326 Pledger St · LaFayette, GA 30728

$104,900

2 bd · 1.0 ba · 906 sqft · SingleFamily public records · 80 Days on market

Built 1947 0.52 ac lot $116/sqft · 39% below area Est $204k · 49% under

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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 +26.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.9/10.0
• 1% rule +6.9/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located near Roper Corporation and comes with an extra lot, single story living, needs some cosmetic work, level lot.

Key facts

• Extra lot
• Level lot
• Single story living

Tags

• EXTRA LOT
• SINGLE STORY LIVING
• LEVEL LOT

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.1% in LaFayette — 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 61/100 on livability (#345 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: crime D+, schools F, amenities F.
• Walker County (rural): math 25% / reading 29% proficiency, ranked #114 of 174 in GA (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 218 active listings in the ZIP; 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $725 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 26y ago; this cycle's ask has dropped $25k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $98,606 (6.0% below list)

Questions for the listing agent

1. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.19% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.05%
• DSCR: 1.49
• GRM: 7.0

CMA / ARV

• ARV (median comp): $204,085
• List price: $104,900
• Delta: -48.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
703 Bomar St	0.33mi	3/1.0 (+1)	960 (+6%)	3mo	$180,000	$188	67
39 Cook St	0.36mi	3/1.0 (+1)	960 (+6%)	7mo	$185,900	$194	62
705 Bomar St	0.35mi	3/2.0 (+1)	945 (+4%)	12mo	$182,500	$193	58
1102 Chestnut St	0.48mi	3/2.0 (+1)	925 (+2%)	10mo	$163,000	$176	56
607 Thornton St	0.40mi	3/2.0 (+1)	1,008 (+11%)	1mo	$170,000	$169	53
122 Pledger St	0.35mi	3/1.0 (+1)	1,000 (+10%)	11mo	$190,000	$190	52
308 Pledger Pkwy	0.50mi	3/1.0 (+1)	999 (+10%)	8mo	$201,000	$201	48
1103 Sisemore St	0.54mi	3/1.5 (+1)	984 (+9%)	7mo	$155,000	$158	48
708 Daugherty St	0.60mi	2/1.0	968 (+7%)	22mo	$150,000	$155	43
705 Mclemore St	0.67mi	3/1.0 (+1)	1,006 (+11%)	5mo	$20,000	$20	41
603 Daugherty St	0.74mi	2/1.0	1,006 (+11%)	14mo	$143,000	$142	36

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: 0.2%
• Equity multiple: 1.01×
• Total profit: $240
• Equity at exit: $15,641

10-year hold

• IRR: 9.9%
• Equity multiple: 1.76×
• Total profit: $22,436
• Equity at exit: $9,070

Cash invested: $29,372 (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 30728

• Home prices YoY: -14.2%
• Active inventory: 218
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,244 medium
• Mortgage (P&I): −$550
• Tax from tax record: −$119 /mo · $1,423/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $270

Break-even live

Break-even rent $902

Max offer price $104,900

Occupancy floor 73%

Sensitivity live

Price	-10% $330	-5% $300	+0% $270	+5% $241	+10% $211
Rent	-10% $172	-5% $221	+0% $270	+5% $320	+10% $369
Rate	-1.0pp $323	-0.5pp $297	base $270	+0.5pp $243	+1.0pp $216

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Listing history 39 events

1. 2026-06-18
   days on market $104,900 Active 80 DOM
2. 2026-06-17
   days on market $104,900 Active 79 DOM
3. 2026-06-16
   days on market $104,900 Active 78 DOM
4. 2026-06-15
   days on market $104,900 Active 77 DOM
5. 2026-06-14
   days on market $104,900 Active 75 DOM
6. 2026-06-13
   days on market $104,900 Active 74 DOM
7. 2026-06-10
   pricedays on market $104,900 Active 72 DOM
8. 2026-06-09
   days on market $119,900 Active 71 DOM
9. 2026-06-08
   days on market $119,900 Active 70 DOM
10. 2026-06-07
    days on market $119,900 Active 69 DOM
11. 2026-06-05
    days on market $119,900 Active 66 DOM
12. 2026-06-03
    days on market $119,900 Active 65 DOM
13. 2026-06-02
    days on market $119,900 Active 64 DOM
14. 2026-06-01
    days on market $119,900 Active 63 DOM
15. 2026-05-31
    days on market $119,900 Active 62 DOM
16. 2026-05-30
    days on market $119,900 Active 61 DOM
17. 2026-05-02
    price $119,900 117-char remark

    Show marketing remark (117 chars)

    Located near Roper Corporation and comes with an extra lot, single story living, needs some cosmetic work, level lot.

18. 2026-03-30
    listed $129,900 Active 117-char remark

    Show marketing remark (117 chars)

    Located near Roper Corporation and comes with an extra lot, single story living, needs some cosmetic work, level lot.

19. 2023-12-28
    soldstatus $186,000
20. 2023-12-27
    soldstatus $186,000 Closed 1309-char remark

    Show marketing remark (1309 chars)

    Discover your new haven in this charming 2-bedroom, 1-bath bungalow! Step into a world of cozy elegance as vinyl shaker shingles grace the exterior, promising both durability and style. Inside, nice hardwood floors guide your way through a lovely place to call home. Revel in the brilliance of natural light, courtesy of insulated windows that keep you cozy in every season. You will enjoy recessed lighting, and find serenity behind plantation blinds that offer privacy and style in equal measure. The kitchen welcomes your culinary aspirations with custom cabinets, bringing both beauty and functionality into your daily life. Nestled at the end of a quiet cul-de-sac, this semi-secluded gem offers a backyard retreat where your dreams can take flight. Step onto the expansive deck, where moments of relaxation and gatherings with loved ones await. It's your private oasis, where you're free to unwind and entertain to your heart's content. Conveniently located on Pledger St in LaFayette, GA, this home is a testament to the allure of small-town living with urban accessibility. The extra lot gives total of . 52 acre to enjoy gardening too! Don't miss out on this unique opportunity; This adorable home won't linger on the market for long. Make it yours, and let the story of your new home begin today!

21. 2023-12-27
    soldstatus $186,000 Sold

    Show marketing remark (1309 chars)

    Discover your new haven in this charming 2-bedroom, 1-bath bungalow! Step into a world of cozy elegance as vinyl shaker shingles grace the exterior, promising both durability and style. Inside, nice hardwood floors guide your way through a lovely place to call home. Revel in the brilliance of natural light, courtesy of insulated windows that keep you cozy in every season. You will enjoy recessed lighting, and find serenity behind plantation blinds that offer privacy and style in equal measure. The kitchen welcomes your culinary aspirations with custom cabinets, bringing both beauty and functionality into your daily life. Nestled at the end of a quiet cul-de-sac, this semi-secluded gem offers a backyard retreat where your dreams can take flight. Step onto the expansive deck, where moments of relaxation and gatherings with loved ones await. It's your private oasis, where you're free to unwind and entertain to your heart's content. Conveniently located on Pledger St in LaFayette, GA, this home is a testament to the allure of small-town living with urban accessibility. The extra lot gives total of . 52 acre to enjoy gardening too! Don't miss out on this unique opportunity; This adorable home won't linger on the market for long. Make it yours, and let the story of your new home begin today!

22. 2023-11-07
    status Under Contract
23. 2023-11-04
    historical Contingent 1309-char remark

    Show marketing remark (1309 chars)

    Discover your new haven in this charming 2-bedroom, 1-bath bungalow! Step into a world of cozy elegance as vinyl shaker shingles grace the exterior, promising both durability and style. Inside, nice hardwood floors guide your way through a lovely place to call home. Revel in the brilliance of natural light, courtesy of insulated windows that keep you cozy in every season. You will enjoy recessed lighting, and find serenity behind plantation blinds that offer privacy and style in equal measure. The kitchen welcomes your culinary aspirations with custom cabinets, bringing both beauty and functionality into your daily life. Nestled at the end of a quiet cul-de-sac, this semi-secluded gem offers a backyard retreat where your dreams can take flight. Step onto the expansive deck, where moments of relaxation and gatherings with loved ones await. It's your private oasis, where you're free to unwind and entertain to your heart's content. Conveniently located on Pledger St in LaFayette, GA, this home is a testament to the allure of small-town living with urban accessibility. The extra lot gives total of . 52 acre to enjoy gardening too! Don't miss out on this unique opportunity; This adorable home won't linger on the market for long. Make it yours, and let the story of your new home begin today!

24. 2023-10-31
    price $186,500 1309-char remark

    Show marketing remark (1309 chars)

    Discover your new haven in this charming 2-bedroom, 1-bath bungalow! Step into a world of cozy elegance as vinyl shaker shingles grace the exterior, promising both durability and style. Inside, nice hardwood floors guide your way through a lovely place to call home. Revel in the brilliance of natural light, courtesy of insulated windows that keep you cozy in every season. You will enjoy recessed lighting, and find serenity behind plantation blinds that offer privacy and style in equal measure. The kitchen welcomes your culinary aspirations with custom cabinets, bringing both beauty and functionality into your daily life. Nestled at the end of a quiet cul-de-sac, this semi-secluded gem offers a backyard retreat where your dreams can take flight. Step onto the expansive deck, where moments of relaxation and gatherings with loved ones await. It's your private oasis, where you're free to unwind and entertain to your heart's content. Conveniently located on Pledger St in LaFayette, GA, this home is a testament to the allure of small-town living with urban accessibility. The extra lot gives total of . 52 acre to enjoy gardening too! Don't miss out on this unique opportunity; This adorable home won't linger on the market for long. Make it yours, and let the story of your new home begin today!

25. 2023-10-19
    listed $188,000 Active 1309-char remark

    Show marketing remark (1309 chars)

    Discover your new haven in this charming 2-bedroom, 1-bath bungalow! Step into a world of cozy elegance as vinyl shaker shingles grace the exterior, promising both durability and style. Inside, nice hardwood floors guide your way through a lovely place to call home. Revel in the brilliance of natural light, courtesy of insulated windows that keep you cozy in every season. You will enjoy recessed lighting, and find serenity behind plantation blinds that offer privacy and style in equal measure. The kitchen welcomes your culinary aspirations with custom cabinets, bringing both beauty and functionality into your daily life. Nestled at the end of a quiet cul-de-sac, this semi-secluded gem offers a backyard retreat where your dreams can take flight. Step onto the expansive deck, where moments of relaxation and gatherings with loved ones await. It's your private oasis, where you're free to unwind and entertain to your heart's content. Conveniently located on Pledger St in LaFayette, GA, this home is a testament to the allure of small-town living with urban accessibility. The extra lot gives total of . 52 acre to enjoy gardening too! Don't miss out on this unique opportunity; This adorable home won't linger on the market for long. Make it yours, and let the story of your new home begin today!

26. 2023-10-19
    listed $188,000 New

    Show marketing remark (1309 chars)

    Discover your new haven in this charming 2-bedroom, 1-bath bungalow! Step into a world of cozy elegance as vinyl shaker shingles grace the exterior, promising both durability and style. Inside, nice hardwood floors guide your way through a lovely place to call home. Revel in the brilliance of natural light, courtesy of insulated windows that keep you cozy in every season. You will enjoy recessed lighting, and find serenity behind plantation blinds that offer privacy and style in equal measure. The kitchen welcomes your culinary aspirations with custom cabinets, bringing both beauty and functionality into your daily life. Nestled at the end of a quiet cul-de-sac, this semi-secluded gem offers a backyard retreat where your dreams can take flight. Step onto the expansive deck, where moments of relaxation and gatherings with loved ones await. It's your private oasis, where you're free to unwind and entertain to your heart's content. Conveniently located on Pledger St in LaFayette, GA, this home is a testament to the allure of small-town living with urban accessibility. The extra lot gives total of . 52 acre to enjoy gardening too! Don't miss out on this unique opportunity; This adorable home won't linger on the market for long. Make it yours, and let the story of your new home begin today!

27. 2021-07-30
    soldstatus $139,500 Closed
28. 2021-07-30
    soldstatus $139,500
29. 2021-06-14
    historical
30. 2021-06-08
    price $134,900
31. 2021-05-26
    status Active
32. 2021-05-20
    historical
33. 2021-05-17
    listed $135,000 Active
34. 2017-11-30
    soldstatus $79,200
35. 2017-11-21
    soldstatus $79,194
36. 2017-11-20
    soldstatus $79,194
37. 2017-09-26
    listed $79,900
38. 2013-01-15
    soldstatus $73,100
39. 2000-01-24
    listed $49,900

ⓘ 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: $1,423 · $119/mo
• Projected year-2 tax: $1,423 · $119/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,930
• − Mortgage interest: −$5,876
• − Property taxes: −$1,423
• − Insurance: −$524
• − Repairs & maintenance: −$1,194
• − Management: −$1,194
• − Depreciation: −$3,052
• Taxable income: $1,666
• Est. tax owed @ 24.0%: −$400
• After-tax cash flow: $2,846/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: Walker County
• NCES district ID: 1305370
• Math proficiency: 25% ▼ -10.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $39,889
• Composite: 22.74/100
• National rank: #8035
• State rank: #114 of 174 in GA

Livability — LaFayette

• Score: 61/100
• State rank: #345
• US rank: #17893

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: LaFayette, GA
• County: Walker County · 48,831 people
• City population: 18,790
• Metro: Chattanooga, TN-GA
• Population (ZIP): 18,790
• Household income: $55,455
• Rent vs Own: 26.6% rent · 73.4% own
• Severe rent burden: 233.0

Population outlook (Walker County) Hauer SSP2

• Today (2025): 66,050 people
• By 2030: 64,305 · -2.6%
• By 2040: 60,127 · -9.0%
• By 2050: 55,551 · -15.9%
• By 2075: 44,886 · -32.0%
• By 2100: 34,015 · -48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Black 3% Hispanic / Latino 2% Asian 1%
• Common ancestry: Slovak 3% Lithuanian 2% Iranian 2%
• Foreign-born: 2% · South Korea
• Languages at home: 97% English-only · Spanish 2% Korean 1%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+59.3) · D 20.1% · R 79.4%
• 2008→2024 swing: -12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
• All cycles: 2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.02%
• Current HPI: 271.2944
• Rent YoY: —
• Metro: Chattanooga, TN-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

+140.3% since first listed

23 events — show timeline

• 2026-05-02 Price Changed $119,900 GCAR
• 2026-03-30 Listed $129,900 GCAR
• 2023-12-28 Sold (Public Records) $186,000 Public Records
• 2023-12-27 Sold (MLS) $186,000 GAMLS
• 2023-12-27 Sold (MLS) $186,000 GCAR
• 2023-11-07 Pending — GAMLS
• 2023-11-04 Contingent — GCAR
• 2023-10-31 Price Changed $186,500 GCAR
• 2023-10-19 Listed $188,000 GCAR
• 2023-10-19 Listed $188,000 GAMLS
• 2021-07-30 Sold (Public Records) $139,500 Public Records
• 2021-07-30 Sold (MLS) $139,500 GCAR
• 2021-06-14 Delisted — GCAR
• 2021-06-08 Price Changed $134,900 GCAR
• 2021-05-26 Relisted — GCAR
• 2021-05-20 Delisted — GCAR
• 2021-05-17 Listed $135,000 GCAR
• 2017-11-30 Sold (Public Records) $79,200 Public Records
• 2017-11-21 Sold (MLS) $79,194 GAMLS
• 2017-11-20 Sold (MLS) $79,194 GCAR
• 2017-09-26 Listed $79,900 GAMLS
• 2013-01-15 Sold (Public Records) $73,100 Public Records
• 2000-01-24 Listed $49,900 RCAOR

Property tax history

+7.4%/yr

Latest (2025): $1,423 · -0.3% YoY. Source: county tax records.