200 Laryn Ln · Eastman, GA 31023

$152,000

3 bd · 1.0 ba · 1,392 sqft · SingleFamily public records · 113 Days on market

Built 1950 0.68 ac lot $109/sqft · 26% below area Est $204k · 26% under

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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 +22.2/30.0
• ARV discount +15.0/15.0
• Appreciation +9.4/10.0
• DSCR +7.1/10.0
• 1% rule +5.4/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Discover the perfect blend of comfort and value in this charming 3-bedroom, 2-bathroom home nestled in a peaceful Eastman neighborhood. Newly listed and ready for its next chapter, this inviting residence offers 1,392 square feet of thoughtfully designed living space at a price point that makes homeownership genuinely attainable. Step inside and experience a warm, functional layout that effortlessly accommodates everyday living and entertaining alike. Three well-proportioned bedrooms provide ample space for family, guests, or a dedicated home office, while two full bathrooms ensure morning routines run smoothly. The flowing floor plan creates a sense of openness that makes this home feel even more spacious than its footprint suggests. One of the standout features of this property is its generous lot size, giving you plenty of outdoor space to envision a garden, play area, or simply enjoy the tranquility of your own private retreat. Whether you're sipping coffee on a quiet morning or hosting a weekend cookout, the yard offers endless possibilities. Families will appreciate the close proximity to quality education, with Dodge County Primary School within a two-minute drive. Also, Dodge County Elementary, Dodge County Middle School, and Dodge County High School are just a short drive away. Middle Georgia State University is within a 15-minute drive and nature enthusiasts will also love the nearby Dodge County Public Fishing Area, perfect for weekend adventures and outdoor recreation.

Key facts

• Generous lot size
• 0.68 acre lot
• Built 1950

Tags

• GENEROUS LOT SIZE
• DODGE COUNTY PRIMARY SCHOOL

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $152k.

Deal economics

• At list price, monthly cash flow is $248 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $152k).
• Recommended offer: $138k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 6.3% in Eastman — 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 61/100 on livability (#333 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Dodge County (rural): math 18% / reading 26% proficiency, ranked #139 of 174 in GA (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 71 active listings in the ZIP; 13 units permitted in Dodge County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($1k loan paydown + $13k appreciation (8.8% local appreciation)).
• Dodge County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (8.8% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 113 days — a 9% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $16k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $138,320 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
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. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 8.25%
• Cash-on-cash: 7.00%
• DSCR: 1.31
• GRM: 8.0

CMA / ARV

• ARV (median comp): $204,256
• List price: $152,000
• Delta: -25.58%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

8.79% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.0%
• Equity multiple: 3.03×
• Total profit: $86,236
• Equity at exit: $123,784

10-year hold

• IRR: 24.0%
• Equity multiple: 6.62×
• Total profit: $239,156
• Equity at exit: $254,085

Cash invested: $42,560 (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 31023

• Home prices YoY: 4.2%
• Active inventory: 71
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,584 medium
• Mortgage (P&I): −$797
• Tax from tax record: −$142 /mo · $1,708/yr
• Insurance: −$63
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $248

Break-even live

Break-even rent $1,269

Max offer price $152,000

Occupancy floor 79%

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: $38,000
• Closing costs: $4,560
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $152,000 Active 113 DOM
2. 2026-06-17
   days on market $152,000 Active 112 DOM
3. 2026-06-16
   days on market $152,000 Active 111 DOM
4. 2026-06-15
   days on market $152,000 Active 110 DOM
5. 2026-06-13
   days on market $152,000 Active 108 DOM
6. 2026-06-12
   days on market $152,000 Active 107 DOM
7. 2026-06-09
   days on market $152,000 Active 104 DOM
8. 2026-06-08
   days on market $152,000 Active 103 DOM
9. 2026-06-07
   days on market $152,000 Active 102 DOM
10. 2026-06-07
    days on market $152,000 Active 101 DOM
11. 2026-06-04
    days on market $152,000 Active 98 DOM
12. 2026-06-02
    days on market $152,000 Active 97 DOM
13. 2026-06-01
    days on market $152,000 Active 96 DOM
14. 2026-05-31
    days on market $152,000 Active 95 DOM
15. 2026-05-31
    days on market $152,000 Active 94 DOM
16. 2026-05-09
    price $152,000 1514-char remark

    Show marketing remark (1514 chars)

    Discover the perfect blend of comfort and value in this charming 3-bedroom, 2-bathroom home nestled in a peaceful Eastman neighborhood. Newly listed and ready for its next chapter, this inviting residence offers 1,392 square feet of thoughtfully designed living space at a price point that makes homeownership genuinely attainable. Step inside and experience a warm, functional layout that effortlessly accommodates everyday living and entertaining alike. Three well-proportioned bedrooms provide ample space for family, guests, or a dedicated home office, while two full bathrooms ensure morning routines run smoothly. The flowing floor plan creates a sense of openness that makes this home feel even more spacious than its footprint suggests. One of the standout features of this property is its generous lot size, giving you plenty of outdoor space to envision a garden, play area, or simply enjoy the tranquility of your own private retreat. Whether you're sipping coffee on a quiet morning or hosting a weekend cookout, the yard offers endless possibilities. Families will appreciate the close proximity to quality education, with Dodge County Primary School within a two-minute drive. Also, Dodge County Elementary, Dodge County Middle School, and Dodge County High School are just a short drive away. Middle Georgia State University is within a 15-minute drive and nature enthusiasts will also love the nearby Dodge County Public Fishing Area, perfect for weekend adventures and outdoor recreation.

17. 2026-03-25
    price $158,000 1514-char remark

    Show marketing remark (1514 chars)

    Discover the perfect blend of comfort and value in this charming 3-bedroom, 2-bathroom home nestled in a peaceful Eastman neighborhood. Newly listed and ready for its next chapter, this inviting residence offers 1,392 square feet of thoughtfully designed living space at a price point that makes homeownership genuinely attainable. Step inside and experience a warm, functional layout that effortlessly accommodates everyday living and entertaining alike. Three well-proportioned bedrooms provide ample space for family, guests, or a dedicated home office, while two full bathrooms ensure morning routines run smoothly. The flowing floor plan creates a sense of openness that makes this home feel even more spacious than its footprint suggests. One of the standout features of this property is its generous lot size, giving you plenty of outdoor space to envision a garden, play area, or simply enjoy the tranquility of your own private retreat. Whether you're sipping coffee on a quiet morning or hosting a weekend cookout, the yard offers endless possibilities. Families will appreciate the close proximity to quality education, with Dodge County Primary School within a two-minute drive. Also, Dodge County Elementary, Dodge County Middle School, and Dodge County High School are just a short drive away. Middle Georgia State University is within a 15-minute drive and nature enthusiasts will also love the nearby Dodge County Public Fishing Area, perfect for weekend adventures and outdoor recreation.

18. 2026-02-25
    listed $168,000 New 1514-char remark

    Show marketing remark (1514 chars)

    Discover the perfect blend of comfort and value in this charming 3-bedroom, 2-bathroom home nestled in a peaceful Eastman neighborhood. Newly listed and ready for its next chapter, this inviting residence offers 1,392 square feet of thoughtfully designed living space at a price point that makes homeownership genuinely attainable. Step inside and experience a warm, functional layout that effortlessly accommodates everyday living and entertaining alike. Three well-proportioned bedrooms provide ample space for family, guests, or a dedicated home office, while two full bathrooms ensure morning routines run smoothly. The flowing floor plan creates a sense of openness that makes this home feel even more spacious than its footprint suggests. One of the standout features of this property is its generous lot size, giving you plenty of outdoor space to envision a garden, play area, or simply enjoy the tranquility of your own private retreat. Whether you're sipping coffee on a quiet morning or hosting a weekend cookout, the yard offers endless possibilities. Families will appreciate the close proximity to quality education, with Dodge County Primary School within a two-minute drive. Also, Dodge County Elementary, Dodge County Middle School, and Dodge County High School are just a short drive away. Middle Georgia State University is within a 15-minute drive and nature enthusiasts will also love the nearby Dodge County Public Fishing Area, perfect for weekend adventures and outdoor recreation.

19. 2021-09-09
    soldstatus $135,500
20. 2021-09-08
    soldstatus $135,500 Sold 239-char remark

    Show marketing remark (239 chars)

    Adorable 3 bed and 2 bath home has a new roof, new H-Vac, new vapor barrier, new vinyl flooring, granite counter tops, and the inside of the house has been completely repainted! Priced to sell and ready for you to make it your dream home!

21. 2021-07-27
    status Under Contract 239-char remark

    Show marketing remark (239 chars)

    Adorable 3 bed and 2 bath home has a new roof, new H-Vac, new vapor barrier, new vinyl flooring, granite counter tops, and the inside of the house has been completely repainted! Priced to sell and ready for you to make it your dream home!

22. 2021-07-17
    listed $134,500 New 239-char remark

    Show marketing remark (239 chars)

    Adorable 3 bed and 2 bath home has a new roof, new H-Vac, new vapor barrier, new vinyl flooring, granite counter tops, and the inside of the house has been completely repainted! Priced to sell and ready for you to make it your dream home!

23. 2017-03-21
    soldstatus $55,000

ⓘ 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: $1,708 · $142/mo
• Projected year-2 tax: $1,708 · $142/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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,005
• − Mortgage interest: −$8,514
• − Property taxes: −$1,708
• − Insurance: −$760
• − Repairs & maintenance: −$1,520
• − Management: −$1,520
• − Depreciation: −$4,422
• Taxable income: $560
• Est. tax owed @ 24.0%: −$134
• After-tax cash flow: $2,846/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: Dodge County
• NCES district ID: 1301770
• Math proficiency: 18% ▼ -21.00%
• Reading proficiency: 26% ▼ -7.00%
• Median HH income: $34,856
• Composite: 18.1/100
• National rank: #8971
• State rank: #139 of 174 in GA

Livability — Eastman

• Score: 61/100
• State rank: #333
• US rank: #17509

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Eastman, GA
• Population (ZIP): 14,257

Population outlook (Dodge County) Hauer SSP2

• Today (2025): 19,669 people
• By 2030: 18,784 · -4.5%
• By 2040: 16,878 · -14.2%
• By 2050: 14,837 · -24.6%
• By 2075: 9,804 · -50.2%
• By 2100: 5,885 · -70.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 25% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Dodge

• 2024 margin: Solid R (+49.9) · D 24.9% · R 74.8%
• 2008→2024 swing: -14.0pp toward R · 2008: -35.9pp · 2024: -49.9pp
• All cycles: 2024: R+49.9 2020: R+45.5 2016: R+45.5 2012: R+35.9 2008: R+35.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.79%
• Current HPI: 216.6501
• Rent YoY: —
• Metro: —
• 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

+176.4% since first listed

8 events — show timeline

• 2026-05-09 Price Changed $152,000 GAMLS
• 2026-03-25 Price Changed $158,000 GAMLS
• 2026-02-25 Listed $168,000 GAMLS
• 2021-09-09 Sold (Public Records) $135,500 Public Records
• 2021-09-08 Sold (MLS) $135,500 GAMLS
• 2021-07-27 Pending — GAMLS
• 2021-07-17 Listed $134,500 GAMLS
• 2017-03-21 Sold (MLS) $55,000 GAMLS

Property tax history

+6.5%/yr

Latest (2025): $1,708 · +30.0% YoY. Source: county tax records.