer

Exterior

• Parking: 2 covered parking spaces; 2-car carport; Garage faces side
• Utilities: Public water available; Septic tank; Electricity available
• Home design: Single family residence; One-story; Residential property
• Construction: Frame construction with vinyl siding; Existing (year built details available); Crawl space basement
• Exterior features: Deck; Corner lot; Level lot

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms (all on main level); Primary bedroom with walk-in closet
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (Electric, Heat Pump); Central air conditioning
• Interior features: Walk-in closets; Great room
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $107 ($1k/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 $200k (15.0% below list).
• Recommended offer: $200k (15.0% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 2.2% in Fairfield Glade — 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 61/100 on livability (#249 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: amenities F, commute F, health & safety F.
• Cumberland County (rural): math 30% / reading 31% proficiency, ranked #59 of 139 in TN (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Crab Orchard Elementary (math 24% / reading 25%, grade F, #546 of 952 statewide, top 61%, 458 students, 0% FRL); Stone Memorial High School (math 19% / reading 45%, grade F, #56 of 332 statewide, top 20%, 1,031 students, 0% FRL) — zoned schools average 0% FRL vs 56% district-wide (56 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 603 active listings in the ZIP; 114 units permitted in Cumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.1%/yr); year-one equity from $2k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Cumberland County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 177 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 20y ago; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $199,739 (15.0% below list)

Questions for the listing agent

1. It's been on market 177 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 D-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. 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?
7. 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.
8. 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.
9. 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: 0.85% ✗
• Cap rate: 6.84%
• Cash-on-cash: 1.95%
• DSCR: 1.09
• GRM: 9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.06% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.67×
• Total profit: $-21,922
• Equity at exit: $45,042

10-year hold

• IRR: -0.4%
• Equity multiple: 0.97×
• Total profit: $-2,206
• Equity at exit: $37,924

Cash invested: $65,800 (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 38558

• Home prices YoY: -0.8%
• Active inventory: 603
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,997 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$46 /mo · $547/yr
• Insurance: −$98
• HOA: −$95
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $107

Break-even live

Break-even rent $1,862

Max offer price $235,000

Occupancy floor 90%

Sensitivity live

Price	-10% $240	-5% $174	+0% $107	+5% $41	+10% $-26
Rent	-10% $-51	-5% $28	+0% $107	+5% $186	+10% $265
Rate	-1.0pp $225	-0.5pp $167	base $107	+0.5pp $46	+1.0pp $-16

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $95 · $1,140/yr
• Likely covers: gaspool

Listing history 50 events

1. 2026-06-21
   pricedays on market $235,000 Active 177 DOM
2. 2026-06-18
   days on market $250,000 Active 175 DOM
3. 2026-06-17
   days on market $250,000 Active 174 DOM
4. 2026-06-16
   days on market $250,000 Active 173 DOM
5. 2026-06-15
   days on market $250,000 Active 172 DOM
6. 2026-06-13
   days on market $250,000 Active 170 DOM
7. 2026-06-12
   days on market $250,000 Active 169 DOM
8. 2026-06-09
   days on market $250,000 Active 166 DOM
9. 2026-06-08
   days on market $250,000 Active 165 DOM
10. 2026-06-08
    days on market $250,000 Active 164 DOM
11. 2026-06-07
    days on market $250,000 Active 163 DOM
12. 2026-06-03
    days on market $250,000 Active 160 DOM
13. 2026-06-02
    days on market $250,000 Active 159 DOM
14. 2026-06-01
    days on market $250,000 Active 158 DOM
15. 2026-05-31
    days on market $250,000 Active 157 DOM
16. 2026-02-23
    price $250,000

    Show marketing remark (958 chars)

    ''Welcome Home'' This charming 1752 sq ft cottage-style home is perfect for an active lifestyle in Fairfield Glade Resort Community. This community offers hiking trails; 5 golf courses; events; pools; tennis; pickleball; and so much more. (fairfieldglade.cc) The inviting enclosed porch, with heat/air, is adorned with windows on all sides. As you step inside, the open-concept layout seamlessly connects the living and dining areas creating a spacious airy feel. The kitchen features like new appliances and ample cabinetry. The Master Area was added split from the guest area, providing its own bath area and built it shelving; off of the back entry way with the laundry area enhancing functionality for an active lifestyle. Natural Gas is available at the street. (Oh the ideas!) This cottage-style home combines comfort and practicality for planning your schedule. ''Come On Home'' Buyer to verify information before making an informed offer.

17. 2026-02-23
    price $250,000 958-char remark

    Show marketing remark (958 chars)

    ''Welcome Home'' This charming 1752 sq ft cottage-style home is perfect for an active lifestyle in Fairfield Glade Resort Community. This community offers hiking trails; 5 golf courses; events; pools; tennis; pickleball; and so much more. (fairfieldglade.cc) The inviting enclosed porch, with heat/air, is adorned with windows on all sides. As you step inside, the open-concept layout seamlessly connects the living and dining areas creating a spacious airy feel. The kitchen features like new appliances and ample cabinetry. The Master Area was added split from the guest area, providing its own bath area and built it shelving; off of the back entry way with the laundry area enhancing functionality for an active lifestyle. Natural Gas is available at the street. (Oh the ideas!) This cottage-style home combines comfort and practicality for planning your schedule. ''Come On Home'' Buyer to verify information before making an informed offer.

18. 2025-12-26
    listed $260,000 Active
19. 2025-12-25
    listed $260,000 Active 958-char remark

    Show marketing remark (958 chars)

    ''Welcome Home'' This charming 1752 sq ft cottage-style home is perfect for an active lifestyle in Fairfield Glade Resort Community. This community offers hiking trails; 5 golf courses; events; pools; tennis; pickleball; and so much more. (fairfieldglade.cc) The inviting enclosed porch, with heat/air, is adorned with windows on all sides. As you step inside, the open-concept layout seamlessly connects the living and dining areas creating a spacious airy feel. The kitchen features like new appliances and ample cabinetry. The Master Area was added split from the guest area, providing its own bath area and built it shelving; off of the back entry way with the laundry area enhancing functionality for an active lifestyle. Natural Gas is available at the street. (Oh the ideas!) This cottage-style home combines comfort and practicality for planning your schedule. ''Come On Home'' Buyer to verify information before making an informed offer.

20. 2021-10-28
    soldstatus $225,000
21. 2021-07-27
    historical
22. 2021-05-19
    price $205,000
23. 2021-05-11
    price $214,500
24. 2021-04-13
    price $219,500
25. 2021-03-13
    status Active
26. 2021-03-12
    historical Pending - Continue to Show - Inspection
27. 2021-01-28
    listed $225,000 Active
28. 2019-08-20
    soldstatus $114,000
29. 2019-08-19
    soldstatus $114,000 Closed
30. 2019-08-19
    soldstatus $114,000
31. 2019-08-19
    soldstatus $114,000
32. 2019-08-09
    historical Pending - Continue to Show
33. 2019-07-19
    listed $119,900 Active
34. 2019-07-19
    listed $119,900
35. 2019-07-03
    historical
36. 2019-06-18
    status Active
37. 2019-06-10
    historical Pending - Continue to Show
38. 2019-05-18
    price $119,900
39. 2019-03-22
    price $125,000
40. 2019-01-09
    price $127,500
41. 2018-11-14
    listed $130,000 Active
42. 2018-10-24
    historical
43. 2018-06-28
    listed $144,900 Active
44. 2018-06-28
    price $135,000
45. 2018-06-28
    price $139,900
46. 2009-03-04
    listed $134,900
47. 2008-06-18
    listed $139,900
48. 2008-02-02
    listed $135,000
49. 2006-11-13
    listed $149,500
50. 2006-09-15
    soldstatus $70,000

ⓘ 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: $547 · $46/mo
• Projected year-2 tax: $1,668 · $139/mo
• Expected delta: +$1,122/yr (+$93/mo · 205.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,969
• − Mortgage interest: −$13,164
• − Property taxes: −$547
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,917
• − Management: −$1,917
• − HOA: −$1,140
• − Depreciation: −$6,836
• Taxable loss: −$2,728
• Est. tax savings @ 24.0%: +$655
• After-tax cash flow: $1,940/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: Cumberland County
• NCES district ID: 4700900
• Math proficiency: 30% ▼ -10.00%
• Reading proficiency: 31% ▼ -7.00%
• Median HH income: $38,510
• Composite: 25.52/100
• National rank: #7438
• State rank: #59 of 139 in TN

Livability — Fairfield Glade

• Score: 61/100
• State rank: #249
• US rank: #17907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fairfield Glade, TN
• City population: 9,270
• Population (ZIP): 9,270

Population outlook (Cumberland County) Hauer SSP2

• Today (2025): 61,344 people
• By 2030: 62,611 · +2.1%
• By 2040: 64,547 · +5.2%
• By 2050: 65,462 · +6.7%
• By 2075: 66,839 · +9.0%
• By 2100: 63,855 · +4.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Hispanic / Latino 3% Two or more races 3% Asian 1%
• Common ancestry: Romanian 4% Slovak 4% Lithuanian 3%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1% Other Asian/Pacific 1%

Political lean MEDSL · Cumberland

• 2024 margin: Solid R (+58.9) · D 20.2% · R 79.1%
• 2008→2024 swing: -21.8pp toward R · 2008: -37.1pp · 2024: -58.9pp
• All cycles: 2024: R+58.9 2020: R+57.1 2016: R+57.8 2012: R+49.1 2008: R+37.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.06%
• Current HPI: 261.4637
• 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

+257.1% since first listed

35 events — show timeline

• 2026-02-23 Price Changed $250,000 REALTRACS as Distributed by MLS Grid
• 2026-02-23 Price Changed $250,000 Knoxville MLS
• 2025-12-26 Listed $260,000 REALTRACS as Distributed by MLS Grid
• 2025-12-25 Listed $260,000 Knoxville MLS
• 2021-10-28 Sold (Public Records) $225,000 Public Records
• 2021-07-27 Listing Removed — Knoxville MLS
• 2021-05-19 Price Changed $205,000 Knoxville MLS
• 2021-05-11 Price Changed $214,500 Knoxville MLS
• 2021-04-13 Price Changed $219,500 Knoxville MLS
• 2021-03-13 Relisted — Knoxville MLS
• 2021-03-12 Contingent — Knoxville MLS
• 2021-01-28 Listed $225,000 Knoxville MLS
• 2019-08-20 Sold (Public Records) $114,000 Public Records
• 2019-08-19 Sold (MLS) $114,000 UCMLS
• 2019-08-19 Sold (MLS) $114,000 REALTRACS as Distributed by MLS Grid
• 2019-08-19 Sold (MLS) $114,000 Knoxville MLS
• 2019-08-09 Contingent — Knoxville MLS
• 2019-07-19 Listed $119,900 Knoxville MLS
• 2019-07-19 Listed $119,900 UCMLS
• 2019-07-03 Listing Removed — Knoxville MLS
• 2019-06-18 Relisted — Knoxville MLS
• 2019-06-10 Contingent — Knoxville MLS
• 2019-05-18 Price Changed $119,900 Knoxville MLS
• 2019-03-22 Price Changed $125,000 Knoxville MLS
• 2019-01-09 Price Changed $127,500 Knoxville MLS
• 2018-11-14 Listed $130,000 Knoxville MLS
• 2018-10-24 Listing Removed — Knoxville MLS
• 2018-06-28 Listed $144,900 Knoxville MLS
• 2018-06-28 Price Changed $139,900 Knoxville MLS
• 2018-06-28 Price Changed $135,000 Knoxville MLS
• 2009-03-04 Listed $134,900 Knoxville MLS
• 2008-06-18 Listed $139,900 Knoxville MLS
• 2008-02-02 Listed $135,000 Knoxville MLS
• 2006-11-13 Listed $149,500 Knoxville MLS
• 2006-09-15 Sold (Public Records) $70,000 Public Records

Property tax history

+4.1%/yr

Latest (2025): $547 · +0.0% YoY. Source: county tax records.