35 Jordan Loop · Toccoa, GA 30577

$179,000

3 bd · 2.0 ba · 1,680 sqft · Other · 74 Days on market

Built 1998 0.70 ac lot $107/sqft · 21% below area Est $226k · 21% 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).

• ARV discount +15.0/15.0
• Cash flow +13.4/30.0
• Appreciation +8.1/10.0
• DSCR +4.0/10.0
• 1% rule +3.8/10.0
• Livability +3.4/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Conveniently located in the heart of Toccoa, GA, 3-bedroom, 2-bath mobile home offers comfortable living with an open floor plan and great functionality. The spacious living room features a cozy fireplace, perfect for relaxing or entertaining. The kitchen includes a breakfast area, breakfast bar, and pantry, providing plenty of space for everyday living. The owner's suite offers a walk-in closet and a private bath complete with a garden tub and separate shower. Enjoy outdoor space with a fenced backyard, ideal for pets or gatherings. A 2-car metal garage/workshop adds excellent storage and workspace options. Located just minutes from town, shopping, and schools, this property combines convenience with value. Cash buyer, Contact 21st Mortgage for financing 800-955-0021.Does not have permanent foundation. Title needs to be retired at closing. Ineligible for FHA , USDA and VA Loan.

Key facts

• Open floor plan
• Walk-in closet
• Private bath

Tags

• OPEN FLOOR PLAN
• COZY FIREPLACE
• BREAKFAST AREA
• BREAKFAST BAR
• WALK-IN CLOSET
• PRIVATE BATH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $179k.

Deal economics

• At list price, monthly cash flow is $4 ($45/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 $157k (12.3% below list).
• Recommended offer: $157k (12.3% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.4% in Toccoa — 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 (#131 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Stephens County (rural): math 34% / reading 34% proficiency, ranked #74 of 174 in GA (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Liberty Elementary School (567 students, 75% FRL); Stephens County Middle School (math 29% / reading 31%, grade F, #243 of 470 statewide, top 53%, 860 students, 75% FRL); Stephens County High School (math 18% / reading 34%, grade F, #175 of 424 statewide, top 42%, 1,142 students, 46% FRL).
• Market conditions: 228 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 52 units permitted in Stephens County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $12k of equity ($1k loan paydown + $11k appreciation (6.2% local appreciation)).
• Stephens County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (6.2% appreciation + 3.0% rent growth), your $50k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($168k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $157,059 (12.3% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 12% 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 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?
5. 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.
6. 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.
7. 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: 0.88% ✗
• Cap rate: 6.32%
• Cash-on-cash: 0.09%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

• ARV (median comp): $226,131
• List price: $179,000
• Delta: -20.84%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

6.25% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.0%
• Equity multiple: 2.09×
• Total profit: $54,656
• Equity at exit: $115,413

10-year hold

• IRR: 16.0%
• Equity multiple: 4.19×
• Total profit: $159,947
• Equity at exit: $211,832

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 30577

• Home prices YoY: 2.0%
• Active inventory: 228
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,571 medium
• Mortgage (P&I): −$939
• Tax est. 1.5%: −$224 /mo · $2,685/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$330
• Net cashflow: $4

Break-even live

Break-even rent $1,566

Max offer price $179,000

Occupancy floor 95%

Sensitivity live

Price	-10% $127	-5% $66	+0% $4	+5% $-58	+10% $-120
Rent	-10% $-120	-5% $-58	+0% $4	+5% $66	+10% $128
Rate	-1.0pp $94	-0.5pp $49	base $4	+0.5pp $-43	+1.0pp $-90

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: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2636 Toccoa Byp Toccoa, GA	1.0–3.0	1.0–3.0	971	$1,755	$1.81	5d	17	0.81mi

Listing history 18 events

1. 2026-06-21
   days on market $179,000 Active 74 DOM
2. 2026-06-19
   days on market $179,000 Active 72 DOM
3. 2026-06-18
   days on market $179,000 Active 71 DOM
4. 2026-06-17
   days on market $179,000 Active 70 DOM
5. 2026-06-16
   days on market $179,000 Active 69 DOM
6. 2026-06-15
   days on market $179,000 Active 68 DOM
7. 2026-06-14
   days on market $179,000 Active 66 DOM
8. 2026-06-12
   days on market $179,000 Active 65 DOM
9. 2026-06-09
   days on market $179,000 Active 62 DOM
10. 2026-06-08
    days on market $179,000 Active 61 DOM
11. 2026-06-07
    days on market $179,000 Active 60 DOM
12. 2026-06-07
    days on market $179,000 Active 59 DOM
13. 2026-06-03
    days on market $179,000 Active 56 DOM
14. 2026-06-02
    days on market $179,000 Active 55 DOM
15. 2026-06-01
    days on market $179,000 Active 54 DOM
16. 2026-05-31
    days on market $179,000 Active 53 DOM
17. 2026-05-31
    days on market $179,000 Active 52 DOM
18. 2026-04-07
    listed $179,000 New 897-char remark

    Show marketing remark (897 chars)

    Conveniently located in the heart of Toccoa, GA, 3-bedroom, 2-bath mobile home offers comfortable living with an open floor plan and great functionality. The spacious living room features a cozy fireplace, perfect for relaxing or entertaining. The kitchen includes a breakfast area, breakfast bar, and pantry, providing plenty of space for everyday living. The owner's suite offers a walk-in closet and a private bath complete with a garden tub and separate shower. Enjoy outdoor space with a fenced backyard, ideal for pets or gatherings. A 2-car metal garage/workshop adds excellent storage and workspace options. Located just minutes from town, shopping, and schools, this property combines convenience with value. Cash buyer, Contact 21st Mortgage for financing 800-955-0021.Does not have permanent foundation. Title needs to be retired at closing. Ineligible for FHA , USDA and VA Loan.

ⓘ 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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,847
• − Mortgage interest: −$10,027
• − Property taxes: −$2,685
• − Insurance: −$895
• − Repairs & maintenance: −$1,508
• − Management: −$1,508
• − Depreciation: −$5,207
• Taxable loss: −$2,983
• Est. tax savings @ 24.0%: +$716
• After-tax cash flow: $761/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: Stephens County
• NCES district ID: 1304560
• Math proficiency: 34% ▼ -6.00%
• Reading proficiency: 34% ▼ -4.00%
• Median HH income: $38,416
• Composite: 28.42/100
• National rank: #6759
• State rank: #74 of 174 in GA

Livability — Toccoa

• Score: 68/100
• State rank: #131
• US rank: #9152

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Stephens County · 22,964 people
• City population: 22,964
• Metro: Toccoa, GA
• Population (ZIP): 22,964
• Household income: $53,818
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 594.0

Population outlook (Stephens County) Hauer SSP2

• Today (2025): 23,797 people
• By 2030: 22,785 · -4.3%
• By 2040: 20,653 · -13.2%
• By 2050: 18,745 · -21.2%
• By 2075: 14,780 · -37.9%
• By 2100: 11,079 · -53.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 12% Hispanic / Latino 4% Two or more races 4% Asian 1%
• Common ancestry: Serbian 2% Slovak 2% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Stephens

• 2024 margin: Solid R (+62.8) · D 18.4% · R 81.2%
• 2008→2024 swing: -15.4pp toward R · 2008: -47.4pp · 2024: -62.8pp
• All cycles: 2024: R+62.8 2020: R+58.7 2016: R+59.9 2012: R+53.7 2008: R+47.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.25%
• Current HPI: 320.5275
• Rent YoY: —
• Metro: Toccoa, GA
• 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

1 event — show timeline

• 2026-04-07 Listed $179,000 GAMLS

Property tax history

+1.4%/yr

Latest (2025): $174 · +33.8% YoY. Source: county tax records.