124 Browning Rd · Telford, TN 37690

$124,900

3 bd · 2.0 ba · 1,336 sqft · SingleFamily · 6 Days on market

Built 1996 Poor condition 0.51 ac lot Est $227k · 45% 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 +20.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +5.4/10.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Livability +2.4/5.0
• Appreciation +2.3/10.0
• Condition / age +1.0/5.0

Listing remarks

Opportunity awaits at 124 Browning Road in Telford! Situated on a spacious lot in a peaceful country setting, this 3-bedroom, 2-bath manufactured home offers excellent potential for investors, flippers, or buyers looking to renovate and make it their own. The property includes a small metal outbuilding for additional storage and is conveniently located just a short drive from Jonesborough and Johnson City. The home is being sold as-is and will require repairs and updates, presenting a great chance to add value and customize to your needs. If you've been searching for an affordable property with upside potential and room to create your vision, don't miss this opportunity. Cash or renovation

Key facts

• 0.51 acre lot
• Built 1996
• Listed 5 days

Property features AI

Finance

• Other: Zoning: A-1; Lot dimensions approximately 100 x 225 (about 0.51 acres)
• Financial info: Investor or income details not specified
• HOA & community: No subdivision (Not In Subdivision)

Exterior

• Parking: Parking details: See remarks
• Security: Security details not specified
• Utilities: Public water; Electricity available; Water service available
• Home design: Manufactured house (single wide); Single family residence; Facing direction not specified; Stories/entry level not specified
• Construction: Aluminum siding; Pillar/post/pier foundation; Built year not specified
• Exterior features: Metal roof; Shed(s) on the property; Property sits on a sloped lot

Interior

• Kitchen: Appliances not specified
• Bedrooms: Bedrooms not specified
• Flooring: Flooring details not specified
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump for heating and cooling
• Interior features: Total of 4 rooms; Fixer condition
• Laundry & utility: Laundry details not specified

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $160 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Cap rate 7.8% vs local median 2.7% in Telford — 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 47/100 on livability (#422 in TN) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: amenities F, commute F, employment F.
• Washington County (suburban): math 26% / reading 34% proficiency, ranked #54 of 139 in TN (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: West View School (math 11% / reading 23%, grade F, #709 of 952 statewide, top 77%, 311 students, 0% FRL); David Crockett High School (math 25% / reading 39%, grade F, #56 of 332 statewide, top 20%, 1,181 students, 0% FRL) — zoned schools average 0% FRL vs 41% district-wide (41 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 23 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,155 units permitted in Washington County in 2024 (437 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Washington County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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. 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: 1.04% ✓
• Cap rate: 7.83%
• Cash-on-cash: 5.49%
• DSCR: 1.24
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $227,120
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
344 Roy Green Road Rd	0.61mi	3/2.0	1,320 (-1%)	20mo	$225,000	$170	53
502 Telford New Victory Rd	0.35mi	3/2.0	1,152 (-14%)	11mo	$239,900	$208	52
174 Telford School Rd	0.61mi	2/2.0 (-1)	1,452 (+9%)	3mo	$107,500	$74	50

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: -7.8%
• Equity multiple: 0.71×
• Total profit: $-10,036
• Equity at exit: $18,623

10-year hold

• IRR: 1.8%
• Equity multiple: 1.13×
• Total profit: $4,454
• Equity at exit: $10,799

Cash invested: $34,972 (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 37690

• Home prices YoY: -1.9%
• Active inventory: 23
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,295 medium
• Mortgage (P&I): −$655
• Tax est. 1.5%: −$156 /mo · $1,874/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $160

Break-even live

Break-even rent $1,093

Max offer price $124,900

Occupancy floor 83%

Sensitivity live

Price	-10% $246	-5% $203	+0% $160	+5% $117	+10% $74
Rent	-10% $58	-5% $109	+0% $160	+5% $211	+10% $262
Rate	-1.0pp $223	-0.5pp $192	base $160	+0.5pp $128	+1.0pp $95

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
111 Greenfields Dr Jonesborough, TN	3.0	2.0	1200	$1,295	$1.08	21d	1	1.01mi

Listing history 7 events

1. 2026-06-19
   days on market $124,900 Active 6 DOM
2. 2026-06-18
   days on market $124,900 Active 5 DOM
3. 2026-06-17
   days on market $124,900 Active 4 DOM
4. 2026-06-16
   days on market $124,900 Active 3 DOM
5. 2026-06-15
   days on market $124,900 Active 2 DOM
6. 2026-06-14
   remarks 699-char remark
7. 2026-06-14
   listed $124,900 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,540
• − Mortgage interest: −$6,996
• − Property taxes: −$1,874
• − Insurance: −$624
• − Repairs & maintenance: −$1,243
• − Management: −$1,243
• − Depreciation: −$3,633
• Taxable loss: −$74
• Est. tax savings @ 24.0%: +$18
• After-tax cash flow: $1,937/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.

Condition & rehab AI · 12 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and updates to bring it up to a livable condition. Significant investment is needed to improve the home's condition and increase its value.

Repairs flagged

• Major Exposed subfloor — Structural damage
• Major Missing countertops — Aesthetic and functionality
• Major Rusty metal roof — Structural integrity
• Major Weathered siding — Aesthetic and weather resistance
• Major Worn paint — Aesthetic appeal
• Major Overgrown vegetation — Curb appeal

Value-add opportunities

• Resale New countertops and cabinets — Modernizes kitchen and increases functionality
• Resale New flooring — Improves aesthetic and durability
• Resale New roof — Enhances structural integrity and longevity
• Resale New siding — Improves aesthetic and weather resistance
• Resale Paint job — Enhances aesthetic appeal
• Resale Landscaping — Enhances curb appeal and property value
• Rental HVAC system — Improves comfort and tenant satisfaction

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exposed subfloor · Structural damage	Major	$15,000–50,000
Missing countertops · Aesthetic and functionality	Major	$15,000–50,000
Rusty metal roof · Structural integrity	Major	$15,000–50,000
Weathered siding · Aesthetic and weather resistance	Major	$15,000–50,000
Worn paint · Aesthetic appeal	Major	$15,000–50,000
Overgrown vegetation · Curb appeal	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Resale New countertops and cabinets — Modernizes kitchen and increases functionality ↑
• Resale New flooring — Improves aesthetic and durability ↑
• Resale New roof — Enhances structural integrity and longevity ↑
• Resale New siding — Improves aesthetic and weather resistance ↑
• Resale Paint job — Enhances aesthetic appeal ↑
• Resale Landscaping — Enhances curb appeal and property value ↑
• Rental HVAC system — Improves comfort and tenant satisfaction ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Washington County
• NCES district ID: 4704380
• Math proficiency: 26% ▼ -21.00%
• Reading proficiency: 34% ▼ -11.00%
• Median HH income: $46,542
• Composite: 25.85/100
• National rank: #7350
• State rank: #54 of 139 in TN

Livability — Telford

• Score: 47/100
• State rank: #422
• US rank: #26284

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 4,720
• Population (ZIP): 4,720

Population outlook (Washington County) Hauer SSP2

• Today (2025): 132,816 people
• By 2030: 135,823 · +2.3%
• By 2040: 140,897 · +6.1%
• By 2050: 145,073 · +9.2%
• By 2075: 156,386 · +17.7%
• By 2100: 159,893 · +20.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 8% Two or more races 6% Native American 2%
• Hispanic origin (detail): Mexican 6% Dominican 2%
• Common ancestry: Italian 4% Iranian 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 6%

Political lean MEDSL · Washington

• 2024 margin: Solid R (+39.5) · D 29.6% · R 69.1% · Other 1.3%
• 2008→2024 swing: -6.0pp toward R · 2008: -33.5pp · 2024: -39.5pp
• All cycles: 2024: R+39.5 2020: R+36.2 2016: R+42.9 2012: R+38.5 2008: R+33.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -5.37%
• Current HPI: 277.4262
• 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

1 event — show timeline

• 2026-06-11 Listed $124,900 TVRMLS