409 Constitution Avenue - · Evans, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 62.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +21.5/30.0
- DSCR +6.9/10.0
- 1% rule +5.1/10.0
- Schools +4.5/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Rent growth +2.8/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$168,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this well established 55 and over gated community of Wymberly in Columbia County Martinez, GA Neighborhood has many amenities such as fishing ponds, swimming pool, club house, and a par 3 golf course. This home is move-in ready - Smoke Free and Pet Free! This home is spic and span and only 4 years old. Features include an Open Floor Plan with Livingroom, Kitchen with all appliances, breakfast bar and a Dining Area. Washer & Dryer are included too! Lots of cabinets and countertops, double sinks, and recessed lighting make this space so enjoyable! The 8'x 5' Laundry Room is right off the kitchen with an extra storage closet. This home has 3 large walk-in Closets in the b
Key facts
- Gated community
- Open floor plan
- Swimming pool
Tags
Property features AI
Finance
- Other: Directions available in listing remarks
- HOA & community: Clubhouse; Gated; Golf course access; Park; Trails; Community pool; Street lights; Subdivision: Wymberly; Land is leased
Exterior
- Parking: Attached garage; Carport (1 space); Parking pad
- Security: Gated community (association); Smoke detector(s)
- Utilities: Public water; Public sewer; Cable available
- Home design: Manufactured home (residential); One story; Entry level: 1
- Construction: Brick veneer and vinyl siding exterior; Composition roof; Concrete perimeter foundation; Built as a manufactured home
- Exterior features: Front porch; Rear porch; Patio/porch details: see remarks; Outbuilding; Lake privileges; Has view; Paved road access; Storm door(s)
Interior
- Kitchen: Refrigerator; Range; Microwave; Dishwasher; Ice maker; Electric water heater
- Bedrooms: Total rooms: 7
- Flooring: Carpet; Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central air; Ceiling fan(s); Electric heating; Heat pump
- Interior features: Walk-in closets; Kitchen island; Eat-in kitchen; Window coverings; Smoke detector(s)
- Laundry & utility: Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $168k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $253 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $168k).
- Recommended offer: $163k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.1% vs local median 3.8% in Evans — 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 77/100 on livability (#20 in GA, #3,058 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities D+, commute F.
- Columbia County (suburban): math 49% / reading 52% proficiency, ranked #13 of 174 in GA (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising (+1.1%/yr); 333 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,213 units permitted in Columbia 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 $5k of value loss. Plan a longer hold.
- Columbia County population projected at +62% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 38 days — a 3% lower offer ($163k) 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.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 62% 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.
Questions for the listing agent
- It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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.
- 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.
- 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
- 1.01% ✓
- Cap rate
- 8.10%
- Cash-on-cash
- 6.44%
- DSCR
- 1.29
- GRM
- 8.2
CMA / ARV
- ARV (median comp)
- $129,672
- List price
- $168,500
- Delta
- 29.94%
- Verdict
- OVERPRICED
- Comps
- 2 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4750 Maple Spring Ct | 0.52mi | 3/2.0 | 1,390 (-1%) | 6mo | $259,990 | $187 | 69 |
| 135 Crawford Dr | 0.43mi | 3/2.0 | 1,466 (+4%) | 5mo | $230,000 | $157 | 68 |
| 118 Rona Ct | 0.45mi | 3/2.0 | 1,450 (+3%) | 7mo | $236,000 | $163 | 67 |
| 133 Highview Dr | 0.40mi | 3/2.0 | 1,510 (+8%) | 3mo | $188,000 | $125 | 66 |
| 4534 Oakley Pirkle Rd | 0.73mi | 3/2.0 | 1,404 (0%) | 8mo | $250,000 | $178 | 59 |
| 104 Highview Dr | 0.54mi | 4/2.0 (+1) | 1,496 (+7%) | 2mo | $240,000 | $160 | 57 |
| 124 Lisa Ct | 0.50mi | 3/2.0 | 1,492 (+6%) | 11mo | $237,000 | $159 | 57 |
| 4761 Maple Spring Ct | 0.60mi | 3/2.0 | 1,517 (+8%) | 6mo | $260,000 | $171 | 53 |
| 4544 Oakley Pirkle Rd | 0.67mi | 3/2.0 | 1,468 (+5%) | 13mo | $243,500 | $166 | 51 |
| 150 Pinecone Pl | 0.52mi | 3/2.0 | 1,224 (-13%) | 5mo | $240,000 | $196 | 50 |
| 209 Highview Way | 0.54mi | 3/2.0 | 1,532 (+9%) | 13mo | $225,000 | $147 | 48 |
| 160 Crawford Drive Dr | 0.58mi | 3/2.5 | 1,540 (+10%) | 14mo | $260,000 | $169 | 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 · 1.12% rent growth · sell at horizon
- IRR
- -8.4%
- Equity multiple
- 0.70×
- Total profit
- $-14,371
- Equity at exit
- $25,124
- IRR
- -1.5%
- Equity multiple
- 0.91×
- Total profit
- $-4,348
- Equity at exit
- $14,569
Cash invested: $47,180 (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
ZIP-level market 30907
- Rents YoY
- 1.1%
- Active inventory
- 333
- Price-to-rent
- 8.2×
Monthly cashflow live
- Estimated rent
- $1,706 high interval (Pro) →
- Mortgage (P&I)
- −$884
- Tax from tax record
- −$141 /mo · $1,693/yr
- Insurance
- −$70
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$358
- Net cashflow
- $253
Break-even live
Sensitivity live
| Price | -10% $348 | -5% $301 | +0% $253 | +5% $205 | +10% $158 |
|---|---|---|---|---|---|
| Rent | -10% $118 | -5% $186 | +0% $253 | +5% $320 | +10% $388 |
| Rate | -1.0pp $338 | -0.5pp $296 | base $253 | +0.5pp $209 | +1.0pp $165 |
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
- $42,125
- Closing costs
- $5,055
- 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 24 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 109 Highview Dr Augusta, GA | 4.0 | 2.0 | 1675 | $1,600 | $0.96 | 14d | 1 | 0.48mi |
| 4537 Shawnee Dr Augusta, GA | 3.0 | 2.0 | 1534 | $1,795 | $1.17 | 24d | 1 | 0.67mi |
| 4460 Whisperwood Dr Augusta, GA | 3.0 | 2.0 | 1388 | $1,600 | $1.15 | 24d | 1 | 0.72mi |
| 4724 Brookgreen Rd Augusta, GA | 3.0 | 2.0 | 1798 | $2,175 | $1.21 | 14d | 1 | 0.85mi |
| 4680 Brookwood Ln Grovetown, GA | 2.0 | 2.5 | 1192 | $1,300 | $1.09 | 14d | 1 | 0.86mi |
| 327 Oak Lake Dr Augusta, GA | 3.0 | 2.0 | 1619 | $1,600 | $0.99 | 24d | 1 | 0.90mi |
| 157 Moss Creek Dr Augusta, GA | 3.0 | 2.5 | 1818 | $1,775 | $0.98 | 24d | 1 | 0.96mi |
| 807 Bell Springs Ct Grovetown, GA | 3.0 | 2.5 | 1844 | $1,900 | $1.03 | 44d | 1 | 0.98mi |
| 336 Deerwood Ct Augusta, GA | 3.0 | 1.5 | 1064 | $1,525 | $1.43 | 44d | 1 | 1.03mi |
| 4532 Hillside Dr Evans, GA | 3.0 | 2.0 | 1271 | $1,700 | $1.34 | 24d | 1 | 1.12mi |
| 4532 Hillside Dr Evans, GA | 3.0 | 2.0 | 1271 | $1,700 | $1.34 | 44d | 1 | 1.12mi |
| 210 Foxdale Dr Evans, GA | 3.0 | 2.0 | 1618 | $1,745 | $1.08 | 24d | 1 | 1.13mi |
| 210 Foxdale Dr Evans, GA | 3.0 | 2.0 | 1618 | $1,800 | $1.11 | 44d | 1 | 1.13mi |
| 4116 Melrose Dr Augusta, GA | 3.0 | 2.0 | 1220 | $1,450 | $1.19 | 14d | 1 | 1.19mi |
| 4116 Melrose Dr Augusta, GA | 3.0 | 2.0 | 1220 | $1,450 | $1.19 | 44d | 1 | 1.19mi |
| 4553 Hillside Dr Evans, GA | 4.0 | 2.0 | 1474 | $1,535 | $1.04 | 44d | 1 | 1.24mi |
| 4104 Spencer St Augusta, GA | 3.0 | 2.0 | 1334 | $1,650 | $1.24 | 24d | 1 | 1.25mi |
| 4104 Spencer St Augusta, GA | 3.0 | 2.0 | 1334 | $1,650 | $1.24 | 44d | 1 | 1.25mi |
| 2414 Cox Rd Evans, GA | 3.0 | 2.0 | 1404 | $1,695 | $1.21 | 22d | 1 | 1.29mi |
| 913 Cabot Cv Augusta, GA | 3.0 | 2.5 | 1677 | $1,895 | $1.13 | 44d | 1 | 1.35mi |
| 1447 Collins Dr Augusta, GA | 3.0 | 2.5 | 1580 | $1,790 | $1.13 | 44d | 1 | 1.38mi |
| 1426 Collins Dr Augusta, GA | 3.0 | 2.5 | 1551 | $2,000 | $1.29 | 24d | 1 | 1.41mi |
| 4082 Spencer St Augusta, GA | 3.0 | 2.0 | 1600 | $1,795 | $1.12 | 44d | 1 | 1.42mi |
| 4081 Melrose Dr Augusta, GA | 3.0 | 2.0 | 1331 | $1,731 | $1.30 | 24d | 1 | 1.45mi |
Listing history 18 events
-
2026-06-18days on market $168,500 Active 38 DOM
-
2026-06-17days on market $168,500 Active 37 DOM
-
2026-06-16days on market $168,500 Active 36 DOM
-
2026-06-15days on market $168,500 Active 35 DOM
-
2026-06-14days on market $168,500 Active 33 DOM
-
2026-06-13days on market $168,500 Active 32 DOM
-
2026-06-10days on market $168,500 Active 30 DOM
-
2026-06-09days on market $168,500 Active 29 DOM
-
2026-06-08days on market $168,500 Active 28 DOM
-
2026-06-07days on market $168,500 Active 27 DOM
-
2026-06-03days on market $168,500 Active 23 DOM
-
2026-06-02days on market $168,500 Active 22 DOM
-
2026-06-01days on market $168,500 Active 21 DOM
-
2026-05-31days on market $168,500 Active 20 DOM
-
2026-05-30days on market $168,500 Active 19 DOM
-
2026-05-11historical
-
2026-02-12$168,500 Active
-
2026-02-12$168,500 Active 1673-char remark
ⓘ 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
- $1,693 · $141/mo
- Projected year-2 tax
- $1,693 · $141/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 6/10 Major 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
- Wind 6/10 Major 62% 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,475
- − Mortgage interest
- −$9,439
- − Property taxes
- −$1,693
- − Insurance
- −$842
- − Repairs & maintenance
- −$1,638
- − Management
- −$1,638
- − Depreciation
- −$4,902
- Taxable income
- $324
- Est. tax owed @ 24.0%
- −$78
- After-tax cash flow
- $2,959/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
This move-in ready home in a gated community is in good condition with modern updates and a good condition score. It has a good resale and rental value with minor maintenance and cosmetic updates needed.
Value-add opportunities
- Both paint exterior — enhances curb appeal and resale value
- Both replace carpet — improves comfort and aesthetics
Renovation cost estimate screening
Value-add ROI direction
- Both paint exterior — enhances curb appeal and resale value ↑
- Both replace carpet — improves comfort and aesthetics ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Columbia County
- NCES district ID
- 1301410
- Math proficiency
- 49% ▼ -6.00%
- Reading proficiency
- 52% ▼ -4.00%
- Median HH income
- $69,358
- Composite
- 45.04/100
- National rank
- #2695
- State rank
- #13 of 174 in GA
Livability — Evans
- Score
- 77/100
- State rank
- #20
- US rank
- #3058
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Columbia County · 154,184 people
- City population
- 54,743
- Metro
- Augusta-Richmond County, GA-SC
- Population (ZIP)
- 46,975
- Household income
- $81,912
- Rent vs Own
- Severe rent burden
- 983.0
Population outlook (Columbia County) Hauer SSP2
- Today (2025)
- 189,073 people
- By 2030
- 212,277 · +12.3%
- By 2040
- 259,480 · +37.2%
- By 2050
- 306,991 · +62.4%
- By 2075
- 421,213 · +122.8%
- By 2100
- 496,722 · +162.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (69%)
- Race & ethnicity
- White 69% Black 13% Asian 7% Hispanic / Latino 7% Two or more races 5%
- Hispanic origin (detail)
- Mexican 5% Puerto Rican 1%
- Common ancestry
- Serbian 2% Slovak 2% Lithuanian 2%
- Foreign-born
- 10% · Canada, Vietnam, China
- Languages at home
- 87% English-only · Spanish 5% Other Indo-European 2% Vietnamese 1%
Political lean MEDSL · Columbia
- 2024 margin
- Strong R (+25.6) · D 36.8% · R 62.5%
- 2008→2024 swing
- +17.0pp toward D · 2008: -42.7pp · 2024: -25.6pp
- All cycles
- 2024: R+25.6 2020: R+25.8 2016: R+37.7 2012: R+43.0 2008: R+42.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -174.93%
- Current HPI
- 233.5167
- Rent YoY
- ▲ 1.12%
- Metro
- Augusta-Richmond County, GA-SC
- 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 |
|
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Price history
+0.0% since first listed3 events — show timeline
- 2026-05-11 Listing Removed — Hive MLS
- 2026-02-12 Listed $168,500 Hive MLS
- 2026-02-12 Listed $168,500 Hive MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…