2037 Parker Rd · Jasper, GA 30143

$200,000

5 bd · 2.0 ba · 1,325 sqft · SingleFamily public records · 3 Days on market

Built 1957 2.54 ac lot

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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 +25.4/30.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Livability +3.7/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Endless Potential on 2.54 Private Wooded Acres in Jasper! Nestled on a secluded corner lot surrounded by mature trees, this spacious home offers a rare opportunity to create something truly special. Whether you're an investor searching for your next renovation project, a buyer looking to customize a home to your taste, or someone seeking space for multigenerational living, this property delivers the flexibility and setting you've been searching for. The unfinished basement provides incredible expansion potential for additional living space, recreation areas, a workshop, or storage, while the generous 2.54-acre homesite offers privacy, room to roam, and countless possibilities for outdoor living. With no HOA restrictions, you'll have the freedom to make the property your own. Conveniently located just minutes from charming downtown Jasper and adjacent to Highway 53, you'll enjoy easy access to Tate, Highway 575, local shopping and dining, and the natural beauty of the North Georgia Mountains. Enjoy the perfect balance of peaceful country living with everyday conveniences close at hand. Whether you're envisioning a profitable investment, a private retreat, or a home designed around your lifestyle, this property presents an exceptional opportunity to unlock value in one of North Georgia's most desirable growing areas. Don't miss your chance to bring your vision to life.

Key facts

• Generous homesite
• Expansion potential
• Unfinished basement

Tags

• PRIVATE WOODED ACRES
• SECLUDED CORNER LOT
• UNFINISHED BASEMENT
• EXPANSION POTENTIAL
• GENEROUS HOMESITE
• NO HOA RESTRICTIONS

Property features AI

Exterior

• Parking: Carport with space for 1 vehicle
• Utilities: Public water; Public sewer; Electric service (110 volts); Electricity, sewer and water available
• Home design: Two-level house; Fixer condition; Entry level on main floor
• Construction: Block foundation; Metal and tar/gravel roof; Other construction materials; Originally built as house/prefab/mobile home on property
• Exterior features: Private yard; Deck; Other outbuildings/structures

Interior

• Kitchen: Other kitchen features; Other appliances
• Bedrooms: Five main-level bedrooms; Other bedroom features
• Flooring: Carpet; Vinyl
• Bathrooms: Four full bathrooms, all on the main level; Master bath with other features
• Heating & cooling: Central heating; Central air conditioning
• Interior features: One fireplace located in the family room; Full basement; No shared/common walls; Other interior features
• Laundry & utility: Other laundry features

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $463 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 9.1% vs local median 2.8% in Jasper — 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 74/100 on livability (#44 in GA, #4,976 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: amenities D-, commute F, employment F.
• Pickens County (rural): math 35% / reading 35% proficiency, ranked #59 of 174 in GA (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Pickens County Junior High School (math 35% / reading 38%, grade F, #167 of 470 statewide, top 38%, 611 students, 45% FRL); Pickens County High School (math 34% / reading 28%, grade F, #127 of 424 statewide, top 30%, 1,259 students, 36% FRL) — zoned schools at 40% FRL track the district average.
• Market conditions: 721 active listings in the ZIP; 260 units permitted in Pickens County in 2024 (0 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.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,000

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
5. 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.
6. 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: 1.07% ✓
• Cap rate: 9.07%
• Cash-on-cash: 9.92%
• DSCR: 1.44
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -1.4%
• Equity multiple: 0.95×
• Total profit: $-2,980
• Equity at exit: $29,821

10-year hold

• IRR: 8.3%
• Equity multiple: 1.63×
• Total profit: $35,132
• Equity at exit: $17,292

Cash invested: $56,000 (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.

Methodology + full state rankings →

ZIP-level market 30143

• Home prices YoY: -14.4%
• Active inventory: 721
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $2,144 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$99 /mo · $1,187/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $463

Break-even live

Break-even rent $1,558

Max offer price $200,000

Occupancy floor 73%

Sensitivity live

Price	-10% $576	-5% $520	+0% $463	+5% $406	+10% $350
Rent	-10% $294	-5% $378	+0% $463	+5% $548	+10% $632
Rate	-1.0pp $564	-0.5pp $514	base $463	+0.5pp $411	+1.0pp $358

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-06-21
   days on market $200,000 Coming Soon 3 DOM
2. 2026-06-18
   remarks 699-char remark

   Show marketing remark (1389 chars)

   Endless Potential on 2.54 Private Wooded Acres in Jasper! Nestled on a secluded corner lot surrounded by mature trees, this spacious home offers a rare opportunity to create something truly special. Whether you're an investor searching for your next renovation project, a buyer looking to customize a home to your taste, or someone seeking space for multigenerational living, this property delivers the flexibility and setting you've been searching for. The unfinished basement provides incredible expansion potential for additional living space, recreation areas, a workshop, or storage, while the generous 2.54-acre homesite offers privacy, room to roam, and countless possibilities for outdoor living. With no HOA restrictions, you'll have the freedom to make the property your own. Conveniently located just minutes from charming downtown Jasper and adjacent to Highway 53, you'll enjoy easy access to Tate, Highway 575, local shopping and dining, and the natural beauty of the North Georgia Mountains. Enjoy the perfect balance of peaceful country living with everyday conveniences close at hand. Whether you're envisioning a profitable investment, a private retreat, or a home designed around your lifestyle, this property presents an exceptional opportunity to unlock value in one of North Georgia's most desirable growing areas. Don't miss your chance to bring your vision to life.

3. 2026-06-18
   listed $200,000 Coming Soon 1 DOM

   Show marketing remark (1389 chars)

   Endless Potential on 2.54 Private Wooded Acres in Jasper! Nestled on a secluded corner lot surrounded by mature trees, this spacious home offers a rare opportunity to create something truly special. Whether you're an investor searching for your next renovation project, a buyer looking to customize a home to your taste, or someone seeking space for multigenerational living, this property delivers the flexibility and setting you've been searching for. The unfinished basement provides incredible expansion potential for additional living space, recreation areas, a workshop, or storage, while the generous 2.54-acre homesite offers privacy, room to roam, and countless possibilities for outdoor living. With no HOA restrictions, you'll have the freedom to make the property your own. Conveniently located just minutes from charming downtown Jasper and adjacent to Highway 53, you'll enjoy easy access to Tate, Highway 575, local shopping and dining, and the natural beauty of the North Georgia Mountains. Enjoy the perfect balance of peaceful country living with everyday conveniences close at hand. Whether you're envisioning a profitable investment, a private retreat, or a home designed around your lifestyle, this property presents an exceptional opportunity to unlock value in one of North Georgia's most desirable growing areas. Don't miss your chance to bring your vision to life.

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

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $1,187 · $99/mo
• Projected year-2 tax: $1,840 · $153/mo
• Expected delta: +$653/yr (+$54/mo · 55.1%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,732
• − Mortgage interest: −$11,203
• − Property taxes: −$1,187
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,059
• − Management: −$2,059
• − Depreciation: −$5,818
• Taxable income: $2,407
• Est. tax owed @ 24.0%: −$578
• After-tax cash flow: $4,978/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.

Schools (NCES district)

• District: Pickens County
• NCES district ID: 1304110
• Math proficiency: 35% ▼ -11.00%
• Reading proficiency: 35% ▼ -5.00%
• Median HH income: $53,760
• Composite: 30.72/100
• National rank: #6165
• State rank: #59 of 174 in GA

Livability — Jasper

• Score: 74/100
• State rank: #44
• US rank: #4976

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 26,738
• Population (ZIP): 26,738

Population outlook (Pickens County) Hauer SSP2

• Today (2025): 32,161 people
• By 2030: 32,815 · +2.0%
• By 2040: 33,427 · +3.9%
• By 2050: 33,077 · +2.8%
• By 2075: 31,291 · -2.7%
• By 2100: 27,205 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 5% Serbian 2% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Pickens

• 2024 margin: Solid R (+65.8) · D 16.8% · R 82.6%
• 2008→2024 swing: -7.8pp toward R · 2008: -57.9pp · 2024: -65.8pp
• All cycles: 2024: R+65.8 2020: R+65.7 2016: R+69.2 2012: R+67.6 2008: R+57.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.27%
• Current HPI: 280.6731
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-06-18 Coming Soon $200,000 FMLS
• 2026-06-18 Coming Soon $200,000 GAMLS

Property tax history

+10.2%/yr

Latest (2025): $1,187 · +0.8% YoY. Source: county tax records.