1368 Point Peter Rd · St. Marys, GA 31558

$155,000

3 bd · 1.5 ba · 963 sqft · SingleFamily public records · 23 Days on market

Built 1965 0.46 ac lot Est $201k · 23% 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +7.1/10.0
• Schools +4.7/10.0
• Rent growth +2.8/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 1368 Point Peter Rd, a cozy 3-bedroom, 1.5-bath single-family home tucked into one of St. Marys' most scenic waterfront corridors. Set on a generous 0.46-acre lot, this 1965-built home offers a comfortable layout, room to garden or expand, and an unbeatable location minutes from the St. Marys waterfront, local marinas, and dining. Enjoy easy access to Cumberland Island ferries, the historic downtown district, and Kings Bay. Whether you're looking for a primary residence, weekend retreat, or investment opportunity, this property delivers location and potential.

Key facts

• Generous lot
• Waterfront corridors
• 0.46 acre lot

Tags

• WATERFRONT CORRIDORS
• GENEROUS LOT
• EASY ACCESS TO FERRIES
• HISTORIC DOWNTOWN DISTRICT

Property features AI

Finance

• Other: Located in St Marys Res S01 S02 S03 S04 subdivision; Address: 1368 Point Peter Road, Saint Marys, GA 31558; County: Camden
• HOA & community: No HOA

Exterior

• Parking: No parking listed
• Utilities: Public water; Public sewer; Electricity available
• Home design: Single-family residence; House structure type; Built in 1965
• Construction: Built in 1965
• Exterior features: Other roof type; Other construction materials; Property listed as resale; Lot approximately 0.46 acres (per public records); Lot features described as other

Interior

• Kitchen: No appliances included
• Bedrooms: 3 bedrooms on the main level
• Flooring: Carpet; Tile
• Bathrooms: 1 full bathroom; 1 half bathroom (total 2 bathrooms / 1.5)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: One-level living; Public records list living area as 963; No fireplace
• Laundry & utility: No laundry features listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $407 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $153k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 2.9% in St. Marys — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Camden County (town): math 56% / reading 54% proficiency, ranked #9 of 174 in GA (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Saint Marys Elementary School (math 67% / reading 50%, grade B-, #139 of 1,228 statewide, top 11%, 598 students, 48% FRL); Saint Marys Middle School (math 56% / reading 63%, grade B, #42 of 470 statewide, top 9%, 1,051 students, 44% FRL); Camden County High School (math 47% / reading 47%, grade D-, #37 of 424 statewide, top 9%, 2,673 students, 40% FRL) — zoned schools at 44% FRL track the district average.
• Market conditions: Rents rising (+1.2%/yr); 517 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 383 units permitted in Camden County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($74k/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.
• Camden County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($153k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $152,675 (1.5% below list)

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.21% ✓
• Cap rate: 9.44%
• Cash-on-cash: 11.25%
• DSCR: 1.50
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $201,267
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
104 Dufour Rd	0.35mi	2/1.0 (-1)	972 (+1%)	1mo	$162,000	$167	74
509 Palmetto St	0.37mi	3/1.5	1,050 (+9%)	10mo	$219,900	$209	59

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 · 1.22% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-2,465
• Equity at exit: $23,111

10-year hold

• IRR: 6.2%
• Equity multiple: 1.42×
• Total profit: $18,304
• Equity at exit: $13,402

Cash invested: $43,400 (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 31558

• Home prices YoY: -11.1%
• Rents YoY: 1.2%
• Active inventory: 517
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,871 high
• Mortgage (P&I): −$813
• Tax est. 1.5%: −$194 /mo · $2,325/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $407

Break-even live

Break-even rent $1,356

Max offer price $155,000

Occupancy floor 73%

Sensitivity live

Price	-10% $514	-5% $460	+0% $407	+5% $353	+10% $300
Rent	-10% $259	-5% $333	+0% $407	+5% $481	+10% $555
Rate	-1.0pp $485	-0.5pp $446	base $407	+0.5pp $367	+1.0pp $326

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 Admirals Walk Dr Saint Marys, GA	2.0	1.5	972	$2,300	$2.37	46d	1	0.35mi
306 Admiral's Walk Dr St Marys, GA	2.0	1.5	972	$2,200	$2.26	46d	1	0.36mi
2000 Harbor Pines Dr Saint Marys, GA	1.0–3.0	1.0–2.0	850	$1,324	$1.56	0d	9	0.49mi
540 Chateau Cir Saint Marys, GA	2.0	2.0	1000	$1,450	$1.45	23d	1	1.21mi
4450 St Marys, GA	1.0–2.0	1.0–2.0	893	$1,591	$1.78	0d	15	1.36mi
695 Douglas Dr Saint Marys, GA	2.0	1.0	840	$1,200	$1.43	46d	1	1.36mi
307 Finley St Saint Marys, GA	2.0	1.0	628	$1,100	$1.75	4d	1	1.38mi

Listing history 17 events

1. 2026-06-22
   days on market $155,000 Active 23 DOM
2. 2026-06-21
   days on market $155,000 Active 22 DOM
3. 2026-06-18
   days on market $155,000 Active 19 DOM
4. 2026-06-17
   days on market $155,000 Active 18 DOM
5. 2026-06-16
   days on market $155,000 Active 17 DOM
6. 2026-06-15
   days on market $155,000 Active 16 DOM
7. 2026-06-13
   statusdays on market $155,000 Active 14 DOM
8. 2026-06-13
   days on market $155,000 New 13 DOM
9. 2026-06-09
   days on market $155,000 New 10 DOM
10. 2026-06-08
    days on market $155,000 New 9 DOM
11. 2026-06-07
    days on market $155,000 New 8 DOM
12. 2026-06-05
    days on market $155,000 New 5 DOM
13. 2026-06-03
    days on market $155,000 New 4 DOM
14. 2026-06-02
    days on market $155,000 New 3 DOM
15. 2026-06-01
    days on market $155,000 New 2 DOM
16. 2026-05-31
    remarks 577-char remark
17. 2026-05-31
    listed $155,000 New 1 DOM

ⓘ 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 5/10 Major FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,452
• − Mortgage interest: −$8,682
• − Property taxes: −$2,325
• − Insurance: −$775
• − Repairs & maintenance: −$1,796
• − Management: −$1,796
• − Depreciation: −$4,509
• Taxable income: $2,568
• Est. tax owed @ 24.0%: −$616
• After-tax cash flow: $4,267/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: Camden County
• NCES district ID: 1300780
• Math proficiency: 56% ▼ -3.00%
• Reading proficiency: 54% ▼ -4.00%
• Median HH income: $51,668
• Composite: 47.1/100
• National rank: #2331
• State rank: #9 of 174 in GA

Livability — St. Marys

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

Census & demographics

• Census place: St. Marys, GA
• County: Camden County · 46,661 people
• Metro: St. Marys, GA
• Population (ZIP): 22,591
• Household income: $74,268
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 1046.0

Population outlook (Camden County) Hauer SSP2

• Today (2025): 54,358 people
• By 2030: 54,841 · +0.9%
• By 2040: 54,295 · -0.1%
• By 2050: 51,529 · -5.2%
• By 2075: 42,990 · -20.9%
• By 2100: 33,094 · -39.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 14% Two or more races 8% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 3% Dominican 1%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 3% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Camden

• 2024 margin: Solid R (+35.7) · D 31.9% · R 67.5%
• 2008→2024 swing: -12.1pp toward R · 2008: -23.5pp · 2024: -35.7pp
• All cycles: 2024: R+35.7 2020: R+30.7 2016: R+33.9 2012: R+27.7 2008: R+23.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -35.90%
• Current HPI: 289.1157
• Rent YoY: ▲ 1.22%
• Metro: St. Marys, 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

• 2026-05-30 Listed $155,000 GAMLS

Property tax history

+1.9%/yr

Latest (2019): $309 · +8.1% YoY. Source: county tax records.