CashFlowRE
Sign in Sign up
1168 Cypress Way 🏗️ New Construction
D- Composite 39.63
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).

  • Cash flow +12.9/30.0
  • ARV discount +7.5/15.0
  • 1% rule +4.6/10.0
  • DSCR +4.1/10.0
  • Condition / age +4.0/5.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Schools +0.8/10.0
  • Appreciation +0.0/10.0

$374,450

1168 Cypress Way · Greensboro, GA 30642
2 bd · 2.0 ba · 1,492 sqft · SingleFamily · 5 Days on market
55+ age-restricted Built 2025 Good condition 6,969 sqft lot Garage $380/mo HOA · 10% of rent ↓ 6% since listing

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

Listing remarks MLS

Discover the Charm of the Contour Exceptional curb appeal sets the stage for this beautifully appointed Contour home, featuring an extended front porch that creates a warm and welcoming first impression. Nestled to capture picturesque, landscaped backyard views, this home offers the perfect blend of comfort, style, and functionality. Inside, you'll find a bright, open-concept layout designed for effortless everyday living and entertaining. The spacious kitchen, complete with a large center island and adjacent dining area, serves as the heart of the home, providing an inviting space for gathering with family and friends. The expansive living area flows seamlessly into a versatile flex room, ideal for a home office, craft room, fitness space, or additional lounge area to suit your lifestyle. A gathering room extension and covered porch create a seamless indoor-outdoor living experience, perfect for enjoying Georgia's beautiful weather year-round. The extended garage offers valuable extra storage space and is ideal for parking a golf cart or accommodating outdoor gear and hobbies. Located within the prestigious, gated Del Webb at Lake Oconee community, this vibrant 55+ active adult neighborhood offers an exceptional lifestyle less than two hours from Atlanta. Residents enjoy thoughtfully designed ranch-style homes, resort-inspired amenities, and beautifully crafted open floor plans. As the only Del Webb community in the nation with direct lake access, homeowners have the unique opportunity to embrace lake living while enjoying a full calendar of social events, clubs, and activities at the community clubhouse. Whether you're spending the day on the water, connecting with neighbors, or simply relaxing at home, Del Webb at Lake Oconee offers the perfect setting to enjoy the lifestyle you've earned.

Key facts

  • Covered porch
  • Large center island
  • Extended front porch

Tags

EXTENDED FRONT PORCHOPEN-CONCEPT LAYOUTLARGE CENTER ISLANDFLEX ROOMGATHERING ROOM EXTENSIONCOVERED PORCH

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction. The $374,450 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $430,813.

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $374k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-197 ($-2k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $374k).
  • Cap rate 5.7% vs local median 0.7% in Greensboro — 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 64/100 on livability (#272 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: amenities F, commute F, employment F.
  • Greene County (rural): math 27% / reading 37% proficiency, ranked #82 of 174 in GA (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Anita White Carson Middle School (math 8% / reading 15%, grade F, #424 of 470 statewide, top 90%, 524 students, 97% FRL); Greene County High School (math 2% / reading 8%, grade F, #394 of 424 statewide, top 97%, 420 students, 97% FRL) — zoned schools average 97% FRL vs 64% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 8% at this address vs 32% district-wide (-24 pts) — the specific schools serving this property underperform the Greene County average; the district grade overstates school quality for this exact location.
  • Market conditions: 643 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 295 units permitted in Greene County in 2024 (0 in 5+ unit buildings).
  • At $4,000/mo this rent would consume 54% of the median local household income ($89k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
  • Greene County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
  • 8 sale attempts 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.
Recommended offer $374,450

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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.93%
Cap rate
5.74%
Cash-on-cash
-1.96%
DSCR
0.91
GRM
9.0

CMA / ARV

ARV (median comp)
$430,813
List price
$374,450
Delta
-13.08%
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
1045 Cypress Way 0.11mi 2/2.0 1,550 (+4%) 2mo $403,018 $260 87
1178 Cypress Way 0.16mi 2/2.0 1,550 (+4%) 2mo $399,987 $258 84
1218 Cypress Way 0.05mi 2/2.0 1,445 (-3%) 13mo $418,448 $290 82
1290 Starboard Way 0.26mi 3/2.0 (+1) 1,444 (-3%) 11mo $440,000 $305 69
1100 Southern Pine Rd 0.47mi 2/2.0 1,570 (+5%) 10mo $417,000 $266 61
1280 Starboard Way 0.24mi 2/2.0 1,278 (-14%) 11mo $380,000 $297 56
1000 Eight Knot Ct 0.55mi 2/2.0 1,596 (+7%) 10mo $417,000 $261 55
1031 Eight Knot Ct 0.55mi 2/2.0 1,422 (-5%) 15mo $390,000 $274 54
1051 Southern Pine Rd 0.50mi 2/2.0 1,596 (+7%) 19mo $385,000 $241 49
1230 Flat Rock St 0.73mi 2/2.0 1,540 (+3%) 15mo $336,000 $218 48
1010 Cottonwood Trc 0.58mi 2/2.0 1,596 (+7%) 21mo $370,630 $232 44
1070 Spring Station Rd 0.69mi 3/2.0 (+1) 1,700 (+14%) 13mo $420,000 $247 28

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-19.5%
Equity multiple
0.32×
Total profit
$-82,080
Equity at exit
$64,236
10-year hold
IRR
-12.0%
Equity multiple
0.28×
Total profit
$-86,457
Equity at exit
$37,249

Cash invested: $120,628 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
22 active · 8 under contract
Months of supply
10.2 mo (10%/mo absorbed)
Median asking
$387,506 ($257/sqft)
Median days on market
67 d
This list price
41% of active listings are priced below it
ARV vs active asking
+12.2% above current asking $/sqft

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

ZIP-level market 30642

Active inventory
643
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$4,000 medium interval (Pro) →
Mortgage (P&I)
$2,259
Tax est. 1.5%
$539 /mo · $6,462/yr
Insurance
$180
HOA
$380
Vacancy / Maint / Mgmt
$840
Net cashflow
$-197

Break-even live

Break-even rent $4,250
Max offer price $402,270
Occupancy floor 100%

Sensitivity live

Price -10% $100 -5% $-48 +0% $-197 +5% $-346 +10% $-495
Rent -10% $-513 -5% $-355 +0% $-197 +5% $-39 +10% $119
Rate -1.0pp $20 -0.5pp $-88 base $-197 +0.5pp $-309 +1.0pp $-422

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
$107,703
Closing costs
$12,924
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1021 Leeward Run Trl Greensboro, GA 2.0 2.0 1868 $4,000 $2.14 62d 1 0.35mi

Property features AI

Finance

Other
Roads are paved/asphalt with private road frontageLocated within Del Webb at Lake Oconee community
HOA & community
Monthly association fee of $380Association maintains grounds and reserve fundCommunity receptionistCommunity amenities include clubhouse, fitness center, pool, spa/hot tub, playground, pickleball, tennis, sidewalks and street lightsHomeowners association in place

Exterior

Parking
Attached garage with garage door openerTwo garage spaces (2 total parking)DrivewayOpen parking available
Security
Gated communityCommunity security included in association
Utilities
Private water sourcePublic sewer110V and 220V (220V in garage)Cable availableElectricity availablePhone availableUnderground utilitiesWater available
Home design
One-level homeNew constructionBuilt by Del Webb
Construction
Brick, frame and HardiPlank exteriorShingle composition roof with ridge ventsSlab foundation
Exterior features
Private yardCovered patioPatioOutdoor lightingPrivate entranceRain guttersIrrigation system

Interior

Kitchen
Breakfast barCabinetsEat-in kitchenKitchen islandPantrySolid surface countersOpen view to family roomDishwasherElectric rangeMicrowaveGarbage disposal
Bedrooms
Master suite on main levelTwo main-level bedrooms
Flooring
CarpetHardwoodTile
Bathrooms
Two full bathroomsMaster bathroom with double vanity and shower
Heating & cooling
Heat pump (heating and cooling)
Interior features
Crown moldingDouble vanityEntrance foyer9-ft main level ceilingsHigh-speed internetRecessed lightingSmart home featuresTray ceilingsWalk-in closetsDouble pane windowsNo common walls
Laundry & utility
Main-level laundry roomElectric dryer hookupElectric water heater

HOA detail $380/mo · $4,560/yr

Likely covers
watersecurity

Listing history 50 events

  1. 2026-08-08
    days on market $374,450 Active 5 DOM
  2. 2026-08-07
    days on market $374,450 Active 4 DOM
  3. 2026-08-06
    days on market $374,450 Active 3 DOM
  4. 2026-08-05
    days on market $374,450 Active 2 DOM
  5. 2026-08-03
    days on marketlisting id $374,450 Active 1 DOM
    Show marketing remark (1838 chars)

    Discover the Charm of the Contour Exceptional curb appeal sets the stage for this beautifully appointed Contour home, featuring an extended front porch that creates a warm and welcoming first impression. Nestled to capture picturesque, landscaped backyard views, this home offers the perfect blend of comfort, style, and functionality. Inside, you'll find a bright, open-concept layout designed for effortless everyday living and entertaining. The spacious kitchen, complete with a large center island and adjacent dining area, serves as the heart of the home, providing an inviting space for gathering with family and friends. The expansive living area flows seamlessly into a versatile flex room, ideal for a home office, craft room, fitness space, or additional lounge area to suit your lifestyle. A gathering room extension and covered porch create a seamless indoor-outdoor living experience, perfect for enjoying Georgia's beautiful weather year-round. The extended garage offers valuable extra storage space and is ideal for parking a golf cart or accommodating outdoor gear and hobbies. Located within the prestigious, gated Del Webb at Lake Oconee community, this vibrant 55+ active adult neighborhood offers an exceptional lifestyle less than two hours from Atlanta. Residents enjoy thoughtfully designed ranch-style homes, resort-inspired amenities, and beautifully crafted open floor plans. As the only Del Webb community in the nation with direct lake access, homeowners have the unique opportunity to embrace lake living while enjoying a full calendar of social events, clubs, and activities at the community clubhouse. Whether you're spending the day on the water, connecting with neighbors, or simply relaxing at home, Del Webb at Lake Oconee offers the perfect setting to enjoy the lifestyle you've earned.

  6. 2026-07-31
    days on market $374,450 Active 92 DOM
  7. 2026-07-29
    days on market $374,450 Active 90 DOM
  8. 2026-07-27
    days on market $374,450 Active 88 DOM
  9. 2026-07-25
    days on market $374,450 Active 86 DOM
  10. 2026-07-24
    days on market $374,450 Active 85 DOM
  11. 2026-07-23
    days on market $374,450 Active 84 DOM
  12. 2026-07-22
    days on market $374,450 Active 83 DOM
  13. 2026-07-22
    price $374,450 Active 82 DOM
  14. 2026-07-21
    days on market $384,225 Active 82 DOM
  15. 2026-07-18
    days on market $384,225 Active 79 DOM
  16. 2026-07-16
    days on market $384,225 Active 77 DOM
  17. 2026-07-16
    days on market $384,225 Active 76 DOM
  18. 2026-07-14
    days on market $384,225 Active 75 DOM
  19. 2026-07-13
    days on market $384,225 Active 74 DOM
  20. 2026-07-12
    days on market $384,225 Active 73 DOM
  21. 2026-07-11
    days on market $384,225 Active 72 DOM
  22. 2026-07-10
    days on market $384,225 Active 71 DOM
  23. 2026-07-09
    days on market $384,225 Active 70 DOM
  24. 2026-07-08
    days on market $384,225 Active 69 DOM
  25. 2026-07-07
    days on market $384,225 Active 68 DOM
  26. 2026-07-06
    days on market $384,225 Active 67 DOM
  27. 2026-07-05
    days on market $384,225 Active 66 DOM
  28. 2026-07-04
    days on market $384,225 Active 65 DOM
  29. 2026-07-03
    days on market $384,225 Active 64 DOM
  30. 2026-07-02
    days on market $384,225 Active 63 DOM
  31. 2026-07-01
    days on market $384,225 Active 62 DOM
  32. 2026-06-30
    days on market $384,225 Active 61 DOM
  33. 2026-06-29
    days on market $384,225 Active 60 DOM
  34. 2026-06-28
    days on market $384,225 Active 59 DOM
  35. 2026-06-28
    days on market $384,225 Active 58 DOM
  36. 2026-06-27
    days on market $384,225 Active 57 DOM
  37. 2026-06-25
    days on market $384,225 Active 55 DOM
  38. 2026-06-23
    days on market $384,225 Active 53 DOM
  39. 2026-06-21
    days on market $384,225 Active 52 DOM
  40. 2026-06-19
    days on market $384,225 Active 50 DOM
  41. 2026-06-18
    days on market $384,225 Active 49 DOM
  42. 2026-06-17
    days on market $384,225 Active 48 DOM
  43. 2026-06-16
    days on market $384,225 Active 47 DOM
  44. 2026-06-15
    days on market $384,225 Active 46 DOM
  45. 2026-06-14
    days on market $384,225 Active 44 DOM
  46. 2026-06-13
    days on market $384,225 Active 43 DOM
  47. 2026-06-10
    days on market $384,225 Active 41 DOM
  48. 2026-06-09
    days on market $384,225 Active 40 DOM
  49. 2026-06-08
    days on market $384,225 Active 39 DOM
  50. 2026-06-07
    days on market $384,225 Active 38 DOM

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$48,000
− Mortgage interest
−$24,132
− Property taxes
−$6,462
− Insurance
−$2,154
− Repairs & maintenance
−$3,840
− Management
−$3,840
− HOA
−$4,560
− Depreciation
−$12,533
Taxable loss
−$9,521
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,285
After-tax cash flow
$-82/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

Good 80/100 None rehab

This home is in excellent condition with a good curb appeal and well-maintained interior. It has a good resale and rental value with minor updates that could further enhance its appeal.

Value-add opportunities

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Resale Kitchen appliances — Modernizes the kitchen and appeals to potential buyers
  • Resale Bathroom fixtures — Modernizes the bathroom and appeals to potential buyers
F Composite school gradezoned avg 8/100

Zoned Schools

Middle Anita White Carson Middle School F GA #424/470 Nat'l #13,186/14,009 High Greene County High School F GA #394/424 Nat'l #16,861/17,239

Schools (NCES district)

District
Greene County
NCES district ID
1302490
Math proficiency
27% ▼ -8.00%
Reading proficiency
37% ▼ -5.00%
Median HH income
$42,172
Composite
27.08/100
National rank
#7046
State rank
#82 of 174 in GA
C Composite livability gradescore 64/100

Livability — Greensboro

Score
64/100
State rank
#272
US rank
#14726

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Greene · 17,835 people
Population (ZIP)
14,884
Household income
$89,394
Rent vs Own
19.1% rent · 80.9% own
Severe rent burden
2% of renters

Population outlook (Greene County) Hauer SSP2

Today (2025)
17,835 people
By 2030
18,182 · +1.9%
By 2040
18,509 · +3.8%
By 2050
18,794 · +5.4%
By 2075
19,704 · +10.5%
By 2100
20,584 · +15.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 26% Hispanic / Latino 7% Two or more races 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 1%
Common ancestry
Italian 2% Serbian 2% Slovak 2%
Foreign-born
3% · Canada
Languages at home
95% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Greene

2024 margin
Strong R (+28.9) · D 35.3% · R 64.2%
2008→2024 swing
-13.9pp toward R · 2008: -15.1pp · 2024: -28.9pp
All cycles
2024: R+28.9 2020: R+26.5 2016: R+26.0 2012: R+22.5 2008: R+15.1

Not yet ingested

Civics

Price history

-6.1% since first listed
29 events — show timeline
  • 2026-08-03 Listed $374,450 FMLS
  • 2026-08-03 Listed $374,450 GAMLS
  • 2026-07-31 Listing Removed GAMLS
  • 2026-07-22 Price Changed $374,450 GAMLS
  • 2026-07-19 Price Changed $374,450 Zillow
  • 2026-07-17 Price Changed $374,450 LCBR
  • 2026-07-17 Price Changed $376,975 Zillow
  • 2026-07-15 Price Changed $375,975 Zillow
  • 2026-06-22 Price Changed $369,225 Zillow
  • 2026-06-20 Price Changed $369,225 LCBR
  • 2026-06-12 Price Changed $384,225 GAMLS
  • 2026-06-12 Listed $384,225 LCBR
  • 2026-05-23 Price Changed $384,225 Zillow
  • 2026-05-20 Price Changed $384,225 LCBR
  • 2026-04-30 Listed $389,818 GAMLS
  • 2026-04-28 Listing Removed GAMLS
  • 2026-04-28 Listing Removed FMLS
  • 2026-04-08 Price Changed $389,818 GAMLS
  • 2026-03-27 Price Changed $389,818 Zillow
  • 2026-03-25 Price Changed $389,818 LCBR
  • 2026-03-25 Price Changed $389,818 FMLS
  • 2026-03-05 Price Changed $396,418 Zillow
  • 2026-03-04 Price Changed $396,418 LCBR
  • 2026-03-04 Price Changed $396,418 FMLS
  • 2026-03-04 Price Changed $399,987 LCBR
  • 2026-01-24 Listed $398,601 GAMLS
  • 2026-01-24 Listed $398,601 FMLS
  • 2026-01-23 Listed $398,601 LCBR
  • 2026-01-15 Listed $398,601 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…