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1065 Nathan Jones
D Composite 40.18
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).

  • ARV discount +14.7/15.0
  • Cash flow +8.2/30.0
  • Schools +4.5/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.2/10.0
  • 1% rule +2.0/10.0
  • Appreciation +0.0/10.0

$319,900

1065 Nathan Jones · Grovetown, GA 30814
3 bd · 2.0 ba · 2,412 sqft · Other public records · 38 Days on market
Built 1976 1.10 ac lot $133/sqft · 16% below area Est $381k · 16% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Enjoy the charm of small-town living while still being just a short drive away from Harlem or Grovetown and all the conveniences they offer. As you step inside, you'll be welcomed by the warm and inviting atmosphere of this lovingly maintained home. The home's floor plan offers a spacious living area, dining space, and a beautifully appointed kitchen. The centerpiece of the living area is a beautiful stone fireplace, providing both warmth and a touch of elegance. Natural light pours in through the large windows, creating a bright and cheerful ambiance throughout. The master suite is a true sanctuary, offering a private space to unwind with a wood burning fireplace and en-suite bathroom with a huge soaking tub. The two additional bedrooms are perfect for family, guests, or as a home office. The 1-acre lot provides ample space for outdoor activities and gardening. Enjoy the tranquility of the surrounding natural beauty as you relax on the covered front porch, or your brick paved outdoor patio. The 2-car garage and attached carport offer plenty of parking space, ensuring your vehicles are protected from the elements. For those who enjoy hobbies or need extra storage, there's an outbuilding on the property. This versatile space can be used for a workshop or as additional storage for your outdoor equipment and tools. Don't miss this incredible opportunity to make this charming Southern home your own. Schedule your showing today and experience the timeless beauty and warmth of this lovely property.

Key facts

  • Expansive lot
  • Approximately 1 acre
  • Oversized kitchen

Tags

APPROXIMATELY 1 ACREOVERSIZED KITCHENEXPANSIVE LOTEASY ACCESS TO FORT GORDONQUIET SURROUNDINGS

Property features AI

Finance

  • HOA & community: No HOA

Exterior

  • Parking: Garage
  • Utilities: Public water; Public sewer; Electricity available; High-speed internet available; Cable available; Phone available; Sewer connected; Water available
  • Home design: Single-family residence; One-story house; Resale property
  • Construction: Brick construction; Composition roof; Built in 1976
  • Exterior features: Greenbelt; Level lot; Stable(s)

Interior

  • Kitchen: Dishwasher; Microwave; Refrigerator; Ice maker; Stainless steel appliances; Electric water heater
  • Bedrooms: 3 bedrooms on the main level
  • Flooring: Carpet; Hardwood; Tile
  • Bathrooms: 2 full bathrooms (main level)
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Bookcases; Double vanity; Separate shower; Soaking tub; Three fireplaces (family room and other)
  • Laundry & utility: Laundry closet

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath other listed at $320k.

Deal economics

  • At list price, monthly cash flow is $-303 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $266k (16.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $224k (30.1% below list).
  • Recommended offer: $224k (30.1% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 73/100 on livability (#57 in GA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
  • Columbia County (suburban): math 49% / reading 52% proficiency, ranked #13 of 174 in GA (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: North Harlem Elementary School (math 41% / reading 40%, grade F, #419 of 1,228 statewide, top 35%, 862 students, 48% FRL); Harlem Middle School (math 36% / reading 42%, grade F, #155 of 470 statewide, top 33%, 981 students, 39% FRL); Harlem High School (math 8% / reading 22%, grade F, #297 of 424 statewide, top 74%, 1,223 students, 33% FRL).
  • Zoned-school proficiency averages 31% at this address vs 50% district-wide (-19 pts) — the specific schools serving this property underperform the Columbia County average; the district grade overstates school quality for this exact location.
  • Market conditions: 146 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,213 units permitted in Columbia County in 2024 (0 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 $10k of value loss. Plan a longer hold.
  • Columbia County population projected at +62% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y ago 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.
  • Current owner paid $260k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 57% 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 $223,700 (30.1% 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 38 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
  3. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
0.70%
Cap rate
5.16%
Cash-on-cash
-4.06%
DSCR
0.82
GRM
11.9

CMA / ARV

ARV (median comp)
$380,566
List price
$319,900
Delta
-15.94%
Verdict
UNDERPRICED
Comps
5 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-23.2%
Equity multiple
0.21×
Total profit
$-71,179
Equity at exit
$47,698
10-year hold
IRR
-17.8%
Equity multiple
0.03×
Total profit
$-87,033
Equity at exit
$27,659

Cash invested: $89,572 (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.

ZIP-level market 30814

Home prices YoY
-3.7%
Active inventory
146
Price-to-rent
11.9×

Monthly cashflow live

Estimated rent
$2,237 medium interval (Pro) →
Mortgage (P&I)
$1,678
Tax from tax record
$259 /mo · $3,110/yr
Insurance
$133
HOA
$0
Vacancy / Maint / Mgmt
$470
Net cashflow
$-303

Break-even live

Break-even rent $2,620
Max offer price $266,400
Occupancy floor

Sensitivity live

Price -10% $-122 -5% $-212 +0% $-303 +5% $-393 +10% $-484
Rent -10% $-480 -5% $-391 +0% $-303 +5% $-214 +10% $-126
Rate -1.0pp $-142 -0.5pp $-221 base $-303 +0.5pp $-386 +1.0pp $-470

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
$79,975
Closing costs
$9,597
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
156 Swinton Pond Rd Grovetown, GA 4.0 2.5 2294 $2,300 $1.00 44d 1 1.26mi
495 Lory Ln Grovetown, GA 4.0 2.5 2690 $2,200 $0.82 44d 1 1.41mi
479 Sebastian Dr Grovetown, GA 4.0 2.5 2517 $2,200 $0.87 44d 1 1.48mi

Listing history 20 events

  1. 2026-06-18
    days on market $319,900 Active 38 DOM
  2. 2026-06-17
    days on market $319,900 Active 37 DOM
  3. 2026-06-16
    days on market $319,900 Active 36 DOM
  4. 2026-06-15
    days on market $319,900 Active 35 DOM
  5. 2026-06-14
    days on market $319,900 Active 33 DOM
  6. 2026-06-13
    days on market $319,900 Active 32 DOM
  7. 2026-06-10
    days on market $319,900 Active 30 DOM
  8. 2026-06-09
    days on market $319,900 Active 29 DOM
  9. 2026-06-08
    days on market $319,900 Active 28 DOM
  10. 2026-06-07
    days on market $319,900 Active 27 DOM
  11. 2026-06-03
    days on market $319,900 Active 23 DOM
  12. 2026-06-02
    days on market $319,900 Active 22 DOM
  13. 2026-06-01
    days on market $319,900 Active 21 DOM
  14. 2026-05-31
    days on market $319,900 Active 20 DOM
  15. 2026-05-30
    days on market $319,900 Active 19 DOM
  16. 2026-05-11
    listed $319,900 New 1035-char remark
  17. 2024-06-28
    soldstatus $260,000 1517-char remark
    Show marketing remark (1517 chars)

    Enjoy the charm of small-town living while still being just a short drive away from Harlem or Grovetown and all the conveniences they offer. As you step inside, you'll be welcomed by the warm and inviting atmosphere of this lovingly maintained home. The home's floor plan offers a spacious living area, dining space, and a beautifully appointed kitchen. The centerpiece of the living area is a beautiful stone fireplace, providing both warmth and a touch of elegance. Natural light pours in through the large windows, creating a bright and cheerful ambiance throughout. The master suite is a true sanctuary, offering a private space to unwind with a wood burning fireplace and en-suite bathroom with a huge soaking tub. The two additional bedrooms are perfect for family, guests, or as a home office. The 1-acre lot provides ample space for outdoor activities and gardening. Enjoy the tranquility of the surrounding natural beauty as you relax on the covered front porch, or your brick paved outdoor patio. The 2-car garage and attached carport offer plenty of parking space, ensuring your vehicles are protected from the elements. For those who enjoy hobbies or need extra storage, there's an outbuilding on the property. This versatile space can be used for a workshop or as additional storage for your outdoor equipment and tools. Don't miss this incredible opportunity to make this charming Southern home your own. Schedule your showing today and experience the timeless beauty and warmth of this lovely property.

  18. 2024-06-28
    soldstatus $260,000
    Show marketing remark (1517 chars)

    Enjoy the charm of small-town living while still being just a short drive away from Harlem or Grovetown and all the conveniences they offer. As you step inside, you'll be welcomed by the warm and inviting atmosphere of this lovingly maintained home. The home's floor plan offers a spacious living area, dining space, and a beautifully appointed kitchen. The centerpiece of the living area is a beautiful stone fireplace, providing both warmth and a touch of elegance. Natural light pours in through the large windows, creating a bright and cheerful ambiance throughout. The master suite is a true sanctuary, offering a private space to unwind with a wood burning fireplace and en-suite bathroom with a huge soaking tub. The two additional bedrooms are perfect for family, guests, or as a home office. The 1-acre lot provides ample space for outdoor activities and gardening. Enjoy the tranquility of the surrounding natural beauty as you relax on the covered front porch, or your brick paved outdoor patio. The 2-car garage and attached carport offer plenty of parking space, ensuring your vehicles are protected from the elements. For those who enjoy hobbies or need extra storage, there's an outbuilding on the property. This versatile space can be used for a workshop or as additional storage for your outdoor equipment and tools. Don't miss this incredible opportunity to make this charming Southern home your own. Schedule your showing today and experience the timeless beauty and warmth of this lovely property.

  19. 2023-10-12
    listed $269,900 1517-char remark
    Show marketing remark (1517 chars)

    Enjoy the charm of small-town living while still being just a short drive away from Harlem or Grovetown and all the conveniences they offer. As you step inside, you'll be welcomed by the warm and inviting atmosphere of this lovingly maintained home. The home's floor plan offers a spacious living area, dining space, and a beautifully appointed kitchen. The centerpiece of the living area is a beautiful stone fireplace, providing both warmth and a touch of elegance. Natural light pours in through the large windows, creating a bright and cheerful ambiance throughout. The master suite is a true sanctuary, offering a private space to unwind with a wood burning fireplace and en-suite bathroom with a huge soaking tub. The two additional bedrooms are perfect for family, guests, or as a home office. The 1-acre lot provides ample space for outdoor activities and gardening. Enjoy the tranquility of the surrounding natural beauty as you relax on the covered front porch, or your brick paved outdoor patio. The 2-car garage and attached carport offer plenty of parking space, ensuring your vehicles are protected from the elements. For those who enjoy hobbies or need extra storage, there's an outbuilding on the property. This versatile space can be used for a workshop or as additional storage for your outdoor equipment and tools. Don't miss this incredible opportunity to make this charming Southern home your own. Schedule your showing today and experience the timeless beauty and warmth of this lovely property.

  20. 2023-10-12
    listed $269,900
    Show marketing remark (1517 chars)

    Enjoy the charm of small-town living while still being just a short drive away from Harlem or Grovetown and all the conveniences they offer. As you step inside, you'll be welcomed by the warm and inviting atmosphere of this lovingly maintained home. The home's floor plan offers a spacious living area, dining space, and a beautifully appointed kitchen. The centerpiece of the living area is a beautiful stone fireplace, providing both warmth and a touch of elegance. Natural light pours in through the large windows, creating a bright and cheerful ambiance throughout. The master suite is a true sanctuary, offering a private space to unwind with a wood burning fireplace and en-suite bathroom with a huge soaking tub. The two additional bedrooms are perfect for family, guests, or as a home office. The 1-acre lot provides ample space for outdoor activities and gardening. Enjoy the tranquility of the surrounding natural beauty as you relax on the covered front porch, or your brick paved outdoor patio. The 2-car garage and attached carport offer plenty of parking space, ensuring your vehicles are protected from the elements. For those who enjoy hobbies or need extra storage, there's an outbuilding on the property. This versatile space can be used for a workshop or as additional storage for your outdoor equipment and tools. Don't miss this incredible opportunity to make this charming Southern home your own. Schedule your showing today and experience the timeless beauty and warmth of this lovely 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
$3,110 · $259/mo
Projected year-2 tax
$3,110 · $259/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 6/10 Major 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 57% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,844
− Mortgage interest
−$17,919
− Property taxes
−$3,110
− Insurance
−$1,600
− Repairs & maintenance
−$2,148
− Management
−$2,148
− Depreciation
−$9,306
Taxable loss
−$9,387
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,253
After-tax cash flow
$-1,381/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
Columbia County
NCES district ID
1301410
Math proficiency
49% ▼ -6.00%
Reading proficiency
52% ▼ -4.00%
Median HH income
$69,358
Composite
45.04/100
National rank
#2695
State rank
#13 of 174 in GA

Livability — Grovetown

Score
73/100
State rank
#57
US rank
#5433

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
52,466
Population (ZIP)
10,767

Population outlook (Columbia County) Hauer SSP2

Today (2025)
189,073 people
By 2030
212,277 · +12.3%
By 2040
259,480 · +37.2%
By 2050
306,991 · +62.4%
By 2075
421,213 · +122.8%
By 2100
496,722 · +162.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Black 23% Two or more races 5% Hispanic / Latino 3% Asian 1%
Common ancestry
Romanian 2% Serbian 2% Scottish 2%
Foreign-born
2% · Canada, China
Languages at home
97% English-only · Spanish 2% Chinese 1%

Political lean MEDSL · Columbia

2024 margin
Strong R (+25.6) · D 36.8% · R 62.5%
2008→2024 swing
+17.0pp toward D · 2008: -42.7pp · 2024: -25.6pp
All cycles
2024: R+25.6 2020: R+25.8 2016: R+37.7 2012: R+43.0 2008: R+42.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -10.65%
Current HPI
279.1916
Rent YoY
Metro
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

+18.5% since first listed
5 events — show timeline
  • 2026-05-11 Listed $319,900 GAMLS
  • 2024-06-28 Sold (MLS) $260,000 Hive MLS
  • 2024-06-28 Sold (MLS) $260,000 Hive MLS
  • 2023-10-12 Listed $269,900 Hive MLS
  • 2023-10-12 Listed $269,900 Hive MLS

Property tax history

+7.0%/yr

Latest (2025): $3,110 · +19.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…