product

markets

method

1202 N Main St, Saint Joseph, TN 38481 — $149,000 · 3bd · ~1.6% rule | OnePercent

1202 N Main St, Saint Joseph, TN 38481

$149,000

Home·Saint Joseph 38481·1202 N Main St, Saint Joseph, TN 38481

Unconfirmed for 7 days — may no longer be available

1202 N Main St, Saint Joseph, TN 38481

3 bd · 2 ba · 1,680 sqft · built 1955 · Saint Joseph · SINGLE_FAMILY·source listing ↗

$149,000

rent, three ways

OnePercent model (vv1)$2,310/mo

wide honest range — HUD/comp anchors · $596–$2,310

HUD Fair Market Rent · 38481 · 3BR$1,110/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lawrence

Flood risk indexRelatively Moderate FEMA NRI

Median household income$49,567

Median area rent$628/mo

Median home value$192,700

the verdict

1.55%⚠vs 1.0% target

Unverified — model rent disagrees with HUD/comps

financing: 20% down · — (FRED, live) · 30yr

$149,000

1.55% · unverified

Intrinsic value · income approach

$149,000

0% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.