248 Linden St · Jackson, TN 38301

$220,000

3 bd · 2.0 ba · 1,635 sqft · Other · 16 Days on market

Built 2025 6,098 sqft lot

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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 +15.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• Rent growth +3.8/5.0
• Livability +3.1/5.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 248 Linden Street, a brand-new construction nestled in Jackson's sought-after LANA District, where walkability, community, and revitalization come together. This 3 bedroom, 2.5 bathroom home delivers a seamless blend of modern design and everyday functionality at an accessible price point. Luxury vinyl plank flooring flows throughout all main living areas, offering durability and a clean, contemporary look, while plush carpet in the bedrooms keeps things warm and comfortable where it counts. The kitchen is a true centerpiece, featuring quartz countertops, stainless steel appliances, and an open layout that connects effortlessly to the living space, perfect for hosting or simply u

Key facts

• Quartz countertops
• New construction
• 6,098 sq ft lot

Tags

• NEW CONSTRUCTION
• LUXURY VINYL PLANK FLOORING
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• FULLY FENCED BACKYARD
• ALL APPLIANCES CONVEY

Property features AI

Finance

• Other: New construction property condition

Exterior

• Parking: 2 parking spaces
• Security: Smoke detectors
• Utilities: Public water; Public sewer; 220 volt electric service; Cable available; Electricity connected; Natural gas available; Phone available; Water connected; Sewer connected
• Home design: Single-family residence; One story; New construction; Residential property
• Construction: Built by Prosper Construction; Vinyl siding; Slab foundation
• Exterior features: Covered patio; Patio; Privacy wood fencing; Level lot; Gravel road frontage on a public maintained city street

Interior

• Kitchen: Oven; Dishwasher; Electric range; Microwave; Refrigerator; Self-cleaning oven; Stainless steel appliances
• Bedrooms: 3 main-level bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms; 1 half bathroom; 3 main-level bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Breakfast bar; Ceiling fans; Double vanities; Eat-in kitchen; High ceilings; Pantry; Walk-in closets; Blinds
• Laundry & utility: Washer; Dryer; Electric dryer hookup; Washer hookup; Laundry room

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $220k.

Deal economics

• At list price, monthly cash flow is $78 ($940/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 $173k (21.3% below list).
• Recommended offer: $173k (21.3% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 3.5% in Jackson — 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 62/100 on livability (#216 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
• Madison County (urban): math 10% / reading 17% proficiency, ranked #131 of 139 in TN (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Alexander Elementary School (math 8% / reading 8%, grade F, #848 of 952 statewide, top 91%, 385 students, 0% FRL) — zoned schools average 0% FRL vs 68% district-wide (68 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.2%/yr); 255 active listings in the ZIP; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 247 units permitted in Madison County in 2024 (0 in 5+ unit buildings).
• At $1,732/mo this rent would consume 48% of the median local household income ($43k/yr) (locally 1701% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Madison County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($217k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $173,150 (21.3% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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?
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: 0.79% ✗
• Cap rate: 6.72%
• Cash-on-cash: 1.53%
• DSCR: 1.07
• GRM: 10.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.19% rent growth · sell at horizon

5-year hold

• IRR: -11.8%
• Equity multiple: 0.56×
• Total profit: $-26,877
• Equity at exit: $32,803

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-717
• Equity at exit: $19,022

Cash invested: $61,600 (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 38301

• Rents YoY: 5.2%
• Active inventory: 255
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,732 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$44 /mo · $530/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $78

Break-even live

Break-even rent $1,632

Max offer price $220,000

Occupancy floor 90%

Sensitivity live

Price	-10% $203	-5% $141	+0% $78	+5% $16	+10% $-46
Rent	-10% $-58	-5% $10	+0% $78	+5% $147	+10% $215
Rate	-1.0pp $189	-0.5pp $134	base $78	+0.5pp $21	+1.0pp $-37

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 Jackson Walk Plz Jackson, TN	1.0–3.0	1.0–2.5	1082	$2,600	$2.40	45d	1	0.43mi

Listing history 24 events

1. 2026-06-21
   days on market $220,000 Active 16 DOM
2. 2026-06-19
   days on market $220,000 Active 14 DOM
3. 2026-06-18
   days on market $220,000 Active 13 DOM
4. 2026-06-17
   days on market $220,000 Active 12 DOM
5. 2026-06-16
   days on market $220,000 Active 11 DOM
6. 2026-06-15
   days on market $220,000 Active 10 DOM
7. 2026-06-14
   days on market $220,000 Active 8 DOM
8. 2026-06-13
   days on market $220,000 Active 7 DOM
9. 2026-06-10
   days on market $220,000 Active 5 DOM
10. 2026-06-09
    days on market $220,000 Active 4 DOM
11. 2026-06-08
    days on market $220,000 Active 3 DOM
12. 2026-06-07
    days on marketlisting id $220,000 Active 2 DOM
13. 2026-06-03
    days on market $220,000 Active 77 DOM
14. 2026-06-02
    days on market $220,000 Active 76 DOM
15. 2026-06-01
    days on market $220,000 Active 75 DOM
16. 2026-05-31
    days on market $220,000 Active 74 DOM
17. 2026-05-30
    days on market $220,000 Active 73 DOM
18. 2026-04-30
    price $220,000
19. 2026-04-17
    price $225,000
20. 2026-04-10
    historical $2,100
21. 2026-04-08
    price $227,500
22. 2026-03-18
    listed $229,900 Active
23. 2025-12-05
    price $2,100
24. 2025-10-21
    listed $2,200

ⓘ 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: $530 · $44/mo
• Projected year-2 tax: $1,562 · $130/mo
• Expected delta: +$1,032/yr (+$86/mo · 194.7%)

ⓘ 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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% 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: $20,778
• − Mortgage interest: −$12,323
• − Property taxes: −$530
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,662
• − Management: −$1,662
• − Depreciation: −$6,400
• Taxable loss: −$2,900
• Est. tax savings @ 24.0%: +$696
• After-tax cash flow: $1,636/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: Madison County
• NCES district ID: 4702580
• Math proficiency: 10% ▼ -11.00%
• Reading proficiency: 17% ▼ -4.00%
• Median HH income: $42,015
• Composite: 11.74/100
• National rank: #9687
• State rank: #131 of 139 in TN

Livability — Jackson

• Score: 62/100
• State rank: #216
• US rank: #16488

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jackson, TN
• County: Madison County · 87,024 people
• City population: 87,024
• Metro: Jackson, TN
• Population (ZIP): 33,536
• Household income: $43,227
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 1701.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 95,952 people
• By 2030: 94,264 · -1.8%
• By 2040: 89,607 · -6.6%
• By 2050: 84,133 · -12.3%
• By 2075: 72,215 · -24.7%
• By 2100: 62,062 · -35.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 50% White 42% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Slovak 1% Serbian 1% Portuguese 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Madison

• 2024 margin: R (+18.2) · D 40.3% · R 58.5% · Other 1.2%
• 2008→2024 swing: +3.4pp toward D · 2008: -21.6pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+12.9 2016: R+15.6 2012: R+8.9 2008: R+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -112.26%
• Current HPI: 162.2273
• Rent YoY: ▲ 5.19%
• Metro: Jackson, TN
• 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

+9900.0% since first listed

7 events — show timeline

• 2026-04-30 Price Changed $220,000 CWTAR
• 2026-04-17 Price Changed $225,000 CWTAR
• 2026-04-10 Rental Removed $2,100 BUILDIUM
• 2026-04-08 Price Changed $227,500 CWTAR
• 2026-03-18 Listed $229,900 CWTAR
• 2025-12-05 Price Changed $2,100 BUILDIUM
• 2025-10-21 Listed for Rent $2,200 BUILDIUM

Property tax history

+1863.0%/yr

Latest (2025): $530 · +1863.0% YoY. Source: county tax records.