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310 Carriage Oaks Dr
C- Composite 53.51
Why this score? — see what drove the C- 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 +16.2/30.0
  • ARV discount +15.0/15.0
  • Schools +5.1/10.0
  • DSCR +5.0/10.0
  • Livability +4.0/5.0
  • 1% rule +3.3/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$480,000

310 Carriage Oaks Dr · Tyrone, GA 30290
6 bd · 5.0 ba · 3,287 sqft · SingleFamily public records · 10 Days on market
Built 2002 $146/sqft · 7% above area Est $672k · 29% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

INVESTOR ALERT - HIGHEST & BEST OPPORTUNITY - SELLING AS-IS Attention cash buyers and serious investors-this is the deal you've been waiting for. Opportunities like this are snapped up fast, and this one will be no exception. Bring your highest and best-seller is ready to make a decision quickly. Homes in this stately community have recently sold in the 700k range. This 6-bedroom, 4.5-bath home with a finished terrace level offers massive upside for the right buyer. Featuring a main-level office (or 6th bedroom with closet), spacious living areas, and a family room anchored by a striking stacked stone fireplace with raised hearth, the bones are here, just bring your vision and cr

Key facts

  • Oversized deck
  • Tiled backsplash
  • Main-level office

Tags

FINISHED TERRACE LEVELMAIN-LEVEL OFFICESTACKED STONE FIREPLACEGRANITE COUNTERTOPSTILED BACKSPLASHOVERSIZED DECK

Property features AI

Finance

  • Other: Located in the Southampton subdivision; Directions: From I-85 take exit 61 for GA-74 toward Fairburn/Peachtree City. Drive 4 miles and turn right onto Carriage Oaks Dr. Continue 0.6 miles.
  • HOA & community: Community association present; Association covers grounds maintenance, pool, and tennis; Community features include clubhouse, fitness center, playground, pool, sidewalks, street lights, and tennis courts; Near shopping

Exterior

  • Parking: Attached garage; Off-street parking; Side/rear entrance; Kitchen-level access
  • Utilities: Public water; Public sewer; Electricity available; Natural gas available; Sewer connected; Water available
  • Home design: Single family residence (house); Three or more levels; Built in 2002; Property listed as fixer
  • Construction: Concrete construction; Composition roof; Finished below-grade living area
  • Exterior features: City lot

Interior

  • Kitchen: Cooktop; Dishwasher; Microwave; Stainless steel appliances
  • Bedrooms: Six total bedrooms; One bedroom on the main level; One bedroom on the lower level
  • Flooring: Carpet; Hardwood
  • Bathrooms: Four full bathrooms; One half bathroom; One full bathroom on the lower level
  • Heating & cooling: Central heating; Central air conditioning; Has heating and cooling
  • Interior features: Bookcases; Double vanity in baths; High ceilings; Separate shower; Soaking tub; Tile baths; Tray ceilings; Walk-in closets; Finished daylight basement with interior entry; Exercise room, foyer, media room, office
  • Laundry & utility: Laundry closet; Electric water heater

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 6-bed/5.0-bath single-family listed at $480k.

Deal economics

  • At list price, monthly cash flow is $251 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $400k (16.7% below list).
  • Recommended offer: $400k (16.7% below list) — sets the bar for 1% rule.
  • Cap rate 6.9% vs local median 3.4% in Tyrone — 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 79/100 on livability (#13 in GA, #2,017 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
  • Fayette County (suburban): math 52% / reading 60% proficiency, ranked #7 of 174 in GA (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Flat Rock Middle School (math 35% / reading 55%, grade D, #103 of 470 statewide, top 23%, 883 students, 46% FRL); Sandy Creek High School (math 23% / reading 42%, grade F, #104 of 424 statewide, top 25%, 1,188 students, 43% FRL) — zoned schools average 45% FRL vs 21% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 39% at this address vs 56% district-wide (-17 pts) — the specific schools serving this property underperform the Fayette County average; the district grade overstates school quality for this exact location.
  • Market conditions: 74 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 323 units permitted in Fayette County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
  • Fayette County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 3y 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.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $400,000 (16.7% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  3. 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.
  4. 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.
  5. 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
0.83%
Cap rate
6.92%
Cash-on-cash
2.24%
DSCR
1.10
GRM
10.0

CMA / ARV

ARV (median comp)
$671,982
List price
$480,000
Delta
-28.57%
Verdict
UNDERPRICED
Comps
15 within 1.0 mi
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
111 Green Branch Dr 0.09mi 5/4.0 (-1) 3,321 (+1%) 1mo $610,000 $184 84
103 Dover Chase 0.31mi 5/4.0 (-1) 3,427 (+4%) 18mo $517,400 $151 54
110 Wynfield Dr 0.12mi 5/4.0 (-1) 3,692 (+12%) 19mo $670,000 $181 49

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
-12.8%
Equity multiple
0.54×
Total profit
$-61,978
Equity at exit
$71,570
10-year hold
IRR
-3.8%
Equity multiple
0.75×
Total profit
$-34,150
Equity at exit
$41,502

Cash invested: $134,400 (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 30290

Home prices YoY
-25.8%
Active inventory
74
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$4,000 medium interval (Pro) →
Mortgage (P&I)
$2,517
Tax from tax record
$192 /mo · $2,301/yr
Insurance
$200
HOA
$0
Vacancy / Maint / Mgmt
$840
Net cashflow
$251

Break-even live

Break-even rent $3,682
Max offer price $480,000
Occupancy floor 89%

Sensitivity live

Price -10% $523 -5% $387 +0% $251 +5% $115 +10% $-21
Rent -10% $-65 -5% $93 +0% $251 +5% $409 +10% $567
Rate -1.0pp $493 -0.5pp $373 base $251 +0.5pp $127 +1.0pp $0

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
$120,000
Closing costs
$14,400
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
435 Park Haven Ln Tyrone, GA 5.0 3.5 3618 $4,000 $1.11 14d 1 1.11mi

Listing history 5 events

  1. 2026-05-13
    status Under Contract 2594-char remark
  2. 2026-05-03
    listed $480,000 New 2594-char remark
  3. 2024-01-02
    historical
  4. 2023-10-02
    listed $645,000 New
  5. 2004-07-26
    soldstatus $369,900

ⓘ 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
$2,301 · $192/mo
Projected year-2 tax
$4,416 · $368/mo
Expected delta
+$2,115/yr (+$176/mo · 91.9%)

ⓘ 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 2/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$48,000
− Mortgage interest
−$26,887
− Property taxes
−$2,301
− Insurance
−$2,400
− Repairs & maintenance
−$3,840
− Management
−$3,840
− Depreciation
−$13,964
Taxable loss
−$5,232
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,256
After-tax cash flow
$4,269/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
Fayette County
NCES district ID
1302130
Math proficiency
52% ▼ -12.00%
Reading proficiency
60% ▼ -7.00%
Median HH income
$80,746
Composite
50.67/100
National rank
#1824
State rank
#7 of 174 in GA

Livability — Tyrone

Score
79/100
State rank
#13
US rank
#2017

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tyrone, GA
City population
9,083
Population (ZIP)
9,083

Population outlook (Fayette County) Hauer SSP2

Today (2025)
120,914 people
By 2030
125,439 · +3.7%
By 2040
132,378 · +9.5%
By 2050
137,123 · +13.4%
By 2075
156,091 · +29.1%
By 2100
163,102 · +34.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
White 57% Black 28% Two or more races 7% Hispanic / Latino 6% Asian 3%
Hispanic origin (detail)
Mexican 1% Dominican 2%
Common ancestry
Italian 2% Portuguese 2% Slovak 2%
Foreign-born
8% · Canada, Vietnam, Mexico
Languages at home
91% English-only · Spanish 5% Other Asian/Pacific 2% Vietnamese 1%

Political lean MEDSL · Fayette

2024 margin
Toss-up / Even · D 48.0% · R 51.1%
2008→2024 swing
+27.5pp toward D · 2008: -30.7pp · 2024: -3.1pp
All cycles
2024: R+3.1 2020: R+6.8 2016: R+19.5 2012: R+31.4 2008: R+30.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -84.69%
Current HPI
243.293
Rent YoY
Metro
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

+25.7% since first listed
7 events — show timeline
  • 2026-06-03 Sold (Public Records) $465,000 Public Records
  • 2026-05-29 Sold (MLS) $465,000 GAMLS
  • 2026-05-13 Pending GAMLS
  • 2026-05-03 Listed $480,000 GAMLS
  • 2024-01-02 Listing Removed GAMLS
  • 2023-10-02 Listed $645,000 GAMLS
  • 2004-07-26 Sold (Public Records) $369,900 Public Records

Property tax history

-4.4%/yr

Latest (2025): $2,301 · +2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…