CashFlowRE
Sign in Sign up
4610 Blue Iris Way
D- Composite 37.14
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

4610 Blue Iris Way · Gainesville, GA 30566
3 bd · 2.5 ba · 1,472 sqft · SingleFamily public records · 229 Days on market
Built 2006 1,350 sqft lot $170/sqft · 17% below area Est $301k · 17% under $130/mo HOA · 7% of rent

🖨 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

FENCED YARDSTAINLESS STEEL APPLIANCESCOMMUNITY AMENITYPOOLTENNIS COURTEASY ACCESS TO 985 HWY

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 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.
Recommended offer $195,719 (21.7% 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 229 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  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
0.78%
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

5-year hold
IRR
-29.1%
Equity multiple
0.06×
Total profit
$-65,978
Equity at exit
$37,276
10-year hold
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
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

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

Break-even rent $2,352
Max offer price $204,923
Occupancy floor

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-06
    status 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.

  2. 2026-05-06
    status 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.

  3. 2026-04-30
    historical $1,650
  4. 2026-04-23
    price $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.

  5. 2026-04-23
    price $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.

  6. 2026-02-12
    price $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.

  7. 2026-02-12
    price $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.

  8. 2026-02-06
    listed $1,650
  9. 2026-01-27
    status 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.

  10. 2026-01-27
    status 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.

  11. 2026-01-14
    status 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.

  12. 2026-01-11
    status 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.

  13. 2026-01-09
    historical 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.

  14. 2026-01-05
    status 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.

  15. 2025-12-23
    status 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.

  16. 2025-11-27
    status 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.

  17. 2025-11-23
    historical $1,650
  18. 2025-11-19
    historical 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.

  19. 2025-11-02
    listed $1,650
  20. 2025-10-21
    price $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.

  21. 2025-10-16
    status 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.

  22. 2025-10-14
    historical 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.

  23. 2025-10-01
    listed $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.

  24. 2025-09-30
    historical
  25. 2025-09-22
    price $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.

  26. 2025-09-09
    price $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.

  27. 2025-09-09
    price $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.

  28. 2025-08-07
    listed $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.

  29. 2025-08-07
    listed $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.

  30. 2017-05-02
    soldstatus $138,000
  31. 2017-04-25
    soldstatus $138,000 Sold
  32. 2017-04-25
    soldstatus $138,000 Sold
  33. 2017-03-20
    status Under Contract
  34. 2017-03-20
    historical Pending
  35. 2017-03-16
    price $139,900
  36. 2017-03-16
    price $139,900
  37. 2017-03-03
    listed $149,000 New
  38. 2017-03-03
    listed $149,000 Active
  39. 2004-01-30
    soldstatus $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
combined federal + state — saved on this device
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

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

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
41.3% rent · 58.7% 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

Price history

-99.7% since first listed
39 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%/yr

Latest (2025): $452 · +2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…