119 Washington Ave · Camden, TN 38320

$40,000

1 bd · 1.0 ba · 624 sqft · SingleFamily public records · 2 Days on market

Built 1980 1.40 ac 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Investment Opportunity on 1.4 Acres in Camden, TN! Situated on a beautiful 1.4-acre lot, this approximately 624 sq. ft. home offers excellent potential for investors, renovators, or buyers looking for a project in a highly desirable location. The existing home features 1 bedroom and 1 bathroom and is being sold as-is, making it an ideal opportunity for renovation, redevelopment, or a future homesite. The property features a long private driveway, a flat and highly usable yard, and an established garden area already in place with fruit trees! A natural tree line provides privacy and helps buffer road noise, creating a peaceful setting that's hard to find while still being close to town. Ele

Key facts

• 1.4 acres
• Natural tree line
• Private driveway

Tags

• 1.4 ACRES
• PRIVATE DRIVEWAY
• FLAT YARD
• ESTABLISHED GARDEN
• NATURAL TREE LINE
• ELECTRICITY AVAILABLE

Property features AI

Finance

• HOA & community: Pets allowed

Exterior

• Parking: 4 total parking spaces (all open, no covered spaces)
• Utilities: Public water; Public sewer; Water available
• Home design: Single family residence; One story; Facing information not provided; Residential property
• Construction: Vinyl siding exterior; Slab foundation; Existing construction (year built not specified)
• Exterior features: Level lot

Interior

• Kitchen: Electric oven; Refrigerator
• Bedrooms: 1 bedroom (main level)
• Flooring: Concrete
• Bathrooms: 1 full bathroom
• Heating & cooling: No heating listed; No cooling listed
• Interior features: Electric oven; Refrigerator; Concrete flooring

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $40k).

Location & tenants

• Location reads 66/100 on livability (#133 in TN) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, employment D, amenities F.
• Benton County (town): math 31% / reading 28% proficiency, ranked #66 of 139 in TN (top 48%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Camden Elementary (473 students, 0% FRL); Camden Central High School (math 8% / reading 37%, grade F, #156 of 332 statewide, top 49%, 521 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 112 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 6 units permitted in Benton County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $277 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Benton County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $12k; list at $40k implies a 220% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $40,000

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 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?
3. 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?
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: 4.33% ✓
• Cap rate: 40.12%
• Cash-on-cash: 120.82%
• DSCR: 6.38
• GRM: 1.9

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: —
• Equity multiple: 6.83×
• Total profit: $65,345
• Equity at exit: $5,964

10-year hold

• IRR: —
• Equity multiple: 14.34×
• Total profit: $149,401
• Equity at exit: $3,458

Cash invested: $11,200 (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 38320

• Home prices YoY: -6.5%
• Active inventory: 112
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $1,732 medium
• Mortgage (P&I): −$210
• Tax from tax record: −$14 /mo · $170/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $1,128

Break-even live

Break-even rent $305

Max offer price $40,000

Occupancy floor 30%

Sensitivity live

Price	-10% $1,150	-5% $1,139	+0% $1,128	+5% $1,116	+10% $1,105
Rent	-10% $991	-5% $1,059	+0% $1,128	+5% $1,196	+10% $1,265
Rate	-1.0pp $1,148	-0.5pp $1,138	base $1,128	+0.5pp $1,117	+1.0pp $1,107

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
174 Schools Dr Camden, TN	1.0	1.0	600	$1,732	$2.89	24d	1	1.12mi

Listing history 3 events

1. 2026-06-21
   statusdays on market $40,000 Active 2 DOM
2. 2026-06-18
   remarks 699-char remark
3. 2026-06-18
   listed $40,000 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: $170 · $14/mo
• Projected year-2 tax: $284 · $24/mo
• Expected delta: +$114/yr (+$10/mo · 67.1%)

ⓘ 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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,784
• − Mortgage interest: −$2,241
• − Property taxes: −$170
• − Insurance: −$200
• − Repairs & maintenance: −$1,663
• − Management: −$1,663
• − Depreciation: −$1,164
• Taxable income: $13,684
• Est. tax owed @ 24.0%: −$3,284
• After-tax cash flow: $10,248/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: Benton County
• NCES district ID: 4700240
• Math proficiency: 31% ▼ -8.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $33,587
• Composite: 24.24/100
• National rank: #7722
• State rank: #66 of 139 in TN

Livability — Camden

• Score: 66/100
• State rank: #133
• US rank: #12196

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Camden, TN
• Population (ZIP): 10,470

Population outlook (Benton County) Hauer SSP2

• Today (2025): 15,046 people
• By 2030: 14,425 · -4.1%
• By 2040: 13,296 · -11.6%
• By 2050: 12,298 · -18.3%
• By 2075: 10,347 · -31.2%
• By 2100: 8,594 · -42.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 3% Hispanic / Latino 2% Black 2% Asian 1%
• Common ancestry: Lithuanian 3% Italian 3% Slovak 2%
• Foreign-born: 2% · China
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Benton

• 2024 margin: Solid R (+62.9) · D 18.1% · R 81.1%
• 2008→2024 swing: -46.7pp toward R · 2008: -16.2pp · 2024: -62.9pp
• All cycles: 2024: R+62.9 2020: R+57.0 2016: R+51.3 2012: R+25.6 2008: R+16.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.25%
• Current HPI: 233.3477
• 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

+566.7% since first listed

5 events — show timeline

• 2026-06-18 Price Changed $40,000 REALTRACS as Distributed by MLS Grid
• 2026-06-18 Coming Soon $45,000 REALTRACS as Distributed by MLS Grid
• 2014-08-04 Sold (Public Records) $12,500 Public Records
• 2013-01-07 Sold (Public Records) $12,500 Public Records
• 2010-10-29 Sold (Public Records) $6,000 Public Records

Property tax history

+0.4%/yr

Latest (2025): $170 · +27.8% YoY. Source: county tax records.