CashFlowRE
Sign in Sign up
216 Hickory Glen Gln
B+ Composite 78.3
Why this score? — see what drove the B+ 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 +28.4/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.4/10.0
  • Appreciation +5.0/10.0
  • Schools +3.9/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$129,800

216 Hickory Glen Gln · Centerville, GA 31208
3 bd · 2.0 ba · 1,670 sqft · SingleFamily public records · 32 Days on market
Built 1978 0.38 ac lot $78/sqft · 31% below area Est $187k · 31% under

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

Listing remarks

Charming 3-bedroom, 2-bath brick home located in desirable Centerville, GA! This property offers a fantastic opportunity for homeowners or investors alike, being sold as-is with all belongings to convey—making it truly move-in ready or rental-ready from day one. The home features a newer roof and solar panels, helping keep energy costs down while adding long-term value. INVESTOR or Rehab Special: Enjoy the fenced-in backyard, perfect for pets, entertaining, or relaxing in your own private outdoor space. Conveniently situated near an up-and-coming area with new construction by Lennar Homes, this location offers exciting growth potential and increasing property values. Whether you&rsquo

Key facts

  • Newer roof
  • Fenced-in backyard
  • Solar panels

Tags

FENCED-IN BACKYARDNEWER ROOFSOLAR PANELSPRIVATE OUTDOOR SPACE

Property features AI

Exterior

  • Parking: Detached garage (2 covered spaces, 2 total parking spaces)
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One level
  • Construction: Brick construction
  • Exterior features: Fenced lot; No pool

Interior

  • Kitchen: Electric range; Refrigerator
  • Flooring: See remarks
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Has heating (see remarks)
  • Interior features: Storage; Fireplace (1)

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 3-bed/2.0-bath single-family listed at $130k.

Deal economics

  • At list price, monthly cash flow is $420 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $130k).
  • Recommended offer: $126k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 73/100 on livability (#56 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: amenities F, commute F.
  • Houston County (urban): math 43% / reading 46% proficiency, ranked #23 of 174 in GA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Centerville Elementary School (math 50% / reading 49%, grade D, #264 of 1,228 statewide, top 23%, 630 students, 84% FRL); Warner Robins Middle School (math 25% / reading 37%, grade F, #237 of 470 statewide, top 51%, 813 students, 84% FRL); Northside High School (math 5% / reading 21%, grade F, #331 of 424 statewide, top 78%, 1,959 students, 84% FRL) — zoned schools average 84% FRL vs 46% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 31% at this address vs 44% district-wide (-13 pts) — the specific schools serving this property underperform the Houston County average; the district grade overstates school quality for this exact location.
  • Market conditions: 1 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,545 units permitted in Houston County in 2024 (336 in 5+ unit buildings).

Forward outlook

  • In year one you build about $5k of equity ($897 loan paydown + $4k appreciation (3.0% local appreciation)).
  • Houston County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 7, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 32 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
  • 2 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.
  • Current owner paid $72k; list at $130k implies a 82% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 67% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $125,906 (3.0% below list)

Questions for the listing agent

  1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.24%
Cap rate
10.17%
Cash-on-cash
13.85%
DSCR
1.62
GRM
6.7

CMA / ARV

ARV (median comp)
$187,081
List price
$129,800
Delta
-30.62%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
205 Scarborough Rd 0.25mi 3/2.0 1,761 (+5%) 2mo $225,000 $128 78
110 Monteigo Ct 0.33mi 3/2.0 1,754 (+5%) 4mo $215,000 $123 72
210 Webb St 0.42mi 3/2.0 1,600 (-4%) 2mo $235,000 $147 72
102 Monteigo Ct 0.38mi 3/2.0 1,742 (+4%) 5mo $145,000 $83 71
227 Crestwood Cir 0.61mi 3/2.0 1,652 (-1%) 1mo $170,000 $103 69
303 Woodhaven Rd 0.48mi 3/2.0 1,584 (-5%) 1mo $218,000 $138 69
103 Persimmon Glen Ct 0.25mi 3/2.0 1,436 (-14%) 5mo $130,000 $91 60
106 Crestwood Rd 0.65mi 3/2.0 1,572 (-6%) 0mo $236,000 $150 60
107 Stonefield Ct 0.44mi 3/2.5 1,468 (-12%) 6mo $170,000 $116 52
104 Cedar Glen Ct 0.69mi 3/2.0 1,791 (+7%) 8mo $256,000 $143 49
123 Meriwood Dr 0.70mi 4/2.0 (+1) 1,791 (+7%) 5mo $219,000 $122 46
106 Tor Dr. Dr 0.73mi 3/2.0 1,920 (+15%) 6mo $216,000 $113 36

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
20.5%
Equity multiple
2.17×
Total profit
$42,355
Equity at exit
$58,364
10-year hold
IRR
21.6%
Equity multiple
4.12×
Total profit
$113,344
Equity at exit
$89,945

Cash invested: $36,344 (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 31208

Active inventory
1
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,609 high interval (Pro) →
Mortgage (P&I)
$681
Tax from tax record
$117 /mo · $1,401/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$338
Net cashflow
$420

Break-even live

Break-even rent $1,078
Max offer price $129,800
Occupancy floor 69%

Sensitivity live

Price -10% $493 -5% $456 +0% $420 +5% $383 +10% $346
Rent -10% $292 -5% $356 +0% $420 +5% $483 +10% $547
Rate -1.0pp $485 -0.5pp $453 base $420 +0.5pp $386 +1.0pp $352

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
$32,450
Closing costs
$3,894
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.

Rent comps 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
700 Fieldstone Rd Warner Robins, GA 3.0 2.0 1339 $1,625 $1.21 45d 1 0.33mi
213 Webb St Warner Robins, GA 3.0 2.0 1152 $1,600 $1.39 22d 1 0.44mi
108 Stonefield Ct Warner Robins, GA 3.0 2.0 1483 $1,475 $0.99 45d 1 0.49mi
106 Scarborough Rd Centerville, GA 3.0 2.0 1471 $1,400 $0.95 22d 1 0.49mi
104 Woodcarver Trl Warner Robins, GA 3.0 2.0 1300 $1,600 $1.23 15d 1 0.76mi
210 Surrey Dr Warner Robins, GA 3.0 2.0 1620 $1,600 $0.99 22d 1 0.98mi
103 Abney Ct Centerville, GA 3.0 2.0 1500 $1,800 $1.20 22d 1 1.03mi
208 Wray St Warner Robins, GA 3.0 2.0 1509 $1,700 $1.13 15d 1 1.04mi
111 Hawthorne Rd Warner Robins, GA 3.0 2.0 1551 $1,500 $0.97 45d 1 1.29mi
501 Pinecrest Dr Warner Robins, GA 4.0 2.0 1818 $2,100 $1.16 45d 1 1.34mi
111 Rainbow Ave Warner Robins, GA 3.0 2.0 1422 $1,695 $1.19 22d 1 1.37mi
111 Rainbow Ave Warner Robins, GA 3.0 2.0 1422 $1,695 $1.19 45d 1 1.37mi

Listing history 13 events

  1. 2026-06-21
    days on market $129,800 Active 32 DOM
  2. 2026-06-19
    days on market $129,800 Active 30 DOM
  3. 2026-06-18
    days on market $129,800 Active 29 DOM
  4. 2026-06-17
    days on market $129,800 Active 28 DOM
  5. 2026-06-16
    days on market $129,800 Active 27 DOM
  6. 2026-06-15
    days on market $129,800 Active 26 DOM
  7. 2026-06-14
    days on market $129,800 Active 24 DOM
  8. 2026-06-13
    pricedays on market $129,800 Active 23 DOM
  9. 2026-06-10
    statusdays on market $134,800 Active 21 DOM
  10. 2026-05-07
    status Pending 932-char remark
  11. 2026-04-17
    listed $134,800 Active 932-char remark
  12. 1990-07-23
    soldstatus $71,500
  13. 1978-02-28
    soldstatus $44,000

ⓘ 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
$1,401 · $117/mo
Projected year-2 tax
$1,401 · $117/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 3/10 Moderate
  • 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 67% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,307
− Mortgage interest
−$7,271
− Property taxes
−$1,401
− Insurance
−$649
− Repairs & maintenance
−$1,545
− Management
−$1,545
− Depreciation
−$3,776
Taxable income
$3,121
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$749
After-tax cash flow
$4,286/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
Houston County
NCES district ID
1302880
Math proficiency
43% ▼ -7.00%
Reading proficiency
46% ▼ -2.00%
Median HH income
$54,823
Composite
38.68/100
National rank
#4144
State rank
#23 of 174 in GA

Livability — Centerville

Score
73/100
State rank
#56
US rank
#5374

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Centerville, GA

Population outlook (Houston County) Hauer SSP2

Today (2025)
169,502 people
By 2030
178,486 · +5.3%
By 2040
194,642 · +14.8%
By 2050
207,119 · +22.2%
By 2075
231,480 · +36.6%
By 2100
235,034 · +38.7%

Not yet ingested

Political lean
Race & ethnicity
Common origin
Civics

Market trends

HPI YoY
Current HPI
Rent YoY
Metro
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

+195.0% since first listed
6 events — show timeline
  • 2026-06-10 Price Changed $129,800 CGMLS
  • 2026-06-09 Relisted CGMLS
  • 2026-05-07 Pending CGMLS
  • 2026-04-17 Listed $134,800 CGMLS
  • 1990-07-23 Sold (Public Records) $71,500 Public Records
  • 1978-02-28 Sold (Public Records) $44,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $1,401 · +8.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…