805 Woodland Dr · Lakeview, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 12.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +23.3/30.0
- ARV discount +15.0/15.0
- DSCR +7.5/10.0
- 1% rule +6.1/10.0
- Rent growth +4.4/5.0
- Livability +3.5/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$166,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
805 Woodland Drive in Rossville, GA offers a three-bedroom home with over 1,900 square feet of living space, providing a spacious and functional layout designed for comfortable everyday living. The home features well-proportioned rooms and multiple living areas that offer flexibility for a variety of lifestyle needs. Conveniently located near local schools, parks, shopping, and dining, the property also provides easy access to major roadways for commuting to Chattanooga and surrounding areas. Being sold as is, this property presents a strong opportunity for investors or anyone looking to add value or their own special touches in the Rossville market.
Key facts
- 0.3 acre lot
- Parking
- Built 1957
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $166k.
Deal economics
- At list price, monthly cash flow is $306 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $166k).
- Recommended offer: $157k (6.0% below list) — sets the bar for market timing.
- Cap rate 8.5% vs local median 4.9% in Lakeview — 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 69/100 on livability (#106 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: schools F, amenities F, commute 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: Rents rising fast (+7.4%/yr); 425 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).
- This rent runs 38% of the median local income ($59k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
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.
- At projected returns (-3.0% appreciation + 7.4% rent growth), your $47k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 79 days — a 6% lower offer ($157k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.11% ✓
- Cap rate
- 8.50%
- Cash-on-cash
- 7.88%
- DSCR
- 1.35
- GRM
- 7.5
CMA / ARV
- ARV (median comp)
- $241,058
- List price
- $166,500
- Delta
- -30.93%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 65 Nason St | 0.48mi | 3/2.0 | 2,092 (+6%) | 3mo | $230,000 | $110 | 64 |
| 216 Catoosa St | 0.40mi | 3/2.0 | 2,200 (+12%) | 3mo | $299,900 | $136 | 59 |
| 1200 S Crest Rd | 0.24mi | 4/2.0 (+1) | 2,247 (+14%) | 4mo | $465,000 | $207 | 57 |
| 161 Magnolia St | 0.47mi | 4/3.0 (+1) | 1,920 (-2%) | 13mo | $300,000 | $156 | 54 |
| 119 Alpine Dr | 0.69mi | 3/2.0 | 1,750 (-11%) | 0mo | $292,000 | $167 | 49 |
| 218 Catoosa St | 0.41mi | 3/2.5 | 2,115 (+8%) | 23mo | $402,000 | $190 | 47 |
| 309 Autumn Ave | 0.62mi | 3/2.0 | 1,700 (-14%) | 10mo | $309,000 | $182 | 41 |
| 67 N Elmwood St | 0.66mi | 3/3.0 | 1,756 (-11%) | 21mo | $294,000 | $167 | 30 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 7.44% rent growth · sell at horizon
- IRR
- 0.6%
- Equity multiple
- 1.02×
- Total profit
- $1,159
- Equity at exit
- $24,826
- IRR
- 14.3%
- Equity multiple
- 2.39×
- Total profit
- $64,950
- Equity at exit
- $14,396
Cash invested: $46,620 (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
ZIP-level market 30741
- Home prices YoY
- -30.7%
- Rents YoY
- 7.4%
- Active inventory
- 425
- Price-to-rent
- 7.5×
Monthly cashflow live
- Estimated rent
- $1,844 high interval (Pro) →
- Mortgage (P&I)
- −$873
- Tax est. 1.5%
- −$208 /mo · $2,498/yr
- Insurance
- −$69
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$387
- Net cashflow
- $306
Break-even live
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
- $41,625
- Closing costs
- $4,995
- 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 12 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 65 Nason St Rossville, GA | 3.0 | 2.0 | 1876 | $1,995 | $1.06 | 44d | 1 | 0.47mi |
| 65 Nason St Rossville, GA | 3.0 | 2.0 | 1876 | $1,895 | $1.01 | 23d | 1 | 0.47mi |
| 1812 John Ross Rd Chattanooga, TN | 3.0 | 2.0 | 1926 | $1,895 | $0.98 | 23d | 1 | 0.57mi |
| 132 Hogan Rd Rossville, GA | 3.0 | 2.0 | 1248 | $1,975 | $1.58 | 44d | 1 | 0.57mi |
| 135 Hogan Rd Rossville, GA | 3.0 | 2.5 | 1839 | $1,975 | $1.07 | 44d | 1 | 0.61mi |
| 1408 Mana Ln East Ridge, TN | 2.0–3.0 | 1.5–2.5 | 1357 | $1,659 | $1.22 | 14d | 3 | 1.19mi |
| 61 Corley Ave Rossville, GA | 3.0 | 2.0 | 1304 | $1,823 | $1.40 | 23d | 1 | 1.39mi |
| 11 Carroll Ln Rossville, GA | 4.0 | 2.5 | 1656 | $1,599 | $0.97 | 44d | 1 | 1.42mi |
| 1409 E 50th St Chattanooga, TN | 3.0 | 2.5 | 1350 | $1,599 | $1.18 | 14d | 1 | 1.42mi |
| 3201 E 36th St Chattanooga, TN | 3.0 | 1.0 | 1368 | $1,525 | $1.11 | 23d | 1 | 1.44mi |
| 3400 Betty Ln Unit 3403 East Ridge, TN | 3.0 | 2.5 | 2500 | $1,350 | $0.54 | 23d | 1 | 1.44mi |
| 10 Mary Ln Rossville, GA | 3.0 | 1.5 | 1400 | $1,700 | $1.21 | 23d | 1 | 1.46mi |
Listing history 18 events
-
2026-06-18days on market $166,500 Active 79 DOM
-
2026-06-17days on market $166,500 Active 78 DOM
-
2026-06-16days on market $166,500 Active 77 DOM
-
2026-06-15days on market $166,500 Active 76 DOM
-
2026-06-14days on market $166,500 Active 74 DOM
-
2026-06-13days on market $166,500 Active 73 DOM
-
2026-06-10days on market $166,500 Active 71 DOM
-
2026-06-09days on market $166,500 Active 70 DOM
-
2026-06-08days on market $166,500 Active 69 DOM
-
2026-06-07days on market $166,500 Active 68 DOM
-
2026-06-05days on market $166,500 Active 65 DOM
-
2026-06-03days on market $166,500 Active 64 DOM
-
2026-06-02days on market $166,500 Active 63 DOM
-
2026-06-01days on market $166,500 Active 62 DOM
-
2026-05-31days on market $166,500 Active 61 DOM
-
2026-05-30days on market $166,500 Active 60 DOM
-
2026-04-29price $175,750 658-char remark
Show marketing remark (658 chars)
805 Woodland Drive in Rossville, GA offers a three-bedroom home with over 1,900 square feet of living space, providing a spacious and functional layout designed for comfortable everyday living. The home features well-proportioned rooms and multiple living areas that offer flexibility for a variety of lifestyle needs. Conveniently located near local schools, parks, shopping, and dining, the property also provides easy access to major roadways for commuting to Chattanooga and surrounding areas. Being sold as is, this property presents a strong opportunity for investors or anyone looking to add value or their own special touches in the Rossville market.
-
2026-03-27$185,000 Active 658-char remark
Show marketing remark (658 chars)
805 Woodland Drive in Rossville, GA offers a three-bedroom home with over 1,900 square feet of living space, providing a spacious and functional layout designed for comfortable everyday living. The home features well-proportioned rooms and multiple living areas that offer flexibility for a variety of lifestyle needs. Conveniently located near local schools, parks, shopping, and dining, the property also provides easy access to major roadways for commuting to Chattanooga and surrounding areas. Being sold as is, this property presents a strong opportunity for investors or anyone looking to add value or their own special touches in the Rossville market.
ⓘ 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 3/10 Moderate
- Heat 6/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
- Wind 4/10 Moderate 12% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,130
- − Mortgage interest
- −$9,327
- − Property taxes
- −$2,498
- − Insurance
- −$832
- − Repairs & maintenance
- −$1,770
- − Management
- −$1,770
- − Depreciation
- −$4,844
- Taxable income
- $1,089
- Est. tax owed @ 24.0%
- −$261
- After-tax cash flow
- $3,413/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 — Lakeview
- Score
- 69/100
- State rank
- #106
- US rank
- #8207
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lakeview, GA
- County
- Walker County · 48,831 people
- Metro
- Chattanooga, TN-GA
- Population (ZIP)
- 30,041
- Household income
- $58,834
- Rent vs Own
- Severe rent burden
- 834.0
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 (86%)
- Race & ethnicity
- White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
- Common ancestry
- Slovak 3% Iranian 2% Italian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 3%
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
- ▼ -118.05%
- Current HPI
- 267.0047
- Rent YoY
- ▲ 7.44%
- Metro
- Chattanooga, TN-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 |
|
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| Retail | 1 | $160B |
|
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| Transportation / Logistics | 1 | $91B |
|
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| Airlines | 1 | $62B |
|
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| Consumer Goods | 1 | $47B |
|
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| Utilities | 1 | $25B |
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Price history
-5.0% since first listed2 events — show timeline
- 2026-04-29 Price Changed $175,750 GCAR
- 2026-03-27 Listed $185,000 GCAR
Property tax history
-9.6%/yrLatest (2025): $275 · +23.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…