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248 Hawks Dr 🏗️ New Construction
F Composite 33.38
Why this score? — see what drove the F 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 +8.0/30.0
  • ARV discount +7.5/15.0
  • Rent growth +4.4/5.0
  • Condition / age +4.0/5.0
  • Livability +2.8/5.0
  • 1% rule +2.6/10.0
  • DSCR +2.1/10.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$277,726

248 Hawks Dr · Rossville, GA 30741
4 bd · 2.0 ba · 1,497 sqft · SingleFamily · 113 Days on market
Built 2026 Good condition 6,120 sqft lot 2-car garage $29/mo HOA · 1% of rent ↓ 8% since listing

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

Listing remarks MLS

Are you searching for a stunning house that perfectly suits your lifestyle? Look no further than Freeport, located at 248 Hawks Drive. This ranch-style home is designed to cater to all your needs. As soon as you enter the foyer, you'll notice the open-concept kitchen and living area, which provides ample space for cooking, dining, and unwinding. The kitchen is equipped with a pantry and island, and it leads to a beautiful patio area. The primary bedroom is situated at the back of the house and features a roomy walk-in closet and a private bathroom. In addition, three more bedrooms share a full bathroom. With the laundry room conveniently located off the main foyer, everything you need is at your fingertips. Don't wait - call us today to learn more about the Freeport floor plan! * D. R. Horton is an Equal Housing Opportunity Builder. Home and community information, including pricing, included features, terms, availability and amenities, are subject to change and prior sale at any time without notice or obligation. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from homes as built. Images may contain virtual staging.

Key facts

  • Pantry
  • Open concept kitchen
  • Walk-in closet

Tags

OPEN CONCEPT KITCHENWALK-IN CLOSETPRIVATE BATHROOMPATIO AREAPANTRYLAUNDRY ROOM

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction. The $277,726 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $299,491.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $278k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-305 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $255k (8.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (18.2% below list).
  • Recommended offer: $227k (18.2% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 56/100 on livability (#484 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-, crime B+; Watch: amenities F, commute F, employment D-.
  • Walker County (rural): math 25% / reading 29% proficiency, ranked #114 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.
  • Zoned schools: Stone Creek Elementary School (math 22% / reading 22%, grade F, #810 of 1,228 statewide, top 69%, 425 students, 84% FRL); Rossville Middle School (math 13% / reading 25%, grade F, #368 of 470 statewide, top 79%, 444 students, 81% FRL); Ridgeland High School (math 23% / reading 19%, grade F, #225 of 424 statewide, top 54%, 1,244 students, 70% FRL) — zoned schools average 78% FRL vs 61% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+7.4%/yr); 549 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).
  • At $2,271/mo this rent would consume 46% of the median local household income ($59k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 113 days — a 9% lower offer ($253k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $24k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $227,059 (18.2% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
0.76%
Cap rate
5.07%
Cash-on-cash
-4.36%
DSCR
0.81
GRM
11.0

CMA / ARV

ARV (median comp)
$299,491
List price
$277,726
Delta
-7.27%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
57 Quarter St 0.07mi 4/2.0 1,765 (+18%) 4mo $312,600 $177 68
245 Overbrook Dr 0.46mi 3/2.0 (-1) 1,419 (-5%) 0mo $307,000 $216 65
52 Quarter Street St 0.10mi 3/2.5 (-1) 1,749 (+17%) 2mo $286,000 $164 62
70 Draft St 0.08mi 3/2.5 (-1) 1,749 (+17%) 5mo $287,500 $164 60
70 Draft St 0.08mi 3/2.5 (-1) 1,749 (+17%) 5mo $287,500 $164 60
300 Draft Street St 0.29mi 3/2.5 (-1) 1,749 (+17%) 2mo $274,210 $157 53
334 Draft Street St 0.31mi 3/2.5 (-1) 1,749 (+17%) 3mo $291,815 $167 51
300 Morning Side Dr 0.46mi 3/2.5 (-1) 1,792 (+20%) 1mo $330,000 $184 45
140 Saddlebred Way 0.72mi 3/2.5 (-1) 1,600 (+7%) 4mo $255,900 $160 45
720 Fricks Ln 0.96mi 3/2.5 (-1) 1,624 (+8%) 1mo $288,500 $178 43
715 Mary Agnes Dr 0.81mi 3/2.0 (-1) 1,368 (-9%) 5mo $216,000 $158 41
262 Fox Run Cir S 1.10mi 3/2.0 (-1) 1,724 (+15%) 2mo $299,900 $174 33

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 · 7.44% rent growth · sell at horizon

5-year hold
IRR
-18.8%
Equity multiple
0.32×
Total profit
$-57,304
Equity at exit
$44,655
10-year hold
IRR
-4.1%
Equity multiple
0.68×
Total profit
$-27,032
Equity at exit
$25,895

Cash invested: $83,858 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
31 active · 7 under contract
Months of supply
12.4 mo (8%/mo absorbed)
Median asking
$288,000 ($173/sqft)
Median days on market
148 d
This list price
29% of active listings are priced below it
ARV vs active asking
+15.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 30741

Home prices YoY
-30.7%
Rents YoY
7.4%
Active inventory
549
Price-to-rent
10.2×

Monthly cashflow live

Estimated rent
$2,271 high interval (Pro) →
Mortgage (P&I)
$1,571
Tax est. 1.5%
$374 /mo · $4,492/yr
Insurance
$125
HOA
$29
Vacancy / Maint / Mgmt
$477
Net cashflow
$-305

Break-even live

Break-even rent $2,657
Max offer price $255,364
Occupancy floor

Sensitivity live

Price -10% $-98 -5% $-201 +0% $-305 +5% $-408 +10% $-512
Rent -10% $-484 -5% $-395 +0% $-305 +5% $-215 +10% $-126
Rate -1.0pp $-154 -0.5pp $-229 base $-305 +0.5pp $-383 +1.0pp $-462

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
$74,873
Closing costs
$8,985
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10 Draught St Rossville, GA 3.0–5.0 2.0–3.0 2055 $3,764 $1.83 63d 1 0.29mi
115 Saddlebred Way Rossville, GA 4.0 2.5 1825 $2,145 $1.18 63d 1 0.73mi
114 Saddlebred Way Rossville, GA 3.0 2.5 1600 $2,295 $1.43 93d 1 0.73mi
114 Saddlebred Way Rossville, GA 3.0 2.5 1600 $2,295 $1.43 72d 1 0.73mi
1512 Wilson Rd Rossville, GA 3.0 1.5 1100 $1,295 $1.18 72d 1 0.83mi
1512 Wilson Rd Rossville, GA 3.0 1.5 1100 $1,250 $1.14 63d 1 0.83mi
110 2nd St Rossville, GA 3.0 2.0 1168 $1,399 $1.20 63d 1 1.27mi
106 Champion Rd Rossville, GA 3.0 1.0 1104 $1,675 $1.52 72d 1 1.34mi
106 Champion Rd Rossville, GA 3.0 1.0 1104 $1,675 $1.52 93d 1 1.34mi

Property features AI

Finance

Other
Lot dimensions approximately 51 x 120 (0.14 acres)Located in the Timber Creek subdivision
HOA & community
Homeowners association with annual fee of $350 (about $29.17/mo)

Exterior

Parking
Attached concrete driveway and garage2-car garage
Utilities
Public waterPrivate sewerElectricity connected
Home design
Single-family residenceNew constructionBuilt by D.R. Horton
Construction
Frame constructionSlab foundation
Exterior features
Exterior lightingRain gutters

Interior

Bathrooms
2 full bathrooms
Heating & cooling
Central air conditioning
Interior features
5 total roomsCentral air conditioning

Listing history 50 events

  1. 2026-08-08
    days on market $277,726 Active 113 DOM
  2. 2026-08-07
    days on market $277,726 Active 112 DOM
  3. 2026-08-06
    days on market $277,726 Active 111 DOM
  4. 2026-08-05
    days on market $277,726 Active 110 DOM
  5. 2026-08-04
    days on market $277,726 Active 109 DOM
  6. 2026-08-03
    pricedays on market $277,726 Active 108 DOM
  7. 2026-07-31
    days on market $273,725 Active 105 DOM
  8. 2026-07-30
    days on market $273,725 Active 104 DOM
  9. 2026-07-29
    days on market $273,725 Active 103 DOM
  10. 2026-07-27
    days on market $273,725 Active 101 DOM
  11. 2026-07-25
    days on market $273,725 Active 99 DOM
  12. 2026-07-24
    days on market $273,725 Active 98 DOM
  13. 2026-07-23
    days on market $273,725 Active 97 DOM
  14. 2026-07-22
    days on market $273,725 Active 96 DOM
  15. 2026-07-21
    days on market $273,725 Active 95 DOM
  16. 2026-07-18
    days on market $273,725 Active 92 DOM
  17. 2026-07-16
    days on market $273,725 Active 90 DOM
  18. 2026-07-16
    days on market $273,725 Active 89 DOM
  19. 2026-07-14
    days on market $273,725 Active 88 DOM
  20. 2026-07-13
    days on market $273,725 Active 87 DOM
  21. 2026-07-12
    days on market $273,725 Active 86 DOM
  22. 2026-07-11
    days on market $273,725 Active 85 DOM
  23. 2026-07-10
    days on market $273,725 Active 84 DOM
  24. 2026-07-09
    days on market $273,725 Active 83 DOM
  25. 2026-07-08
    days on market $273,725 Active 82 DOM
  26. 2026-07-07
    days on market $273,725 Active 81 DOM
  27. 2026-07-06
    days on market $273,725 Active 80 DOM
  28. 2026-07-05
    days on market $273,725 Active 79 DOM
  29. 2026-07-04
    days on market $273,725 Active 78 DOM
  30. 2026-07-03
    days on market $273,725 Active 77 DOM
  31. 2026-07-02
    pricedays on market $273,725 Active 76 DOM
  32. 2026-07-01
    days on market $277,725 Active 75 DOM
  33. 2026-06-30
    days on market $277,725 Active 74 DOM
  34. 2026-06-29
    days on market $277,725 Active 73 DOM
  35. 2026-06-28
    days on market $277,725 Active 72 DOM
  36. 2026-06-28
    days on market $277,725 Active 71 DOM
  37. 2026-06-27
    days on market $277,725 Active 70 DOM
  38. 2026-06-25
    days on market $277,725 Active 68 DOM
  39. 2026-06-23
    days on market $277,725 Active 66 DOM
  40. 2026-06-21
    days on market $277,725 Active 65 DOM
  41. 2026-06-18
    days on market $277,725 Active 62 DOM
  42. 2026-06-17
    days on market $277,725 Active 61 DOM
  43. 2026-06-16
    days on market $277,725 Active 60 DOM
  44. 2026-06-15
    days on market $277,725 Active 59 DOM
  45. 2026-06-14
    days on market $277,725 Active 57 DOM
  46. 2026-06-13
    days on market $277,725 Active 56 DOM
  47. 2026-06-10
    days on market $277,725 Active 54 DOM
  48. 2026-06-09
    days on market $277,725 Active 53 DOM
  49. 2026-06-08
    days on market $277,725 Active 52 DOM
  50. 2026-06-07
    days on market $277,725 Active 51 DOM

ⓘ 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
$27,247
− Mortgage interest
−$16,776
− Property taxes
−$4,492
− Insurance
−$1,497
− Repairs & maintenance
−$2,180
− Management
−$2,180
− HOA
−$348
− Depreciation
−$8,712
Taxable loss
−$8,939
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,145
After-tax cash flow
$-1,514/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 Cosmetic rehab Est. rehab $7,485–$22,455 screening

This single-family home in Fairview, GA, is in good condition with modern finishes and a well-maintained exterior. It offers a good balance of updates and maintenance, making it a solid investment opportunity.

Value-add opportunities

  • Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value.
  • Resale Kitchen backsplash — A backsplash can add a modern touch and increase the kitchen's value.
  • Resale Bathroom vanity upgrade — A new vanity can improve the bathroom's appearance and functionality.
  • Rental Flooring in bathrooms — Upgrading to tile or hardwood in bathrooms can increase rental appeal and value.
  • Both Smart home integration — Adding smart home features can increase both resale and rental value by making the home more convenient and energy-efficient.

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 21/100

Zoned Schools

Elementary Stone Creek Elementary School F GA #810/1,228 Nat'l #32,000/41,679 Middle Rossville Middle School F GA #368/470 Nat'l #11,948/14,009 High Ridgeland High School F GA #225/424 Nat'l #13,947/17,239

Schools (NCES district)

District
Walker County
NCES district ID
1305370
Math proficiency
25% ▼ -10.00%
Reading proficiency
29% ▼ -10.00%
Median HH income
$39,889
Composite
22.74/100
National rank
#8035
State rank
#114 of 174 in GA
D Composite livability gradescore 56/100

Livability — Rossville

Score
56/100
State rank
#484
US rank
#22540

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Walker County · 66,050 people
City population
30,041
Metro
Chattanooga, TN-GA
Population (ZIP)
30,041
Household income
$58,834
Rent vs Own
32.3% rent · 67.7% own
Severe rent burden
8% of renters

Population outlook (Walker County) Hauer SSP2

Today (2025)
66,050 people
By 2030
64,305 · -2.6%
By 2040
60,127 · -9.0%
By 2050
55,551 · -15.9%
By 2075
44,886 · -32.0%
By 2100
34,015 · -48.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (86%)
Race & ethnicity
White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
Common ancestry
Slovak 3% Iranian 2% Italian 1%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 3%

Political lean MEDSL · Walker

2024 margin
Solid R (+59.3) · D 20.1% · R 79.4%
2008→2024 swing
-12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
All cycles
2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8

Not yet ingested

Civics

Price history

-8.0% since first listed
6 events — show timeline
  • 2026-05-13 Price Changed $277,725 GCAR
  • 2026-05-12 Price Changed $277,725 Zillow
  • 2026-05-01 Price Changed $297,725 Zillow
  • 2026-05-01 Price Changed $297,725 GCAR
  • 2026-04-16 Listed $301,725 Zillow
  • 2026-04-16 Listed $301,725 GCAR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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