111 E Peachtree St · Rossville, GA 30741

$50,000

3 bd · 1.0 ba · 1,400 sqft · SingleFamily public records · 14 Days on market

Built 1932 6,534 sqft lot $36/sqft · 75% 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
• Rent growth +4.4/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special in Rossville with strong value-add potential. This 3 bedroom, 1 bath home offers approximately 1,400 sq ft and is located near local schools, shopping, and convenient access off of McFarland Ave and its growing development and easily assessable to downtown Chattanooga. Property needs major repairs and is best suited for experienced investors, contractors, or buyers looking for a full renovation project. Opportunity for fix-and-flip, rental renovation, or long-term hold strategy after improvements. Property is being sold as-is with no guarantees or warranties. Buyer to verify all information deemed important.

Key facts

• Growing development
• Convenient access
• Local schools

Tags

• LOCAL SCHOOLS
• SHOPPING
• CONVENIENT ACCESS
• GROWING DEVELOPMENT

Property features AI

Finance

• Other: Lot about 0.15 acres (approx. 50 x 134); Paved road with public maintenance

Exterior

• Parking: Other parking
• Utilities: Public water; Public sewer; Electricity available; Water available; Sewer available
• Home design: Single-family house; One story; Fixer condition; Located on a city street
• Construction: Other construction materials; Built as a house
• Exterior features: Other exterior features; Other roof

Interior

• Flooring: Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Has heating (other type); Has cooling (other type)
• Interior features: Other interior features; Fireplace
• Laundry & utility: Laundry area (details: Other)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $831 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Cap rate 26.2% vs local median 5.4% in Rossville — 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 56/100 on livability (#484 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-, crime B+; Watch: amenities F, commute F, employment D-.
• Walker County (rural): math 25% / reading 29% proficiency, ranked #114 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: Rossville Elementary School (math 22% / reading 17%, grade F, #878 of 1,228 statewide, top 75%, 416 students, 91% FRL); Rossville Middle School (math 13% / reading 25%, grade F, #368 of 470 statewide, top 79%, 444 students, 81% FRL); Ridgeland High School (math 23% / reading 19%, grade F, #225 of 424 statewide, top 54%, 1,244 students, 70% FRL) — zoned schools average 81% FRL vs 61% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+7.4%/yr); 430 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).
• This rent runs 30% of the median local income ($59k/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 $346 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 7.4% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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.

Risks & watch-outs

• Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $50,000

Questions for the listing agent

1. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 2.94% ✓
• Cap rate: 26.23%
• Cash-on-cash: 71.20%
• DSCR: 4.17
• GRM: 2.8

CMA / ARV

• ARV (median comp): $199,146
• List price: $50,000
• Delta: -74.89%
• 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
618 Carden Ave	0.43mi	2/2.0 (-1)	1,400 (0%)	0mo	$165,000	$118	71
713 Richmond Ave	0.21mi	3/1.0	1,209 (-14%)	3mo	$168,000	$139	65
200 W Oak St	0.23mi	3/2.0	1,254 (-10%)	4mo	$265,000	$211	65
39 Clift Trl	0.56mi	3/2.5	1,410 (+1%)	3mo	$150,000	$106	64
209 Hickory St	0.30mi	3/2.0	1,492 (+7%)	13mo	$205,000	$137	60
817 Indian Ave	0.45mi	3/2.0	1,350 (-4%)	12mo	$269,000	$199	60
1206 Logan Ave	0.26mi	4/2.0 (+1)	1,600 (+14%)	1mo	$198,000	$124	54
63 Glenn Wade Dr	0.53mi	3/2.0	1,328 (-5%)	12mo	$247,500	$186	52
1014 Lee Ave	0.29mi	4/2.0 (+1)	1,190 (-15%)	1mo	$193,000	$162	52
605 Flegal Ave	0.47mi	4/2.0 (+1)	1,250 (-11%)	4mo	$215,000	$172	48
213 Glenn Wade Dr	0.64mi	3/2.0	1,240 (-11%)	0mo	$244,900	$198	47
119 Hogan Rd	0.73mi	3/2.0	1,242 (-11%)	2mo	$219,000	$176	41

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 · 7.44% rent growth · sell at horizon

5-year hold

• IRR: 75.7%
• Equity multiple: 4.69×
• Total profit: $51,686
• Equity at exit: $7,455

10-year hold

• IRR: 80.6%
• Equity multiple: 11.29×
• Total profit: $144,079
• Equity at exit: $4,323

Cash invested: $14,000 (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.

Methodology + full state rankings →

ZIP-level market 30741

• Home prices YoY: -30.7%
• Rents YoY: 7.4%
• Active inventory: 430
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $1,471 high
• Mortgage (P&I): −$262
• Tax from tax record: −$49 /mo · $585/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $831

Break-even live

Break-even rent $420

Max offer price $50,000

Occupancy floor 39%

Sensitivity live

Price	-10% $859	-5% $845	+0% $831	+5% $817	+10% $802
Rent	-10% $714	-5% $773	+0% $831	+5% $889	+10% $947
Rate	-1.0pp $856	-0.5pp $843	base $831	+0.5pp $818	+1.0pp $805

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
104 Foster St Rossville, GA	3.0	2.0	1200	$1,599	$1.33	44d	1	0.06mi
200A E Oak St Unit B Rossville, GA	3.0	2.0	1200	$1,200	$1.00	14d	1	0.08mi
304 Cherry St Rossville, GA	2.0	1.0	982	$1,675	$1.71	44d	1	0.28mi
11 Carroll Ln Rossville, GA	4.0	2.5	1656	$1,599	$0.97	44d	1	0.34mi
804 Henderson Ave Rossville, GA	2.0	1.0	948	$1,025	$1.08	14d	1	0.38mi
1591 Park City Rd Apt E15 Rossville, GA	2.0	1.0	1050	$1,145	$1.09	24d	1	0.45mi
108 Suggs St Rossville, GA	2.0	1.0	900	$1,525	$1.69	14d	1	0.53mi
361 Hogan Rd Unit C Rossville, GA	2.0	2.0	1210	$1,295	$1.07	44d	1	0.58mi
135 Hogan Rd Rossville, GA	3.0	2.5	1839	$1,975	$1.07	44d	1	0.63mi
110 2nd St Rossville, GA	3.0	2.0	1168	$1,399	$1.20	14d	1	0.63mi
132 Hogan Rd Rossville, GA	3.0	2.0	1248	$1,975	$1.58	44d	1	0.67mi
107 Stegall St Rossville, GA	2.0	1.5	986	$1,149	$1.17	14d	1	0.68mi
515 W Gordon Ave Rossville, GA	2.0	1.0	906	$999	$1.10	44d	1	0.74mi
1409 E 50th St Chattanooga, TN	3.0	2.5	1350	$1,599	$1.18	14d	1	0.84mi
813 Chickamauga Ave Unit A Rossville, GA	2.0	1.0	900	$1,099	$1.22	24d	1	0.87mi
1422 Wilson Rd Rossville, GA	2.0	1.0	885	$1,050	$1.19	44d	1	1.13mi
1422 Wilson Rd Rossville, GA	2.0	1.0	885	$1,050	$1.19	24d	1	1.13mi
819 Asterwood Dr Unit B Rossville, GA	2.0	2.0	975	$1,445	$1.48	14d	1	1.15mi
1512 Wilson Rd Rossville, GA	3.0	1.5	1100	$1,295	$1.18	24d	1	1.23mi
1512 Wilson Rd Rossville, GA	3.0	1.5	1100	$1,250	$1.14	14d	1	1.23mi
706 Roberta Dr Unit D Rossville, GA	2.0	1.0	950	$1,099	$1.16	24d	1	1.29mi
1106 Carline Rd Apt B Rossville, GA	2.0	1.5	877	$1,095	$1.25	22d	1	1.37mi
1106 Carline Rd Rossville, GA	2.0	1.5	1012	$1,095	$1.08	14d	1	1.37mi

Listing history 2 events

1. 2026-05-14
   listed $50,000 Active 632-char remark

   Show marketing remark (639 chars)

   Investor special in Rossville with strong value-add potential. This 3 bedroom, 1 bath home offers approximately 1,400 sq ft and is located near local schools, shopping, and convenient access off of McFarland Ave and its growing development and easily assessable to downtown Chattanooga. Property needs major repairs and is best suited for experienced investors, contractors, or buyers looking for a full renovation project. Opportunity for fix-and-flip, rental renovation, or long-term hold strategy after improvements. Property is being sold as-is with no guarantees or warranties. Buyer to verify all information deemed important.

2. 2023-02-13
   soldstatus $210,000

ⓘ 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: $585 · $49/mo
• Projected year-2 tax: $585 · $49/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 6/10 Major 7 d/yr ≥104°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,658
• − Mortgage interest: −$2,801
• − Property taxes: −$585
• − Insurance: −$250
• − Repairs & maintenance: −$1,413
• − Management: −$1,413
• − Depreciation: −$1,455
• Taxable income: $9,742
• Est. tax owed @ 24.0%: −$2,338
• After-tax cash flow: $7,630/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: Walker County
• NCES district ID: 1305370
• Math proficiency: 25% ▼ -10.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $39,889
• Composite: 22.74/100
• National rank: #8035
• State rank: #114 of 174 in GA

Livability — Rossville

• Score: 56/100
• State rank: #484
• US rank: #22540

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rossville, GA
• County: Walker County · 48,831 people
• City population: 30,041
• Metro: Chattanooga, TN-GA
• Population (ZIP): 30,041
• Household income: $58,834
• Rent vs Own: 32.3% rent · 67.7% own
• Severe rent burden: 834.0

Population outlook (Walker County) Hauer SSP2

• Today (2025): 66,050 people
• By 2030: 64,305 · -2.6%
• By 2040: 60,127 · -9.0%
• By 2050: 55,551 · -15.9%
• By 2075: 44,886 · -32.0%
• By 2100: 34,015 · -48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Slovak 3% Iranian 2% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+59.3) · D 20.1% · R 79.4%
• 2008→2024 swing: -12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
• All cycles: 2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.05%
• Current HPI: 267.0047
• Rent YoY: ▲ 7.44%
• Metro: Chattanooga, TN-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

-75.0% since first listed

6 events — show timeline

• 2026-06-10 Sold (MLS) $52,500 REALTRACS as Distributed by MLS Grid
• 2026-06-10 Sold (MLS) $52,500 GCAR
• 2026-05-28 Pending — GCAR
• 2026-05-14 Listed $50,000 REALTRACS as Distributed by MLS Grid
• 2026-05-14 Listed $50,000 GCAR
• 2023-02-13 Sold (Public Records) $210,000 Public Records

Property tax history

+4.3%/yr

Latest (2025): $585 · +82.4% YoY. Source: county tax records.