6933 W Highway 136 · Chickamauga, GA 30707

$179,000

3 bd · 1.0 ba · 988 sqft · SingleFamily public records · 79 Days on market

Built 1970 0.50 ac lot $181/sqft · 7% below area Est $193k · 7% under

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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 +12.9/30.0
• ARV discount +10.7/15.0
• DSCR +3.9/10.0
• Livability +3.4/5.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this solid 3-bedroom, 1-bath near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! * 3 bedrooms * 1 bath * New roof, new windows, newer HVAC * Fenced backyard * Minutes to Lafayette & I-59 * 45 min to Chattanooga

Key facts

• 0.5 acre lot
• Parking
• Built 1970

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $179k.

Deal economics

• At list price, monthly cash flow is $-12 ($-144/yr) — negative.
• To cash-flow at today's rent, offer at most $177k (1.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $141k (21.1% below list).
• Recommended offer: $141k (21.1% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 2.4% in Chickamauga — 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 68/100 on livability (#133 in GA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Walker County (rural): math 25% / reading 29% proficiency, ranked #114 of 174 in GA (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 162 active listings in the ZIP; 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($168k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 10y ago; this cycle's ask has dropped $15k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $136k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,185 (21.1% 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 79 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.79% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.29%
• DSCR: 0.99
• GRM: 10.6

CMA / ARV

• ARV (median comp): $192,524
• List price: $179,000
• Delta: -7.02%
• Verdict: FAIR
• Comps: 2 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -16.8%
• Equity multiple: 0.41×
• Total profit: $-29,815
• Equity at exit: $26,689

10-year hold

• IRR: -8.7%
• Equity multiple: 0.46×
• Total profit: $-27,132
• Equity at exit: $15,477

Cash invested: $50,120 (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 30707

• Home prices YoY: -18.9%
• Active inventory: 162
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,412 medium
• Mortgage (P&I): −$939
• Tax from tax record: −$114 /mo · $1,369/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $-12

Break-even live

Break-even rent $1,427

Max offer price $176,884

Occupancy floor 96%

Sensitivity live

Price	-10% $89	-5% $39	+0% $-12	+5% $-63	+10% $-113
Rent	-10% $-124	-5% $-68	+0% $-12	+5% $44	+10% $100
Rate	-1.0pp $78	-0.5pp $34	base $-12	+0.5pp $-58	+1.0pp $-106

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Listing history 40 events

1. 2026-06-21
   days on market $179,000 Active 79 DOM
2. 2026-06-18
   days on market $179,000 Active 76 DOM
3. 2026-06-17
   days on market $179,000 Active 75 DOM
4. 2026-06-16
   days on market $179,000 Active 74 DOM
5. 2026-06-15
   days on market $179,000 Active 73 DOM
6. 2026-06-14
   days on market $179,000 Active 71 DOM
7. 2026-06-13
   days on market $179,000 Active 70 DOM
8. 2026-06-10
   days on market $179,000 Active 68 DOM
9. 2026-06-09
   days on market $179,000 Active 67 DOM
10. 2026-06-09
    price $179,000 Active 66 DOM
11. 2026-06-08
    days on market $183,000 Active 66 DOM
12. 2026-06-07
    days on market $183,000 Active 65 DOM
13. 2026-06-05
    days on market $183,000 Active 62 DOM
14. 2026-06-03
    days on market $183,000 Active 61 DOM
15. 2026-06-02
    days on market $183,000 Active 60 DOM
16. 2026-06-01
    days on market $183,000 Active 59 DOM
17. 2026-05-31
    days on market $183,000 Active 58 DOM
18. 2026-05-30
    days on market $183,000 Active 57 DOM
19. 2026-04-14
    price $183,000 1223-char remark

    Show marketing remark (1241 chars)

    Welcome home to this solid 3-bedroom, 1-bath gem tucked near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! • 3 bedrooms • 1 bath • New roof, new windows, newer HVAC • Minutes to Lafayette & I-59 • 45 min to Chattanooga

20. 2026-04-14
    price $183,000 1241-char remark

    Show marketing remark (1241 chars)

    Welcome home to this solid 3-bedroom, 1-bath gem tucked near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! • 3 bedrooms • 1 bath • New roof, new windows, newer HVAC • Minutes to Lafayette & I-59 • 45 min to Chattanooga

21. 2026-04-03
    listed $194,000 Active 1241-char remark

    Show marketing remark (1241 chars)

    Welcome home to this solid 3-bedroom, 1-bath gem tucked near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! • 3 bedrooms • 1 bath • New roof, new windows, newer HVAC • Minutes to Lafayette & I-59 • 45 min to Chattanooga

22. 2026-04-03
    listed $194,000 New 1223-char remark

    Show marketing remark (1241 chars)

    Welcome home to this solid 3-bedroom, 1-bath gem tucked near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! • 3 bedrooms • 1 bath • New roof, new windows, newer HVAC • Minutes to Lafayette & I-59 • 45 min to Chattanooga

23. 2026-04-03
    historical $194,000 1241-char remark

    Show marketing remark (1241 chars)

    Welcome home to this solid 3-bedroom, 1-bath gem tucked near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! • 3 bedrooms • 1 bath • New roof, new windows, newer HVAC • Minutes to Lafayette & I-59 • 45 min to Chattanooga

24. 2026-04-02
    historical $194,000 1223-char remark

    Show marketing remark (1223 chars)

    Welcome home to this solid 3-bedroom, 1-bath near the foot of Lookout Mountain - the perfect blend of small-town convenience and mountain beauty! Just minutes from Lafayette, GA and only 45 minutes to downtown Chattanooga, you're also super close to Cloudland Canyon State Park, I-59, and all the outdoor adventures North Georgia has to offer. Inside you'll find a functional layout with a kitchen that's already upgraded with sleek Samsung stainless-steel refrigerator. The home has been well-cared-for with major updates including a brand-new roof, new windows, and a newer HVAC system - so you can move in with confidence and skip the big-ticket repairs. The original hardwood floors just need a little TLC (a quick refinishing and they'll shine again!). Out back is a fully fenced yard perfect for pets, kids, or relaxing with morning coffee while enjoying the mountain views. Whether you're a first-time buyer, looking for an investment, or want easy access to Chattanooga while living in a peaceful setting, this home checks all the boxes. Come see the potential for yourself! * 3 bedrooms * 1 bath * New roof, new windows, newer HVAC * Fenced backyard * Minutes to Lafayette & I-59 * 45 min to Chattanooga

25. 2021-07-29
    historical
26. 2021-07-22
    soldstatus $136,400
27. 2021-07-19
    soldstatus $135,000 Closed
28. 2021-06-14
    historical Contingent
29. 2021-06-07
    price $132,900
30. 2021-05-27
    price $135,000
31. 2021-05-27
    status Active
32. 2021-04-28
    historical Contingent
33. 2021-04-26
    status Active
34. 2021-04-14
    historical Contingent
35. 2021-04-08
    listed $132,900 Active
36. 2017-03-22
    soldstatus $77,600
37. 2017-03-16
    soldstatus $77,600
38. 2016-04-28
    soldstatus $35,000
39. 2016-01-29
    listed $40,500
40. 2008-09-17
    soldstatus $72,800

ⓘ 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: $1,369 · $114/mo
• Projected year-2 tax: $1,647 · $137/mo
• Expected delta: +$278/yr (+$23/mo · 20.3%)

ⓘ 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 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 14% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,942
• − Mortgage interest: −$10,027
• − Property taxes: −$1,369
• − Insurance: −$895
• − Repairs & maintenance: −$1,355
• − Management: −$1,355
• − Depreciation: −$5,207
• Taxable loss: −$3,266
• Est. tax savings @ 24.0%: +$784
• After-tax cash flow: $640/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: Walker County
• NCES district ID: 1305370
• Math proficiency: 25% ▼ -10.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $39,889
• Composite: 22.74/100
• National rank: #8035
• State rank: #114 of 174 in GA

Livability — Chickamauga

• Score: 68/100
• State rank: #133
• US rank: #9195

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 16,847

Population outlook (Walker County) Hauer SSP2

• Today (2025): 66,050 people
• By 2030: 64,305 · -2.6%
• By 2040: 60,127 · -9.0%
• By 2050: 55,551 · -15.9%
• By 2075: 44,886 · -32.0%
• By 2100: 34,015 · -48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Black 3% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+59.3) · D 20.1% · R 79.4%
• 2008→2024 swing: -12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
• All cycles: 2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.05%
• Current HPI: 270.6502
• 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

+151.4% since first listed

22 events — show timeline

• 2026-04-14 Price Changed $183,000 GAMLS
• 2026-04-14 Price Changed $183,000 GCAR
• 2026-04-03 Listed $194,000 GCAR
• 2026-04-03 Listed $194,000 GAMLS
• 2026-04-03 Coming Soon $194,000 GCAR
• 2026-04-02 Coming Soon $194,000 GAMLS
• 2021-07-29 Delisted — GCAR
• 2021-07-22 Sold (Public Records) $136,400 Public Records
• 2021-07-19 Sold (MLS) $135,000 GCAR
• 2021-06-14 Contingent — GCAR
• 2021-06-07 Price Changed $132,900 GCAR
• 2021-05-27 Price Changed $135,000 GCAR
• 2021-05-27 Relisted — GCAR
• 2021-04-28 Contingent — GCAR
• 2021-04-26 Relisted — GCAR
• 2021-04-14 Contingent — GCAR
• 2021-04-08 Listed $132,900 GCAR
• 2017-03-22 Sold (Public Records) $77,600 Public Records
• 2017-03-16 Sold (MLS) $77,600 GCAR
• 2016-04-28 Sold (MLS) $35,000 CCARMLS
• 2016-01-29 Listed $40,500 CCARMLS
• 2008-09-17 Sold (Public Records) $72,800 Public Records

Property tax history

+8.7%/yr

Latest (2025): $1,369 · -6.0% YoY. Source: county tax records.