1402 Desert Storm Dr · Hinesville, GA 31313

$190,000

3 bd · 2.0 ba · 1,142 sqft · SingleFamily public records · 127 Days on market

Built 1994 0.25 ac lot $166/sqft · at area comps Est $198k · at est.

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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 +12.1/30.0
• ARV discount +9.3/15.0
• 1% rule +3.9/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• DSCR +3.6/10.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come and check out this lovely 3bd 2bth home situated in a well established neighborhood. This could be the start you need to become a home owner. You have all the amenities of restaurants and shopping as well as being in close proximity to Fort Stewart. Schedule a showing today!!

Key facts

• 0.25 acre lot
• Garage
• Built 1994

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $-43 ($-520/yr) — negative.
• To cash-flow at today's rent, offer at most $182k (4.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (10.5% below list).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#51 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, commute D+, crime F.
• Liberty County (urban): math 19% / reading 28% proficiency, ranked #133 of 174 in GA (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+5.4%/yr); 612 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 471 units permitted in Liberty County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% of the median local income ($60k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Liberty County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 8y ago; this cycle's ask has dropped $25k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; 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 $167,200 (12.0% 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 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
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 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 6.02%
• Cash-on-cash: -0.98%
• DSCR: 0.96
• GRM: 9.3

CMA / ARV

• ARV (median comp): $197,837
• List price: $190,000
• Delta: -3.96%
• 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
1458 Victory Cir	0.23mi	3/2.0	1,156 (+1%)	2mo	$203,000	$176	85
1441 Coalition Cir	0.22mi	3/2.0	1,168 (+2%)	1mo	$205,000	$176	85
1242 Dhurahn Dr	0.11mi	3/2.0	1,223 (+7%)	3mo	$185,000	$151	81
222 Glenn Bryant Rd	0.38mi	3/2.0	1,111 (-3%)	1mo	$219,900	$198	77
234 Deerwood Dr	0.47mi	4/2.0 (+1)	1,128 (-1%)	3mo	$177,500	$157	69
649 Honey Ridge Ln	0.61mi	3/2.0	1,152 (+1%)	2mo	$208,000	$181	68
1104 Tomcat Trl Trl	0.35mi	3/2.0	1,245 (+9%)	2mo	$237,000	$190	67
1371 Forest Lake Dr	0.52mi	3/2.0	1,251 (+10%)	1mo	$225,000	$180	59
735 Kadi Ln	0.46mi	3/2.0	1,290 (+13%)	0mo	$208,500	$162	57
106 Deann Dr	0.42mi	3/1.5	1,285 (+12%)	2mo	$224,900	$175	56
1072 Ricade Dr	0.73mi	3/1.5	1,048 (-8%)	3mo	$204,000	$195	48
624 Honey Ridge Ln	0.56mi	4/2.0 (+1)	1,302 (+14%)	1mo	$199,900	$154	45

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 · 5.41% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.45×
• Total profit: $-29,259
• Equity at exit: $28,330

10-year hold

• IRR: -2.6%
• Equity multiple: 0.80×
• Total profit: $-10,551
• Equity at exit: $16,428

Cash invested: $53,200 (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 31313

• Home prices YoY: -27.1%
• Rents YoY: 5.4%
• Active inventory: 612
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,700 high
• Mortgage (P&I): −$996
• Tax from tax record: −$311 /mo · $3,727/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $-43

Break-even live

Break-even rent $1,755

Max offer price $182,340

Occupancy floor 98%

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1458 Sheridan Pt Hinesville, GA	3.0	2.0	1400	$1,800	$1.29	44d	1	0.19mi
1456 Coalition Cir Hinesville, GA	3.0	2.0	1424	$1,700	$1.19	44d	1	0.22mi
286 Whitetail Cir Hinesville, GA	3.0	2.0	1274	$1,600	$1.26	44d	1	0.33mi
255 Glenn Bryant Rd Hinesville, GA	3.0	1.0	1075	$1,700	$1.58	44d	1	0.51mi
1100 Pineland Ave Hinesville, GA	2.0	2.5	1412	$1,575	$1.12	44d	2	0.58mi
1069 Kelly Dr Hinesville, GA	3.0	1.5	1270	$1,350	$1.06	44d	1	0.64mi
1113 Kelly Dr Hinesville, GA	2.0	2.0	858	$995	$1.16	44d	1	0.66mi
172 Cherokee Cir Hinesville, GA	3.0	2.0	1290	$1,550	$1.20	44d	1	0.68mi
910 Brett Dr Hinesville, GA	2.0–3.0	2.0	957	$1,600	$1.67	44d	3	0.73mi
910 Brett Dr Hinesville, GA	2.0–3.0	2.0	957	$1,600	$1.67	44d	4	0.73mi
1012 White Cir Hinesville, GA	3.0	1.0	1050	$1,300	$1.24	44d	1	0.80mi
108 Cherokee Cir Hinesville, GA	3.0	2.0	1208	$1,275	$1.06	44d	1	0.80mi
131 Pointe South Dr Hinesville, GA	2.0	1.0	960	$1,950	$2.03	44d	1	0.93mi
134 Pointe South Dr Hinesville, GA	2.0	1.0	840	$1,195	$1.42	44d	1	0.95mi
149 Becky St Hinesville, GA	3.0	2.0	1145	$1,800	$1.57	44d	1	1.03mi
196 Wayfair Ln Hinesville, GA	3.0	2.5	1380	$1,790	$1.30	44d	1	1.06mi
732 Fleming Rd Hinesville, GA	3.0	1.5	1348	$1,400	$1.04	44d	1	1.15mi
1474 Kelly Dr Hinesville, GA	2.0	2.0	962	$1,550	$1.61	44d	1	1.19mi
912 Pineland Ave Hinesville, GA	3.0	2.5	1428	$1,648	$1.15	44d	1	1.25mi
814 Lesa St Hinesville, GA	2.0	1.5	1152	$950	$0.82	44d	1	1.28mi
2007 Ossabaw Dr Hinesville, GA	3.0	2.0	1291	$1,975	$1.53	44d	1	1.32mi
662 Mahoney Rd Hinesville, GA	3.0	2.0	1196	$1,795	$1.50	44d	1	1.40mi
727 S Main St Hinesville, GA	2.0–3.0	1.5	1286	$1,450	$1.13	44d	3	1.50mi

Listing history 22 events

1. 2026-06-19
   days on market $190,000 Active 127 DOM
2. 2026-06-18
   days on market $190,000 Active 126 DOM
3. 2026-06-17
   days on market $190,000 Active 125 DOM
4. 2026-06-16
   days on market $190,000 Active 124 DOM
5. 2026-06-15
   price $190,000 Active 123 DOM
6. 2026-06-15
   days on market $205,000 Active 123 DOM
7. 2026-06-14
   days on market $205,000 Active 121 DOM
8. 2026-06-13
   days on market $205,000 Active 120 DOM
9. 2026-06-10
   days on market $205,000 Active 118 DOM
10. 2026-06-09
    days on market $205,000 Active 117 DOM
11. 2026-06-08
    days on market $205,000 Active 116 DOM
12. 2026-06-07
    days on market $205,000 Active 115 DOM
13. 2026-06-05
    days on market $205,000 Active 112 DOM
14. 2026-06-03
    days on market $205,000 Active 111 DOM
15. 2026-06-02
    days on market $205,000 Active 110 DOM
16. 2026-06-01
    days on market $205,000 Active 109 DOM
17. 2026-05-31
    days on market $205,000 Active 108 DOM
18. 2026-05-30
    days on market $205,000 Active 107 DOM
19. 2026-03-18
    price $205,000 282-char remark

    Show marketing remark (282 chars)

    Come and check out this lovely 3bd 2bth home situated in a well established neighborhood. This could be the start you need to become a home owner. You have all the amenities of restaurants and shopping as well as being in close proximity to Fort Stewart. Schedule a showing today!!

20. 2026-02-12
    listed $215,000 Active 282-char remark

    Show marketing remark (282 chars)

    Come and check out this lovely 3bd 2bth home situated in a well established neighborhood. This could be the start you need to become a home owner. You have all the amenities of restaurants and shopping as well as being in close proximity to Fort Stewart. Schedule a showing today!!

21. 2022-03-23
    soldstatus 330-char remark

    Show marketing remark (330 chars)

    JUST REDUCED! A charming 3bdrm 2bth home located in an established neighborhood near local shopping, schools and close to Fort Stewart. AC and roof are only 2yrs ago, Seller has renovated: carpets, flooring, counter tops and fresh paint. RENOVATION COMPLETED. Home features: 1 car garage, and large yard. Call for a viewing today!

22. 2018-09-25
    listed $115,000 330-char remark

    Show marketing remark (330 chars)

    JUST REDUCED! A charming 3bdrm 2bth home located in an established neighborhood near local shopping, schools and close to Fort Stewart. AC and roof are only 2yrs ago, Seller has renovated: carpets, flooring, counter tops and fresh paint. RENOVATION COMPLETED. Home features: 1 car garage, and large yard. Call for a viewing today!

ⓘ 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: $3,727 · $311/mo
• Projected year-2 tax: $3,727 · $311/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 9/10 Extreme 7 d/yr ≥110°F today · 19 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: $20,397
• − Mortgage interest: −$10,643
• − Property taxes: −$3,727
• − Insurance: −$950
• − Repairs & maintenance: −$1,632
• − Management: −$1,632
• − Depreciation: −$5,527
• Taxable loss: −$3,714
• Est. tax savings @ 24.0%: +$891
• After-tax cash flow: $371/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: Liberty County
• NCES district ID: 1303300
• Math proficiency: 19% ▼ -16.00%
• Reading proficiency: 28% ▼ -13.00%
• Median HH income: $43,911
• Composite: 20.2/100
• National rank: #8630
• State rank: #133 of 174 in GA

Livability — Hinesville

• Score: 73/100
• State rank: #51
• US rank: #5200

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hinesville, GA
• County: Liberty County · 58,565 people
• City population: 42,838
• Metro: Hinesville, GA
• Population (ZIP): 42,838
• Household income: $60,233
• Rent vs Own: 50.1% rent · 49.9% own
• Severe rent burden: 1693.0

Population outlook (Liberty County) Hauer SSP2

• Today (2025): 58,689 people
• By 2030: 57,670 · -1.7%
• By 2040: 55,750 · -5.0%
• By 2050: 54,155 · -7.7%
• By 2075: 58,947 · +0.4%
• By 2100: 66,919 · +14.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Black 47% White 31% Hispanic / Latino 13% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 7%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 86% English-only · Spanish 7% Other Indo-European 2% German/W. Germanic 1%

Political lean MEDSL · Liberty

• 2024 margin: D (+17.4) · D 58.5% · R 41.0%
• 2008→2024 swing: -10.9pp toward R · 2008: 28.4pp · 2024: 17.4pp
• All cycles: 2024: D+17.4 2020: D+24.1 2016: D+21.2 2012: D+30.2 2008: D+28.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -77.50%
• Current HPI: 208.0927
• Rent YoY: ▲ 5.41%
• 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

+78.3% since first listed

4 events — show timeline

• 2026-03-18 Price Changed $205,000 HABR
• 2026-02-12 Listed $215,000 HABR
• 2022-03-23 Sold (MLS) — HABR
• 2018-09-25 Listed $115,000 HABR

Property tax history

+6.5%/yr

Latest (2025): $3,727 · +7.8% YoY. Source: county tax records.