1111 Jarvis Ave · Chattanooga, TN 37411

$157,500

3 bd · 1.0 ba · 1,134 sqft · SingleFamily public records · 143 Days on market

Built 1945 0.31 ac lot Est $211k · 25% under

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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 +21.1/30.0
• ARV discount +15.0/15.0
• DSCR +6.7/10.0
• 1% rule +4.3/10.0
• Livability +3.9/5.0
• Rent growth +2.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Calling all investors, currently rented for $1,300 per month (below market) with fifteen year tenant and is Section 8 qualified. Three bedroom, one bath bungalow, all one level, open living and eat-in kitchen. Roof in 2017, regular maintenance on the HVAC, mature lot and trees. Super convenient location offers tons of potential for income and equity growth in the future, grab this unique opportunity, with instant cash flow. * * * * PLEASE DO NOT DISTURB TENANT * * * *

Key facts

• 0.31 acre lot
• Built 1945
• Listed 143 days

Property features AI

Exterior

• Parking: Driveway; Off-street parking
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single-family house; One level; Residential property
• Construction: Built with stucco exterior; Shingle roof; Block foundation
• Exterior features: Covered patio and porch

Interior

• Kitchen: Refrigerator; Microwave; Electric Range
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Eat-in kitchen; Open floorplan
• Laundry & utility: Washer hookup; Electric dryer hookup

🏷️ Possibly a rental listed for sale. The $157,500 price doesn't fit this home's estimated sale value (~$210,924) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $158k.

Deal economics

• At list price, monthly cash flow is $224 ($3k/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 $146k (7.5% below list).
• Recommended offer: $139k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% 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: Hardy Elementary School (math 8% / reading 2%, grade F, #896 of 952 statewide, top 96%, 435 students, 0% FRL); Dalewood Middle School (math 7% / reading 7%, grade F, #278 of 333 statewide, top 85%, 258 students, 0% FRL); Brainerd High School (math 2% / reading 12%, grade F, #294 of 332 statewide, top 91%, 635 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.
• Zoned-school proficiency averages 6% at this address vs 31% district-wide (-25 pts) — the specific schools serving this property underperform the Hamilton County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 127 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,133 units permitted in Hamilton County in 2024 (405 in 5+ unit buildings).
• This rent runs 31% of the median local income ($57k/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 $1k of loan paydown is wiped out by about $5k 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

• It's been on market 143 days — a 12% lower offer ($139k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $27k; list at $158k implies a 477% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $138,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
6. 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?
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: 0.93% ✗
• Cap rate: 8.00%
• Cash-on-cash: 6.09%
• DSCR: 1.27
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $210,924
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3204 Hoyt St	0.17mi	3/1.0	1,100 (-3%)	3mo	$205,000	$186	85
1117 Belmeade Ave	0.06mi	2/1.0 (-1)	1,167 (+3%)	4mo	$185,000	$159	84
1014 Jarvis Ave	0.09mi	3/2.0	1,176 (+4%)	9mo	$165,000	$140	78
1121 Orangewood Ave	0.29mi	3/1.0	1,213 (+7%)	6mo	$100,000	$82	70
3604 Wilcox Blvd	0.45mi	3/1.0	1,184 (+4%)	4mo	$145,000	$122	68
1417 Tunnel Blvd	0.29mi	2/1.0 (-1)	1,080 (-5%)	9mo	$100,000	$93	66
1000 Belmeade Ave	0.18mi	3/2.0	1,242 (+10%)	11mo	$255,000	$205	63
825 Greenwood Rd	0.30mi	3/1.0	1,040 (-8%)	17mo	$155,000	$149	58
1112 Overlook Ave	0.32mi	3/2.0	1,288 (+14%)	18mo	$265,000	$206	43
1028 Overlook Ave	0.33mi	3/2.5	1,300 (+15%)	17mo	$265,000	$204	40
944 Shallowford Rd	0.46mi	3/2.5	1,300 (+15%)	13mo	$297,000	$228	37
1905 Parkway Dr	0.72mi	3/2.5	1,267 (+12%)	22mo	$250,000	$197	22

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: -9.2%
• Equity multiple: 0.67×
• Total profit: $-14,597
• Equity at exit: $23,484

10-year hold

• IRR: -2.8%
• Equity multiple: 0.83×
• Total profit: $-7,428
• Equity at exit: $13,618

Cash invested: $44,100 (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 37411

• Rents YoY: 0.7%
• Active inventory: 127
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,457 high
• Mortgage (P&I): −$826
• Tax from tax record: −$36 /mo · $429/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $224

Break-even live

Break-even rent $1,174

Max offer price $157,500

Occupancy floor 80%

Sensitivity live

Price	-10% $313	-5% $268	+0% $224	+5% $179	+10% $135
Rent	-10% $109	-5% $166	+0% $224	+5% $281	+10% $339
Rate	-1.0pp $303	-0.5pp $264	base $224	+0.5pp $183	+1.0pp $141

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: $39,375
• Closing costs: $4,725
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1203 Rockway Dr Unit 2 Chattanooga, TN	2.0	1.0	940	$1,250	$1.33	14d	1	0.07mi
1205 Tunnel Blvd Chattanooga, TN	3.0	1.0	1044	$1,350	$1.29	24d	1	0.13mi
925 Shallowford Rd Chattanooga, TN	1.0–2.0	1.0	720	$950	$1.32	24d	3	0.39mi
822 Gillespie Rd Chattanooga, TN	2.0	1.0	1000	$1,550	$1.55	14d	1	0.48mi
1635 Dogwood Dr Chattanooga, TN	3.0	1.0	1024	$1,600	$1.56	14d	1	0.56mi
802 Aubrey Ave Unit 1 Chattanooga, TN	3.0	1.5	1248	$1,495	$1.20	14d	1	0.60mi
907 Sylvan Dr Chattanooga, TN	3.0	2.0	1248	$1,495	$1.20	24d	1	0.64mi
619 Shannon Ave Chattanooga, TN	2.0	1.0	962	$1,250	$1.30	24d	1	0.70mi
719 Belle Vista Ave Chattanooga, TN	3.0	1.0	840	$1,299	$1.55	22d	1	0.72mi
3911 Wilsonia Ave Chattanooga, TN	3.0	1.5	1143	$1,395	$1.22	24d	1	0.72mi
3916 Blanchard St Chattanooga, TN	3.0	2.0	1056	$1,445	$1.37	24d	1	0.75mi
3518 Ridgeside Rd Chattanooga, TN	4.0	2.0	1409	$1,375	$0.98	24d	1	0.78mi
2709 Citico Ave Chattanooga, TN	2.0–3.0	1.0	1038	$1,400	$1.35	24d	1	0.83mi
3715 Rollingwood Dr Chattanooga, TN	3.0	1.5	1200	$1,400	$1.17	24d	1	0.99mi
3301 Pinewood Ave Chattanooga, TN	2.0	1.0	900	$1,094	$1.22	24d	3	1.04mi
310 Gillespie Rd Chattanooga, TN	2.0	1.0	1225	$1,650	$1.35	24d	1	1.08mi
210 Buena Vista Dr Unit 4 Chattanooga, TN	2.0	1.5	1500	$1,495	$1.00	24d	1	1.09mi
1237 Wheeler Ave Unit B Chattanooga, TN	2.0	1.0	845	$1,125	$1.33	24d	1	1.12mi
2323 Green Forest Dr Chattanooga, TN	2.0	2.5	1404	$1,750	$1.25	14d	1	1.16mi
1706 Wheeler Ave Chattanooga, TN	3.0	1.0	1317	$1,625	$1.23	24d	1	1.16mi
300 Crestway Dr Chattanooga, TN	2.0	1.0	1164	$1,675	$1.44	14d	1	1.20mi
111 N Seminole Dr Chattanooga, TN	4.0	2.0	1500	$2,200	$1.47	24d	1	1.20mi
1601 Arlington Ave Chattanooga, TN	3.0	1.0	1416	$1,650	$1.17	14d	1	1.22mi
30 Woodlawn Dr Unit C Chattanooga, TN	2.0	2.0	1000	$1,200	$1.20	24d	1	1.23mi
2305 Citico Ave Unit A Chattanooga, TN	2.0	1.0	748	$1,095	$1.46	14d	1	1.25mi
708 Henderson Dr Chattanooga, TN	3.0	1.0	1100	$1,250	$1.14	14d	1	1.25mi
1707 Arlington Ave Unit B Chattanooga, TN	2.0	1.0	760	$1,000	$1.32	24d	1	1.26mi
745 Henderson Dr Chattanooga, TN	3.0	2.0	1275	$1,495	$1.17	24d	1	1.28mi
2105 Rawlings St Chattanooga, TN	3.0	1.0	1064	$1,300	$1.22	14d	1	1.40mi
2113 Ocoee St Unit 2113 Chattanooga, TN	2.0	1.0	780	$950	$1.22	24d	1	1.40mi
1409 Bradt St Chattanooga, TN	3.0	1.0	960	$1,275	$1.33	24d	1	1.45mi
2011 Milne St Unit b Chattanooga, TN	3.0	1.0	976	$1,345	$1.38	14d	1	1.46mi
2009 Camden St Chattanooga, TN	3.0	1.5	1148	$1,450	$1.26	24d	1	1.47mi
1310 Roanoke Ave Chattanooga, TN	2.0	1.0	792	$1,350	$1.70	24d	1	1.48mi
2420 Vine St Chattanooga, TN	3.0	1.0	1260	$1,800	$1.43	24d	1	1.49mi

Listing history 18 events

1. 2026-06-18
   days on market $157,500 Active 143 DOM
2. 2026-06-17
   days on market $157,500 Active 142 DOM
3. 2026-06-16
   days on market $157,500 Active 141 DOM
4. 2026-06-15
   days on market $157,500 Active 140 DOM
5. 2026-06-14
   days on market $157,500 Active 138 DOM
6. 2026-06-10
   days on market $157,500 Active 135 DOM
7. 2026-06-09
   days on market $157,500 Active 134 DOM
8. 2026-06-08
   days on market $157,500 Active 133 DOM
9. 2026-06-07
   days on market $157,500 Active 132 DOM
10. 2026-06-05
    days on market $157,500 Active 129 DOM
11. 2026-06-03
    days on market $157,500 Active 128 DOM
12. 2026-06-02
    days on market $157,500 Active 127 DOM
13. 2026-06-01
    days on market $157,500 Active 126 DOM
14. 2026-05-31
    days on market $157,500 Active 125 DOM
15. 2026-05-30
    days on market $157,500 Active 124 DOM
16. 2026-01-26
    listed $157,500 Active
17. 1987-01-06
    soldstatus $27,280
18. 1980-06-18
    soldstatus $27,280

ⓘ 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: $429 · $36/mo
• Projected year-2 tax: $1,118 · $93/mo
• Expected delta: +$689/yr (+$57/mo · 160.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,486
• − Mortgage interest: −$8,822
• − Property taxes: −$429
• − Insurance: −$788
• − Repairs & maintenance: −$1,399
• − Management: −$1,399
• − Depreciation: −$4,582
• Taxable income: $67
• Est. tax owed @ 24.0%: −$16
• After-tax cash flow: $2,670/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): 18,997
• Household income: $56,579
• Rent vs Own: 38.9% rent · 61.1% own
• Severe rent burden: 685.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Black 48% White 37% Hispanic / Latino 8% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Italian 2% Slovak 2% Romanian 1%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 6% Arabic 0%

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: ▼ -190.85%
• Current HPI: 240.2557
• Rent YoY: ▲ 0.73%
• 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

+477.3% since first listed

3 events — show timeline

• 2026-01-26 Listed $157,500 GCAR
• 1987-01-06 Sold (Public Records) $27,280 Public Records
• 1980-06-18 Sold (Public Records) $27,280 Public Records

Property tax history

+3.2%/yr

Latest (2025): $429 · +39.4% YoY. Source: county tax records.