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409 Constitution Avenue -
D+ Composite 48.63
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

409 Constitution Avenue - · Evans, GA 30907
3 bd · 2.0 ba · 1,404 sqft · SingleFamily public records · 38 Days on market
Built 2022 Good condition $120/sqft · 30% above area Est $130k · 30% over

🖨 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

GATED COMMUNITYFISHING PONDSSWIMMING POOLCLUB HOUSEPAR 3 GOLF COURSEOPEN FLOOR PLAN

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

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 $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.
Recommended offer $163,445 (3.0% below list)

Questions for the listing agent

  1. 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?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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

5-year hold
IRR
-8.4%
Equity multiple
0.70×
Total profit
$-14,371
Equity at exit
$25,124
10-year hold
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
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

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

Break-even rent $1,386
Max offer price $168,500
Occupancy floor 80%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $168,500 Active 38 DOM
  2. 2026-06-17
    days on market $168,500 Active 37 DOM
  3. 2026-06-16
    days on market $168,500 Active 36 DOM
  4. 2026-06-15
    days on market $168,500 Active 35 DOM
  5. 2026-06-14
    days on market $168,500 Active 33 DOM
  6. 2026-06-13
    days on market $168,500 Active 32 DOM
  7. 2026-06-10
    days on market $168,500 Active 30 DOM
  8. 2026-06-09
    days on market $168,500 Active 29 DOM
  9. 2026-06-08
    days on market $168,500 Active 28 DOM
  10. 2026-06-07
    days on market $168,500 Active 27 DOM
  11. 2026-06-03
    days on market $168,500 Active 23 DOM
  12. 2026-06-02
    days on market $168,500 Active 22 DOM
  13. 2026-06-01
    days on market $168,500 Active 21 DOM
  14. 2026-05-31
    days on market $168,500 Active 20 DOM
  15. 2026-05-30
    days on market $168,500 Active 19 DOM
  16. 2026-05-11
    historical
  17. 2026-02-12
    listed $168,500 Active
  18. 2026-02-12
    listed $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

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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
combined federal + state — saved on this device
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

Good 80/100 Cosmetic rehab

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

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

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
27.9% rent · 72.1% 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

Price history

+0.0% since first listed
3 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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