152 Calhoun Way Way NE · Ludowici, GA 31316

$276,800

4 bd · 2.0 ba · 1,682 sqft · SingleFamily · 115 Days on market

Built 2026 Poor condition 7,840 sqft lot $165/sqft · at area comps Est $271k · at est. $30/mo HOA · 1% of rent

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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).

• Cash flow +13.3/30.0
• ARV discount +6.6/15.0
• Appreciation +5.6/10.0
• DSCR +4.0/10.0
• 1% rule +3.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Schools +2.3/10.0
• Condition / age +1.0/5.0

Listing remarks MLS

Spacious 4-bedroom ranch in Ludowici! Welcome home to the Hazel plan — a thoughtfully designed single-story layout that blends comfort, style, & convenience. Enjoy relaxing on the charming front porch before stepping into a bright foyer that opens to an inviting open-concept living area. The kitchen impresses with crisp white cabinetry, granite counters & center island offering a perfect view of the dining area & family room — ideal for entertaining or everyday living. Just off the family room, find a laundry room with a convenient drop zone & direct access to the garage. Three spacious bedrooms & a guest bath are tucked away off the kitchen for added privacy. The primary suite sits on the opposite side of the home & features a vaulted ceiling, a spa-inspired private bath with a soaking tub, separate shower & a large walk-in closet. Estimated completion July 2026.

Key facts

• Laundry room
• Front porch
• Granite counters

Tags

• FRONT PORCH
• OPEN-CONCEPT LIVING AREA
• WHITE CABINETRY
• GRANITE COUNTERS
• CENTER ISLAND
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $277k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $-1 ($-16/yr) — negative.
• To cash-flow at today's rent, offer at most $277k (0.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (11.2% below list).
• Recommended offer: $246k (11.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#74 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A; Watch: employment D, amenities F, commute F.
• Long County (rural): math 26% / reading 26% proficiency, ranked #115 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.
• Zoned schools: Smiley Elementary School (1,258 students, 67% FRL); Long County Middle School (math 21% / reading 27%, grade F, #311 of 470 statewide, top 68%, 945 students, 69% FRL); Long County High School (math 37% / reading 22%, grade F, #140 of 424 statewide, top 35%, 1,209 students, 70% FRL).
• Market conditions: 412 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 298 units permitted in Long County in 2024 (0 in 5+ unit buildings).
• This rent runs 39% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $5k of equity ($2k loan paydown + $3k appreciation (1.2% local appreciation)).
• Long County population projected at +72% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (1.2% appreciation + 3.0% rent growth), your $78k cash investment doubles in ~10 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 115 days — a 9% lower offer ($252k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major 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 $245,767 (11.2% 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 115 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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: 0.89% ✗
• Cap rate: 6.29%
• Cash-on-cash: -0.02%
• DSCR: 1.00
• GRM: 9.4

CMA / ARV

• ARV (median comp): $271,358
• List price: $276,800
• Delta: 2.01%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
385 Carson St	0.53mi	3/2.0 (-1)	1,778 (+6%)	1mo	$300,000	$169	60
612 Doctor's Creek Rd NE	0.74mi	4/2.0	1,620 (-4%)	2mo	$281,325	$174	57
725 Doctor's Creek Rd NE	0.74mi	4/2.0	1,565 (-7%)	1mo	$278,925	$178	53
555 Doctor's Creek Rd NE	0.75mi	4/2.0	1,565 (-7%)	3mo	$277,625	$177	51
249 Lanier Rd	0.41mi	3/2.0 (-1)	1,474 (-12%)	5mo	$279,400	$190	51
627 Doctor's Creek Rd NE	0.74mi	4/2.5	1,810 (+8%)	2mo	$282,750	$156	48
591 Doctor's Creek Rd NE	0.75mi	4/2.5	1,810 (+8%)	3mo	$281,850	$156	48
249 Lanier Rd	0.51mi	3/2.0 (-1)	1,474 (-12%)	5mo	$274,900	$186	46
389 Mcclelland Loop NE	0.68mi	4/2.0	1,451 (-14%)	1mo	$279,900	$193	45
707 Doctor's Creek Rd NE	0.74mi	3/2.0 (-1)	1,527 (-9%)	1mo	$274,830	$180	44
263 Freshwater Ln NE	0.58mi	3/2.0 (-1)	1,473 (-12%)	6mo	$279,400	$190	43
665 Doctor's Creek Rd NE	0.74mi	4/2.0	1,926 (+14%)	1mo	$320,910	$167	40

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

Projected returns pro-forma

1.16% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.8%
• Equity multiple: 1.09×
• Total profit: $7,299
• Equity at exit: $96,785

10-year hold

• IRR: 6.4%
• Equity multiple: 1.79×
• Total profit: $61,119
• Equity at exit: $130,408

Cash invested: $77,504 (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 31316

• Home prices YoY: 0.6%
• Active inventory: 412
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,458 medium
• Mortgage (P&I): −$1,452
• Tax est. 1.5%: −$346 /mo · $4,152/yr
• Insurance: −$115
• HOA: −$30
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $-1

Break-even live

Break-even rent $2,459

Max offer price $276,606

Occupancy floor 95%

Sensitivity live

Price	-10% $190	-5% $94	+0% $-1	+5% $-97	+10% $-193
Rent	-10% $-195	-5% $-98	+0% $-1	+5% $96	+10% $193
Rate	-1.0pp $138	-0.5pp $69	base $-1	+0.5pp $-73	+1.0pp $-146

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: $69,200
• Closing costs: $8,304
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15 Clark St Ludowici, GA	3.0	2.0	1497	$1,995	$1.33	45d	1	0.84mi
59 Forest St NE Ludowici, GA	4.0	2.0	1800	$1,900	$1.06	45d	1	0.98mi

HOA detail

• Monthly dues: $30 · $360/yr

Listing history 19 events

1. 2026-06-21
   statusdays on market $276,800 Pending 115 DOM
2. 2026-06-19
   days on market $276,800 Active 114 DOM
3. 2026-06-18
   days on market $276,800 Active 113 DOM
4. 2026-06-17
   days on market $276,800 Active 112 DOM
5. 2026-06-16
   days on market $276,800 Active 111 DOM
6. 2026-06-15
   days on market $276,800 Active 110 DOM
7. 2026-06-14
   days on market $276,800 Active 108 DOM
8. 2026-06-13
   days on market $276,800 Active 107 DOM
9. 2026-06-10
   days on market $276,800 Active 105 DOM
10. 2026-06-09
    days on market $276,800 Active 104 DOM
11. 2026-06-08
    days on market $276,800 Active 103 DOM
12. 2026-06-07
    days on market $276,800 Active 102 DOM
13. 2026-06-05
    days on market $276,800 Active 99 DOM
14. 2026-06-03
    days on market $276,800 Active 98 DOM
15. 2026-06-02
    days on market $276,800 Active 97 DOM
16. 2026-06-01
    days on market $276,800 Active 96 DOM
17. 2026-05-31
    days on market $276,800 Active 95 DOM
18. 2026-05-30
    days on market $276,800 Active 94 DOM
19. 2026-02-25
    listed $276,800 Active 929-char remark

    Show marketing remark (929 chars)

    Spacious 4-bedroom ranch in Ludowici! Welcome home to the Hazel plan — a thoughtfully designed single-story layout that blends comfort, style, & convenience. Enjoy relaxing on the charming front porch before stepping into a bright foyer that opens to an inviting open-concept living area. The kitchen impresses with crisp white cabinetry, granite counters & center island offering a perfect view of the dining area & family room — ideal for entertaining or everyday living. Just off the family room, find a laundry room with a convenient drop zone & direct access to the garage. Three spacious bedrooms & a guest bath are tucked away off the kitchen for added privacy. The primary suite sits on the opposite side of the home & features a vaulted ceiling, a spa-inspired private bath with a soaking tub, separate shower & a large walk-in closet. Estimated completion July 2026.

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (shaded) · 20% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,492
• − Mortgage interest: −$15,505
• − Property taxes: −$4,152
• − Insurance: −$1,384
• − Repairs & maintenance: −$2,359
• − Management: −$2,359
• − HOA: −$360
• − Depreciation: −$8,052
• Taxable loss: −$4,680
• Est. tax savings @ 24.0%: +$1,123
• After-tax cash flow: $1,107/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.

Condition & rehab AI · 1 photo

Poor 20/100 Extensive rehab

This property is in an extensive construction phase, requiring significant work to reach a move-in-ready condition. The home has the potential for substantial value increase with proper renovations.

Value-add opportunities

• Both Complete kitchen and bathroom finishes — Modern finishes will attract buyers and renters
• Both Install roof and exterior siding — Aesthetic and structural improvements
• Both Install flooring and interior walls/paint — Completes the living space and enhances curb appeal
• Both Install windows and HVAC/mechanicals — Ensures comfort and energy efficiency
• Both Landscaping and curb appeal — Enhances the home's curb appeal and first impression

Renovation cost estimate screening

Value-add ROI direction

• Both Complete kitchen and bathroom finishes — Modern finishes will attract buyers and renters ↑
• Both Install roof and exterior siding — Aesthetic and structural improvements ↑
• Both Install flooring and interior walls/paint — Completes the living space and enhances curb appeal ↑
• Both Install windows and HVAC/mechanicals — Ensures comfort and energy efficiency ↑
• Both Landscaping and curb appeal — Enhances the home's curb appeal and first impression ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Long County
• NCES district ID: 1303360
• Math proficiency: 26% ▼ -14.00%
• Reading proficiency: 26% ▼ -13.00%
• Median HH income: $45,958
• Composite: 22.51/100
• National rank: #8090
• State rank: #115 of 174 in GA

Livability — Ludowici

• Score: 72/100
• State rank: #74
• US rank: #6449

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ludowici, GA
• County: Long County · 13,812 people
• City population: 13,812
• Metro: Hinesville, GA
• Population (ZIP): 13,812
• Household income: $74,766
• Rent vs Own: 29.6% rent · 70.4% own
• Severe rent burden: 109.0

Population outlook (Long County) Hauer SSP2

• Today (2025): 24,669 people
• By 2030: 28,223 · +14.4%
• By 2040: 35,430 · +43.6%
• By 2050: 42,403 · +71.9%
• By 2075: 56,996 · +131.0%
• By 2100: 64,185 · +160.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 61% Black 23% Hispanic / Latino 8% Two or more races 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5%
• Common ancestry: Serbian 1% Italian 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 6% Other Asian/Pacific 1% German/W. Germanic 1%

Political lean MEDSL · Long

• 2024 margin: Strong R (+29.5) · D 35.1% · R 64.6%
• 2008→2024 swing: -5.4pp toward R · 2008: -24.1pp · 2024: -29.5pp
• All cycles: 2024: R+29.5 2020: R+26.4 2016: R+30.8 2012: R+22.9 2008: R+24.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.16%
• Current HPI: 195.2978
• Rent YoY: —
• Metro: Hinesville, 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

• 2026-02-25 Listed $276,800 HABR