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107 Deer Chase Dr
D- Composite 38.0
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).

  • Appreciation +10.0/10.0
  • Cash flow +7.9/30.0
  • ARV discount +4.6/15.0
  • Livability +3.3/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0
  • DSCR +2.0/10.0

$214,900

107 Deer Chase Dr · Canon, GA 30520
4 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 44 Days on market
Built 2024 1.25 ac lot $160/sqft · 6% above area Est $202k · 6% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Well maintained 2024 Fleetwood double wide mobile home in Hart County on 1.25 acres! Featuring an open floor plan, a split-bedroom plan with 4 bedrooms, 2 baths, a spacious kitchen with stainless steel appliances, this home is ready to move in! Permanent block foundation. This property is eligible under the Freddie Mac First Look Initiative through 6/5/26.

Key facts

  • 1.25 acre lot
  • Built 2024
  • Listed 43 days

Property features AI

Finance

  • Other: Property listed as resale
  • HOA & community: No homeowners association

Exterior

  • Parking: Off-street parking
  • Utilities: Public water available; Septic tank; Water service available
  • Home design: Single-family residence; Residential property; Built in 2024
  • Construction: Vinyl siding; Block foundation; Composition roof
  • Exterior features: Deck; Level, open and partially sloped lot; Grassed and partially wooded vegetation; Double pane windows

Interior

  • Kitchen: Breakfast area; Kitchen island; Pantry; Dishwasher; Refrigerator; Electric water heater
  • Bedrooms: 4 bedrooms on the main level
  • Flooring: Laminate flooring
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Electric heating; Heat pump; Central air conditioning; Electric cooling
  • Interior features: Double vanity; Split-bedroom floor plan; One-level living; Crawl space basement; Family room
  • Laundry & utility: Mud room; Laundry room

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/2.0-bath manufactured listed at $215k.

Deal economics

  • At list price, monthly cash flow is $-225 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $182k (15.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (25.8% below list).
  • Recommended offer: $159k (25.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 66/100 on livability (#189 in GA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
  • Hart County (town): math 32% / reading 33% proficiency, ranked #82 of 174 in GA (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: North Hart Elementary School (math 38% / reading 35%, grade F, #509 of 1,228 statewide, top 42%, 656 students, 57% FRL) — zoned schools at 57% FRL track the district average.
  • Market conditions: 27 active listings in the ZIP; 170 units permitted in Hart County in 2024 (8 in 5+ unit buildings).

Forward outlook

  • In year one you build about $23k of equity ($1k loan paydown + $21k appreciation (10.0% local appreciation)).
  • Hart County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • By year 2, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 44 days — a 3% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
  • 3 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.
  • Current owner paid $166k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Recommended offer $159,493 (25.8% 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 44 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.74%
Cap rate
5.04%
Cash-on-cash
-4.49%
DSCR
0.80
GRM
11.2

CMA / ARV

ARV (median comp)
$202,003
List price
$214,900
Delta
6.38%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
566 Hoke Hill Rd 0.21mi 3/2.0 (-1) 1,350 (+0%) 3mo $205,000 $152 82

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
21.1%
Equity multiple
2.71×
Total profit
$102,726
Equity at exit
$193,599
10-year hold
IRR
19.1%
Equity multiple
6.22×
Total profit
$313,834
Equity at exit
$417,503

Cash invested: $60,172 (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 30520

Home prices YoY
9.0%
Active inventory
27
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$1,595 medium interval (Pro) →
Mortgage (P&I)
$1,127
Tax est. 1.5%
$269 /mo · $3,224/yr
Insurance
$90
HOA
$0
Vacancy / Maint / Mgmt
$335
Net cashflow
$-225

Break-even live

Break-even rent $1,880
Max offer price $182,323
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
$53,725
Closing costs
$6,447
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 24 events

  1. 2026-06-19
    days on market $214,900 Active 44 DOM
  2. 2026-06-18
    days on market $214,900 Active 43 DOM
  3. 2026-06-17
    days on market $214,900 Active 42 DOM
  4. 2026-06-16
    days on market $214,900 Active 41 DOM
  5. 2026-06-15
    days on market $214,900 Active 40 DOM
  6. 2026-06-14
    days on market $214,900 Active 38 DOM
  7. 2026-06-13
    days on market $214,900 Active 37 DOM
  8. 2026-06-10
    days on market $214,900 Active 35 DOM
  9. 2026-06-09
    days on market $214,900 Active 34 DOM
  10. 2026-06-08
    days on market $214,900 Active 33 DOM
  11. 2026-06-07
    days on market $214,900 Active 32 DOM
  12. 2026-06-02
    days on market $214,900 Active 27 DOM
  13. 2026-06-01
    days on market $214,900 Active 26 DOM
  14. 2026-05-31
    days on market $214,900 Active 25 DOM
  15. 2026-05-30
    days on market $214,900 Active 24 DOM
  16. 2026-05-06
    listed $214,900 New 358-char remark
  17. 2025-11-18
    soldstatus $166,500
  18. 2025-10-06
    historical
  19. 2025-09-24
    price $207,500
  20. 2025-09-10
    price $208,500
  21. 2025-08-29
    status Price Change
  22. 2025-08-29
    price $210,000
  23. 2025-08-22
    status Under Contract
  24. 2025-08-06
    listed $213,000 New

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,139
− Mortgage interest
−$12,038
− Property taxes
−$3,224
− Insurance
−$1,074
− Repairs & maintenance
−$1,531
− Management
−$1,531
− Depreciation
−$6,252
Taxable loss
−$6,510
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,563
After-tax cash flow
$-1,139/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
Hart County
NCES district ID
1302730
Math proficiency
32% ▼ -6.00%
Reading proficiency
33% ▼ -6.00%
Median HH income
$37,494
Composite
27.08/100
National rank
#7047
State rank
#82 of 174 in GA

Livability — Canon

Score
66/100
State rank
#189
US rank
#11742

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Canon, GA
Population (ZIP)
4,617

Population outlook (Hart County) Hauer SSP2

Today (2025)
25,855 people
By 2030
25,887 · +0.1%
By 2040
25,627 · -0.9%
By 2050
24,939 · -3.5%
By 2075
23,150 · -10.5%
By 2100
19,492 · -24.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (85%)
Race & ethnicity
White 85% Hispanic / Latino 12% Two or more races 4%
Hispanic origin (detail)
Mexican 10%
Common ancestry
Slovak 3% Hungarian 1% Portuguese 1%
Foreign-born
3% · Canada
Languages at home
92% English-only · Spanish 8%

Political lean MEDSL · Hart

2024 margin
Solid R (+54.8) · D 22.4% · R 77.2%
2008→2024 swing
-23.1pp toward R · 2008: -31.7pp · 2024: -54.8pp
All cycles
2024: R+54.8 2020: R+49.6 2016: R+46.7 2012: R+38.4 2008: R+31.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 29.72%
Current HPI
361.1507
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

+0.9% since first listed
9 events — show timeline
  • 2026-05-06 Listed $214,900 GAMLS
  • 2025-11-18 Sold (Public Records) $166,500 Public Records
  • 2025-10-06 Listing Removed GAMLS
  • 2025-09-24 Price Changed $207,500 GAMLS
  • 2025-09-10 Price Changed $208,500 GAMLS
  • 2025-08-29 Relisted GAMLS
  • 2025-08-29 Price Changed $210,000 GAMLS
  • 2025-08-22 Pending GAMLS
  • 2025-08-06 Listed $213,000 GAMLS

Property tax history

+0.7%/yr

Latest (2025): $424 · +0.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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