67104 Elnora Ln · Kingsland, GA 32097

$375,000

3 bd · 2.0 ba · 2,267 sqft · SingleFamily public records · 64 Days on market

Built 1997 1.00 ac lot

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.9/30.0
• Schools +6.0/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• 1% rule +1.3/10.0
• DSCR +1.1/10.0

Listing remarks MLS

LARGE COUNTRY LIVING HOME ON LARGE LOT. SELLER ACQUIRED PROPERTY THROUGH FORECLOSURE. SELLER AND AGENT MAKE NO REPRESENTATIONS OR WARRANTIES, UNAWARE OF ANY DEFECTS OR LEAD BASED PAINTS. BEING SOLD ''AS IS''. ALL INFO TO BE VERIFIED BY BUYER. SPECIAL BANK ADDENDUMS ARE REQUIRED. PROOF OF FUNDS OR PRE-APPROVAL LETTER IS REQUIRED. SELLER WILL NOT PROVIDE SURVEY.

Key facts

• New carpet
• Ceiling fans
• Updated lighting

Tags

• NEW ROOF
• HVAC SYSTEM
• LUXURY VINYL PLANK FLOORING
• NEW CARPET
• UPDATED LIGHTING
• CEILING FANS

Property features AI

Exterior

• Parking: Other parking
• Utilities: Septic tank; Electricity connected; Sewer connected; Water connected
• Home design: Single-family residence; One story
• Construction: Frame construction; Shingle roof
• Exterior features: Fenced (other); Dirt road access

Interior

• Kitchen: Dishwasher; Electric range; Microwave
• Bedrooms: 5 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Breakfast nook; Ceiling fans; Primary bathroom with shower (no tub); Split bedroom layout
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $375k.

Deal economics

• At list price, monthly cash flow is $-570 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $274k (26.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (37.0% below list).
• Recommended offer: $236k (37.0% below list) — sets the bar for 1% rule.
• Cap rate 4.5% vs local median 3.5% in Kingsland — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 69/100 on livability (#111 in GA) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, cost of living A; Watch: employment C-, amenities F, commute F.
• Nassau (town): math 74% / reading 65% proficiency, ranked #4 of 73 in FL (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.9%/yr); solid renter incomes; 953 units permitted in Nassau County in 2024 (24 in 5+ unit buildings).
• This rent runs 30% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $40k of equity ($3k loan paydown + $38k appreciation (10.0% local appreciation)).
• Nassau County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$64k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($352k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y ago; this cycle's ask has dropped $40k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $121k; list at $375k implies a 209% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $236,419 (37.0% 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 64 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
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 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?
6. 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?
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: 0.63% ✗
• Cap rate: 4.47%
• Cash-on-cash: -6.52%
• DSCR: 0.71
• GRM: 13.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 2.88% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 2.60×
• Total profit: $167,566
• Equity at exit: $337,830

10-year hold

• IRR: 18.0%
• Equity multiple: 5.97×
• Total profit: $521,328
• Equity at exit: $728,543

Cash invested: $105,000 (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 32097

• Home prices YoY: 19.5%
• Rents YoY: 2.9%
• Price-to-rent: 13.2×

Monthly cashflow live

• Estimated rent: $2,364 medium
• Mortgage (P&I): −$1,967
• Tax from tax record: −$315 /mo · $3,783/yr
• Insurance: −$156
• HOA: −$0
• Vacancy / Maint / Mgmt: −$496
• Net cashflow: $-570

Break-even live

Break-even rent $3,086

Max offer price $274,247

Occupancy floor —

Sensitivity live

Price	-10% $-358	-5% $-464	+0% $-570	+5% $-676	+10% $-783
Rent	-10% $-757	-5% $-664	+0% $-570	+5% $-477	+10% $-384
Rate	-1.0pp $-381	-0.5pp $-475	base $-570	+0.5pp $-668	+1.0pp $-766

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-21
   days on market $375,000 Active 64 DOM
2. 2026-06-18
   days on market $375,000 Active 61 DOM
3. 2026-06-17
   days on market $375,000 Active 60 DOM
4. 2026-06-16
   status $375,000 Active 59 DOM
5. 2026-05-22
   status Pending
6. 2026-05-19
   price $375,000
7. 2026-05-11
   price $400,000
8. 2026-04-14
   price $405,000
9. 2026-03-24
   listed $415,000 Active
10. 2008-10-31
    soldstatus $121,300
11. 2008-09-19
    soldstatus $121,250 362-char remark

    Show marketing remark (362 chars)

    LARGE COUNTRY LIVING HOME ON LARGE LOT. SELLER ACQUIRED PROPERTY THROUGH FORECLOSURE. SELLER AND AGENT MAKE NO REPRESENTATIONS OR WARRANTIES, UNAWARE OF ANY DEFECTS OR LEAD BASED PAINTS. BEING SOLD ''AS IS''. ALL INFO TO BE VERIFIED BY BUYER. SPECIAL BANK ADDENDUMS ARE REQUIRED. PROOF OF FUNDS OR PRE-APPROVAL LETTER IS REQUIRED. SELLER WILL NOT PROVIDE SURVEY.

12. 2008-03-20
    listed $129,900 362-char remark

    Show marketing remark (362 chars)

    LARGE COUNTRY LIVING HOME ON LARGE LOT. SELLER ACQUIRED PROPERTY THROUGH FORECLOSURE. SELLER AND AGENT MAKE NO REPRESENTATIONS OR WARRANTIES, UNAWARE OF ANY DEFECTS OR LEAD BASED PAINTS. BEING SOLD ''AS IS''. ALL INFO TO BE VERIFIED BY BUYER. SPECIAL BANK ADDENDUMS ARE REQUIRED. PROOF OF FUNDS OR PRE-APPROVAL LETTER IS REQUIRED. SELLER WILL NOT PROVIDE SURVEY.

13. 2008-03-17
    historical 285-char remark

    Show marketing remark (285 chars)

    LARGE CONTEMPORARY MODERN HOME.COUNTRY LIVING.SPACIOUS 1 ACRE LOT.SOME UPGRADES COMPLETED.SELLER SELLING IN AS IS CONDITION.PRE-QUAL/PROOF OF FUND LETTER REQUIRED AT TIME OF OFFER ALONG WITH A COPY OF BINDER CHECK IN THE AMOUNT OF $1000.00 OR 2% OF PURCHASE PRICE WHICHEVER IS GREATER.

14. 2007-08-22
    listed $169,900 285-char remark

    Show marketing remark (285 chars)

    LARGE CONTEMPORARY MODERN HOME.COUNTRY LIVING.SPACIOUS 1 ACRE LOT.SOME UPGRADES COMPLETED.SELLER SELLING IN AS IS CONDITION.PRE-QUAL/PROOF OF FUND LETTER REQUIRED AT TIME OF OFFER ALONG WITH A COPY OF BINDER CHECK IN THE AMOUNT OF $1000.00 OR 2% OF PURCHASE PRICE WHICHEVER IS GREATER.

ⓘ 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: $3,783 · $315/mo
• Projected year-2 tax: $3,783 · $315/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 10 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,370
• − Mortgage interest: −$21,006
• − Property taxes: −$3,783
• − Insurance: −$1,875
• − Repairs & maintenance: −$2,270
• − Management: −$2,270
• − Depreciation: −$10,909
• Taxable loss: −$13,742
• Est. tax savings @ 24.0%: +$3,298
• After-tax cash flow: $-3,546/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: Nassau
• NCES district ID: 1201350
• Math proficiency: 74% ▼ -2.00%
• Reading proficiency: 65% ▼ -2.00%
• Median HH income: $58,267
• Composite: 59.79/100
• National rank: #899
• State rank: #4 of 73 in FL

Livability — Kingsland

• Score: 69/100
• State rank: #111
• US rank: #8436

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Nassau County · 67,729 people
• City population: 26,700
• Metro: Jacksonville, FL
• Population (ZIP): 26,700
• Household income: $93,161
• Rent vs Own: 19.8% rent · 80.2% own
• Severe rent burden: 404.0

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 88,419 people
• By 2030: 92,679 · +4.8%
• By 2040: 99,257 · +12.3%
• By 2050: 103,378 · +16.9%
• By 2075: 109,726 · +24.1%
• By 2100: 107,006 · +21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Two or more races 9% Black 9% Hispanic / Latino 8% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Italian 3% Romanian 2%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 93% English-only · Spanish 5% Vietnamese 1%

Political lean MEDSL · Nassau

• 2024 margin: Solid R (+46.9) · D 26.1% · R 73.1%
• 2008→2024 swing: -3.1pp toward R · 2008: -43.8pp · 2024: -46.9pp
• All cycles: 2024: R+46.9 2020: R+45.9 2016: R+50.2 2012: R+48.6 2008: R+43.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 49.35%
• Current HPI: 301.9299
• Rent YoY: ▲ 2.88%
• Metro: Jacksonville, FL
• 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

+120.7% since first listed

10 events — show timeline

• 2026-05-22 Pending — realMLS
• 2026-05-19 Price Changed $375,000 realMLS
• 2026-05-11 Price Changed $400,000 realMLS
• 2026-04-14 Price Changed $405,000 realMLS
• 2026-03-24 Listed $415,000 realMLS
• 2008-10-31 Sold (Public Records) $121,300 Public Records
• 2008-09-19 Sold (MLS) $121,250 realMLS
• 2008-03-20 Listed $129,900 realMLS
• 2008-03-17 Listing Removed — realMLS
• 2007-08-22 Listed $169,900 realMLS

Property tax history

+12.8%/yr

Latest (2025): $3,783 · +1.9% YoY. Source: county tax records.