43 Lambert St · Jasper, GA 30143

$150,000

2 bd · 1.0 ba · 576 sqft · Manufactured public records · 37 Days on market

Built 2003 1.53 ac lot $260/sqft · at area comps Est $179k · 16% under

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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 +16.9/30.0
• ARV discount +14.7/15.0
• DSCR +5.2/10.0
• 1% rule +4.6/10.0
• Livability +3.7/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Calling all homebuyers and investors! This property was recently surveyed and subdivided and is now available for individual sale. Previously offered as part of a portfolio, this two-bedroom, one-bath residence sits on over 1.5 acres just south of the city of Jasper. The home is currently tenant-occupied, so please allow a minimum of 24 hours' notice for showings. Property is being sold as-is, offering a great opportunity for investors or buyers looking for acreage with potential.

Key facts

• Recently surveyed
• Tenant occupied
• Over 1.5 acres

Tags

• RECENTLY SURVEYED
• SUBDIVIDED
• OVER 1.5 ACRES
• TENANT OCCUPIED
• SOLD AS-IS
• ACREAGE WITH POTENTIAL

Property features AI

Exterior

• Parking: Driveway parking; Open parking available
• Utilities: Public water; Septic tank sewer; Electric service: 110 volts; Electricity and water available
• Home design: Single-wide mobile home; One story; Resale condition; Pillar/post/pier foundation
• Construction: Vinyl siding; Metal roof
• Exterior features: Front porch; Gravel road frontage on a county road; No waterfront

Interior

• Kitchen: Solid surface countertops; Refrigerator included
• Bedrooms: Two main-level bedrooms; Bedroom features: Other
• Flooring: Vinyl flooring
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Wall heating unit(s); Window cooling unit(s)
• Interior features: Aluminum-framed windows; No shared/common walls; Other interior features
• Laundry & utility: Electric dryer hookup; Washer and dryer included; Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $98 ($1k/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 $144k (4.3% below list).
• Recommended offer: $144k (4.3% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 2.8% in Jasper — 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 74/100 on livability (#44 in GA, #4,976 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: amenities D-, commute F, employment F.
• Pickens County (rural): math 35% / reading 35% proficiency, ranked #59 of 174 in GA (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Harmony Elementary School (math 33% / reading 26%, grade F, #633 of 1,228 statewide, top 54%, 548 students, 53% FRL); Pickens County Junior High School (math 35% / reading 38%, grade F, #167 of 470 statewide, top 38%, 611 students, 45% FRL); Pickens County High School (math 34% / reading 28%, grade F, #127 of 424 statewide, top 30%, 1,259 students, 36% FRL) — zoned schools at 45% FRL track the district average.
• Market conditions: 723 active listings in the ZIP; 260 units permitted in Pickens County in 2024 (0 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 $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $143,577 (4.3% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.96% ✗
• Cap rate: 7.07%
• Cash-on-cash: 2.79%
• DSCR: 1.12
• GRM: 8.7

CMA / ARV

• ARV (median comp): $178,607
• List price: $150,000
• Delta: -16.02%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -11.9%
• Equity multiple: 0.57×
• Total profit: $-18,066
• Equity at exit: $22,365

10-year hold

• IRR: -2.7%
• Equity multiple: 0.82×
• Total profit: $-7,636
• Equity at exit: $12,969

Cash invested: $42,000 (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 30143

• Home prices YoY: -14.4%
• Active inventory: 723
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,436 medium
• Mortgage (P&I): −$787
• Tax est. 1.5%: −$188 /mo · $2,250/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $98

Break-even live

Break-even rent $1,312

Max offer price $150,000

Occupancy floor 88%

Sensitivity live

Price	-10% $201	-5% $149	+0% $98	+5% $46	+10% $-6
Rent	-10% $-16	-5% $41	+0% $98	+5% $154	+10% $211
Rate	-1.0pp $173	-0.5pp $136	base $98	+0.5pp $59	+1.0pp $19

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $150,000 Active 37 DOM
2. 2026-06-18
   days on market $150,000 Active 34 DOM
3. 2026-06-17
   days on market $150,000 Active 33 DOM
4. 2026-06-16
   days on market $150,000 Active 32 DOM
5. 2026-06-15
   days on market $150,000 Active 31 DOM
6. 2026-06-13
   days on market $150,000 Active 29 DOM
7. 2026-06-13
   days on market $150,000 Active 28 DOM
8. 2026-06-09
   days on market $150,000 Active 25 DOM
9. 2026-06-08
   days on market $150,000 Active 24 DOM
10. 2026-06-07
    days on market $150,000 Active 23 DOM
11. 2026-06-04
    days on market $150,000 Active 20 DOM
12. 2026-06-03
    days on market $150,000 Active 19 DOM
13. 2026-06-02
    days on market $150,000 Active 18 DOM
14. 2026-06-01
    days on market $150,000 Active 17 DOM
15. 2026-05-31
    days on market $150,000 Active 16 DOM
16. 2026-05-05
    listed $150,000 New 488-char remark

    Show marketing remark (488 chars)

    Calling all homebuyers and investors! This property was recently surveyed and subdivided and is now available for individual sale. Previously offered as part of a portfolio, this two-bedroom, one-bath residence sits on over 1.5 acres just south of the city of Jasper. The home is currently tenant-occupied, so please allow a minimum of 24 hours' notice for showings. Property is being sold as-is, offering a great opportunity for investors or buyers looking for acreage with potential.

17. 2026-05-05
    listed $150,000 Active 494-char remark

    Show marketing remark (488 chars)

    Calling all homebuyers and investors! This property was recently surveyed and subdivided and is now available for individual sale. Previously offered as part of a portfolio, this two-bedroom, one-bath residence sits on over 1.5 acres just south of the city of Jasper. The home is currently tenant-occupied, so please allow a minimum of 24 hours' notice for showings. Property is being sold as-is, offering a great opportunity for investors or buyers looking for acreage with potential.

18. 2026-04-28
    historical
19. 2026-04-28
    historical
20. 2026-03-12
    listed $125,000 New
21. 2026-03-12
    listed $125,000 Active

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,229
• − Mortgage interest: −$8,402
• − Property taxes: −$2,250
• − Insurance: −$750
• − Repairs & maintenance: −$1,378
• − Management: −$1,378
• − Depreciation: −$4,364
• Taxable loss: −$1,293
• Est. tax savings @ 24.0%: +$310
• After-tax cash flow: $1,482/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: Pickens County
• NCES district ID: 1304110
• Math proficiency: 35% ▼ -11.00%
• Reading proficiency: 35% ▼ -5.00%
• Median HH income: $53,760
• Composite: 30.72/100
• National rank: #6165
• State rank: #59 of 174 in GA

Livability — Jasper

• Score: 74/100
• State rank: #44
• US rank: #4976

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 26,738
• Population (ZIP): 26,738

Population outlook (Pickens County) Hauer SSP2

• Today (2025): 32,161 people
• By 2030: 32,815 · +2.0%
• By 2040: 33,427 · +3.9%
• By 2050: 33,077 · +2.8%
• By 2075: 31,291 · -2.7%
• By 2100: 27,205 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 5% Serbian 2% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Pickens

• 2024 margin: Solid R (+65.8) · D 16.8% · R 82.6%
• 2008→2024 swing: -7.8pp toward R · 2008: -57.9pp · 2024: -65.8pp
• All cycles: 2024: R+65.8 2020: R+65.7 2016: R+69.2 2012: R+67.6 2008: R+57.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.27%
• Current HPI: 280.6731
• 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

+20.0% since first listed

6 events — show timeline

• 2026-05-05 Listed $150,000 FMLS
• 2026-05-05 Listed $150,000 GAMLS
• 2026-04-28 Listing Removed — FMLS
• 2026-04-28 Listing Removed — GAMLS
• 2026-03-12 Listed $125,000 FMLS
• 2026-03-12 Listed $125,000 GAMLS