925 Lola Ln · Kingsport, TN 37663

$249,900

4 bd · 2.5 ba · 1,605 sqft · SingleFamily public records · 19 Days on market

Built 2023 Good condition 1,306 sqft lot Est $260k · at est. $110/mo HOA · 4% of rent

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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 +20.2/30.0
• ARV discount +9.2/15.0
• DSCR +6.4/10.0
• 1% rule +5.2/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Mitchell townhome is an END UNIT featuring 2 story, 1 car garage home with 4 Bedrooms and 2 1/2 bathrooms. This spacious exterior unit has 1,554 SQFT home is part of the Express Series, which features 8' Ceilings, Smart Home Capabilities, Mohawk Revwood flooring, Whirlpool® Stainless Steel standard freestanding smooth top range, Whirlpool® Stainless Steel built-in dishwasher, Whirlpool® Stainless Steel microwave, Walk-In Closets, Granite counter tops with tile backsplash, 36'' Birchwood shaker style cabinets, energy efficient and more! Enjoy living with the country feel yet close to shopping, grocery stores, and medical assistance. Short drive to Schools, Cherokee Lake, Boone Lake, Fort Patrick Henry Lake, Bays Mountain, kayaking, hiking as well as Kingsport, Gray, Bristol, Johnson City, and Rogersville. Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. This home is currently under construction.

Key facts

• Glass shower doors
• Mitchell floor plan
• Granite countertops

Tags

• MITCHELL FLOOR PLAN
• OPEN-CONCEPT LAYOUT
• GRANITE COUNTERTOPS
• TILE BACKSPLASH
• BIRCH SHAKER CABINETRY
• GLASS SHOWER DOORS

Property features AI

Finance

• HOA & community: Homeowners association with monthly fee; HOA fee $110 monthly; HOA provides landscaping

Exterior

• Parking: Garage(s)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Townhouse; Residential single-family residence; Subdivision: Birdwell
• Construction: Vinyl siding; Asphalt shingle roof
• Exterior features: Privacy fencing; Cleared lot

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Microwave; Refrigerator
• Flooring: Carpet
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Heat pump; Ceiling fan(s)
• Interior features: Eat-in kitchen; Granite counters; Kitchen island; Open floorplan; Double pane windows; Smoke detector(s)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $250k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $314 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $246k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 3.8% in Kingsport — 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 71/100 on livability (#39 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities C-, crime F, commute F.
• Kingsport (urban): math 35% / reading 38% proficiency, ranked #26 of 139 in TN (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: John Adams Elementary School (math 59% / reading 47%, grade C, #103 of 952 statewide, top 11%, 453 students, 0% FRL); Ross N. Robinson Middle School (math 42% / reading 40%, grade F, #37 of 333 statewide, top 12%, 955 students, 0% FRL); Dobyns - Bennett High School (math 23% / reading 56%, grade F, #28 of 332 statewide, top 9%, 2,514 students, 0% FRL) — zoned schools average 0% FRL vs 47% district-wide (47 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 99 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 453 units permitted in Sullivan County in 2024 (6 in 5+ unit buildings).
• This rent runs 40% of the median local income ($76k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Sullivan County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago 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.

Recommended offer $246,151 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.02% ✓
• Cap rate: 7.80%
• Cash-on-cash: 5.39%
• DSCR: 1.24
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $260,010
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
972 Lola Ln	0.06mi	4/2.5	1,554 (-3%)	16mo	$2,100	$1	79
709 Newtons Way	0.05mi	3/2.5 (-1)	1,749 (+9%)	14mo	$307,000	$176	66
473 Cox Hollow Rd	0.25mi	3/2.5 (-1)	1,466 (-9%)	10mo	$297,000	$203	60
481 Cox Hollow Rd	0.23mi	3/2.5 (-1)	1,466 (-9%)	11mo	$300,000	$205	60
725 Newtons Way Way	0.05mi	3/2.5 (-1)	1,749 (+9%)	24mo	$283,610	$162	58
741 Newtons Way Way	0.07mi	3/2.5 (-1)	1,749 (+9%)	23mo	$287,485	$164	58
547 Cox Hollow Rd Rd	0.09mi	4/2.5	1,821 (+14%)	20mo	$292,500	$161	57
730 Newtons Way Way	0.03mi	4/2.5	1,829 (+14%)	23mo	$283,985	$155	56
742 Newtons Way Way	0.06mi	4/2.5	1,829 (+14%)	23mo	$286,160	$156	55
733 Newtons Way Way	0.06mi	4/2.5	1,821 (+14%)	24mo	$291,535	$160	55
738 Newtons Way Way	0.04mi	3/2.5 (-1)	1,414 (-12%)	23mo	$257,880	$182	54

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: -7.9%
• Equity multiple: 0.71×
• Total profit: $-20,452
• Equity at exit: $37,261

10-year hold

• IRR: 1.6%
• Equity multiple: 1.12×
• Total profit: $8,047
• Equity at exit: $21,607

Cash invested: $69,972 (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 37663

• Home prices YoY: -26.1%
• Active inventory: 99
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,540 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$168 /mo · $2,014/yr
• Insurance: −$104
• HOA: −$110
• Vacancy / Maint / Mgmt: −$533
• Net cashflow: $314

Break-even live

Break-even rent $2,142

Max offer price $249,900

Occupancy floor 83%

Sensitivity live

Price	-10% $456	-5% $385	+0% $314	+5% $244	+10% $173
Rent	-10% $114	-5% $214	+0% $314	+5% $415	+10% $515
Rate	-1.0pp $440	-0.5pp $378	base $314	+0.5pp $250	+1.0pp $184

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
702 Newtons Way Kingsport, TN	4.0	2.5	2174	$2,270	$1.04	14d	1	0.04mi
467 Cox Hollow Rd Kingsport, TN	4.0	2.5	1821	$2,400	$1.32	14d	1	0.26mi

HOA detail

• Monthly dues: $110 · $1,320/yr
• Likely covers: pool

Listing history 20 events

1. 2026-06-17
   days on market $249,900 Active 19 DOM
2. 2026-06-16
   days on market $249,900 Active 18 DOM
3. 2026-06-15
   days on market $249,900 Active 17 DOM
4. 2026-06-14
   days on market $249,900 Active 15 DOM
5. 2026-06-13
   days on market $249,900 Active 14 DOM
6. 2026-06-10
   days on market $249,900 Active 12 DOM
7. 2026-06-09
   days on market $249,900 Active 11 DOM
8. 2026-06-08
   days on market $249,900 Active 10 DOM
9. 2026-06-07
   days on market $249,900 Active 9 DOM
10. 2026-06-05
    days on market $249,900 Active 6 DOM
11. 2026-06-03
    days on market $249,900 Active 5 DOM
12. 2026-06-02
    days on market $249,900 Active 4 DOM
13. 2026-06-01
    days on market $249,900 Active 3 DOM
14. 2026-05-31
    days on market $249,900 Active 2 DOM
15. 2026-05-29
    listed $249,900 Active
16. 2023-12-21
    soldstatus $245,645 Closed 1068-char remark

    Show marketing remark (1068 chars)

    The Mitchell townhome is an END UNIT featuring 2 story, 1 car garage home with 4 Bedrooms and 2 1/2 bathrooms. This spacious exterior unit has 1,554 SQFT home is part of the Express Series, which features 8' Ceilings, Smart Home Capabilities, Mohawk Revwood flooring, Whirlpool® Stainless Steel standard freestanding smooth top range, Whirlpool® Stainless Steel built-in dishwasher, Whirlpool® Stainless Steel microwave, Walk-In Closets, Granite counter tops with tile backsplash, 36'' Birchwood shaker style cabinets, energy efficient and more! Enjoy living with the country feel yet close to shopping, grocery stores, and medical assistance. Short drive to Schools, Cherokee Lake, Boone Lake, Fort Patrick Henry Lake, Bays Mountain, kayaking, hiking as well as Kingsport, Gray, Bristol, Johnson City, and Rogersville. Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. This home is currently under construction.

17. 2023-09-01
    historical Active Under Contract 1068-char remark

    Show marketing remark (1068 chars)

    The Mitchell townhome is an END UNIT featuring 2 story, 1 car garage home with 4 Bedrooms and 2 1/2 bathrooms. This spacious exterior unit has 1,554 SQFT home is part of the Express Series, which features 8' Ceilings, Smart Home Capabilities, Mohawk Revwood flooring, Whirlpool® Stainless Steel standard freestanding smooth top range, Whirlpool® Stainless Steel built-in dishwasher, Whirlpool® Stainless Steel microwave, Walk-In Closets, Granite counter tops with tile backsplash, 36'' Birchwood shaker style cabinets, energy efficient and more! Enjoy living with the country feel yet close to shopping, grocery stores, and medical assistance. Short drive to Schools, Cherokee Lake, Boone Lake, Fort Patrick Henry Lake, Bays Mountain, kayaking, hiking as well as Kingsport, Gray, Bristol, Johnson City, and Rogersville. Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. This home is currently under construction.

18. 2023-08-01
    historical 1068-char remark

    Show marketing remark (1068 chars)

    The Mitchell townhome is an END UNIT featuring 2 story, 1 car garage home with 4 Bedrooms and 2 1/2 bathrooms. This spacious exterior unit has 1,554 SQFT home is part of the Express Series, which features 8' Ceilings, Smart Home Capabilities, Mohawk Revwood flooring, Whirlpool® Stainless Steel standard freestanding smooth top range, Whirlpool® Stainless Steel built-in dishwasher, Whirlpool® Stainless Steel microwave, Walk-In Closets, Granite counter tops with tile backsplash, 36'' Birchwood shaker style cabinets, energy efficient and more! Enjoy living with the country feel yet close to shopping, grocery stores, and medical assistance. Short drive to Schools, Cherokee Lake, Boone Lake, Fort Patrick Henry Lake, Bays Mountain, kayaking, hiking as well as Kingsport, Gray, Bristol, Johnson City, and Rogersville. Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. This home is currently under construction.

19. 2023-07-26
    historical Active Under Contract 1068-char remark

    Show marketing remark (1068 chars)

    The Mitchell townhome is an END UNIT featuring 2 story, 1 car garage home with 4 Bedrooms and 2 1/2 bathrooms. This spacious exterior unit has 1,554 SQFT home is part of the Express Series, which features 8' Ceilings, Smart Home Capabilities, Mohawk Revwood flooring, Whirlpool® Stainless Steel standard freestanding smooth top range, Whirlpool® Stainless Steel built-in dishwasher, Whirlpool® Stainless Steel microwave, Walk-In Closets, Granite counter tops with tile backsplash, 36'' Birchwood shaker style cabinets, energy efficient and more! Enjoy living with the country feel yet close to shopping, grocery stores, and medical assistance. Short drive to Schools, Cherokee Lake, Boone Lake, Fort Patrick Henry Lake, Bays Mountain, kayaking, hiking as well as Kingsport, Gray, Bristol, Johnson City, and Rogersville. Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. This home is currently under construction.

20. 2023-07-13
    listed $246,645 Active 1068-char remark

    Show marketing remark (1068 chars)

    The Mitchell townhome is an END UNIT featuring 2 story, 1 car garage home with 4 Bedrooms and 2 1/2 bathrooms. This spacious exterior unit has 1,554 SQFT home is part of the Express Series, which features 8' Ceilings, Smart Home Capabilities, Mohawk Revwood flooring, Whirlpool® Stainless Steel standard freestanding smooth top range, Whirlpool® Stainless Steel built-in dishwasher, Whirlpool® Stainless Steel microwave, Walk-In Closets, Granite counter tops with tile backsplash, 36'' Birchwood shaker style cabinets, energy efficient and more! Enjoy living with the country feel yet close to shopping, grocery stores, and medical assistance. Short drive to Schools, Cherokee Lake, Boone Lake, Fort Patrick Henry Lake, Bays Mountain, kayaking, hiking as well as Kingsport, Gray, Bristol, Johnson City, and Rogersville. Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. This home is currently under construction.

ⓘ 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: $2,014 · $168/mo
• Projected year-2 tax: $2,014 · $168/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

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

Taxation est. · year 1

• Rental income: $30,484
• − Mortgage interest: −$13,998
• − Property taxes: −$2,014
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,439
• − Management: −$2,439
• − HOA: −$1,320
• − Depreciation: −$7,270
• Taxable loss: −$245
• Est. tax savings @ 24.0%: +$59
• After-tax cash flow: $3,832/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

Good 80/100 Cosmetic rehab

This end-unit townhome is in good condition with recent upgrades and a good condition score. It is move-in ready with minor maintenance items to address.

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal and property value
• Both Replace ceiling fans with energy-efficient models — Saves on energy costs and improves comfort
• Both Install smart home technology — Attracts tech-savvy buyers and renters

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior — Enhances curb appeal and property value ↑
• Both Replace ceiling fans with energy-efficient models — Saves on energy costs and improves comfort ↑
• Both Install smart home technology — Attracts tech-savvy buyers and renters ↑

ⓘ 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: Kingsport
• NCES district ID: 4702190
• Math proficiency: 35% ▼ -12.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $38,017
• Composite: 30.44/100
• National rank: #6233
• State rank: #26 of 139 in TN

Livability — Kingsport

• Score: 71/100
• State rank: #39
• US rank: #6587

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kingsport, TN
• County: Sullivan County · 121,987 people
• City population: 83,493
• Metro: Kingsport-Bristol, TN-VA
• Population (ZIP): 14,230
• Household income: $76,007
• Rent vs Own: 18.1% rent · 81.9% own
• Severe rent burden: 173.0

Population outlook (Sullivan County) Hauer SSP2

• Today (2025): 157,030 people
• By 2030: 156,415 · -0.4%
• By 2040: 153,778 · -2.1%
• By 2050: 149,018 · -5.1%
• By 2075: 138,068 · -12.1%
• By 2100: 119,927 · -23.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Asian 2% Hispanic / Latino 2%
• Common ancestry: Serbian 5% Italian 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1%

Political lean MEDSL · Sullivan

• 2024 margin: Solid R (+55.0) · D 22.0% · R 77.0% · Other 1.0%
• 2008→2024 swing: -13.6pp toward R · 2008: -41.3pp · 2024: -55.0pp
• All cycles: 2024: R+55.0 2020: R+51.9 2016: R+56.2 2012: R+47.2 2008: R+41.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -90.38%
• Current HPI: 255.7206
• Rent YoY: —
• Metro: Kingsport-Bristol, TN-VA
• 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

+1.3% since first listed

6 events — show timeline

• 2026-05-29 Listed $249,900 TVRMLS
• 2023-12-21 Sold (MLS) $245,645 TVRMLS
• 2023-09-01 Contingent — TVRMLS
• 2023-08-01 Delisted — TVRMLS
• 2023-07-26 Contingent — TVRMLS
• 2023-07-13 Listed $246,645 TVRMLS

Property tax history

+780.0%/yr

Latest (2025): $2,014 · +9.0% YoY. Source: county tax records.