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193 Hugh Gordon SE
C+ Composite 61.89
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 +18.3/30.0
  • ARV discount +15.0/15.0
  • DSCR +5.7/10.0
  • Appreciation +5.6/10.0
  • 1% rule +4.9/10.0
  • Condition / age +4.0/5.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Schools +2.3/10.0

$229,900

193 Hugh Gordon SE · Ludowici, GA 31316
4 bd · 2.0 ba · 1,904 sqft · SingleFamily · 130 Days on market
Built 2025 Good condition 3.28 ac lot $121/sqft · 19% below area Est $284k · 19% under ↓ 2% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

Key facts

  • Front and side porch
  • Spacious lot
  • Room for gardening

Tags

SPACIOUS LOTOPEN-CONCEPT FLOOR PLANSTAINLESS STEEL APPLIANCESPRIVATE OWNER'S SUITEFRONT AND SIDE PORCHROOM FOR GARDENING

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $230k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $211 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (0.9% below list).
  • Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.4% vs local median 5.4% in Ludowici — 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 72/100 on livability (#74 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A; Watch: schools D, employment D, amenities F.
  • Long County (rural): math 26% / reading 26% proficiency, ranked #115 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: 409 active listings in the ZIP; 298 units permitted in Long County in 2024 (0 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $4k of equity ($2k loan paydown + $3k appreciation (1.2% local appreciation)).
  • Long County population projected at +72% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (1.2% appreciation + 3.0% rent growth), your $64k cash investment doubles in ~8 years — after that, you're playing with house money.
  • By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 130 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts 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 $202,312 (12.0% below list)

Questions for the listing agent

  1. It's been on market 130 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.99%
Cap rate
7.39%
Cash-on-cash
3.93%
DSCR
1.17
GRM
8.4

CMA / ARV

ARV (median comp)
$284,500
List price
$229,900
Delta
-19.19%
Verdict
UNDERPRICED
Comps
6 within 1.0 mi
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
973 Stafford Dairy Rd SE 0.36mi 3/2.0 (-1) 1,804 (-5%) 1mo $294,000 $163 69
829 SE Stafford Dairy 0.64mi 4/2.5 1,804 (-5%) 1mo $360,000 $200 59
791 Stafford Dairy Rd SE 0.69mi 3/2.0 (-1) 2,020 (+6%) 12mo $395,000 $196 43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.16% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
5.9%
Equity multiple
1.30×
Total profit
$19,539
Equity at exit
$80,386
10-year hold
IRR
10.0%
Equity multiple
2.24×
Total profit
$79,819
Equity at exit
$108,312

Cash invested: $64,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Georgia
90 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

ZIP-level market 31316

Home prices YoY
0.6%
Active inventory
409
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$2,278 medium interval (Pro) →
Mortgage (P&I)
$1,206
Tax est. 1.5%
$287 /mo · $3,448/yr
Insurance
$96
HOA
$0
Vacancy / Maint / Mgmt
$478
Net cashflow
$211

Break-even live

Break-even rent $2,011
Max offer price $229,900
Occupancy floor 86%

Sensitivity live

Price -10% $370 -5% $290 +0% $211 +5% $131 +10% $52
Rent -10% $31 -5% $121 +0% $211 +5% $301 +10% $391
Rate -1.0pp $326 -0.5pp $269 base $211 +0.5pp $151 +1.0pp $90

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
$57,475
Closing costs
$6,897
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 26 events

  1. 2026-06-19
    days on market $229,900 Active 130 DOM
  2. 2026-06-18
    days on market $229,900 Active 129 DOM
  3. 2026-06-17
    days on market $229,900 Active 128 DOM
  4. 2026-06-16
    days on market $229,900 Active 127 DOM
  5. 2026-06-15
    days on market $229,900 Active 126 DOM
  6. 2026-06-14
    days on market $229,900 Active 124 DOM
  7. 2026-06-13
    days on market $229,900 Active 123 DOM
  8. 2026-06-10
    days on market $229,900 Active 121 DOM
  9. 2026-06-09
    days on market $229,900 Active 120 DOM
  10. 2026-06-08
    days on market $229,900 Active 119 DOM
  11. 2026-06-07
    days on market $229,900 Active 118 DOM
  12. 2026-06-05
    days on market $229,900 Active 115 DOM
  13. 2026-06-03
    days on market $229,900 Active 114 DOM
  14. 2026-06-03
    price $229,900 Active 113 DOM
  15. 2026-06-02
    days on market $234,000 Active 113 DOM
  16. 2026-06-01
    days on market $234,000 Active 112 DOM
  17. 2026-05-31
    days on market $234,000 Active 111 DOM
  18. 2026-05-30
    days on market $234,000 Active 110 DOM
  19. 2026-04-25
    status Active 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  20. 2026-03-19
    status Pending 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  21. 2026-03-04
    price $234,000 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  22. 2026-01-15
    status Active 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  23. 2026-01-12
    status Pending 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  24. 2026-01-12
    status Active 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  25. 2026-01-12
    status Pending 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

  26. 2025-12-31
    listed $239,000 Active 1136-char remark
    Show marketing remark (1136 chars)

    Brand new 2025 manufactured home offering 4 bedrooms, 2 bathrooms, and 1,904 sq. ft. of thoughtfully designed living space. Situated on a spacious 3.28-acre lot, this property provides the perfect balance of privacy and convenience—located less than 6.5 miles from downtown Ludowici, approximately 4 miles from Long County High School, and about 7 miles from Long County Middle and Elementary Schools. Inside, you'll find a bright open-concept floor plan ideal for modern living. The kitchen features stainless steel appliances including a refrigerator, smooth-top stove, dishwasher, and range hood, along with ample cabinet and counter space. The split floor plan offers a private owner's suite with an en-suite bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. Additional features include well, septic, and power already connected, a 5x10 front and side porch for outdoor enjoyment, and spacious acreage with room for gardening, recreation, or future improvements. This move-in-ready home is perfect for buyers seeking new construction, land, and convenience in a quiet setting.

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,333
− Mortgage interest
−$12,878
− Property taxes
−$3,448
− Insurance
−$1,150
− Repairs & maintenance
−$2,187
− Management
−$2,187
− Depreciation
−$6,688
Taxable loss
−$1,204
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$289
After-tax cash flow
$2,817/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 None rehab

This brand new 2025 manufactured home is in excellent condition with no visible repairs needed. It offers a spacious 3.28-acre lot and a bright open-concept floor plan. The home is move-in ready and would benefit from some landscaping and painting to enhance its curb appeal and value.

Value-add opportunities

  • Both Landscaping — Enhances curb appeal and adds value
  • Both Painting exterior — Fresh paint can improve curb appeal and value
  • Both Landscaping around the house — Enhances curb appeal and adds value

Renovation cost estimate screening

Value-add ROI direction

  • Both Landscaping — Enhances curb appeal and adds value
  • Both Painting exterior — Fresh paint can improve curb appeal and value
  • Both Landscaping around the house — Enhances curb appeal and adds value

ⓘ 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
Long County
NCES district ID
1303360
Math proficiency
26% ▼ -14.00%
Reading proficiency
26% ▼ -13.00%
Median HH income
$45,958
Composite
22.51/100
National rank
#8090
State rank
#115 of 174 in GA

Livability — Ludowici

Score
72/100
State rank
#74
US rank
#6449

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Long County · 13,812 people
City population
13,812
Metro
Hinesville, GA
Population (ZIP)
13,812
Household income
$74,766
Rent vs Own
29.6% rent · 70.4% own
Severe rent burden
109.0

Population outlook (Long County) Hauer SSP2

Today (2025)
24,669 people
By 2030
28,223 · +14.4%
By 2040
35,430 · +43.6%
By 2050
42,403 · +71.9%
By 2075
56,996 · +131.0%
By 2100
64,185 · +160.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 61% Black 23% Hispanic / Latino 8% Two or more races 8%
Hispanic origin (detail)
Mexican 2% Puerto Rican 5%
Common ancestry
Serbian 1% Italian 1% Romanian 1%
Foreign-born
3% · Canada
Languages at home
92% English-only · Spanish 6% Other Asian/Pacific 1% German/W. Germanic 1%

Political lean MEDSL · Long

2024 margin
Strong R (+29.5) · D 35.1% · R 64.6%
2008→2024 swing
-5.4pp toward R · 2008: -24.1pp · 2024: -29.5pp
All cycles
2024: R+29.5 2020: R+26.4 2016: R+30.8 2012: R+22.9 2008: R+24.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.16%
Current HPI
195.2978
Rent YoY
Metro
Hinesville, GA
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

-2.1% since first listed
8 events — show timeline
  • 2026-04-25 Relisted HABR
  • 2026-03-19 Pending HABR
  • 2026-03-04 Price Changed $234,000 HABR
  • 2026-01-15 Relisted HABR
  • 2026-01-12 Pending HABR
  • 2026-01-12 Relisted HABR
  • 2026-01-12 Pending HABR
  • 2025-12-31 Listed $239,000 HABR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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