181 Barnyard Ln · Clayton, GA 30525

$214,900

3 bd · 2.0 ba · 1,764 sqft · SingleFamily public records · 97 Days on market

Built 1960 Fair condition 1.32 ac lot $122/sqft · 33% below area Est $323k · 33% under

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Why this score? — see what drove the B- 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 +22.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.2/10.0
• Appreciation +5.3/10.0
• 1% rule +5.0/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks MLS

Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia’s most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you’re close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

Key facts

• Private yard
• Sunroom
• Updated bathrooms

Tags

• MOUNTAIN VIEW
• PRIVATE YARD
• SUNROOM
• UPDATED KITCHEN
• UPDATED BATHROOMS
• ABUNDANT STORAGE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $366 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $215k).
• Recommended offer: $196k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 3.6% in Clayton — 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 66/100 on livability (#197 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: crime D, schools F, amenities F.
• Rabun County (rural): math 42% / reading 44% proficiency, ranked #37 of 174 in GA (top 21%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 256 active listings in the ZIP; 147 units permitted in Rabun County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($1k loan paydown + $1k appreciation (0.7% local appreciation)).
• Rabun County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (0.7% appreciation + 3.0% rent growth), your $60k cash investment doubles in ~7 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $178k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $195,559 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1960 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. 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.
9. 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.
10. 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: 1.00% ✓
• Cap rate: 8.34%
• Cash-on-cash: 7.30%
• DSCR: 1.32
• GRM: 8.3

CMA / ARV

• ARV (median comp): $322,595
• List price: $214,900
• Delta: -33.38%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Projected returns pro-forma

0.68% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.0%
• Equity multiple: 1.40×
• Total profit: $23,892
• Equity at exit: $69,779

10-year hold

• IRR: 12.3%
• Equity multiple: 2.44×
• Total profit: $86,828
• Equity at exit: $90,020

Cash invested: $60,172 (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 30525

• Home prices YoY: 0.2%
• Active inventory: 256
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,151 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$117 /mo · $1,406/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$452
• Net cashflow: $366

Break-even live

Break-even rent $1,688

Max offer price $214,900

Occupancy floor 78%

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-12
   statusdays on market $214,900 Pending 97 DOM
2. 2026-06-09
   days on market $214,900 Active 95 DOM
3. 2026-06-08
   days on market $214,900 Active 94 DOM
4. 2026-06-07
   days on market $214,900 Active 93 DOM
5. 2026-06-07
   days on market $214,900 Active 92 DOM
6. 2026-06-04
   days on market $214,900 Active 89 DOM
7. 2026-06-02
   days on market $214,900 Active 88 DOM
8. 2026-06-01
   days on market $214,900 Active 87 DOM
9. 2026-05-31
   days on market $214,900 Active 86 DOM
10. 2026-05-31
    days on market $214,900 Active 85 DOM
11. 2026-04-28
    price $214,900 1040-char remark

    Show marketing remark (1028 chars)

    Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia's most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you're close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

12. 2026-04-28
    price $214,900 1028-char remark

    Show marketing remark (1028 chars)

    Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia's most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you're close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

13. 2026-04-15
    price $234,900 1040-char remark

    Show marketing remark (1028 chars)

    Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia's most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you're close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

14. 2026-04-15
    price $234,900 1028-char remark

    Show marketing remark (1028 chars)

    Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia's most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you're close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

15. 2026-03-06
    listed $239,900 New 1028-char remark

    Show marketing remark (1040 chars)

    Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia’s most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you’re close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

16. 2026-03-06
    listed $239,900 Active 1040-char remark

    Show marketing remark (1040 chars)

    Welcome to 181 Barnyard Ln. This home sits on 1.32 acres with a mountain view and a private yard where the distant sound of a waterfall creates a peaceful, year-round soundscape. This charming, secluded mountain getaway is located in one of Northeast Georgia’s most desirable areas. The property features a three-bed, two-bath home with a wonderfully functional layout. A bright sunroom overlooks the surrounding nature, the primary bedroom includes a cozy fireplace and private porch, and the updated kitchen and bathrooms add a modern touch. The unfinished basement offers abundant storage, workshop space, or room to grow. Just minutes from Downtown Clayton, Highlands, and Lake Burton, you’re close to waterfalls, hiking trails, wineries, and Black Rock Mountain State Park. Perfect as a full-time residence, second home, or high-demand short-term rental, this mountain retreat blends seclusion, flexibility, and natural beauty. Priced to sell - Bring your personal touches and unique vision and schedule your tour today!

17. 2019-09-17
    soldstatus $177,500
18. 2018-05-03
    soldstatus $42,000

ⓘ 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: $1,406 · $117/mo
• Projected year-2 tax: $1,977 · $165/mo
• Expected delta: +$571/yr (+$48/mo · 40.6%)

ⓘ 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 3/10 Moderate 7 d/yr ≥98°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,816
• − Mortgage interest: −$12,038
• − Property taxes: −$1,406
• − Insurance: −$1,074
• − Repairs & maintenance: −$2,065
• − Management: −$2,065
• − Depreciation: −$6,252
• Taxable income: $915
• Est. tax owed @ 24.0%: −$220
• After-tax cash flow: $4,171/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This home has a fair condition with some minor repairs and maintenance needed. It has a good kitchen and bathrooms, but the exterior siding and landscaping could use some attention. Upgrades to the exterior and interior could significantly increase its value.

Repairs flagged

• Minor exterior siding — slight wear
• Minor landscaping — overgrown yard

Value-add opportunities

• Both landscaping and curb appeal — enhances curb appeal and resale value
• Both paint interior walls — improves interior appearance and resale value

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · slight wear	Minor	$500–3,000
landscaping · overgrown yard	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both landscaping and curb appeal — enhances curb appeal and resale value ↑
• Both paint interior walls — improves interior appearance and resale value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Rabun County
• NCES district ID: 1304320
• Math proficiency: 42% ▼ -17.00%
• Reading proficiency: 44% ▼ -4.00%
• Median HH income: $35,980
• Composite: 35.64/100
• National rank: #4882
• State rank: #37 of 174 in GA

Livability — Clayton

• Score: 66/100
• State rank: #197
• US rank: #12208

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 4,266
• Population (ZIP): 7,265

Population outlook (Rabun County) Hauer SSP2

• Today (2025): 16,227 people
• By 2030: 16,000 · -1.4%
• By 2040: 15,213 · -6.2%
• By 2050: 13,974 · -13.9%
• By 2075: 10,717 · -34.0%
• By 2100: 7,824 · -51.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 8% Two or more races 8%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Serbian 4% Slovak 3% Romanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 8% Other Indo-European 1%

Political lean MEDSL · Rabun

• 2024 margin: Solid R (+56.9) · D 21.3% · R 78.2%
• 2008→2024 swing: -11.0pp toward R · 2008: -45.9pp · 2024: -56.9pp
• All cycles: 2024: R+56.9 2020: R+57.4 2016: R+60.9 2012: R+56.4 2008: R+45.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.68%
• Current HPI: 310.5456
• 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

+411.7% since first listed

8 events — show timeline

• 2026-04-28 Price Changed $214,900 FMLS
• 2026-04-28 Price Changed $214,900 GAMLS
• 2026-04-15 Price Changed $234,900 FMLS
• 2026-04-15 Price Changed $234,900 GAMLS
• 2026-03-06 Listed $239,900 FMLS
• 2026-03-06 Listed $239,900 GAMLS
• 2019-09-17 Sold (MLS) $177,500 GAMLS
• 2018-05-03 Sold (MLS) $42,000 GAMLS

Property tax history

+3.7%/yr

Latest (2025): $1,406 · +1.1% YoY. Source: county tax records.