202 Coneflower Rd · Savannah, GA 31302

$233,000

3 bd · 2.5 ba · 1,418 sqft · Townhouse public records · 128 Days on market

Built 2023 Excellent condition 2,178 sqft lot Garage $164/sqft · 11% below area Est $261k · 11% under $200/mo HOA · 9% of rent ↓ 9% since listing

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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 +12.6/30.0
• ARV discount +12.3/15.0
• Condition / age +4.8/5.0
• 1% rule +4.4/10.0
• Livability +4.3/5.0
• DSCR +3.7/10.0
• Schools +1.9/10.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Let the Seller's Short Sale be Your Gain! Enjoy resort-style living at an exceptional value in this beautiful townhome located in The Pines at New Hampstead! This thoughtfully designed home features an open-concept floor plan with a spacious living area and a chef’s kitchen equipped with granite countertops, stainless steel appliances, an appliance pantry, a separate food pantry, and a center island—perfect for entertaining. Being an end unit, the additional windows flood the home with sunlight. The large upstairs owner's suite offers a walk-in closet and a spa-like bathroom with double vanities, granite countertops, a spacious shower, and plenty of room to unwind.

Key facts

• Chef kitchen
• Appliance pantry
• Separate food pantry

Tags

• OPEN CONCEPT FLOOR PLAN
• CHEF KITCHEN
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• APPLIANCE PANTRY
• SEPARATE FOOD PANTRY

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $233k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-32 ($-378/yr) — negative.
• To cash-flow at today's rent, offer at most $227k (2.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (6.4% below list).
• Recommended offer: $205k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.1% vs local median 4.1% in Savannah — 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 86/100 on livability (#1 in GA, #397 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+; Watch: employment D, schools F.
• Savannah-Chatham County (urban): math 20% / reading 26% proficiency, ranked #134 of 174 in GA (top 77%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents falling (-5.5%/yr); 439 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,694 units permitted in Chatham County in 2024 (973 in 5+ unit buildings).
• This rent runs 38% of the median local income ($69k/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 $7k of value loss. Plan a longer hold.
• Chatham County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($205k) is reasonable based on typical stale-listing flexibility.
• 5 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.

Recommended offer $205,040 (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 128 days. Have you received any prior offers? Is the seller open to a 12% 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. 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: 0.94% ✗
• Cap rate: 6.13%
• Cash-on-cash: -0.58%
• DSCR: 0.97
• GRM: 8.9

CMA / ARV

• ARV (median comp): $261,020
• List price: $233,000
• Delta: -10.73%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 Coneflower Rd	0.03mi	3/2.5	1,418 (0%)	0mo	$254,880	$180	98
435 Salvia Rd	0.05mi	3/2.5	1,418 (0%)	0mo	$235,000	$166	98
184 Coneflower Rd	0.02mi	3/2.5	1,418 (0%)	4mo	$255,000	$180	96
121 Coneflower Rd	0.08mi	3/2.5	1,418 (0%)	2mo	$255,000	$180	95
435 Salvia Rd	0.05mi	3/2.5	1,418 (0%)	4mo	$182,750	$129	94
203 Coneflower Rd	0.03mi	3/2.5	1,418 (0%)	8mo	$250,000	$176	92

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: -20.9%
• Equity multiple: 0.29×
• Total profit: $-46,035
• Equity at exit: $34,741

10-year hold

• IRR: -24.4%
• Equity multiple: -0.03×
• Total profit: $-66,881
• Equity at exit: $20,146

Cash invested: $65,240 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 9 active · 9 under contract
• Months of supply: 10.8 mo (9%/mo absorbed)
• Median asking: $249,880 ($176/sqft)
• Median days on market: 102 d
• This list price: 11% of active listings are priced below it
• ARV vs active asking: +4.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 31302

• Home prices YoY: -18.5%
• Rents YoY: -5.5%
• Active inventory: 439
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,181 high
• Mortgage (P&I): −$1,222
• Tax from tax record: −$236 /mo · $2,828/yr
• Insurance: −$97
• HOA: −$200
• Vacancy / Maint / Mgmt: −$458
• Net cashflow: $-32

Break-even live

Break-even rent $2,221

Max offer price $227,429

Occupancy floor 96%

Sensitivity live

Price	-10% $100	-5% $34	+0% $-32	+5% $-97	+10% $-163
Rent	-10% $-204	-5% $-118	+0% $-32	+5% $55	+10% $141
Rate	-1.0pp $86	-0.5pp $28	base $-32	+0.5pp $-92	+1.0pp $-153

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: $58,250
• Closing costs: $6,990
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
223 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$1,950	$1.38	31d	1	0.01mi
183 Coneflower Rd Unit Labs Bloomingdale, GA	3.0	2.5	1418	$2,000	$1.41	5d	1	0.03mi
210 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$1,900	$1.34	36d	1	0.03mi
214 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$2,300	$1.62	184d	1	0.03mi
173 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$2,000	$1.41	2d	1	0.04mi
169 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$2,000	$1.41	0d	1	0.04mi
164 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$2,100	$1.48	0d	1	0.05mi
164 Coneflower Rd Bloomingdale, GA	3.0	2.5	1418	$2,100	$1.48	1d	1	0.05mi
128 Skylark Rd Bloomingdale, GA	4.0	2.0	1786	$2,195	$1.23	2d	1	0.44mi
404 Turpentine Trl Bloomingdale, GA	4.0	2.0	1775	$2,350	$1.32	154d	1	0.49mi
217 Justify Ave Bloomingdale, GA	3.0	2.0	1449	$2,195	$1.51	35d	1	0.93mi
480 John Carter Rd Bloomingdale, GA	1.0–3.0	1.0–2.0	1002	$2,332	$2.33	0d	20	1.08mi

Property features AI

Finance

• Other: Subdivision: The Pines at New HampsteadDirections available
• HOA & community: Homeowners association with $200 monthly feeCommunity clubhouseFitness centerPlaygroundPoolStreet lights and sidewalks

Exterior

• Parking: Attached garage with garage door opener1 garage space
• Utilities: Public waterPublic sewerUnderground utilitiesRoad access via asphalt and concrete
• Home design: Townhouse2 storiesProperty is attached with one common wall
• Construction: Vinyl sidingTar/gravel roofConcrete perimeter and slab foundationBuilt as residential townhouse
• Exterior features: Front porchCommunity poolOn a lagoon waterfrontHas a viewAccessible features

Interior

• Kitchen: DishwasherDisposalMicrowaveOvenRangeRefrigeratorElectric water heater
• Bathrooms: 2 full bathrooms1 half bathroomAccessible full bathroom
• Heating & cooling: Central heating (electric)Central air conditioning (electric)
• Interior features: Kitchen islandPantry
• Laundry & utility: Washer hookup on upper level

Listing history 50 events

1. 2026-11-08
   days on market $233,000 Active 128 DOM
2. 2026-11-07
   days on market $233,000 Active 127 DOM
3. 2026-11-06
   days on market $233,000 Active 126 DOM
4. 2026-11-05
   days on market $233,000 Active 125 DOM
5. 2026-11-04
   days on market $233,000 Active 124 DOM
6. 2026-11-02
   days on market $233,000 Active 122 DOM
7. 2026-11-01
   days on market $233,000 Active 121 DOM
8. 2026-10-31
   days on market $233,000 Active 120 DOM
9. 2026-10-30
   days on market $233,000 Active 119 DOM
10. 2026-10-29
    days on market $233,000 Active 118 DOM
11. 2026-10-28
    days on market $233,000 Active 117 DOM
12. 2026-10-27
    days on market $233,000 Active 116 DOM
13. 2026-10-26
    days on market $233,000 Active 115 DOM
14. 2026-10-25
    days on market $233,000 Active 114 DOM
15. 2026-10-24
    days on market $233,000 Active 113 DOM
16. 2026-10-23
    days on market $233,000 Active 112 DOM
17. 2026-10-22
    days on market $233,000 Active 111 DOM
18. 2026-10-21
    days on market $233,000 Active 110 DOM
19. 2026-10-20
    days on market $233,000 Active 109 DOM
20. 2026-10-19
    days on market $233,000 Active 108 DOM
21. 2026-10-18
    days on market $233,000 Active 107 DOM
22. 2026-10-17
    days on market $233,000 Active 106 DOM
23. 2026-10-16
    days on market $233,000 Active 105 DOM
24. 2026-10-15
    days on market $233,000 Active 104 DOM
25. 2026-10-14
    days on market $233,000 Active 103 DOM
26. 2026-10-13
    days on market $233,000 Active 102 DOM
27. 2026-10-12
    days on market $233,000 Active 101 DOM
28. 2026-10-11
    days on market $233,000 Active 100 DOM
29. 2026-10-10
    days on market $233,000 Active 99 DOM
30. 2026-10-09
    days on market $233,000 Active 98 DOM
31. 2026-10-08
    days on market $233,000 Active 97 DOM
32. 2026-10-07
    days on market $233,000 Active 96 DOM
33. 2026-10-06
    days on market $233,000 Active 95 DOM
34. 2026-10-05
    days on market $233,000 Active 94 DOM
35. 2026-10-04
    days on market $233,000 Active 93 DOM
36. 2026-10-03
    days on market $233,000 Active 92 DOM
37. 2026-10-02
    days on market $233,000 Active 91 DOM
38. 2026-10-01
    days on market $233,000 Active 90 DOM
39. 2026-09-30
    days on market $233,000 Active 89 DOM
40. 2026-09-29
    days on market $233,000 Active 88 DOM
41. 2026-09-28
    days on market $233,000 Active 87 DOM
42. 2026-09-27
    days on market $233,000 Active 86 DOM
43. 2026-09-26
    days on market $233,000 Active 85 DOM
44. 2026-09-25
    days on market $233,000 Active 84 DOM
45. 2026-09-24
    pricestatus $233,000 Active 83 DOM
46. 2026-08-30
    statusdays on market $219,900 Pending 83 DOM
47. 2026-08-29
    days on market $219,900 Active Under Contract 82 DOM
48. 2026-08-28
    days on market $219,900 Active Under Contract 81 DOM
49. 2026-08-27
    days on market $219,900 Active Under Contract 80 DOM
50. 2026-08-26
    days on market $219,900 Active Under Contract 79 DOM

ⓘ 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: $2,828 · $236/mo
• Projected year-2 tax: $2,828 · $236/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $26,173
• − Mortgage interest: −$13,052
• − Property taxes: −$2,828
• − Insurance: −$1,165
• − Repairs & maintenance: −$2,094
• − Management: −$2,094
• − HOA: −$2,400
• − Depreciation: −$6,778
• Taxable loss: −$4,237
• Est. tax savings @ 24.0%: +$1,017
• After-tax cash flow: $638/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.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This well-maintained townhome in The Pines at New Hampstead is move-in ready and offers a great value for both resale and rental.

Value-add opportunities

• Resale Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Replace carpet with hardwood flooring — Hardwood flooring is more durable and can increase both resale and rental value ↑
• Both Install smart home features — Smart home features can increase both resale and rental value by adding modern conveniences ↑

F Composite school gradezoned avg 18/100

Zoned Schools

Elementary New Hampstead K-8 School High New Hampstead High School F GA #254/424 Nat'l #14,713/17,239

Schools (NCES district)

• District: Savannah-Chatham County
• NCES district ID: 1301020
• Math proficiency: 20% ▼ -11.00%
• Reading proficiency: 26% ▼ -5.00%
• Median HH income: $47,443
• Composite: 20.14/100
• National rank: #8639
• State rank: #134 of 174 in GA

A Composite livability gradescore 86/100

Livability — Savannah

• Score: 86/100
• State rank: #1
• US rank: #397

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Savannah, GA
• County: Effingham County · 332,584 people
• City population: 216,564
• Metro: Savannah, GA
• Population (ZIP): 8,899
• Household income: $68,998
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 8% of renters

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Population outlook (Chatham County) Hauer SSP2

• Today (2025): 332,584 people
• By 2030: 355,508 · +6.9%
• By 2040: 400,030 · +20.3%
• By 2050: 443,019 · +33.2%
• By 2075: 534,579 · +60.7%
• By 2100: 583,863 · +75.6%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 8% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 1%
• Languages at home: 96% English-only · Spanish 2% German/W. Germanic 1% Other Indo-European 1%

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Political lean MEDSL · Chatham

• 2024 margin: D (+18.0) · D 58.6% · R 40.6%
• 2008→2024 swing: +3.6pp toward D · 2008: 14.4pp · 2024: 18.0pp
• All cycles: 2024: D+18.0 2020: D+18.8 2016: D+14.5 2012: D+12.0 2008: D+14.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.89%
• Current HPI: 293.9427
• Rent YoY: ▼ -5.51%
• Metro: Savannah, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

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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

Property features AI

Finance

• Other: Subdivision: The Pines at New HampsteadDirections available
• HOA & community: Homeowners association with $200 monthly feeCommunity clubhouseFitness centerPlaygroundPoolStreet lights and sidewalks

Exterior

• Parking: Attached garage with garage door opener1 garage space
• Utilities: Public waterPublic sewerUnderground utilitiesRoad access via asphalt and concrete
• Home design: Townhouse2 storiesProperty is attached with one common wall
• Construction: Vinyl sidingTar/gravel roofConcrete perimeter and slab foundationBuilt as residential townhouse
• Exterior features: Front porchCommunity poolOn a lagoon waterfrontHas a viewAccessible features

Interior

• Kitchen: DishwasherDisposalMicrowaveOvenRangeRefrigeratorElectric water heater
• Bathrooms: 2 full bathrooms1 half bathroomAccessible full bathroom
• Heating & cooling: Central heating (electric)Central air conditioning (electric)
• Interior features: Kitchen islandPantry
• Laundry & utility: Washer hookup on upper level

Price history

-9.2% since first listed

8 events — show timeline

• 2026-06-08 Listed $236,498 Hive MLS
• 2026-03-04 Pending — Hive MLS
• 2026-02-06 Listing Removed — Hive MLS
• 2025-12-11 Listed — Hive MLS
• 2025-08-01 Listed $255,000 Hive MLS
• 2023-06-15 Sold (MLS) $260,450 Hive MLS
• 2023-02-06 Listed $260,450 Hive MLS
• 2023-02-06 Listed $260,450 Hive MLS

Property tax history

+131.9%/yr

Latest (2025): $2,828 · -48.9% YoY. Source: county tax records.