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23481 N US Hwy 19 (7.46 Acres)
D+ Composite 49.76
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 +15.0/15.0
  • Cash flow +10.5/30.0
  • Appreciation +8.8/10.0
  • DSCR +3.0/10.0
  • Livability +2.7/5.0
  • Rent growth +2.5/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • 1% rule +2.2/10.0

$200,000

23481 N US Hwy 19 (7.46 Acres) · Ochlocknee, GA 31773
3 bd · 2.0 ba · 1,440 sqft · SingleFamily public records · 237 Days on market
Built 1972 7.46 ac lot $139/sqft · 18% below area Est $244k · 18% under ↓ 17% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* Country Charm Meets Endless Possibility * Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage—let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

Key facts

  • Mature hardwoods
  • 7.46-acre canvas
  • Trails

Tags

7.46-ACRE CANVASMATURE HARDWOODSESTABLISHED PINESFRONT AND BACK PORCHESAMPLE SPACE FOR GARDENSTRAILS

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 $200k.

Deal economics

  • At list price, monthly cash flow is $-102 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $182k (9.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $144k (27.8% below list).
  • Recommended offer: $144k (27.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 53/100 on livability (#559 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime D-, amenities F.
  • Thomas County (rural): math 27% / reading 32% proficiency, ranked #97 of 174 in GA (top 56%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 27 active listings in the ZIP; 213 units permitted in Thomas County in 2024 (72 in 5+ unit buildings).

Forward outlook

  • In year one you build about $17k of equity ($1k loan paydown + $15k appreciation (7.7% local appreciation)).
  • Thomas County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 237 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $40k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $144,450 (27.8% 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 237 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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 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?
  7. Crime grade is D 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
0.72%
Cap rate
5.68%
Cash-on-cash
-2.18%
DSCR
0.90
GRM
11.5

CMA / ARV

ARV (median comp)
$244,168
List price
$200,000
Delta
-18.09%
Verdict
UNDERPRICED
Comps
8 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
46 Shauna Rd 0.28mi 3/2.0 1,639 (+14%) 9mo $300,000 $183 56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

7.7% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
17.6%
Equity multiple
2.29×
Total profit
$72,003
Equity at exit
$147,862
10-year hold
IRR
16.8%
Equity multiple
4.81×
Total profit
$213,527
Equity at exit
$289,693

Cash invested: $56,000 (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 31773

Home prices YoY
3.2%
Active inventory
27
Price-to-rent
11.5×

Monthly cashflow live

Estimated rent
$1,444 medium interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$111 /mo · $1,330/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$303
Net cashflow
$-102

Break-even live

Break-even rent $1,573
Max offer price $182,017
Occupancy floor

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
$50,000
Closing costs
$6,000
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 28 events

  1. 2026-06-19
    days on market $200,000 Active 237 DOM
  2. 2026-06-18
    days on market $200,000 Active 236 DOM
  3. 2026-06-17
    days on market $200,000 Active 235 DOM
  4. 2026-06-16
    days on market $200,000 Active 234 DOM
  5. 2026-06-15
    days on market $200,000 Active 233 DOM
  6. 2026-06-14
    days on market $200,000 Active 231 DOM
  7. 2026-06-12
    days on market $200,000 Active 230 DOM
  8. 2026-06-09
    days on market $200,000 Active 227 DOM
  9. 2026-06-08
    statusdays on market $200,000 Active 226 DOM
  10. 2026-06-07
    days on market $200,000 Back On Market 225 DOM
  11. 2026-06-07
    statusdays on market $200,000 Back On Market 224 DOM
  12. 2026-05-14
    status Pending 1096-char remark
    Show marketing remark (1096 chars)

    * Country Charm Meets Endless Possibility * Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage—let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  13. 2026-05-13
    status Under Contract 1087-char remark
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  14. 2026-05-13
    historical Active Under Contract
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  15. 2026-05-13
    status Pending
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  16. 2026-03-14
    price $200,000 1096-char remark
    Show marketing remark (1096 chars)

    * Country Charm Meets Endless Possibility * Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage—let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  17. 2026-03-13
    price $200,000 1087-char remark
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  18. 2026-03-13
    price $200,000
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  19. 2026-03-13
    price $200,000
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  20. 2025-12-14
    price $210,000 1096-char remark
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  21. 2025-12-14
    price $210,000
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  22. 2025-12-14
    price $210,000
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  23. 2025-12-14
    price $210,000 1087-char remark
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  24. 2025-12-14
    price $210,900
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  25. 2025-09-30
    listed $239,900 Active 1096-char remark
    Show marketing remark (1096 chars)

    * Country Charm Meets Endless Possibility * Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage—let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  26. 2025-09-29
    listed $239,900 New 1087-char remark
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  27. 2025-09-29
    listed $239,900 Active
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

  28. 2025-09-29
    listed $239,900 Active
    Show marketing remark (1087 chars)

    *Country Charm Meets Endless Possibility* Nestled on a serene 7.46-acre canvas of mature hardwoods and established pines, this classic country homestead offers a rare opportunity to create your dream retreat. Just minutes from town yet worlds away in peacefulness, the property boasts a tranquil setting perfect for those seeking privacy, nature, and room to roam. The home itself is a vintage gem waiting to be polished. With timeless front and back porches ideal for morning coffee or evening sunsets, it exudes character and charm. While it does require significant updates and repairs, its solid bones and rustic appeal provide the perfect foundation for a thoughtful renovation. Whether you're envisioning a cozy farmhouse, a weekend getaway, or a full-scale transformation, this property invites you to bring your vision to life. The land offers ample space for gardens, trails, or even a future guest cottage-let your imagination run wild. If you're ready to roll up your sleeves and embrace the beauty of country living with the promise of potential, this is the place to start.

ⓘ 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
$1,330 · $111/mo
Projected year-2 tax
$1,840 · $153/mo
Expected delta
+$510/yr (+$43/mo · 38.4%)

ⓘ 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 8/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 10 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
$17,334
− Mortgage interest
−$11,203
− Property taxes
−$1,330
− Insurance
−$1,000
− Repairs & maintenance
−$1,387
− Management
−$1,387
− Depreciation
−$5,818
Taxable loss
−$4,790
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,150
After-tax cash flow
$-72/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
Thomas County
NCES district ID
1304890
Math proficiency
27% ▼ -8.00%
Reading proficiency
32% ▼ -3.00%
Median HH income
$41,341
Composite
24.95/100
National rank
#7565
State rank
#97 of 174 in GA

Livability — Ochlocknee

Score
53/100
State rank
#559
US rank
#24362

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
4,040
Population (ZIP)
4,040

Population outlook (Thomas County) Hauer SSP2

Today (2025)
45,303 people
By 2030
45,052 · -0.6%
By 2040
44,034 · -2.8%
By 2050
42,310 · -6.6%
By 2075
37,569 · -17.1%
By 2100
30,676 · -32.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (77%)
Race & ethnicity
White 77% Black 14% Two or more races 7% Hispanic / Latino 2%
Common ancestry
Slovak 3% Portuguese 1% Italian 1%
Foreign-born
0% · Vietnam
Languages at home
98% English-only · Spanish 1%

Political lean MEDSL · Thomas

2024 margin
Strong R (+24.1) · D 37.8% · R 61.9%
2008→2024 swing
-8.3pp toward R · 2008: -15.8pp · 2024: -24.1pp
All cycles
2024: R+24.1 2020: R+19.5 2016: R+21.8 2012: R+18.5 2008: R+15.8

Not yet ingested

Civics

Market trends

HPI YoY
▲ 7.70%
Current HPI
249.2072
Rent YoY
Metro
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

-16.6% since first listed
17 events — show timeline
  • 2026-05-14 Pending TABRMLS
  • 2026-05-13 Pending GAMLS
  • 2026-05-13 Contingent CATRS
  • 2026-05-13 Pending SGMLS
  • 2026-03-14 Price Changed $200,000 TABRMLS
  • 2026-03-13 Price Changed $200,000 GAMLS
  • 2026-03-13 Price Changed $200,000 CATRS
  • 2026-03-13 Price Changed $200,000 SGMLS
  • 2025-12-14 Price Changed $210,000 TABRMLS
  • 2025-12-14 Price Changed $210,000 CATRS
  • 2025-12-14 Price Changed $210,000 SGMLS
  • 2025-12-14 Price Changed $210,000 GAMLS
  • 2025-12-14 Price Changed $210,900 CATRS
  • 2025-09-30 Listed $239,900 TABRMLS
  • 2025-09-29 Listed $239,900 SGMLS
  • 2025-09-29 Listed $239,900 CATRS
  • 2025-09-29 Listed $239,900 GAMLS

Property tax history

+1.9%/yr

Latest (2025): $1,330 · -1.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…