4610 Blue Iris Way · Gainesville, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 12.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +7.5/30.0
- Livability +3.3/5.0
- 1% rule +2.8/10.0
- Condition / age +2.5/5.0
- Rent growth +2.4/5.0
- Schools +2.0/10.0
- DSCR +1.6/10.0
- Appreciation +0.0/10.0
$250,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
Key facts
- Tennis court
- Fenced yard
- Community amenity
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $250k.
Deal economics
- At list price, monthly cash flow is $-312 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $205k (18.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $196k (21.7% below list).
- Recommended offer: $196k (21.7% below list) — sets the bar for 1% rule.
- Cap rate 4.8% vs local median 2.7% in Gainesville — 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 66/100 on livability (#181 in GA) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-; Watch: amenities D+, schools F, crime F.
- Gainesville City (urban): math 23% / reading 25% proficiency, ranked #130 of 174 in GA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents soft (-0.5%/yr); 92 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 2,274 units permitted in Hall County in 2024 (620 in 5+ unit buildings).
- This rent runs 35% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Hall County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 229 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 9y ago; this cycle's ask is 15052% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $138k; list at $250k implies a 81% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 229 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is F 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?
- 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?
- 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.
- 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.
- 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
- 0.78% ✗
- Cap rate
- 4.80%
- Cash-on-cash
- -5.34%
- DSCR
- 0.76
- GRM
- 10.6
CMA / ARV
- ARV (median comp)
- $300,687
- List price
- $250,000
- Delta
- -16.86%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4610 Blue Iris Way | 0.00mi | 4/2.5 (+1) | 1,472 (0%) | 1mo | $260,000 | $177 | 94 |
| 4506 Yellow Sash Ct | 0.05mi | 3/2.5 | 1,404 (-5%) | 5mo | $275,000 | $196 | 86 |
| 4709 Autumn Rose Trl | 0.08mi | 3/2.5 | 1,404 (-5%) | 4mo | $275,000 | $196 | 85 |
| 4411 Plum Frost Ct | 0.06mi | 4/2.5 (+1) | 1,472 (0%) | 9mo | $275,000 | $187 | 85 |
| 4511 Yellow Sash Ct | 0.06mi | 4/2.5 (+1) | 1,472 (0%) | 9mo | $297,000 | $202 | 85 |
| 4521 Yellow Sash Ct | 0.08mi | 3/2.5 | 1,404 (-5%) | 10mo | $265,000 | $189 | 80 |
| 4700 Stephens Rd | 0.26mi | 3/2.0 | 1,448 (-2%) | 7mo | $309,900 | $214 | 77 |
| 5059 Whites Mill Dr | 0.57mi | 3/2.0 | 1,539 (+5%) | 3mo | $365,000 | $237 | 62 |
| 5123 Arthur Ct | 0.46mi | 3/2.0 | 1,404 (-5%) | 8mo | $299,900 | $214 | 62 |
| 4306 Lake Forest Dr | 0.57mi | 3/2.0 | 1,440 (-2%) | 9mo | $362,500 | $252 | 60 |
| 5032 Florence St | 0.67mi | 3/2.0 | 1,300 (-12%) | 6mo | $338,000 | $260 | 42 |
| 4120 Reed Cir | 0.75mi | 4/3.0 (+1) | 1,260 (-14%) | 7mo | $409,900 | $325 | 28 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -29.1%
- Equity multiple
- 0.06×
- Total profit
- $-65,978
- Equity at exit
- $37,276
- IRR
- -49.3%
- Equity multiple
- -0.50×
- Total profit
- $-104,722
- Equity at exit
- $21,615
Cash invested: $70,000 (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
ZIP-level market 30566
- Home prices YoY
- -32.9%
- Rents YoY
- -0.5%
- Active inventory
- 92
- Price-to-rent
- 10.6×
Monthly cashflow live
- Estimated rent
- $1,957 high interval (Pro) →
- Mortgage (P&I)
- −$1,311
- Tax est. 1.5%
- −$312 /mo · $3,750/yr
- Insurance
- −$104
- HOA
- −$130
- Vacancy / Maint / Mgmt
- −$411
- Net cashflow
- $-312
Break-even live
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
- $62,500
- Closing costs
- $7,500
- 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 25 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4734 Autumn Rose Trl Oakwood, GA | 3.0 | 2.5 | 1248 | $1,875 | $1.50 | 43d | 1 | 0.13mi |
| 4541 Bishops Ln Oakwood, GA | 3.0 | 2.5 | 1701 | $1,970 | $1.16 | 43d | 1 | 0.27mi |
| 4663 Fullerton Dr Oakwood, GA | 3.0 | 2.5 | 1675 | $1,995 | $1.19 | 43d | 1 | 0.35mi |
| 4679 Fullerton Dr Oakwood, GA | 3.0 | 2.5 | 1654 | $1,800 | $1.09 | 1d | 1 | 0.36mi |
| 3730 Old Flowery Branch Rd Oakwood, GA | 2.0 | 1.5 | 1012 | $1,447 | $1.43 | 5d | 3 | 0.58mi |
| 3730 Old Flowery Branch Rd Apt G3 Oakwood, GA | 2.0 | 1.5 | 1024 | $1,465 | $1.43 | 43d | 1 | 0.60mi |
| 1000 Forestview Dr Oakwood, GA | 1.0–2.0 | 1.0–2.0 | 991 | $2,309 | $2.33 | 20d | 15 | 0.63mi |
| 4000 Mill Spring Cir Oakwood, GA | 1.0–3.0 | 1.0–2.0 | 1002 | $2,051 | $2.05 | 1d | 12 | 0.67mi |
| 4000 Mill Spring Cir Unit 4338 Oakwood, GA | 2.0 | 2.0 | 1176 | $1,568 | $1.33 | 43d | 1 | 0.67mi |
| 4000 Mill Spring Cir Unit 4621 Oakwood, GA | 3.0 | 2.0 | 1248 | $1,791 | $1.44 | 43d | 1 | 0.67mi |
| 1000 Wood Acres Rd Oakwood, GA | 1.0–3.0 | 1.0–2.0 | 1090 | $1,933 | $1.77 | 13d | 33 | 0.71mi |
| 4141 Oakwood Terrace Ct Oakwood, GA | 3.0 | 2.5 | 1740 | $2,100 | $1.21 | 22d | 1 | 0.75mi |
| 4113 Oakwood Terrace Ct Oakwood, GA | 3.0 | 2.5 | 1740 | $2,000 | $1.15 | 12d | 1 | 0.79mi |
| 4668 Hidden Creek Dr Gainesville, GA | 4.0 | 3.0 | 1807 | $2,300 | $1.27 | 21d | 1 | 0.79mi |
| 5116 Fox Den Rd Oakwood, GA | 3.0 | 2.5 | 1866 | $1,990 | $1.07 | 10d | 1 | 0.86mi |
| 4715 Sweetwater Dr Gainesville, GA | 3.0 | 2.0 | 1585 | $2,085 | $1.32 | 43d | 1 | 0.99mi |
| 3617 Prospect Point Dr Oakwood, GA | 3.0 | 2.5 | 1753 | $1,950 | $1.11 | 24d | 1 | 1.00mi |
| 900 Oakwood Community Cir Oakwood, GA | 3.0 | 1.0–2.0 | 965 | $2,114 | $2.19 | 1d | 58 | 1.01mi |
| 3797 Prospect Point Dr Oakwood, GA | 3.0 | 2.5 | 1613 | $2,200 | $1.36 | 43d | 1 | 1.01mi |
| 3796 Prospect Point Dr Oakwood, GA | 3.0 | 2.5 | 1700 | $1,795 | $1.06 | 16d | 1 | 1.02mi |
| 3785 Prospect Point Dr Oakwood, GA | 3.0 | 2.5 | 1863 | $1,950 | $1.05 | 24d | 1 | 1.03mi |
| 4811 Lost Creek Dr Gainesville, GA | 3.0 | 2.0 | 1537 | $2,160 | $1.41 | 43d | 1 | 1.05mi |
| 3681 Prospect Point Dr Oakwood, GA | 3.0 | 2.5 | 1743 | $1,900 | $1.09 | 17d | 1 | 1.09mi |
| 4151 Millstone Park Ln Oakwood, GA | 3.0 | 2.5 | 1853 | $2,095 | $1.13 | 21d | 1 | 1.10mi |
| 900 Great Forest Way Oakwood, GA | 1.0–3.0 | 1.0–2.0 | 977 | $2,180 | $2.23 | 1d | 14 | 1.11mi |
HOA detail
- Monthly dues
- $130 · $1,560/yr
- Likely covers
- pool
Listing history 39 events
-
2026-05-06status Under Contract 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-05-06status Pending 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-04-30historical $1,650
-
2026-04-23price $250,000 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-04-23price $250,000 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-02-12price $279,000 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-02-12price $279,000 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-02-06$1,650
-
2026-01-27status Back On Market 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-01-27status Active 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-01-14status Under Contract 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-01-11status Pending 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-01-09historical Active Under Contract 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2026-01-05status Back On Market 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-12-23status Active 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-11-27status Pending 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-11-23historical $1,650
-
2025-11-19historical 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-11-02$1,650
-
2025-10-21price $285,000 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-10-16status Active 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-10-14historical Active Under Contract 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-10-01$285,000 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-09-30historical
-
2025-09-22price $289,900 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-09-09price $294,900
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-09-09price $294,900 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-08-07$299,900 Active 300-char remark
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
-
2025-08-07$299,900 New
Show marketing remark (300 chars)
Gorgeous single family located in Oakwood GA. Stainless steel appliances in kitchen. Fenced yard. New carpet upstairs. Community amenity includes pool, tennis court. University of North GA Gainesville Campus/Walmart/Sam's Club just minutes away. 15 minutes to Lake Lanier. Easy access to 985 Hwy.
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2017-05-02soldstatus $138,000
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2017-04-25soldstatus $138,000 Sold
-
2017-04-25soldstatus $138,000 Sold
-
2017-03-20status Under Contract
-
2017-03-20historical Pending
-
2017-03-16price $139,900
-
2017-03-16price $139,900
-
2017-03-03$149,000 New
-
2017-03-03$149,000 Active
-
2004-01-30soldstatus $546,000
ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 5/10 Major 7 d/yr ≥101°F today · 20 d/yr by 30 yrs out
- Wind 4/10 Moderate 12% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,486
- − Mortgage interest
- −$14,004
- − Property taxes
- −$3,750
- − Insurance
- −$1,250
- − Repairs & maintenance
- −$1,879
- − Management
- −$1,879
- − HOA
- −$1,560
- − Depreciation
- −$7,273
- Taxable loss
- −$8,108
- Est. tax savings @ 24.0%
- +$1,946
- After-tax cash flow
- $-1,792/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
- Gainesville City
- NCES district ID
- 1302310
- Math proficiency
- 23% ▼ -7.00%
- Reading proficiency
- 25% ▼ -2.00%
- Median HH income
- $40,331
- Composite
- 20.3/100
- National rank
- #8614
- State rank
- #130 of 174 in GA
Livability — Gainesville
- Score
- 66/100
- State rank
- #181
- US rank
- #11362
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Gainesville, GA
- County
- Hall County · 188,353 people
- City population
- 140,301
- Metro
- Gainesville, GA
- Population (ZIP)
- 9,447
- Household income
- $66,456
- Rent vs Own
- Severe rent burden
- 376.0
Population outlook (Hall County) Hauer SSP2
- Today (2025)
- 225,275 people
- By 2030
- 240,204 · +6.6%
- By 2040
- 268,440 · +19.2%
- By 2050
- 293,596 · +30.3%
- By 2075
- 350,293 · +55.5%
- By 2100
- 389,329 · +72.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 55% Hispanic / Latino 31% Two or more races 15% Black 7% Asian 3%
- Hispanic origin (detail)
- Mexican 16% Puerto Rican 3%
- Common ancestry
- Slovak 3% Italian 1% Lithuanian 1%
- Foreign-born
- 22% · Canada, Vietnam, China
- Languages at home
- 64% English-only · Spanish 30% French/Haitian/Cajun 1% Vietnamese 1%
Political lean MEDSL · Hall
- 2024 margin
- Solid R (+43.8) · D 27.8% · R 71.6%
- 2008→2024 swing
- +7.1pp toward D · 2008: -50.9pp · 2024: -43.8pp
- All cycles
- 2024: R+43.8 2020: R+43.2 2016: R+50.7 2012: R+56.4 2008: R+50.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -127.98%
- Current HPI
- 261.2356
- Rent YoY
- ▼ -0.54%
- Metro
- Gainesville, 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
-99.7% since first listed39 events — show timeline
- 2026-05-06 Pending — GAMLS
- 2026-05-06 Pending — FMLS
- 2026-04-30 Rental Removed $1,650 BUILDIUM
- 2026-04-23 Price Changed $250,000 GAMLS
- 2026-04-23 Price Changed $250,000 FMLS
- 2026-02-12 Price Changed $279,000 GAMLS
- 2026-02-12 Price Changed $279,000 FMLS
- 2026-02-06 Listed for Rent $1,650 BUILDIUM
- 2026-01-27 Relisted — GAMLS
- 2026-01-27 Relisted — FMLS
- 2026-01-14 Pending — GAMLS
- 2026-01-11 Pending — FMLS
- 2026-01-09 Contingent — FMLS
- 2026-01-05 Relisted — GAMLS
- 2025-12-23 Relisted — FMLS
- 2025-11-27 Pending — FMLS
- 2025-11-23 Rental Removed $1,650 BUILDIUM
- 2025-11-19 Listing Removed — GAMLS
- 2025-11-02 Listed for Rent $1,650 BUILDIUM
- 2025-10-21 Price Changed $285,000 FMLS
- 2025-10-16 Relisted — FMLS
- 2025-10-14 Contingent — FMLS
- 2025-10-01 Listed $285,000 GAMLS
- 2025-09-30 Listing Removed — GAMLS
- 2025-09-22 Price Changed $289,900 FMLS
- 2025-09-09 Price Changed $294,900 GAMLS
- 2025-09-09 Price Changed $294,900 FMLS
- 2025-08-07 Listed $299,900 GAMLS
- 2025-08-07 Listed $299,900 FMLS
- 2017-05-02 Sold (Public Records) $138,000 Public Records
- 2017-04-25 Sold (MLS) $138,000 GAMLS
- 2017-04-25 Sold (MLS) $138,000 FMLS
- 2017-03-20 Pending — GAMLS
- 2017-03-20 Contingent — FMLS
- 2017-03-16 Price Changed $139,900 GAMLS
- 2017-03-16 Price Changed $139,900 FMLS
- 2017-03-03 Listed $149,000 GAMLS
- 2017-03-03 Listed $149,000 FMLS
- 2004-01-30 Sold (Public Records) $546,000 Public Records
Property tax history
+2.8%/yrLatest (2025): $452 · +2.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…