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804 Wrightsville Ave
B- Composite 66.16
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 +25.4/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.4/10.0
  • 1% rule +5.7/10.0
  • Schools +3.5/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$99,000

804 Wrightsville Ave · East Dublin, GA 31027
2 bd · 1.5 ba · 1,108 sqft · SingleFamily public records · 114 Days on market
Built 1982 0.54 ac lot $89/sqft · 28% below area Est $138k · 28% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great investment or starter house. Lot of potential!

Key facts

  • 0.54 acre lot
  • Built 1982
  • Listed 113 days

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 2-bed/1.5-bath single-family listed at $99k.

Deal economics

  • At list price, monthly cash flow is $229 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $99k).
  • Recommended offer: $90k (9.0% below list) — sets the bar for market timing.
  • Cap rate 9.1% vs local median 5.9% in East Dublin — 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 62/100 on livability (#326 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D-, amenities F, commute F.
  • Laurens County (rural): math 45% / reading 39% proficiency, ranked #42 of 174 in GA (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 32 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 55 units permitted in Laurens County in 2024 (24 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Laurens County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 114 days — a 9% lower offer ($90k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 8y ago 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 $70k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $90,090 (9.0% below list)

Questions for the listing agent

  1. It's been on market 114 days. Have you received any prior offers? Is the seller open to a 9% 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
1.07%
Cap rate
9.06%
Cash-on-cash
9.90%
DSCR
1.44
GRM
7.8

CMA / ARV

ARV (median comp)
$138,018
List price
$99,000
Delta
-28.27%
Verdict
UNDERPRICED
Comps
11 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
330 Bradley Ct 0.20mi 3/2.0 (+1) 1,232 (+11%) 6mo $151,000 $123 60

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-1.4%
Equity multiple
0.95×
Total profit
$-1,509
Equity at exit
$14,761
10-year hold
IRR
8.2%
Equity multiple
1.62×
Total profit
$17,318
Equity at exit
$8,560

Cash invested: $27,720 (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 31027

Home prices YoY
-7.6%
Active inventory
32
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$1,062 medium interval (Pro) →
Mortgage (P&I)
$519
Tax from tax record
$50 /mo · $595/yr
Insurance
$41
HOA
$0
Vacancy / Maint / Mgmt
$223
Net cashflow
$229

Break-even live

Break-even rent $772
Max offer price $99,000
Occupancy floor 73%

Sensitivity live

Price -10% $285 -5% $257 +0% $229 +5% $201 +10% $173
Rent -10% $145 -5% $187 +0% $229 +5% $271 +10% $313
Rate -1.0pp $279 -0.5pp $254 base $229 +0.5pp $203 +1.0pp $177

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
$24,750
Closing costs
$2,970
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
151 Circle Dr East Dublin, GA 2.0 1.0 750 $995 $1.33 44d 1 1.33mi
99 Celia Dr Unit 2 East Dublin, GA 3.0 2.0 1300 $1,195 $0.92 44d 1 1.34mi
159 Circle Dr East Dublin, GA 2.0 1.0 750 $1,095 $1.46 44d 1 1.37mi
103 Celia Dr East Dublin, GA 3.0 1.0 936 $950 $1.01 44d 1 1.39mi

Listing history 27 events

  1. 2026-06-19
    days on market $99,000 Active 114 DOM
  2. 2026-06-18
    days on market $99,000 Active 113 DOM
  3. 2026-06-17
    days on market $99,000 Active 112 DOM
  4. 2026-06-16
    days on market $99,000 Active 111 DOM
  5. 2026-06-15
    days on market $99,000 Active 110 DOM
  6. 2026-06-14
    days on market $99,000 Active 108 DOM
  7. 2026-06-12
    days on market $99,000 Active 107 DOM
  8. 2026-06-09
    days on market $99,000 Active 104 DOM
  9. 2026-06-08
    days on market $99,000 Active 103 DOM
  10. 2026-06-07
    days on market $99,000 Active 102 DOM
  11. 2026-06-07
    days on market $99,000 Active 101 DOM
  12. 2026-06-03
    days on market $99,000 Active 98 DOM
  13. 2026-06-02
    days on market $99,000 Active 97 DOM
  14. 2026-06-01
    days on market $99,000 Active 96 DOM
  15. 2026-05-31
    days on market $99,000 Active 95 DOM
  16. 2026-05-30
    days on market $99,000 Active 94 DOM
  17. 2026-04-02
    status Back On Market 52-char remark
    Show marketing remark (52 chars)

    Great investment or starter house. Lot of potential!

  18. 2026-04-01
    historical 52-char remark
    Show marketing remark (52 chars)

    Great investment or starter house. Lot of potential!

  19. 2026-02-24
    listed $99,000 New 52-char remark
    Show marketing remark (52 chars)

    Great investment or starter house. Lot of potential!

  20. 2021-12-30
    historical 80-char remark
    Show marketing remark (80 chars)

    INVESTMENT OPPORTUNITY! 2 br/1.5 ba. Currently rented. Call today for more info!

  21. 2021-12-30
    soldstatus $70,000
    Show marketing remark (80 chars)

    INVESTMENT OPPORTUNITY! 2 br/1.5 ba. Currently rented. Call today for more info!

  22. 2021-12-28
    soldstatus $70,000 Sold 80-char remark
    Show marketing remark (80 chars)

    INVESTMENT OPPORTUNITY! 2 br/1.5 ba. Currently rented. Call today for more info!

  23. 2021-11-29
    status Under Contract 80-char remark
    Show marketing remark (80 chars)

    INVESTMENT OPPORTUNITY! 2 br/1.5 ba. Currently rented. Call today for more info!

  24. 2021-09-01
    listed $85,000 New 80-char remark
    Show marketing remark (80 chars)

    INVESTMENT OPPORTUNITY! 2 br/1.5 ba. Currently rented. Call today for more info!

  25. 2018-10-10
    soldstatus $48,000
  26. 2018-10-08
    soldstatus $48,000
  27. 2018-04-18
    listed $59,000

ⓘ 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
$595 · $50/mo
Projected year-2 tax
$911 · $76/mo
Expected delta
+$316/yr (+$26/mo · 53.1%)

ⓘ 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 7/10 Severe 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$12,739
− Mortgage interest
−$5,546
− Property taxes
−$595
− Insurance
−$495
− Repairs & maintenance
−$1,019
− Management
−$1,019
− Depreciation
−$2,880
Taxable income
$1,185
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$284
After-tax cash flow
$2,459/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
Laurens County
NCES district ID
1301890
Math proficiency
45% ▼ -8.00%
Reading proficiency
39% ▼ -8.00%
Median HH income
$38,220
Composite
35.06/100
National rank
#5030
State rank
#42 of 174 in GA

Livability — East Dublin

Score
62/100
State rank
#326
US rank
#17266

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
East Dublin, GA
Population (ZIP)
10,879

Population outlook (Laurens County) Hauer SSP2

Today (2025)
45,685 people
By 2030
44,056 · -3.6%
By 2040
40,270 · -11.9%
By 2050
36,094 · -21.0%
By 2075
26,275 · -42.5%
By 2100
17,160 · -62.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 54% Black 35% Hispanic / Latino 8% Two or more races 3%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Slovak 1%
Foreign-born
5% · Canada
Languages at home
92% English-only · Spanish 8%

Political lean MEDSL · Laurens

2024 margin
Solid R (+32.7) · D 33.5% · R 66.2%
2008→2024 swing
-11.2pp toward R · 2008: -21.5pp · 2024: -32.7pp
All cycles
2024: R+32.7 2020: R+28.2 2016: R+29.1 2012: R+22.7 2008: R+21.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -16.67%
Current HPI
202.153
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

+67.8% since first listed
11 events — show timeline
  • 2026-04-02 Relisted GAMLS
  • 2026-04-01 Listing Removed GAMLS
  • 2026-02-24 Listed $99,000 GAMLS
  • 2021-12-30 Listing Removed GAMLS
  • 2021-12-30 Sold (Public Records) $70,000 Public Records
  • 2021-12-28 Sold (MLS) $70,000 GAMLS
  • 2021-11-29 Pending GAMLS
  • 2021-09-01 Listed $85,000 GAMLS
  • 2018-10-10 Sold (Public Records) $48,000 Public Records
  • 2018-10-08 Sold (MLS) $48,000 GAMLS
  • 2018-04-18 Listed $59,000 GAMLS

Property tax history

+4.7%/yr

Latest (2025): $595 · +4.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…