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1204 Virginia Ave, Morristown, TN 37814 — $419,900 · 6bd · ~0.9% rule | OnePercent

1204 Virginia Ave, Morristown, TN 37814

$419,900

Home·Morristown 37814·1204 Virginia Ave, Morristown, TN 37814

Confirmed in the last few hours

1204 Virginia Ave, Morristown, TN 37814

6 bd · 5 ba · 3,360 sqft · built 2026 · Morristown · MULTI_FAMILY·source listing ↗

$419,900

rent, three ways

OnePercent model (vv1)$3,721/mo

p10–p90 confidence band

HUD Fair Market Rent · 37814 · 6BR—

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Hamblen

Flood risk indexRelatively Moderate FEMA NRI

Median household income$55,650

Median area rent$877/mo

Median home value$220,500

the verdict

0.89%vs 1.2% target

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

$419,900

0.89% · rent $3,721

Intrinsic value · income approach

$580,248

28% below 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.