1101 Sunshine Rd · Toccoa, GA 30577

$74,900

4 bd · 2.0 ba · 1,620 sqft · Manufactured public records · 79 Days on market

Built 2001 1.04 ac lot $46/sqft · 80% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +8.1/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Double wide mobile home with fire damage. Sold AS-IS. Seller will review owner-occupant offers after 7 DOM and Investor offers after 30 DOM. No blind offers and No assignable contracts. Under FinCEN's new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all cash, privately financed or HELOC. CASH TRANSACTIONS ONLY! NO MH CURATIVE TO BE DONE, NO DMV TITLE PROVIDED. PROPERTY IS BEING MARKETED "AS IS" AND BUYERS WILL NEED TO SIGN ATTACHED HHA STATING: Seller will not be held liable concerning the mobile home. Title company is only insuring the land & not the MH. Seller will not provide a MH DMV title, not take steps to obtain a MH DMV title, not de-title, only the land will be insured.

Key facts

• 1.04 acre lot
• Built 2001
• Listed 79 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $873 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 20.3% vs local median 3.4% in Toccoa — 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 68/100 on livability (#131 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D-, amenities F, commute F.
• Franklin County (rural): math 38% / reading 35% proficiency, ranked #61 of 174 in GA (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 226 active listings in the ZIP; 163 units permitted in Franklin County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $5k of equity ($518 loan paydown + $5k appreciation (6.2% local appreciation)).
• At projected returns (6.2% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,406 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 2.23% ✓
• Cap rate: 20.28%
• Cash-on-cash: 49.96%
• DSCR: 3.22
• GRM: 3.7

CMA / ARV

• ARV (median comp): $405,686
• List price: $74,900
• Delta: -81.54%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Projected returns pro-forma

6.25% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 59.0%
• Equity multiple: 4.74×
• Total profit: $78,347
• Equity at exit: $48,293

10-year hold

• IRR: 55.7%
• Equity multiple: 9.90×
• Total profit: $186,593
• Equity at exit: $88,638

Cash invested: $20,972 (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 →

ZIP-level market 30577

• Home prices YoY: 2.0%
• Active inventory: 226
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,670 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$22 /mo · $262/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$351
• Net cashflow: $873

Break-even live

Break-even rent $564

Max offer price $74,900

Occupancy floor 43%

Sensitivity live

Price	-10% $915	-5% $894	+0% $873	+5% $852	+10% $831
Rent	-10% $741	-5% $807	+0% $873	+5% $939	+10% $1,005
Rate	-1.0pp $911	-0.5pp $892	base $873	+0.5pp $854	+1.0pp $834

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $74,900 Active 79 DOM
2. 2026-06-18
   days on market $74,900 Active 78 DOM
3. 2026-06-17
   days on market $74,900 Active 77 DOM
4. 2026-06-16
   days on market $74,900 Active 76 DOM
5. 2026-06-15
   days on market $74,900 Active 75 DOM
6. 2026-06-14
   days on market $74,900 Active 73 DOM
7. 2026-06-12
   days on market $74,900 Active 72 DOM
8. 2026-06-09
   days on market $74,900 Active 69 DOM
9. 2026-06-08
   days on market $74,900 Active 68 DOM
10. 2026-06-07
    days on market $74,900 Active 67 DOM
11. 2026-06-07
    pricedays on market $74,900 Active 66 DOM
12. 2026-06-03
    days on market $84,900 Active 63 DOM
13. 2026-06-02
    days on market $84,900 Active 62 DOM
14. 2026-06-01
    days on market $84,900 Active 61 DOM
15. 2026-05-31
    days on market $84,900 Active 60 DOM
16. 2026-05-31
    days on market $84,900 Active 59 DOM
17. 2026-03-31
    listed $84,900 New 807-char remark

    Show marketing remark (807 chars)

    Double wide mobile home with fire damage. Sold AS-IS. Seller will review owner-occupant offers after 7 DOM and Investor offers after 30 DOM. No blind offers and No assignable contracts. Under FinCEN's new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all cash, privately financed or HELOC. CASH TRANSACTIONS ONLY! NO MH CURATIVE TO BE DONE, NO DMV TITLE PROVIDED. PROPERTY IS BEING MARKETED "AS IS" AND BUYERS WILL NEED TO SIGN ATTACHED HHA STATING: Seller will not be held liable concerning the mobile home. Title company is only insuring the land & not the MH. Seller will not provide a MH DMV title, not take steps to obtain a MH DMV title, not de-title, only the land will be insured.

ⓘ 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: $262 · $22/mo
• Projected year-2 tax: $689 · $57/mo
• Expected delta: +$427/yr (+$36/mo · 162.5%)

ⓘ 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 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,034
• − Mortgage interest: −$4,196
• − Property taxes: −$262
• − Insurance: −$374
• − Repairs & maintenance: −$1,603
• − Management: −$1,603
• − Depreciation: −$2,179
• Taxable income: $9,817
• Est. tax owed @ 24.0%: −$2,356
• After-tax cash flow: $8,121/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: Franklin County
• NCES district ID: 1302250
• Math proficiency: 38% ▼ -1.00%
• Reading proficiency: 35% ▼ -3.00%
• Median HH income: $35,985
• Composite: 30.28/100
• National rank: #6281
• State rank: #61 of 174 in GA

Livability — Toccoa

• Score: 68/100
• State rank: #131
• US rank: #9152

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Stephens County · 22,964 people
• City population: 22,964
• Metro: Toccoa, GA
• Population (ZIP): 22,964
• Household income: $53,818
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 594.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 22,625 people
• By 2030: 22,725 · +0.4%
• By 2040: 22,806 · +0.8%
• By 2050: 22,713 · +0.4%
• By 2075: 22,514 · -0.5%
• By 2100: 20,768 · -8.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 12% Hispanic / Latino 4% Two or more races 4% Asian 1%
• Common ancestry: Serbian 2% Slovak 2% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+72.6) · D 13.6% · R 86.2%
• 2008→2024 swing: -21.1pp toward R · 2008: -51.5pp · 2024: -72.6pp
• All cycles: 2024: R+72.6 2020: R+69.5 2016: R+68.6 2012: R+59.5 2008: R+51.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.25%
• Current HPI: 320.5275
• Rent YoY: —
• Metro: Toccoa, GA
• 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

Price history

1 event — show timeline

• 2026-03-31 Listed $84,900 GAMLS

Property tax history

+0.5%/yr

Latest (2025): $262 · +15.4% YoY. Source: county tax records.