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984 Davenport Rd
B- Composite 68.51
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 +27.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +9.4/10.0
  • 1% rule +6.4/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.3/10.0
  • Appreciation +0.0/10.0

$150,000

984 Davenport Rd · Dalton, GA 30721
4 bd · 1.0 ba · 1,736 sqft · SingleFamily public records · 33 Days on market
Built 1982 0.72 ac lot Est $276k · 46% under ↓ 14% since listing

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

Listing remarks MLS

Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

Key facts

  • Generous yard
  • Outdoor oasis
  • 0.72 acre lot

Tags

GENEROUS YARDQUIET COUNTRY SETTINGOUTDOOR OASISPRIVACY AND TRANQUILITY

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 4-bed/1.0-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $423 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Recommended offer: $146k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.7% vs local median 3.4% in Dalton — 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 67/100 on livability (#172 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
  • Murray County (other): math 25% / reading 31% proficiency, ranked #107 of 174 in GA (top 62%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Spring Place Elementary School (math 27% / reading 27%, grade F, #689 of 1,228 statewide, top 58%, 601 students, 76% FRL); Gladden Middle School (math 26% / reading 30%, grade F, #265 of 470 statewide, top 57%, 548 students, 68% FRL); Murray County High School (math 10% / reading 32%, grade F, #225 of 424 statewide, top 54%, 1,102 students, 65% FRL).
  • Market conditions: 388 active listings in the ZIP; 125 units permitted in Murray County in 2024 (5 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Murray County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 33 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
  • 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

  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $145,500 (3.0% below list)

Questions for the listing agent

  1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  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
1.14%
Cap rate
9.68%
Cash-on-cash
12.09%
DSCR
1.54
GRM
7.3

CMA / ARV

ARV (on-the-fly)
$276,024
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
459 Fox Bridge Rd SE 0.57mi 4/2.0 1,764 (+2%) 22mo $280,000 $159 49

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
1.6%
Equity multiple
1.06×
Total profit
$2,602
Equity at exit
$22,365
10-year hold
IRR
11.2%
Equity multiple
1.88×
Total profit
$36,795
Equity at exit
$12,969

Cash invested: $42,000 (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.

ZIP-level market 30721

Active inventory
388
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$1,706 medium interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$76 /mo · $906/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$358
Net cashflow
$423

Break-even live

Break-even rent $1,170
Max offer price $150,000
Occupancy floor 70%

Sensitivity live

Price -10% $508 -5% $466 +0% $423 +5% $381 +10% $338
Rent -10% $288 -5% $356 +0% $423 +5% $491 +10% $558
Rate -1.0pp $499 -0.5pp $461 base $423 +0.5pp $384 +1.0pp $345

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
$37,500
Closing costs
$4,500
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.

Listing history 11 events

  1. 2026-03-15
    status Pending 647-char remark
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  2. 2026-03-15
    status Pending
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  3. 2026-03-03
    status Active 647-char remark
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  4. 2026-03-03
    status Active
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  5. 2026-02-04
    status Pending 647-char remark
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  6. 2026-02-04
    status Pending
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  7. 2026-01-28
    price $150,000 647-char remark
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  8. 2026-01-28
    price $150,000
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  9. 2026-01-12
    listed $175,000 Active 647-char remark
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  10. 2026-01-12
    listed $175,000 Active
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

  11. 2026-01-12
    listed $150,000 Active
    Show marketing remark (647 chars)

    Back on market at no fault to the seller. Welcome to peaceful country living with room to grow! This inviting home sits on almost an acre, offering spacious bedrooms and an open, comfortable layout perfect for everyday living. The generous yard provides plenty of space for kids to play, pets to roam, or to create your own outdoor oasis. Tucked away in a quiet country setting, you'll enjoy the privacy and tranquility of rural living while still being within convenient reach of town amenities. Whether you're looking for space, serenity, or a place to make lasting memories, this property delivers the perfect blend of comfort and room to roam.

ⓘ 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
$906 · $76/mo
Projected year-2 tax
$1,380 · $115/mo
Expected delta
+$474/yr (+$39/mo · 52.3%)

ⓘ 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 · 19 d/yr by 30 yrs out
  • 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,473
− Mortgage interest
−$8,402
− Property taxes
−$906
− Insurance
−$750
− Repairs & maintenance
−$1,638
− Management
−$1,638
− Depreciation
−$4,364
Taxable income
$2,775
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$666
After-tax cash flow
$4,412/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
Murray County
NCES district ID
1303840
Math proficiency
25% ▼ -13.00%
Reading proficiency
31% ▼ -6.00%
Median HH income
$38,127
Composite
23.39/100
National rank
#7901
State rank
#107 of 174 in GA

Livability — Dalton

Score
67/100
State rank
#172
US rank
#10778

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Whitfield County · 80,309 people
City population
80,309
Metro
Dalton, GA
Population (ZIP)
53,060
Household income
$62,094
Rent vs Own
34.7% rent · 65.3% own
Severe rent burden
1156.0

Population outlook (Murray County) Hauer SSP2

Today (2025)
39,666 people
By 2030
39,301 · -0.9%
By 2040
38,248 · -3.6%
By 2050
37,015 · -6.7%
By 2075
35,253 · -11.1%
By 2100
34,727 · -12.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.55)
Race & ethnicity
White 48% Hispanic / Latino 47% Two or more races 10% Black 4% Native American 1%
Hispanic origin (detail)
Mexican 35% Cuban 1%
Common ancestry
Slovak 1% Italian 1%
Foreign-born
24% · Canada, Jamaica
Languages at home
62% English-only · Spanish 37%

Political lean MEDSL · Murray

2024 margin
Solid R (+71.6) · D 14.1% · R 85.7%
2008→2024 swing
-26.3pp toward R · 2008: -45.3pp · 2024: -71.6pp
All cycles
2024: R+71.6 2020: R+69.2 2016: R+68.8 2012: R+52.6 2008: R+45.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -220.10%
Current HPI
314.9341
Rent YoY
Metro
Dalton, GA
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

-14.3% since first listed
11 events — show timeline
  • 2026-03-15 Pending CCARMLS
  • 2026-03-15 Pending GCAR
  • 2026-03-03 Relisted CCARMLS
  • 2026-03-03 Relisted GCAR
  • 2026-02-04 Pending CCARMLS
  • 2026-02-04 Pending GCAR
  • 2026-01-28 Price Changed $150,000 CCARMLS
  • 2026-01-28 Price Changed $150,000 GCAR
  • 2026-01-12 Listed $150,000 CCARMLS
  • 2026-01-12 Listed $175,000 GCAR
  • 2026-01-12 Listed $175,000 CCARMLS

Property tax history

+6.5%/yr

Latest (2025): $906 · +2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…