Ashley A Plan · Athens-Clarke County unified government (balance), GA 30606

$224,141

3 bd · 2.0 ba · 1,525 sqft · SingleFamily · 802 Days on market

Good condition ↓ 6% since listing

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Why this score? — see what drove the F 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 +7.5/15.0
• Cash flow +4.5/30.0
• Condition / age +4.0/5.0
• Rent growth +2.9/5.0
• Livability +2.5/5.0
• Schools +2.0/10.0
• 1% rule +0.5/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Ashley A, an inviting three-bedroom floor plan where convenience meets style! Step onto the rocking-chair-ready front porch, perfect for sipping your morning coffee or watching the sunset. Inside, you'll find an open living space that separates the master suite from the other bedrooms. Each bedroom includes a walk-in closet for all your essentials, and just past the kitchen, you'll find a utility room and pantry. This beloved home is the perfect place for making memories that last a lifetime.

Key facts

• Covered porch
• Master suite
• Listed 801 days

Tags

• COVERED PORCH
• MASTER SUITE

🏗️ New construction. The $224,141 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $343,298.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $224k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-889 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $215k (4.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (16.2% below list).
• Recommended offer: $188k (16.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade F — affects rentability + tenant quality, not the cash-flow math above.
• Clarke County (urban): math 17% / reading 21% proficiency, ranked #146 of 174 in GA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Cleveland Road Elementary School (math 12% / reading 27%, grade F, #878 of 1,228 statewide, top 75%, 284 students, 83% FRL); Burney-Harris-Lyons Middle School (math 19% / reading 23%, grade F, #342 of 470 statewide, top 73%, 728 students, 83% FRL); Clarke Central High School (math 15% / reading 24%, grade F, #238 of 424 statewide, top 57%, 1,836 students, 83% FRL).
• Market conditions: Rents rising (+1.6%/yr); 528 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,172 units permitted in Clarke County in 2024 (876 in 5+ unit buildings).
• This rent runs 36% of the median local income ($63k/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 $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Clarke County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 802 days — a 12% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $19k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $187,828 (16.2% 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 802 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.55% ✗
• Cap rate: 3.19%
• Cash-on-cash: -11.09%
• DSCR: 0.51
• GRM: 15.2

CMA / ARV

• ARV (median comp): $343,298
• List price: $224,141
• Delta: -34.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
157 Covington Pl	0.62mi	3/2.0	1,500 (-2%)	4mo	$395,000	$263	65
396 Park West Blvd	0.50mi	3/2.0	1,420 (-7%)	5mo	$345,000	$243	61
250 Jennings Ct	0.42mi	3/2.5	1,659 (+9%)	5mo	$349,000	$210	59
160 Cambridge Dr	0.55mi	3/2.0	1,594 (+4%)	9mo	$355,000	$223	59
105 Cambridge Dr	0.56mi	3/2.5	1,632 (+7%)	5mo	$368,500	$226	56
349 Park West Blvd	0.44mi	3/2.0	1,420 (-7%)	15mo	$331,500	$233	56
425 Classic Rd	0.52mi	3/2.0	1,420 (-7%)	11mo	$339,900	$239	55
357 Park West Blvd	0.45mi	3/2.0	1,420 (-7%)	21mo	$354,900	$250	50
540 Park West Blvd	0.66mi	3/2.0	1,420 (-7%)	20mo	$350,000	$246	41
170 Huntington Ct	0.75mi	3/1.5	1,350 (-12%)	6mo	$190,000	$141	39
140 Bedford Dr	0.55mi	3/2.5	1,737 (+14%)	12mo	$348,000	$200	39
440 Classic Rd	0.55mi	3/2.5	1,728 (+13%)	18mo	$325,000	$188	35

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 · 1.58% rent growth · sell at horizon

5-year hold

• IRR: -38.0%
• Equity multiple: -0.19×
• Total profit: $-114,843
• Equity at exit: $51,187

10-year hold

• IRR: -67.1%
• Equity multiple: -0.91×
• Total profit: $-183,318
• Equity at exit: $29,682

Cash invested: $96,123 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 7 active · 12 under contract
• Months of supply: 3.5 mo (29%/mo absorbed)
• Median asking: $251,806 ($151/sqft)
• Median days on market: 768 d
• This list price: 29% of active listings are priced below it
• ARV vs active asking: +49.0% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 30606

• Rents YoY: 1.6%
• Active inventory: 528
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,878 high
• Mortgage (P&I): −$1,800
• Tax est. 1.5%: −$429 /mo · $5,149/yr
• Insurance: −$143
• HOA: −$0
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $-889

Break-even live

Break-even rent $3,003

Max offer price $214,714

Occupancy floor —

Sensitivity live

Price	-10% $-651	-5% $-770	+0% $-889	+5% $-1,007	+10% $-1,126
Rent	-10% $-1,037	-5% $-963	+0% $-889	+5% $-814	+10% $-740
Rate	-1.0pp $-716	-0.5pp $-801	base $-889	+0.5pp $-978	+1.0pp $-1,068

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: $85,824
• Closing costs: $10,299
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
240 Cleveland Rd #440 Bogart, GA	2.0	2.5	1152	$1,500	$1.30	51d	1	0.23mi
250 Cleveland Rd Bogart, GA	2.0	2.0–2.5	1342	$1,400	$1.04	162d	2	0.26mi
165 Mill Center Blvd Athens, GA	3.0	2.5–3.5	1677	$2,242	$1.34	0d	7	0.28mi
135 Logmont Trce Athens, GA	2.0	2.5	1332	$1,500	$1.13	10d	1	0.31mi
135 Logmont Trce Athens, GA	2.0	2.5	1332	$1,500	$1.13	51d	1	0.31mi
332 Park West Blvd Unit NA Bogart, GA	3.0	2.0	1500	$2,100	$1.40	162d	1	0.44mi
332 Park West Blvd General, GA	3.0	2.0	1500	$2,200	$1.47	184d	1	0.44mi
212 Westpark Dr Unit 212 Athens, GA	3.0	2.5	1800	$2,350	$1.31	51d	1	0.79mi
637 Huntington Rd Athens, GA	2.0	2.0–2.5	1168	$1,400	$1.20	5d	2	0.80mi
127 Red Maple DR Athens, GA	3.0	2.5	1672	$1,950	$1.17	10d	1	0.82mi
127 Red Maple DR Athens, GA	3.0	2.5	1672	$1,950	$1.17	51d	1	0.82mi
225 Jennings Mill Pkwy Athens, GA	1.0–3.0	1.0–2.0	1191	$2,069	$1.74	0d	34	0.86mi
150 Westpark Dr Athens, GA	1.0–2.0	1.0–2.0	952	$1,775	$1.86	0d	20	0.92mi
482 Huntington Rd Athens, GA	2.0	2.5	1475	$1,550	$1.05	51d	1	0.95mi
125 Jennings Mill Pkwy Athens, GA	1.0–3.0	1.0–2.0	1128	$1,860	$1.65	0d	17	1.06mi
125 Slick Rock Ct Athens, GA	3.0	2.5	1714	$2,400	$1.40	2d	1	1.09mi
1364 Orchard Cir Watkinsville, GA	2.0	2.0	1650	$1,975	$1.20	10d	1	1.16mi
371 Morning Dr Athens, GA	3.0	2.5	1848	$1,900	$1.03	10d	1	1.36mi
2035 Timothy Rd Athens, GA	1.0–3.0	1.0–2.0	1031	$1,936	$1.88	0d	14	1.41mi

Listing history 50 events

1. 2026-11-08
   days on market $224,141 Active 802 DOM
2. 2026-11-07
   days on market $224,141 Active 801 DOM
3. 2026-11-06
   days on market $224,141 Active 800 DOM
4. 2026-11-05
   days on market $224,141 Active 799 DOM
5. 2026-11-04
   days on market $224,141 Active 798 DOM
6. 2026-11-02
   days on market $224,141 Active 796 DOM
7. 2026-11-01
   days on market $224,141 Active 795 DOM
8. 2026-10-31
   days on market $224,141 Active 794 DOM
9. 2026-10-30
   days on market $224,141 Active 793 DOM
10. 2026-10-29
    days on market $224,141 Active 792 DOM
11. 2026-10-28
    days on market $224,141 Active 791 DOM
12. 2026-10-27
    days on market $224,141 Active 790 DOM
13. 2026-10-26
    days on market $224,141 Active 789 DOM
14. 2026-10-25
    days on market $224,141 Active 788 DOM
15. 2026-10-24
    days on market $224,141 Active 787 DOM
16. 2026-10-23
    days on market $224,141 Active 786 DOM
17. 2026-10-22
    days on market $224,141 Active 785 DOM
18. 2026-10-21
    days on market $224,141 Active 784 DOM
19. 2026-10-20
    days on market $224,141 Active 783 DOM
20. 2026-10-19
    days on market $224,141 Active 782 DOM
21. 2026-10-18
    days on market $224,141 Active 781 DOM
22. 2026-10-17
    days on market $224,141 Active 780 DOM
23. 2026-10-16
    days on market $224,141 Active 779 DOM
24. 2026-10-15
    days on market $224,141 Active 778 DOM
25. 2026-10-14
    days on market $224,141 Active 777 DOM
26. 2026-10-13
    days on market $224,141 Active 776 DOM
27. 2026-10-12
    pricedays on market $224,141 Active 775 DOM
28. 2026-10-11
    days on market $232,198 Active 774 DOM
29. 2026-10-10
    days on market $232,198 Active 773 DOM
30. 2026-10-09
    days on market $232,198 Active 772 DOM
31. 2026-10-08
    days on market $232,198 Active 771 DOM
32. 2026-10-07
    days on market $232,198 Active 770 DOM
33. 2026-10-06
    days on market $232,198 Active 769 DOM
34. 2026-10-05
    days on market $232,198 Active 768 DOM
35. 2026-10-04
    days on market $232,198 Active 767 DOM
36. 2026-10-04
    days on market $232,198 Active 766 DOM
37. 2026-10-02
    days on market $232,198 Active 765 DOM
38. 2026-10-01
    days on market $232,198 Active 764 DOM
39. 2026-09-30
    days on market $232,198 Active 763 DOM
40. 2026-09-29
    days on market $232,198 Active 762 DOM
41. 2026-09-28
    days on market $232,198 Active 761 DOM
42. 2026-09-27
    days on market $232,198 Active 760 DOM
43. 2026-09-26
    days on market $232,198 Active 759 DOM
44. 2026-09-25
    days on market $232,198 Active 758 DOM
45. 2026-09-24
    days on market $232,198 Active 757 DOM
46. 2026-09-24
    days on market $232,198 Active 756 DOM
47. 2026-09-22
    days on market $232,198 Active 755 DOM
48. 2026-09-21
    days on market $232,198 Active 754 DOM
49. 2026-09-20
    days on market $232,198 Active 753 DOM
50. 2026-09-18
    days on market $232,198 Active 751 DOM

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

Taxation est. · year 1

• Rental income: $22,539
• − Mortgage interest: −$19,230
• − Property taxes: −$5,149
• − Insurance: −$1,716
• − Repairs & maintenance: −$1,803
• − Management: −$1,803
• − Depreciation: −$9,987
• Taxable loss: −$17,150
• Est. tax savings @ 24.0%: +$4,116
• After-tax cash flow: $-6,547/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 · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $7,625–$22,875 screening

This home is in good condition with modern updates and a good curb appeal. It has a good foundation and structure, and the interior is well-maintained. The property has a good roof and siding, and the kitchen and bathrooms are modern. The home is move-in ready and has a good resale and rental value.

Value-add opportunities

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value ↑
• Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value ↑
• Both Add a small garden or flower bed near the front door — A small garden can enhance curb appeal and property value ↑
• Both Install a smart thermostat — A smart thermostat can improve energy efficiency and reduce utility costs ↑
• Both Add a security system — A security system can increase safety and property value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 20/100

Zoned Schools

Elementary Cleveland Road Elementary School F GA #878/1,228 Nat'l #33,738/41,679 Middle Burney-Harris-Lyons Middle School F GA #342/470 Nat'l #11,464/14,009 High Clarke Central High School F GA #238/424 Nat'l #14,291/17,239

Schools (NCES district)

• District: Clarke County
• NCES district ID: 1301170
• Math proficiency: 17% ▼ -15.00%
• Reading proficiency: 21% ▼ -12.00%
• Median HH income: $33,649
• Composite: 15.51/100
• National rank: #9302
• State rank: #146 of 174 in GA

Livability — Athens-Clarke County unified government (balance)

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Athens-Clarke County unified government (balance), GA
• County: Clarke County · 141,365 people
• City population: 119,110
• Metro: Athens-Clarke County, GA
• Population (ZIP): 47,865
• Household income: $63,328
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 14% of renters

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Population outlook (Clarke County) Hauer SSP2

• Today (2025): 141,365 people
• By 2030: 151,724 · +7.3%
• By 2040: 168,541 · +19.2%
• By 2050: 184,855 · +30.8%
• By 2075: 221,736 · +56.9%
• By 2100: 253,853 · +79.6%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 61% Black 20% Hispanic / Latino 11% Two or more races 7% Asian 5%
• Hispanic origin (detail): Mexican 7%
• Languages at home: 87% English-only · Spanish 7% Other Asian/Pacific 2% Chinese 1%

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Political lean MEDSL · Clarke

• 2024 margin: Solid D (+38.3) · D 68.6% · R 30.4% · Other 1.0%
• 2008→2024 swing: +7.0pp toward D · 2008: 31.3pp · 2024: 38.3pp
• All cycles: 2024: D+38.3 2020: D+42.1 2016: D+38.0 2012: D+28.9 2008: D+31.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -454.63%
• Current HPI: 258.4817
• Rent YoY: ▲ 1.58%
• Metro: Athens-Clarke County, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

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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

-5.9% since first listed

5 events — show timeline

• 2025-09-03 Price Changed $228,947 Zillow
• 2024-10-05 Relisted — Zillow
• 2024-10-02 Delisted — Zillow
• 2024-09-04 Price Changed $231,573 Zillow
• 2024-08-26 Listed $243,428 Zillow