Clayton Clark Plan · Chattanooga, TN 30741

$79,000

3 bd · 2.0 ba · 1,056 sqft · SingleFamily · 608 Days on market

Poor condition

---

Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +6.7/30.0
• Rent growth +4.4/5.0
• Livability +3.9/5.0
• Schools +2.3/10.0
• 1% rule +1.7/10.0
• DSCR +1.0/10.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this stunningly modern 3 bedroom, 2 bath Clayton Clark home, built in 2024. The kitchen boasts stainless Frigidaire appliances, a glass top 5-burner stove, and an ice and water dispenser in the refrigerator door. A stainless steel hood with LED lighting and a center island with counter-height seating enhance the space, along with a double stainless sink featuring a gooseneck detached spray faucet. There's ample storage and a pantry for convenience. The home features a split floor plan, with two bedrooms and a bath at one end, and the primary suite at the other, each room offering spacious comfort. Standard size appliances are easily accommodated with washer and dryer hookups. The home is equipped with a digital water heater and an HVAC system controlled by an Ecobee thermostat, complementing the open and spacious concept.

Key facts

• Digital water heater
• Split floor plan
• Listed 607 days

Tags

• CENTER ISLAND WITH SEATING
• SPLIT FLOOR PLAN
• AMPLE STORAGE AND PANTRY
• DIGITAL WATER HEATER

🏗️ New construction. The $79,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $201,496.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $79k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $-749 ($-9k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 4.4% vs local median 3.4% in Chattanooga — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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+, schools F, crime F.
• Walker County (rural): math 25% / reading 29% proficiency, ranked #114 of 174 in GA (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.4%/yr); 23 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 608 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.8% of price; flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $69,520 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 608 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 0.67% ✗
• Cap rate: 4.37%
• Cash-on-cash: -6.85%
• DSCR: 0.70
• GRM: 12.4

CMA / ARV

• ARV (median comp): $201,496
• List price: $79,000
• Delta: -60.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1306 Raydine Ln	0.56mi	3/1.5	1,056 (0%)	9mo	$195,875	$185	65
1313 Raydine Ln	0.60mi	2/1.0 (-1)	1,084 (+3%)	0mo	$179,900	$166	58
1320 W Sherry Dr	0.66mi	3/1.0	1,056 (0%)	14mo	$173,000	$164	54
610 Carden Ave	0.64mi	3/1.0	1,106 (+5%)	10mo	$145,000	$131	50
1110 Ridgewood St	0.22mi	3/2.0	1,200 (+14%)	20mo	$190,000	$158	50
503 Flegal Ave	0.66mi	3/1.0	1,152 (+9%)	2mo	$202,000	$175	49
505 Carden Ave	0.60mi	3/1.0	980 (-7%)	9mo	$157,000	$160	48
802 Indian Ave	0.60mi	2/1.0 (-1)	976 (-8%)	9mo	$107,000	$110	42
712 Henderson Ave	0.61mi	2/1.0 (-1)	928 (-12%)	2mo	$135,000	$145	41
1102 Indian Ave	0.71mi	3/2.0	1,169 (+11%)	11mo	$245,000	$210	40
614 Carden Ave	0.64mi	2/1.0 (-1)	1,008 (-4%)	18mo	$162,401	$161	39
629 James St	0.70mi	4/2.0 (+1)	1,204 (+14%)	16mo	$212,000	$176	26

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 · 7.44% rent growth · sell at horizon

5-year hold

• IRR: -40.0%
• Equity multiple: -0.31×
• Total profit: $-73,728
• Equity at exit: $30,044

10-year hold

• IRR: -30.1%
• Equity multiple: -0.70×
• Total profit: $-96,009
• Equity at exit: $17,422

Cash invested: $56,419 (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 30741

• Home prices YoY: -30.7%
• Rents YoY: 7.4%
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,355 high
• Mortgage (P&I): −$1,057
• Tax est. 1.5%: −$252 /mo · $3,022/yr
• Insurance: −$84
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $-749

Break-even live

Break-even rent $2,303

Max offer price $93,164

Occupancy floor —

Sensitivity live

Price	-10% $-609	-5% $-679	+0% $-749	+5% $-818	+10% $-888
Rent	-10% $-856	-5% $-802	+0% $-749	+5% $-695	+10% $-642
Rate	-1.0pp $-647	-0.5pp $-697	base $-749	+0.5pp $-801	+1.0pp $-854

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: $50,374
• Closing costs: $6,045
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1007 Glentana St Lot 62 Rossville, GA	2.0	2.0	840	$35,995	$42.85	45d	1	0.04mi
817 Henderson Ave Rossville, GA	2.0	1.0	844	$1,150	$1.36	15d	1	0.63mi
804 Henderson Ave Rossville, GA	2.0	1.0	948	$1,025	$1.08	15d	1	0.63mi
505 Flegal Ave Rossville, GA	2.0	1.0	768	$1,050	$1.37	24d	1	0.63mi
304 Cherry St Rossville, GA	2.0	1.0	982	$1,675	$1.71	45d	1	0.72mi
515 W Gordon Ave Rossville, GA	2.0	1.0	906	$999	$1.10	45d	1	0.72mi
1422 Wilson Rd Rossville, GA	2.0	1.0	885	$1,050	$1.19	45d	1	0.81mi
1422 Wilson Rd Rossville, GA	2.0	1.0	885	$1,050	$1.19	24d	1	0.81mi
5200 Fagan St Chattanooga, TN	3.0	1.0	816	$1,350	$1.65	24d	1	0.81mi
1409 E 50th St Chattanooga, TN	3.0	2.5	1350	$1,599	$1.18	15d	1	0.87mi
5238 Dorsey St Unit A Chattanooga, TN	2.0	1.0	839	$950	$1.13	24d	1	0.88mi
5505 Central Ave Chattanooga, TN	3.0	2.0	1050	$1,725	$1.64	22d	1	0.92mi
108 Suggs St Rossville, GA	2.0	1.0	900	$1,525	$1.69	15d	1	0.95mi
706 Roberta Dr Unit D Rossville, GA	2.0	1.0	950	$1,099	$1.16	24d	1	1.00mi
200A E Oak St Unit B Rossville, GA	3.0	2.0	1200	$1,200	$1.00	15d	1	1.01mi
1512 Wilson Rd Rossville, GA	3.0	1.5	1100	$1,295	$1.18	24d	1	1.05mi
1512 Wilson Rd Rossville, GA	3.0	1.5	1100	$1,250	$1.14	15d	1	1.05mi
104 Foster St Rossville, GA	3.0	2.0	1200	$1,599	$1.33	45d	1	1.05mi
4905 Central Ave Chattanooga, TN	2.0–3.0	2.0	1169	$637	$0.54	15d	2	1.21mi
110 2nd St Rossville, GA	3.0	2.0	1168	$1,399	$1.20	15d	1	1.25mi
107 Stegall St Rossville, GA	2.0	1.5	986	$1,149	$1.17	15d	1	1.27mi
1591 Park City Rd Apt E15 Rossville, GA	2.0	1.0	1050	$1,145	$1.09	24d	1	1.44mi
4129 Quinn Adams St Unit 2 Chattanooga, TN	2.0	1.0	856	$1,050	$1.23	24d	1	1.48mi

Listing history 18 events

1. 2026-06-21
   days on market $79,000 Active 608 DOM
2. 2026-06-18
   days on market $79,000 Active 605 DOM
3. 2026-06-17
   days on market $79,000 Active 604 DOM
4. 2026-06-16
   days on market $79,000 Active 603 DOM
5. 2026-06-15
   days on market $79,000 Active 602 DOM
6. 2026-06-14
   days on market $79,000 Active 600 DOM
7. 2026-06-13
   days on market $79,000 Active 599 DOM
8. 2026-06-10
   days on market $79,000 Active 597 DOM
9. 2026-06-09
   days on market $79,000 Active 596 DOM
10. 2026-06-08
    days on market $79,000 Active 595 DOM
11. 2026-06-07
    days on market $79,000 Active 594 DOM
12. 2026-06-05
    days on market $79,000 Active 591 DOM
13. 2026-06-03
    days on market $79,000 Active 590 DOM
14. 2026-06-02
    days on market $79,000 Active 589 DOM
15. 2026-06-01
    days on market $79,000 Active 588 DOM
16. 2026-05-31
    days on market $79,000 Active 587 DOM
17. 2026-05-30
    days on market $79,000 Active 586 DOM
18. 2024-10-21
    listed $79,000 Active 844-char remark

    Show marketing remark (844 chars)

    Welcome to this stunningly modern 3 bedroom, 2 bath Clayton Clark home, built in 2024. The kitchen boasts stainless Frigidaire appliances, a glass top 5-burner stove, and an ice and water dispenser in the refrigerator door. A stainless steel hood with LED lighting and a center island with counter-height seating enhance the space, along with a double stainless sink featuring a gooseneck detached spray faucet. There's ample storage and a pantry for convenience. The home features a split floor plan, with two bedrooms and a bath at one end, and the primary suite at the other, each room offering spacious comfort. Standard size appliances are easily accommodated with washer and dryer hookups. The home is equipped with a digital water heater and an HVAC system controlled by an Ecobee thermostat, complementing the open and spacious concept.

ⓘ 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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 21 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: $16,259
• − Mortgage interest: −$11,287
• − Property taxes: −$3,022
• − Insurance: −$6,126
• − Repairs & maintenance: −$1,301
• − Management: −$1,301
• − Depreciation: −$5,862
• Taxable loss: −$12,640
• Est. tax savings @ 24.0%: +$3,034
• After-tax cash flow: $-5,950/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 · 1 photo

Poor 20/100 Extensive rehab

This property requires extensive renovation to bring it up to a livable condition. Significant work is needed in the kitchen, bathrooms, exterior, flooring, interior walls, and systems.

Repairs flagged

• Major Kitchen — No appliances, no structure
• Major Bathrooms — No fixtures, no structure
• Major Exterior — No siding, no windows, no doors
• Major Flooring — No flooring
• Major Interior walls — No paint
• Major Systems — No HVAC, no electrical, no plumbing

Value-add opportunities

• Both Kitchen renovation — Appliances, cabinets, countertops
• Both Bathroom renovation — Fixtures, vanity, tiling
• Both Exterior siding and windows — Siding, windows, doors
• Both Flooring — Hardwood or tile
• Both Interior painting — Painting interior walls
• Both HVAC and electrical — New HVAC and electrical systems

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen · No appliances, no structure	Major	$15,000–50,000
Bathrooms · No fixtures, no structure	Major	$15,000–50,000
Exterior · No siding, no windows, no doors	Major	$15,000–50,000
Flooring · No flooring	Major	$15,000–50,000
Interior walls · No paint	Major	$15,000–50,000
Systems · No HVAC, no electrical, no plumbing	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Both Kitchen renovation — Appliances, cabinets, countertops ↑
• Both Bathroom renovation — Fixtures, vanity, tiling ↑
• Both Exterior siding and windows — Siding, windows, doors ↑
• Both Flooring — Hardwood or tile ↑
• Both Interior painting — Painting interior walls ↑
• Both HVAC and electrical — New HVAC and electrical systems ↑

ⓘ 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: Walker County
• NCES district ID: 1305370
• Math proficiency: 25% ▼ -10.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $39,889
• Composite: 22.74/100
• National rank: #8035
• State rank: #114 of 174 in GA

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

• County: Walker County · 48,831 people
• City population: 29,236
• Metro: Chattanooga, TN-GA
• Population (ZIP): 30,041
• Household income: $58,834
• Rent vs Own: 32.3% rent · 67.7% own
• Severe rent burden: 834.0

Population outlook (Walker County) Hauer SSP2

• Today (2025): 66,050 people
• By 2030: 64,305 · -2.6%
• By 2040: 60,127 · -9.0%
• By 2050: 55,551 · -15.9%
• By 2075: 44,886 · -32.0%
• By 2100: 34,015 · -48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Slovak 3% Iranian 2% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+59.3) · D 20.1% · R 79.4%
• 2008→2024 swing: -12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
• All cycles: 2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.05%
• Current HPI: 267.0047
• Rent YoY: ▲ 7.44%
• 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

1 event — show timeline

• 2024-10-21 Listed $79,000 Zillow