118 Heirloom Rd · Hinesville, GA 31313

$229,900

3 bd · 2.5 ba · 1,411 sqft · SingleFamily · 365 Days on market

Built 2025 Excellent condition 1,742 sqft lot $163/sqft · 12% below area Est $261k · 12% under $100/mo HOA · 5% of rent

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Why this score? — see what drove the D+ 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).

• ARV discount +12.8/15.0
• Cash flow +11.6/30.0
• Condition / age +4.8/5.0
• 1% rule +3.9/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• DSCR +3.4/10.0
• Schools +2.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

New construction townhome at Heritage Pointe townhomes in Hinesville! Located on the edge of Hinesville close to new restaurants & up-and-coming shopping! Quick commute to Ft. Stewart, Hwy 17 & I-95! 3-bedroom, 2.5-bath townhome with granite counters throughout! Open living space on the first floor with access to the 1-car garage, as well as the fenced backyard. The kitchen features a spacious pantry & stainless appliances, including refrigerator! From the island, look out to the dining area & family room with ceiling fan. Enjoy a sodded backyard with irrigation & privacy fence from the patio! Upstairs, you'll find two bedrooms, a hall bath, a laundry room & the primary suite. Within the primary suite is a ceiling fan, walk-in closet & private bath. The private bath includes a dual vanity with granite counter, shower/tub combo & another walk-in closet! HOA to provide regular landscaping.

Key facts

• Irrigation
• Spacious pantry
• Sodded backyard

Tags

• NEW CONSTRUCTION TOWNHOME
• FENCED BACKYARD
• SPACIOUS PANTRY
• STAINLESS APPLIANCES
• SODDED BACKYARD
• IRRIGATION

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $230k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-72 ($-868/yr) — negative.
• To cash-flow at today's rent, offer at most $219k (4.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (11.0% below list).
• Recommended offer: $202k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#51 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, commute D+, crime F.
• Liberty County (urban): math 19% / reading 28% proficiency, ranked #133 of 174 in GA (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+5.4%/yr); 911 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 471 units permitted in Liberty County in 2024 (0 in 5+ unit buildings).
• This rent runs 41% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Liberty County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 365 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 3 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. 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 365 days. Have you received any prior offers? Is the seller open to a 12% 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 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?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. 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?
9. 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.
10. 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.
11. 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: 0.89% ✗
• Cap rate: 5.92%
• Cash-on-cash: -1.35%
• DSCR: 0.94
• GRM: 9.4

CMA / ARV

• ARV (median comp): $260,771
• List price: $229,900
• Delta: -11.84%
• 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
143 Hamilton Dr	0.41mi	3/2.5	1,462 (+4%)	3mo	$264,400	$181	72
39 Legacy Ln	0.15mi	3/2.0	1,565 (+11%)	2mo	$294,000	$188	71
169 Hamilton Dr	0.42mi	3/2.5	1,462 (+4%)	4mo	$265,200	$181	71
85 Hamilton Dr	0.39mi	3/2.5	1,462 (+4%)	6mo	$265,700	$182	71
76 Hamilton Dr	0.37mi	3/2.5	1,462 (+4%)	9mo	$265,300	$181	69
236 Providence Loop	0.38mi	3/2.0	1,544 (+9%)	0mo	$282,000	$183	64
324 Abode Ave	0.15mi	4/2.0 (+1)	1,568 (+11%)	5mo	$285,000	$182	63
125 Providence Loop	0.34mi	3/2.0	1,544 (+9%)	6mo	$281,400	$182	62
44 Providence Loop	0.33mi	4/2.0 (+1)	1,581 (+12%)	1mo	$291,200	$184	57
111 Providence Loop	0.34mi	4/2.0 (+1)	1,581 (+12%)	8mo	$291,500	$184	50
605 Palmetto Trce	0.53mi	3/2.0	1,225 (-13%)	8mo	$170,000	$139	44
389 Gray Fox Rd	0.67mi	4/2.0 (+1)	1,296 (-8%)	6mo	$260,000	$201	43

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 · 5.41% rent growth · sell at horizon

5-year hold

• IRR: -15.6%
• Equity multiple: 0.43×
• Total profit: $-36,689
• Equity at exit: $34,279

10-year hold

• IRR: -3.3%
• Equity multiple: 0.76×
• Total profit: $-15,603
• Equity at exit: $19,878

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.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 22 active · 30 under contract
• Months of supply: 9.4 mo (11%/mo absorbed)
• Median asking: $262,400 ($173/sqft)
• Median days on market: 98 d
• This list price: 5% of active listings are priced below it
• ARV vs active asking: +6.8% vs current asking $/sqft

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

ZIP-level market 31313

• Home prices YoY: -27.1%
• Rents YoY: 5.4%
• Active inventory: 911
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,046 high
• Mortgage (P&I): −$1,206
• Tax est. 1.5%: −$287 /mo · $3,448/yr
• Insurance: −$96
• HOA: −$100
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $-72

Break-even live

Break-even rent $2,138

Max offer price $219,429

Occupancy floor 99%

Sensitivity live

Price	-10% $87	-5% $7	+0% $-72	+5% $-152	+10% $-231
Rent	-10% $-234	-5% $-153	+0% $-72	+5% $8	+10% $89
Rate	-1.0pp $43	-0.5pp $-14	base $-72	+0.5pp $-132	+1.0pp $-193

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
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
96 Beaumont Dr Unit 1 Hinesville, GA	3.0	2.0	1400	$1,975	$1.41	139d	1	0.05mi
193 Heirloom Rd Hinesville, GA	3.0	2.5	1400	$2,300	$1.64	139d	1	0.08mi
78 Centennial Ct Hinesville, GA	3.0	2.5	1462	$2,100	$1.44	139d	1	0.17mi
100 Centennial Ct Hinesville, GA	3.0	2.5	1703	$2,150	$1.26	139d	1	0.19mi
158 Hamlet Ct Hinesville, GA	3.0	2.5	1458	$1,900	$1.30	5d	1	0.23mi
767 Abode Ave Hinesville, GA	3.0	2.0	1428	$2,150	$1.51	5d	1	0.24mi
720 Thornwood Way Hinesville, GA	3.0	2.0	1352	$1,800	$1.33	5d	1	0.29mi
707 Thornwood Way Hinesville, GA	3.0	1.0	1040	$1,200	$1.15	139d	1	0.40mi
130 Hazy Ln Hinesville, GA	3.0	2.5	1518	$2,100	$1.38	139d	1	0.49mi
89 Hazy Ln Hinesville, GA	4.0	2.0	1482	$2,100	$1.42	5d	1	0.53mi
25 Hazy Ln Hinesville, GA	3.0	2.5	1392	$1,995	$1.43	5d	1	0.54mi
92 Hazy Ln Hinesville, GA	4.0	2.5	1463	$2,300	$1.57	5d	1	0.54mi
601 Tupelo Trl Hinesville, GA	2.0	1.0	1340	$1,200	$0.90	3d	1	0.62mi
601 Tupelo Trl Hinesville, GA	3.0	2.0	1504	$1,350	$0.90	5d	1	0.62mi
504 Heritage Dr Hinesville, GA	3.0	2.0	1270	$2,025	$1.59	5d	1	0.94mi
404 Patton Rd Hinesville, GA	2.0	1.0	960	$1,425	$1.48	5d	1	1.09mi
454 Floyd Cir Hinesville, GA	3.0	2.0	1658	$2,650	$1.60	5d	1	1.39mi
145 Factors Walk Hinesville, GA	4.0	2.5	1810	$2,300	$1.27	5d	1	1.43mi

HOA detail $100/mo · $1,200/yr

• Likely covers: landscaping

Listing history 50 events

1. 2026-08-29
   days on market $229,900 Active 365 DOM
2. 2026-08-28
   days on market $229,900 Active 364 DOM
3. 2026-08-27
   days on market $229,900 Active 363 DOM
4. 2026-08-26
   days on market $229,900 Active 362 DOM
5. 2026-08-25
   days on market $229,900 Active 361 DOM
6. 2026-08-24
   days on market $229,900 Active 360 DOM
7. 2026-08-23
   days on market $229,900 Active 359 DOM
8. 2026-08-22
   days on market $229,900 Active 358 DOM
9. 2026-08-21
   days on market $229,900 Active 357 DOM
10. 2026-08-20
    days on market $229,900 Active 356 DOM
11. 2026-08-19
    days on market $229,900 Active 355 DOM
12. 2026-08-18
    days on market $229,900 Active 354 DOM
13. 2026-08-17
    statusdays on marketlisting id $229,900 Active 353 DOM
14. 2026-07-29
    statusdays on market $229,900 Pending 229 DOM
15. 2026-07-27
    days on market $229,900 Active 228 DOM
16. 2026-07-25
    days on market $229,900 Active 226 DOM
17. 2026-07-23
    days on market $229,900 Active 224 DOM
18. 2026-07-22
    days on market $229,900 Active 223 DOM
19. 2026-07-21
    days on market $229,900 Active 222 DOM
20. 2026-07-18
    days on market $229,900 Active 219 DOM
21. 2026-07-16
    days on market $229,900 Active 217 DOM
22. 2026-07-16
    days on market $229,900 Active 216 DOM
23. 2026-07-14
    days on market $229,900 Active 215 DOM
24. 2026-07-13
    days on market $229,900 Active 214 DOM
25. 2026-07-12
    days on market $229,900 Active 213 DOM
26. 2026-07-11
    days on market $229,900 Active 212 DOM
27. 2026-07-10
    days on market $229,900 Active 211 DOM
28. 2026-07-09
    days on market $229,900 Active 210 DOM
29. 2026-07-08
    days on market $229,900 Active 209 DOM
30. 2026-07-07
    days on market $229,900 Active 208 DOM
31. 2026-07-06
    days on market $229,900 Active 207 DOM
32. 2026-07-05
    days on market $229,900 Active 206 DOM
33. 2026-07-04
    days on market $229,900 Active 205 DOM
34. 2026-07-03
    days on market $229,900 Active 204 DOM
35. 2026-07-02
    days on market $229,900 Active 203 DOM
36. 2026-07-01
    days on market $229,900 Active 202 DOM
37. 2026-06-30
    days on market $229,900 Active 201 DOM
38. 2026-06-29
    days on market $229,900 Active 200 DOM
39. 2026-06-28
    days on market $229,900 Active 199 DOM
40. 2026-06-28
    days on market $229,900 Active 198 DOM
41. 2026-06-27
    days on market $229,900 Active 197 DOM
42. 2026-06-26
    days on market $229,900 Active 196 DOM
43. 2026-06-23
    days on market $229,900 Active 193 DOM
44. 2026-06-21
    days on market $229,900 Active 192 DOM
45. 2026-06-19
    days on market $229,900 Active 190 DOM
46. 2026-06-18
    days on market $229,900 Active 189 DOM
47. 2026-06-17
    days on market $229,900 Active 188 DOM
48. 2026-06-16
    days on market $229,900 Active 187 DOM
49. 2026-06-15
    days on market $229,900 Active 186 DOM
50. 2026-06-14
    days on market $229,900 Active 184 DOM

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

Taxation est. · year 1

• Rental income: $24,553
• − Mortgage interest: −$12,878
• − Property taxes: −$3,448
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,964
• − Management: −$1,964
• − HOA: −$1,200
• − Depreciation: −$6,688
• Taxable loss: −$4,739
• Est. tax savings @ 24.0%: +$1,137
• After-tax cash flow: $269/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 · 2 photos

Excellent 95/100 None rehab

This new construction townhome is in excellent condition with no visible repairs needed. It offers a good ROI with potential for landscaping and interior updates to further enhance its value.

Value-add opportunities

• Both Landscaping improvements — Enhances curb appeal and property value ↑
• Both Interior paint touch-ups — Fresh paint can make a significant difference in appearance ↑
• Both Kitchen appliances — Upgrading appliances can increase both resale and rental value ↑

F Composite school gradezoned avg 28/100

Zoned Schools

Elementary Joseph Martin Elementary School F GA #784/1,228 Nat'l #31,434/41,679 Middle Midway Middle School F GA #260/470 Nat'l #9,410/14,009 High Liberty County High School F GA #131/424 Nat'l #10,882/17,239

Schools (NCES district)

• District: Liberty County
• NCES district ID: 1303300
• Math proficiency: 19% ▼ -16.00%
• Reading proficiency: 28% ▼ -13.00%
• Median HH income: $43,911
• Composite: 20.2/100
• National rank: #8630
• State rank: #133 of 174 in GA

B Composite livability gradescore 73/100

Livability — Hinesville

• Score: 73/100
• State rank: #51
• US rank: #5200

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hinesville, GA
• County: Liberty County · 58,689 people
• Metro: Hinesville, GA
• Population (ZIP): 42,838
• Household income: $60,233
• Rent vs Own: 50.1% rent · 49.9% own
• Severe rent burden: 8% of renters

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Population outlook (Liberty County) Hauer SSP2

• Today (2025): 58,689 people
• By 2030: 57,670 · -1.7%
• By 2040: 55,750 · -5.0%
• By 2050: 54,155 · -7.7%
• By 2075: 58,947 · +0.4%
• By 2100: 66,919 · +14.0%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Black 47% White 31% Hispanic / Latino 13% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 7%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 86% English-only · Spanish 7% Other Indo-European 2% German/W. Germanic 1%

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Political lean MEDSL · Liberty

• 2024 margin: D (+17.4) · D 58.5% · R 41.0%
• 2008→2024 swing: -10.9pp toward R · 2008: 28.4pp · 2024: 17.4pp
• All cycles: 2024: D+17.4 2020: D+24.1 2016: D+21.2 2012: D+30.2 2008: D+28.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -77.50%
• Current HPI: 208.0927
• Rent YoY: ▲ 5.41%
• Metro: Hinesville, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

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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

3 events — show timeline

• 2026-03-04 Listed $229,900 HABR
• 2025-08-29 Listed $229,900 Hive MLS
• 2025-08-29 Listed $229,900 HABR