109 Coco Ln · Lewisburg, TN 37091

$249,000

3 bd · 3.0 ba · 1,200 sqft · SingleFamily public records · 55 Days on market

Built 2016 0.26 ac lot $208/sqft · 13% below area Est $265k · 6% under

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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
• ARV discount +10.2/15.0
• DSCR +10.0/10.0
• 1% rule +8.1/10.0
• 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

Explore 109 Coco Ln, recently enhanced with fresh interior paint throughout, providing a refreshed and inviting atmosphere. The kitchen features all stainless steel appliances paired with an accent backsplash, creating a cohesive and functional space. The primary bathroom features double sinks, creating ease for morning. Outside, a deck provides an area for enjoyment, connecting to a fenced in backyard. Experience modern updates and outdoor amenities in this polished residence.

Key facts

• Outdoor amenities
• Fenced in backyard
• Accent backsplash

Tags

• STAINLESS STEEL APPLIANCES
• ACCENT BACKSPLASH
• FENCED IN BACKYARD
• OUTDOOR AMENITIES

Property features AI

Exterior

• Parking: No covered parking; No specified parking spaces
• Utilities: Public water; Public sewer; Water available
• Home design: Single family residence; One level; Residential property
• Construction: Built (existing); Other construction materials
• Exterior features: 0.26-acre lot; Lot dimensions approximately 90.03 x 124.39 feet

Interior

• Kitchen: Electric oven; Microwave; Refrigerator
• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric oven; Microwave; Refrigerator; Carpet flooring; No basement

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $249k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $249k).
• Recommended offer: $242k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.3% vs local median 3.8% 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: Oak Grove Elementary (471 students, 0% FRL); Westhills Elementary (math 29% / reading 23%, grade F, #144 of 333 statewide, top 44%, 603 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: 269 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $7k 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 $70k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 9y ago; this cycle's ask has dropped $21k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $241,530 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 1.31% ✓
• Cap rate: 11.26%
• Cash-on-cash: 17.75%
• DSCR: 1.79
• GRM: 6.4

CMA / ARV

• ARV (median comp): $264,938
• List price: $249,000
• Delta: -6.02%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
411 Elm Ave	0.13mi	3/2.0	1,200 (0%)	3mo	$289,000	$241	87
371 Elm Ave	0.07mi	3/2.0	1,200 (0%)	8mo	$275,000	$229	86
131 Isabela Dr	0.13mi	3/2.0	1,172 (-2%)	3mo	$269,900	$230	84
141 Isabela Dr	0.16mi	3/2.0	1,172 (-2%)	6mo	$259,900	$222	80
330 Hickory Cir	0.21mi	3/2.0	1,248 (+4%)	5mo	$265,000	$212	75
956 E Commerce St	0.27mi	3/2.0	1,244 (+4%)	12mo	$225,000	$181	67
155 Landon Ln	0.46mi	3/2.0	1,158 (-4%)	2mo	$255,000	$220	67
930 Oak St	0.22mi	3/2.0	1,361 (+13%)	9mo	$240,000	$176	56
301 East Ave	0.56mi	3/1.0	1,256 (+5%)	7mo	$150,000	$119	52
1080 Finley Beech Rd	0.34mi	3/2.0	1,359 (+13%)	10mo	$305,000	$224	50
100 Moriah Ave	0.33mi	3/2.0	1,050 (-12%)	12mo	$235,000	$224	49
310 Lexie Dr	0.51mi	3/2.0	1,354 (+13%)	10mo	$315,000	$233	43

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: 9.2%
• Equity multiple: 1.36×
• Total profit: $25,256
• Equity at exit: $37,127

10-year hold

• IRR: 18.4%
• Equity multiple: 2.52×
• Total profit: $106,299
• Equity at exit: $21,529

Cash invested: $69,720 (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: 269
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $3,255 medium
• Mortgage (P&I): −$1,306
• Tax from tax record: −$131 /mo · $1,575/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$684
• Net cashflow: $1,031

Break-even live

Break-even rent $1,950

Max offer price $249,000

Occupancy floor 63%

Sensitivity live

Price	-10% $1,172	-5% $1,101	+0% $1,031	+5% $961	+10% $890
Rent	-10% $774	-5% $902	+0% $1,031	+5% $1,160	+10% $1,288
Rate	-1.0pp $1,156	-0.5pp $1,094	base $1,031	+0.5pp $967	+1.0pp $901

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 2 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	45d	1	1.10mi
566 1st Ave N Lewisburg, TN	2.0	1.0	950	$2,250	$2.37	45d	1	1.41mi

Listing history 19 events

1. 2026-06-21
   days on market $249,000 Active 55 DOM
2. 2026-06-18
   days on market $249,000 Active 52 DOM
3. 2026-06-17
   days on market $249,000 Active 51 DOM
4. 2026-06-16
   days on market $249,000 Active 50 DOM
5. 2026-06-15
   days on market $249,000 Active 49 DOM
6. 2026-06-13
   pricedays on market $249,000 Active 47 DOM
7. 2026-06-09
   days on market $254,000 Active 43 DOM
8. 2026-06-08
   days on market $254,000 Active 42 DOM
9. 2026-06-07
   days on market $254,000 Active 41 DOM
10. 2026-06-03
    pricedays on market $254,000 Active 37 DOM
11. 2026-06-02
    days on market $270,000 Active 36 DOM
12. 2026-06-01
    days on market $270,000 Active 35 DOM
13. 2026-05-31
    days on market $270,000 Active 34 DOM
14. 2026-04-27
    listed $270,000 Active 482-char remark
15. 2026-04-09
    soldstatus $255,600
16. 2017-10-13
    historical
17. 2017-08-15
    listed $149,900 Active
18. 2016-12-01
    soldstatus $113,342
19. 2009-11-19
    soldstatus $101,691

ⓘ 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: $1,575 · $131/mo
• Projected year-2 tax: $1,768 · $147/mo
• Expected delta: +$193/yr (+$16/mo · 12.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 14% 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: $39,065
• − Mortgage interest: −$13,948
• − Property taxes: −$1,575
• − Insurance: −$1,245
• − Repairs & maintenance: −$3,125
• − Management: −$3,125
• − Depreciation: −$7,244
• Taxable income: $8,803
• Est. tax owed @ 24.0%: −$2,113
• After-tax cash flow: $10,259/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

+144.9% since first listed

8 events — show timeline

• 2026-06-11 Price Changed $249,000 REALTRACS as Distributed by MLS Grid
• 2026-06-02 Price Changed $254,000 REALTRACS as Distributed by MLS Grid
• 2026-04-27 Listed $270,000 REALTRACS as Distributed by MLS Grid
• 2026-04-09 Sold (Public Records) $255,600 Public Records
• 2017-10-13 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2017-08-15 Listed $149,900 REALTRACS as Distributed by MLS Grid
• 2016-12-01 Sold (Public Records) $113,342 Public Records
• 2009-11-19 Sold (Public Records) $101,691 Public Records

Property tax history

+27.9%/yr

Latest (2025): $1,575 · +8.0% YoY. Source: county tax records.