73 Cade St · Hartwell, GA 30643

$217,500

4 bd · 2.0 ba · 1,750 sqft · SingleFamily · 53 Days on market

Built 1956 Good condition 0.57 ac lot $124/sqft · 6% below area Est $231k · 6% under ↓ 8% since listing

---

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 +19.9/30.0
• ARV discount +10.1/15.0
• DSCR +6.3/10.0
• 1% rule +5.3/10.0
• Condition / age +4.0/5.0
• Livability +3.1/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

DUPLEX OPPURTUNITY!! Don't miss this versatile opportunity perfect for investors, homeowners, or anyone seeking 3 bedrooms and 1 bathroom on the upper level, along with a separate unit with 1 bedroom and 1 bathroom downstairs. Offering excellent potential for rental income or multi-generational living. Situated on a generous 0.574-acre lot on public water and sewer, and located just 3 minutes from downtown Hartwell, and 5 minutes to the lake. This property combines space, flexibility, and convenience in one attractive package. A new survey has been recorded, and a new deed will be drafted at closing. A video tour of upstairs is available on YouTube by typing in the address. Upstairs rents for $1250 a month, and downstairs $980 a month! The downstairs tenant will move out by the end of April. Please do not disturb them.

Key facts

• Generous lot
• Separate living unit
• Access to sewer

Tags

• FULLY FUNCTIONAL BASEMENT
• SEPARATE LIVING UNIT
• GENEROUS LOT
• ACCESS TO PUBLIC WATER
• ACCESS TO SEWER
• 3 MINUTES FROM DOWNTOWN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $218k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $262 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $218k).
• Recommended offer: $211k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 3.3% in Hartwell — 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 (#342 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+; Watch: housing C-, health & safety C-, schools D.
• Hart County (town): math 32% / reading 33% proficiency, ranked #82 of 174 in GA (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 281 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 170 units permitted in Hart County in 2024 (8 in 5+ unit buildings).

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.
• Hart County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($211k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $210,975 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is D 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?
6. 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.
7. 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.
8. 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: 1.03% ✓
• Cap rate: 7.74%
• Cash-on-cash: 5.17%
• DSCR: 1.23
• GRM: 8.1

CMA / ARV

• ARV (median comp): $230,947
• List price: $217,500
• Delta: -5.82%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
72 Cade St	0.03mi	4/2.0	1,891 (+8%)	2mo	$261,000	$138	83
45 Dogwood St	0.30mi	3/2.0 (-1)	1,817 (+4%)	4mo	$110,000	$61	71
231 Race St	0.25mi	3/2.0 (-1)	1,720 (-2%)	15mo	$237,500	$138	68
437 Cade St	0.36mi	3/1.5 (-1)	1,778 (+2%)	12mo	$258,000	$145	64
135 Highland Ave	0.29mi	3/2.0 (-1)	1,649 (-6%)	12mo	$290,000	$176	62
55 Glenn St	0.28mi	3/1.5 (-1)	1,534 (-12%)	10mo	$126,000	$82	51
638 Highland Avenue Ave	0.75mi	3/2.0 (-1)	1,600 (-9%)	2mo	$350,000	$219	44
640 E Howell St	0.71mi	5/2.0 (+1)	1,894 (+8%)	7mo	$397,950	$210	42
322 S Forest Ave	0.32mi	3/2.5 (-1)	1,993 (+14%)	22mo	$346,000	$174	37
51 Holly St	0.67mi	3/2.0 (-1)	2,007 (+15%)	23mo	$389,900	$194	20

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: -8.3%
• Equity multiple: 0.70×
• Total profit: $-18,494
• Equity at exit: $32,430

10-year hold

• IRR: 1.3%
• Equity multiple: 1.09×
• Total profit: $5,557
• Equity at exit: $18,805

Cash invested: $60,900 (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 30643

• Home prices YoY: -16.7%
• Active inventory: 281
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,235 medium
• Mortgage (P&I): −$1,141
• Tax est. 1.5%: −$272 /mo · $3,262/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $262

Break-even live

Break-even rent $1,903

Max offer price $217,500

Occupancy floor 83%

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: $54,375
• Closing costs: $6,525
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
101 Fisher Dr Hartwell, GA	4.0	2.0	1678	$2,500	$1.49	13d	1	0.98mi
234 Bowers Estates Rd Hartwell, GA	3.0	3.0	1500	$1,850	$1.23	43d	1	1.27mi

Listing history 5 events

1. 2026-05-12
   status Under Contract 830-char remark

   Show marketing remark (830 chars)

   DUPLEX OPPURTUNITY!! Don't miss this versatile opportunity perfect for investors, homeowners, or anyone seeking 3 bedrooms and 1 bathroom on the upper level, along with a separate unit with 1 bedroom and 1 bathroom downstairs. Offering excellent potential for rental income or multi-generational living. Situated on a generous 0.574-acre lot on public water and sewer, and located just 3 minutes from downtown Hartwell, and 5 minutes to the lake. This property combines space, flexibility, and convenience in one attractive package. A new survey has been recorded, and a new deed will be drafted at closing. A video tour of upstairs is available on YouTube by typing in the address. Upstairs rents for $1250 a month, and downstairs $980 a month! The downstairs tenant will move out by the end of April. Please do not disturb them.

2. 2026-04-14
   price $217,500 830-char remark

   Show marketing remark (830 chars)

   DUPLEX OPPURTUNITY!! Don't miss this versatile opportunity perfect for investors, homeowners, or anyone seeking 3 bedrooms and 1 bathroom on the upper level, along with a separate unit with 1 bedroom and 1 bathroom downstairs. Offering excellent potential for rental income or multi-generational living. Situated on a generous 0.574-acre lot on public water and sewer, and located just 3 minutes from downtown Hartwell, and 5 minutes to the lake. This property combines space, flexibility, and convenience in one attractive package. A new survey has been recorded, and a new deed will be drafted at closing. A video tour of upstairs is available on YouTube by typing in the address. Upstairs rents for $1250 a month, and downstairs $980 a month! The downstairs tenant will move out by the end of April. Please do not disturb them.

3. 2026-04-06
   price $235,000 830-char remark

   Show marketing remark (830 chars)

   DUPLEX OPPURTUNITY!! Don't miss this versatile opportunity perfect for investors, homeowners, or anyone seeking 3 bedrooms and 1 bathroom on the upper level, along with a separate unit with 1 bedroom and 1 bathroom downstairs. Offering excellent potential for rental income or multi-generational living. Situated on a generous 0.574-acre lot on public water and sewer, and located just 3 minutes from downtown Hartwell, and 5 minutes to the lake. This property combines space, flexibility, and convenience in one attractive package. A new survey has been recorded, and a new deed will be drafted at closing. A video tour of upstairs is available on YouTube by typing in the address. Upstairs rents for $1250 a month, and downstairs $980 a month! The downstairs tenant will move out by the end of April. Please do not disturb them.

4. 2026-03-31
   price $230,000 830-char remark

   Show marketing remark (830 chars)

   DUPLEX OPPURTUNITY!! Don't miss this versatile opportunity perfect for investors, homeowners, or anyone seeking 3 bedrooms and 1 bathroom on the upper level, along with a separate unit with 1 bedroom and 1 bathroom downstairs. Offering excellent potential for rental income or multi-generational living. Situated on a generous 0.574-acre lot on public water and sewer, and located just 3 minutes from downtown Hartwell, and 5 minutes to the lake. This property combines space, flexibility, and convenience in one attractive package. A new survey has been recorded, and a new deed will be drafted at closing. A video tour of upstairs is available on YouTube by typing in the address. Upstairs rents for $1250 a month, and downstairs $980 a month! The downstairs tenant will move out by the end of April. Please do not disturb them.

5. 2026-03-19
   listed $236,535 New 830-char remark

   Show marketing remark (830 chars)

   DUPLEX OPPURTUNITY!! Don't miss this versatile opportunity perfect for investors, homeowners, or anyone seeking 3 bedrooms and 1 bathroom on the upper level, along with a separate unit with 1 bedroom and 1 bathroom downstairs. Offering excellent potential for rental income or multi-generational living. Situated on a generous 0.574-acre lot on public water and sewer, and located just 3 minutes from downtown Hartwell, and 5 minutes to the lake. This property combines space, flexibility, and convenience in one attractive package. A new survey has been recorded, and a new deed will be drafted at closing. A video tour of upstairs is available on YouTube by typing in the address. Upstairs rents for $1250 a month, and downstairs $980 a month! The downstairs tenant will move out by the end of April. Please do not disturb them.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $26,819
• − Mortgage interest: −$12,183
• − Property taxes: −$3,262
• − Insurance: −$1,088
• − Repairs & maintenance: −$2,145
• − Management: −$2,145
• − Depreciation: −$6,327
• Taxable loss: −$333
• Est. tax savings @ 24.0%: +$80
• After-tax cash flow: $3,229/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

Good 80/100 Cosmetic rehab

This single-family home is in good condition with a good condition score of 80. It has a good roof, exterior, flooring, and interior walls/paint. The home is move-in ready with a few cosmetic updates that can increase its value.

Value-add opportunities

• Both Painting the exterior brick — Enhances curb appeal and can increase property value
• Both Landscaping improvements — Enhances curb appeal and can increase property value
• Rental New ceiling fans in each room — Modernizes the space and can attract renters

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior brick — Enhances curb appeal and can increase property value ↑
• Both Landscaping improvements — Enhances curb appeal and can increase property value ↑
• Rental New ceiling fans in each room — Modernizes the space and can attract renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hart County
• NCES district ID: 1302730
• Math proficiency: 32% ▼ -6.00%
• Reading proficiency: 33% ▼ -6.00%
• Median HH income: $37,494
• Composite: 27.08/100
• National rank: #7047
• State rank: #82 of 174 in GA

Livability — Hartwell

• Score: 61/100
• State rank: #342
• US rank: #17731

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartwell, GA
• Population (ZIP): 16,520

Population outlook (Hart County) Hauer SSP2

• Today (2025): 25,855 people
• By 2030: 25,887 · +0.1%
• By 2040: 25,627 · -0.9%
• By 2050: 24,939 · -3.5%
• By 2075: 23,150 · -10.5%
• By 2100: 19,492 · -24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 22% Two or more races 6% Hispanic / Latino 1%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Hart

• 2024 margin: Solid R (+54.8) · D 22.4% · R 77.2%
• 2008→2024 swing: -23.1pp toward R · 2008: -31.7pp · 2024: -54.8pp
• All cycles: 2024: R+54.8 2020: R+49.6 2016: R+46.7 2012: R+38.4 2008: R+31.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.98%
• Current HPI: 299.7363
• 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

-8.0% since first listed

5 events — show timeline

• 2026-05-12 Pending — GAMLS
• 2026-04-14 Price Changed $217,500 GAMLS
• 2026-04-06 Price Changed $235,000 GAMLS
• 2026-03-31 Price Changed $230,000 GAMLS
• 2026-03-19 Listed $236,535 GAMLS