105 W Blue Branch Rd · Eatonton, GA 31024

$255,000

3 bd · 2.0 ba · 1,680 sqft · Other public records · 93 Days on market

Built 2011 1.12 ac lot ↓ 5% 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 +17.0/30.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• 1% rule +3.6/10.0
• Livability +3.6/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful home located less than a five-minute walk from Lake Sinclair. This 3 bedroom mobile home is situated on a large, spacious lot, offering plenty of room for outdoor activities, additional parking, or future improvements. The home features a recently renovated interior with a functional and comfortable layout. The kitchen is equipped with stainless steel appliances and ample cabinet space, making it ideal for everyday living or entertaining. With close proximity to the lake and generous outdoor space, this property presents an excellent opportunity for a full-time residence, weekend retreat, or investment property.

Key facts

• Large spacious lot
• Ample cabinet space
• 1.12 acre lot

Tags

• LARGE SPACIOUS LOT
• RECENTLY RENOVATED INTERIOR
• STAINLESS STEEL APPLIANCES
• AMPLE CABINET SPACE
• CLOSE PROXIMITY TO THE LAKE
• GENEROUS OUTDOOR SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $255k.

Deal economics

• At list price, monthly cash flow is $175 ($2k/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 $218k (14.3% below list).
• Recommended offer: $218k (14.3% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 4.2% in Eatonton — 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 71/100 on livability (#76 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools F, amenities F, commute F.
• Putnam County (rural): math 33% / reading 30% proficiency, ranked #86 of 174 in GA (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 522 active listings in the ZIP; 129 units permitted in Putnam County in 2024 (50 in 5+ unit buildings).
• This rent runs 40% of the median local income ($66k/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 $8k of value loss. Plan a longer hold.
• Putnam County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($232k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 53% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,466 (14.3% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.86% ✗
• Cap rate: 7.11%
• Cash-on-cash: 2.93%
• DSCR: 1.13
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -11.7%
• Equity multiple: 0.58×
• Total profit: $-30,299
• Equity at exit: $38,021

10-year hold

• IRR: -2.6%
• Equity multiple: 0.83×
• Total profit: $-12,459
• Equity at exit: $22,048

Cash invested: $71,400 (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.

Methodology + full state rankings →

ZIP-level market 31024

• Active inventory: 522
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,185 medium
• Mortgage (P&I): −$1,337
• Tax from tax record: −$108 /mo · $1,294/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$459
• Net cashflow: $175

Break-even live

Break-even rent $1,964

Max offer price $255,000

Occupancy floor 87%

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-09
   days on market $255,000 Active 93 DOM
2. 2026-06-08
   days on market $255,000 Active 92 DOM
3. 2026-06-07
   days on market $255,000 Active 91 DOM
4. 2026-06-05
   days on market $255,000 Active 88 DOM
5. 2026-06-03
   days on market $255,000 Active 87 DOM
6. 2026-06-02
   days on market $255,000 Active 86 DOM
7. 2026-06-01
   days on market $255,000 Active 85 DOM
8. 2026-05-31
   days on market $255,000 Active 84 DOM
9. 2026-05-30
   days on market $255,000 Active 83 DOM
10. 2026-04-16
    price $255,000 629-char remark

    Show marketing remark (629 chars)

    Beautiful home located less than a five-minute walk from Lake Sinclair. This 3 bedroom mobile home is situated on a large, spacious lot, offering plenty of room for outdoor activities, additional parking, or future improvements. The home features a recently renovated interior with a functional and comfortable layout. The kitchen is equipped with stainless steel appliances and ample cabinet space, making it ideal for everyday living or entertaining. With close proximity to the lake and generous outdoor space, this property presents an excellent opportunity for a full-time residence, weekend retreat, or investment property.

11. 2026-03-25
    price $260,000 629-char remark

    Show marketing remark (629 chars)

    Beautiful home located less than a five-minute walk from Lake Sinclair. This 3 bedroom mobile home is situated on a large, spacious lot, offering plenty of room for outdoor activities, additional parking, or future improvements. The home features a recently renovated interior with a functional and comfortable layout. The kitchen is equipped with stainless steel appliances and ample cabinet space, making it ideal for everyday living or entertaining. With close proximity to the lake and generous outdoor space, this property presents an excellent opportunity for a full-time residence, weekend retreat, or investment property.

12. 2026-03-06
    listed $269,000 New 629-char remark

    Show marketing remark (629 chars)

    Beautiful home located less than a five-minute walk from Lake Sinclair. This 3 bedroom mobile home is situated on a large, spacious lot, offering plenty of room for outdoor activities, additional parking, or future improvements. The home features a recently renovated interior with a functional and comfortable layout. The kitchen is equipped with stainless steel appliances and ample cabinet space, making it ideal for everyday living or entertaining. With close proximity to the lake and generous outdoor space, this property presents an excellent opportunity for a full-time residence, weekend retreat, or investment property.

ⓘ 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: $1,294 · $108/mo
• Projected year-2 tax: $2,346 · $196/mo
• Expected delta: +$1,052/yr (+$88/mo · 81.3%)

ⓘ 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 ≥109°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 53% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,216
• − Mortgage interest: −$14,284
• − Property taxes: −$1,294
• − Insurance: −$1,275
• − Repairs & maintenance: −$2,097
• − Management: −$2,097
• − Depreciation: −$7,418
• Taxable loss: −$2,249
• Est. tax savings @ 24.0%: +$540
• After-tax cash flow: $2,635/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: Putnam County
• NCES district ID: 1304260
• Math proficiency: 33% ▼ -5.00%
• Reading proficiency: 30% ▼ -1.00%
• Median HH income: $44,038
• Composite: 26.9/100
• National rank: #7088
• State rank: #86 of 174 in GA

Livability — Eatonton

• Score: 71/100
• State rank: #76
• US rank: #6665

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Putnam County · 21,601 people
• City population: 21,601
• Metro: nan
• Population (ZIP): 21,601
• Household income: $65,971
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 696.0

Population outlook (Putnam County) Hauer SSP2

• Today (2025): 20,747 people
• By 2030: 20,163 · -2.8%
• By 2040: 18,680 · -10.0%
• By 2050: 17,117 · -17.5%
• By 2075: 13,269 · -36.0%
• By 2100: 9,234 · -55.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Black 26% Hispanic / Latino 7% Two or more races 5%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 6% · Canada
• Languages at home: 94% English-only · Spanish 5%

Political lean MEDSL · Putnam

• 2024 margin: Solid R (+42.2) · D 28.7% · R 71.0%
• 2008→2024 swing: -10.9pp toward R · 2008: -31.4pp · 2024: -42.2pp
• All cycles: 2024: R+42.2 2020: R+40.9 2016: R+40.0 2012: R+35.8 2008: R+31.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -199.84%
• Current HPI: 269.8265
• Rent YoY: —
• Metro: nan
• 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

-5.2% since first listed

3 events — show timeline

• 2026-04-16 Price Changed $255,000 GAMLS
• 2026-03-25 Price Changed $260,000 GAMLS
• 2026-03-06 Listed $269,000 GAMLS

Property tax history

+23.2%/yr

Latest (2025): $1,294 · +32.7% YoY. Source: county tax records.