114 Teat St SE · Lindale, GA 30147

$89,900

3 bd · 2.0 ba · 1,536 sqft · SingleFamily public records · 46 Days on market

Built 1950 0.26 ac lot $59/sqft · 53% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.5/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller’s closing attorney

Key facts

• 0.26 acre lot
• 2 parking spots
• Built 1950

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $991 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 19.5% vs local median 3.2% in Lindale — 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 59/100 on livability (#411 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, amenities F.
• Floyd County (rural): math 41% / reading 40% proficiency, ranked #45 of 174 in GA (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 39 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 355 units permitted in Floyd County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Floyd County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y 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 $45k; list at $90k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 2.28% ✓
• Cap rate: 19.53%
• Cash-on-cash: 47.26%
• DSCR: 3.10
• GRM: 3.7

CMA / ARV

• ARV (median comp): $191,174
• List price: $89,900
• Delta: -52.97%
• 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
114 Teat St SE	0.00mi	3/2.0	1,536 (0%)	0mo	$75,000	$49	100
14 Summit Dr SE	0.16mi	3/2.0	1,596 (+4%)	19mo	$309,000	$194	70
333 Alfred Ave SE	0.53mi	3/2.0	1,479 (-4%)	3mo	$170,000	$115	66
105 Hooper Ave	0.36mi	3/2.0	1,459 (-5%)	14mo	$240,000	$164	63
3010 Maple Rd SE	0.45mi	3/2.0	1,619 (+5%)	14mo	$243,000	$150	58
3014 Maple Rd SE	0.42mi	2/1.5 (-1)	1,669 (+9%)	4mo	$210,000	$126	55
7 Old Rockmart Rd SE	0.71mi	3/2.0	1,547 (+1%)	13mo	$321,000	$207	55
7 Old Rockmart Rd SE	0.69mi	3/2.0	1,547 (+1%)	18mo	$170,000	$110	51
327 Flora Ave SE	0.61mi	4/2.0 (+1)	1,425 (-7%)	7mo	$225,000	$158	48
332 Flora Ave SE	0.60mi	3/1.0	1,378 (-10%)	9mo	$208,000	$151	43
124 Avenue D SE	0.71mi	3/1.0	1,306 (-15%)	24mo	$120,000	$92	18

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: 44.6%
• Equity multiple: 2.93×
• Total profit: $48,607
• Equity at exit: $13,404

10-year hold

• IRR: 50.6%
• Equity multiple: 5.92×
• Total profit: $123,773
• Equity at exit: $7,773

Cash invested: $25,172 (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.

Methodology + full state rankings →

ZIP-level market 30147

• Home prices YoY: -14.3%
• Active inventory: 39
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $2,051 medium
• Mortgage (P&I): −$471
• Tax from tax record: −$120 /mo · $1,438/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $991

Break-even live

Break-even rent $796

Max offer price $89,900

Occupancy floor 47%

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
109 Chateau Dr SE Rome, GA	4.0	3.0	1911	$2,400	$1.26	43d	1	1.19mi
50 Chateau Dr SE Rome, GA	2.0–3.0	1.5–2.0	1255	$1,599	$1.27	2d	4	1.25mi
48 Chateau Dr SE Rome, GA	1.0–2.0	1.0–1.5	802	$2,200	$2.74	43d	5	1.33mi

Listing history 12 events

1. 2026-06-10
   statusdays on marketlisting id $89,900 Under Contract 46 DOM
2. 2026-05-19
   status Pending 318-char remark

   Show marketing remark (318 chars)

   Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller’s closing attorney

3. 2026-04-02
   listed $89,900 Active 318-char remark

   Show marketing remark (312 chars)

   Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller's closing attorney

4. 2026-04-02
   listed $89,900 New 312-char remark

   Show marketing remark (312 chars)

   Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller's closing attorney

5. 2018-07-23
   soldstatus $45,000
6. 2014-06-07
   price $58,900
7. 2014-05-27
   soldstatus $58,900
8. 2014-05-23
   historical
9. 2014-05-22
   soldstatus $58,900 Sold
10. 2014-04-17
    status Under Contract
11. 2014-04-17
    price $59,900
12. 2014-03-10
    listed $59,900 New

ⓘ 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: $1,438 · $120/mo
• Projected year-2 tax: $1,438 · $120/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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% 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: $24,609
• − Mortgage interest: −$5,036
• − Property taxes: −$1,438
• − Insurance: −$450
• − Repairs & maintenance: −$1,969
• − Management: −$1,969
• − Depreciation: −$2,615
• Taxable income: $11,133
• Est. tax owed @ 24.0%: −$2,672
• After-tax cash flow: $9,224/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: Floyd County
• NCES district ID: 1302190
• Math proficiency: 41% ▼ -5.00%
• Reading proficiency: 40% ▼ -4.00%
• Median HH income: $47,083
• Composite: 34.64/100
• National rank: #5143
• State rank: #45 of 174 in GA

Livability — Lindale

• Score: 59/100
• State rank: #411
• US rank: #20340

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lindale, GA
• Population (ZIP): 4,855

Population outlook (Floyd County) Hauer SSP2

• Today (2025): 96,321 people
• By 2030: 95,532 · -0.8%
• By 2040: 93,332 · -3.1%
• By 2050: 90,850 · -5.7%
• By 2075: 84,989 · -11.8%
• By 2100: 76,097 · -21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 2% Italian 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Floyd

• 2024 margin: Solid R (+42.0) · D 28.8% · R 70.7%
• 2008→2024 swing: -5.6pp toward R · 2008: -36.4pp · 2024: -42.0pp
• All cycles: 2024: R+42.0 2020: R+41.1 2016: R+43.5 2012: R+39.9 2008: R+36.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.07%
• Current HPI: 269.7475
• Rent YoY: —
• Metro: —
• 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

+50.1% since first listed

11 events — show timeline

• 2026-05-19 Pending — FMLS
• 2026-04-02 Listed $89,900 GAMLS
• 2026-04-02 Listed $89,900 FMLS
• 2018-07-23 Sold (Public Records) $45,000 Public Records
• 2014-06-07 Price Changed $58,900 GAMLS
• 2014-05-27 Sold (Public Records) $58,900 Public Records
• 2014-05-23 Listing Removed — GAMLS
• 2014-05-22 Sold (MLS) $58,900 GAMLS
• 2014-04-17 Pending — GAMLS
• 2014-04-17 Price Changed $59,900 GAMLS
• 2014-03-10 Listed $59,900 GAMLS

Property tax history

+10.8%/yr

Latest (2025): $1,438 · +40.5% YoY. Source: county tax records.