819 Hillcrest Dr · Thomson, GA 30824

$149,900

3 bd · 1.5 ba · 2,140 sqft · SingleFamily public records · 11 Days on market

Built 1949 1.29 ac lot $70/sqft · 34% below area Est $226k · 34% under

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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 +17.2/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• 1% rule +4.5/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard—perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

Key facts

• Brick bungalow
• Cozy living room
• Large backyard

Tags

• BRICK BUNGALOW
• COZY LIVING ROOM
• WELL-APPOINTED KITCHEN
• SPACIOUS FAMILY ROOM
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $107 ($1k/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 $142k (5.2% below list).
• Recommended offer: $142k (5.2% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 3.8% in Thomson — 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 61/100 on livability (#357 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, health & safety C-, schools F.
• Mcduffie County (rural): math 12% / reading 19% proficiency, ranked #156 of 174 in GA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 193 active listings in the ZIP; 64 units permitted in McDuffie 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 $4k of value loss. Plan a longer hold.
• McDuffie County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 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.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 57% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,116 (5.2% below list)

Questions for the listing agent

1. Built in 1949 — 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 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?
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: 0.95% ✗
• Cap rate: 7.15%
• Cash-on-cash: 3.07%
• DSCR: 1.14
• GRM: 8.8

CMA / ARV

• ARV (median comp): $226,393
• List price: $149,900
• Delta: -33.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
765 Central Road Rd SW	0.25mi	4/3.0 (+1)	1,980 (-8%)	14mo	$230,000	$116	53
201 Forrest Clary Dr	0.38mi	4/2.0 (+1)	2,332 (+9%)	12mo	$306,500	$131	50
420 King Ln	0.68mi	3/2.0	1,897 (-11%)	6mo	$220,000	$116	42
552 Shadowmoor Cir	0.46mi	4/3.0 (+1)	1,867 (-13%)	14mo	$270,000	$145	35

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -11.5%
• Equity multiple: 0.58×
• Total profit: $-17,448
• Equity at exit: $22,351

10-year hold

• IRR: -2.2%
• Equity multiple: 0.85×
• Total profit: $-6,359
• Equity at exit: $12,961

Cash invested: $41,972 (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 30824

• Home prices YoY: -7.3%
• Active inventory: 193
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,421 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$167 /mo · $2,003/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $107

Break-even live

Break-even rent $1,285

Max offer price $149,900

Occupancy floor 87%

Sensitivity live

Price	-10% $192	-5% $150	+0% $107	+5% $65	+10% $22
Rent	-10% $-5	-5% $51	+0% $107	+5% $163	+10% $220
Rate	-1.0pp $183	-0.5pp $145	base $107	+0.5pp $68	+1.0pp $29

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-21
   days on market $149,900 Active 11 DOM
2. 2026-06-18
   days on market $149,900 Active 9 DOM
3. 2026-06-17
   days on market $149,900 Active 8 DOM
4. 2026-06-16
   days on market $149,900 Active 7 DOM
5. 2026-06-15
   days on market $149,900 Active 6 DOM
6. 2026-06-13
   days on market $149,900 Active 4 DOM
7. 2026-06-12
   statusdays on market $149,900 Active 3 DOM
8. 2026-05-12
   historical Active Under Contract 822-char remark

   Show marketing remark (817 chars)

   Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard--perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

9. 2026-05-12
   status Pending 817-char remark

   Show marketing remark (817 chars)

   Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard--perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

10. 2026-05-12
    historical Active Under Contract

    Show marketing remark (817 chars)

    Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard--perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

11. 2026-05-12
    historical Active Under Contract

    Show marketing remark (817 chars)

    Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard--perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

12. 2026-05-11
    historical
13. 2026-04-22
    listed $149,900 Active 817-char remark

    Show marketing remark (817 chars)

    Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard--perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

14. 2026-04-22
    listed $149,900 Active

    Show marketing remark (817 chars)

    Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard--perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

15. 2026-04-21
    listed $149,900 Active
16. 2026-04-21
    listed $149,900 New
17. 2026-04-17
    listed $149,900 Active 822-char remark

    Show marketing remark (822 chars)

    Charming brick bungalow with 3 bedrooms, 2 bathrooms, almost 2200 sqft of living space, full of character and ready for your personal touch. This inviting home features a cozy living room perfect for relaxing or entertaining, along with a well-appointed kitchen offering ample cabinet space for all your storage needs. A spacious family room provides additional living space, ideal for gatherings or everyday comfort. The primary bedroom offers generous proportions and functionality, while the secondary and third bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard—perfect for entertaining, gardening, or simply enjoying the outdoors. With plenty of space and potential, this home presents a wonderful opportunity to customize and make it truly your own. Hurry home!

ⓘ 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: $2,003 · $167/mo
• Projected year-2 tax: $2,003 · $167/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 57% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,054
• − Mortgage interest: −$8,397
• − Property taxes: −$2,003
• − Insurance: −$750
• − Repairs & maintenance: −$1,364
• − Management: −$1,364
• − Depreciation: −$4,361
• Taxable loss: −$1,184
• Est. tax savings @ 24.0%: +$284
• After-tax cash flow: $1,572/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: Mcduffie County
• NCES district ID: 1303570
• Math proficiency: 12% ▼ -15.00%
• Reading proficiency: 19% ▼ -8.00%
• Median HH income: $37,658
• Composite: 12.98/100
• National rank: #9570
• State rank: #156 of 174 in GA

Livability — Thomson

• Score: 61/100
• State rank: #357
• US rank: #18372

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Thomson, GA
• Population (ZIP): 17,181

Population outlook (McDuffie County) Hauer SSP2

• Today (2025): 20,590 people
• By 2030: 19,922 · -3.2%
• By 2040: 18,451 · -10.4%
• By 2050: 16,898 · -17.9%
• By 2075: 13,647 · -33.7%
• By 2100: 10,421 · -49.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 49% Black 46% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · McDuffie

• 2024 margin: Strong R (+24.9) · D 37.4% · R 62.3%
• 2008→2024 swing: -10.0pp toward R · 2008: -14.9pp · 2024: -24.9pp
• All cycles: 2024: R+24.9 2020: R+19.1 2016: R+18.7 2012: R+15.0 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.21%
• Current HPI: 243.7734
• 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

10 events — show timeline

• 2026-05-12 Contingent — Hive MLS
• 2026-05-12 Pending — Hive MLS
• 2026-05-12 Contingent — MGMLS
• 2026-05-12 Contingent — GAMLS
• 2026-05-11 Listing Removed — Hive MLS
• 2026-04-22 Listed $149,900 Hive MLS
• 2026-04-22 Listed $149,900 Hive MLS
• 2026-04-21 Listed $149,900 GAMLS
• 2026-04-21 Listed $149,900 MGMLS
• 2026-04-17 Listed $149,900 Hive MLS

Property tax history

+4.0%/yr

Latest (2025): $2,003 · +1.9% YoY. Source: county tax records.