2243 Pinewood Dr · Brunswick, GA 31520

$134,500

3 bd · 1.5 ba · 1,075 sqft · SingleFamily public records · 184 Days on market

Built 1971 Fair condition 9,583 sqft lot $125/sqft · 25% below area Est $178k · 25% 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 +28.6/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +6.9/10.0
• Rent growth +3.8/5.0
• Schools +3.6/10.0
• Livability +3.0/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom, 1.5 bath brick home in centrally located Magnolia Park. With some much needed TLC this could be a very nice home for a first time buyer or an investor looking to add to their portfolio. Property is being sold in "As-Is" condition. The Seller is a licensed real estate broker in the state of Georgia.

Key facts

• 9,583 sq ft lot
• Garage
• Built 1971

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $134k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $445 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $134k).
• Recommended offer: $118k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 3.4% in Brunswick — 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 59/100 on livability (#401 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: crime D, amenities F, commute F.
• Glynn County (other): math 37% / reading 42% proficiency, ranked #47 of 174 in GA (top 27%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Goodyear Elementary School (math 20% / reading 17%, grade F, #922 of 1,228 statewide, top 75%, 489 students, 91% FRL); Jane Macon Middle (math 28% / reading 45%, grade F, #167 of 470 statewide, top 38%, 780 students, 74% FRL); Brunswick High School (math 32% / reading 37%, grade F, #88 of 424 statewide, top 22%, 1,932 students, 61% FRL) — zoned schools average 75% FRL vs 55% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.1%/yr); 246 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 734 units permitted in Glynn County in 2024 (136 in 5+ unit buildings).
• At $1,595/mo this rent would consume 48% of the median local household income ($40k/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 $930 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Glynn County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.1% rent growth), your $38k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 184 days — a 12% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $40k; list at $134k implies a 236% gain — meaningful room to come down on a strong offer.

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 $118,360 (12.0% below list)

Questions for the listing agent

1. It's been on market 184 days. Have you received any prior offers? Is the seller open to a 12% 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 1971 — 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 D-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: 1.19% ✓
• Cap rate: 10.27%
• Cash-on-cash: 14.19%
• DSCR: 1.63
• GRM: 7.0

CMA / ARV

• ARV (median comp): $178,394
• List price: $134,500
• Delta: -24.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4180 Whitlock St	0.68mi	3/1.0	1,074 (-0%)	13mo	$149,900	$140	55
2235 Poinsettia Cir	0.14mi	4/1.5 (+1)	1,167 (+9%)	24mo	$143,820	$123	54
2600 Cate St	0.60mi	3/2.0	1,020 (-5%)	9mo	$153,750	$151	54
214 Nell Leone Dr	0.73mi	2/2.0 (-1)	1,103 (+3%)	5mo	$212,500	$193	50
319 Stone Mill Dr	0.58mi	2/2.0 (-1)	1,184 (+10%)	0mo	$208,000	$176	49
153 Dalton Cody Dr	0.75mi	2/2.0 (-1)	1,079 (+0%)	11mo	$155,000	$144	48
2441 Blain St	0.64mi	3/1.0	1,136 (+6%)	22mo	$110,000	$97	41
115 Dalton Cody Dr	0.72mi	2/2.0 (-1)	1,024 (-5%)	16mo	$160,000	$156	38
110 Dalton Cody Dr	0.71mi	2/2.0 (-1)	921 (-14%)	5mo	$175,000	$190	32

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 · 5.08% rent growth · sell at horizon

5-year hold

• IRR: 6.6%
• Equity multiple: 1.26×
• Total profit: $9,931
• Equity at exit: $20,054

10-year hold

• IRR: 17.6%
• Equity multiple: 2.58×
• Total profit: $59,572
• Equity at exit: $11,629

Cash invested: $37,660 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 7 active · 4 under contract
• Months of supply: 10.5 mo (10%/mo absorbed)
• Median asking: $199,900 ($205/sqft)
• Median days on market: 35 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -18.9% vs current asking $/sqft

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

ZIP-level market 31520

• Rents YoY: 5.1%
• Active inventory: 246
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,595 high
• Mortgage (P&I): −$705
• Tax from tax record: −$53 /mo · $639/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $445

Break-even live

Break-even rent $1,031

Max offer price $134,500

Occupancy floor 67%

Sensitivity live

Price	-10% $522	-5% $483	+0% $445	+5% $407	+10% $369
Rent	-10% $319	-5% $382	+0% $445	+5% $508	+10% $571
Rate	-1.0pp $513	-0.5pp $480	base $445	+0.5pp $411	+1.0pp $375

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: $33,625
• Closing costs: $4,035
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4202 Whitlock St Brunswick, GA	3.0	2.0	1096	$1,400	$1.28	5d	1	0.77mi
500 Coastal Club Cir Brunswick, GA	2.0	2.0	1153	$1,334	$1.16	3d	5	0.85mi
294 Windridge Dr Brunswick, GA	3.0	2.0	1430	$1,600	$1.12	139d	1	0.85mi
3852 Ogg Ave Unit 3858 Brunswick, GA	2.0	1.0	797	$1,100	$1.38	5d	1	0.89mi
3661 Wylly Ave Brunswick, GA	2.0	1.0	1492	$1,050	$0.70	5d	1	0.94mi
3667 Wylly Ave Brunswick, GA	3.0	1.0	1492	$1,225	$0.82	5d	1	0.94mi
3752 Ogg Ave #3758 Brunswick, GA	2.0	1.0	739	$1,200	$1.62	5d	1	0.95mi
3742 Ogg Ave Brunswick, GA	2.0	1.0	797	$1,250	$1.57	139d	1	0.95mi
500 Beverly Villas Dr Brunswick, GA	1.0–2.0	1.0–2.0	1172	$1,799	$1.53	4d	6	1.11mi
3220 Altama Ave Brunswick, GA	3.0	2.0	1300	$1,650	$1.27	139d	1	1.11mi
4325 Old Cypress Mill Rd Brunswick, GA	3.0	2.0–2.5	1502	$1,748	$1.16	4d	11	1.13mi
3513 Franklin Ave Brunswick, GA	2.0	1.0	800	$1,300	$1.62	5d	1	1.13mi
3602 Norwich St Brunswick, GA	3.0	1.0	1012	$1,475	$1.46	5d	1	1.14mi
2640 Canary Dr Brunswick, GA	4.0	2.0	1450	$2,200	$1.52	139d	1	1.14mi
3200 Cypress Mill Rd Brunswick, GA	2.0–3.0	2.0	1168	$1,485	$1.27	0d	9	1.18mi
3518 Hardee Ave Brunswick, GA	3.0	1.0	948	$1,550	$1.64	139d	1	1.20mi
1105 Fountain Lake Dr Brunswick, GA	2.0–3.0	2.0–2.5	1157	$1,475	$1.27	0d	3	1.33mi
3247 Willow Ave Brunswick, GA	3.0	2.0	1479	$1,800	$1.22	5d	1	1.33mi
110 Kentshire Ave Brunswick, GA	4.0	1.5	1225	$1,950	$1.59	5d	1	1.39mi
5600 Altama Ave Brunswick, GA	2.0	1.0	750	$1,175	$1.57	5d	4	1.48mi

Listing history 50 events

1. 2026-09-24
   days on market $134,500 Active 184 DOM
2. 2026-09-22
   days on market $134,500 Active 183 DOM
3. 2026-09-21
   days on market $134,500 Active 182 DOM
4. 2026-09-20
   days on market $134,500 Active 181 DOM
5. 2026-09-19
   days on market $134,500 Active 180 DOM
6. 2026-09-18
   days on market $134,500 Active 179 DOM
7. 2026-09-17
   days on market $134,500 Active 178 DOM
8. 2026-09-16
   days on market $134,500 Active 177 DOM
9. 2026-09-15
   days on market $134,500 Active 176 DOM
10. 2026-09-14
    days on market $134,500 Active 175 DOM
11. 2026-09-13
    days on market $134,500 Active 174 DOM
12. 2026-09-12
    days on market $134,500 Active 173 DOM
13. 2026-09-11
    days on market $134,500 Active 172 DOM
14. 2026-09-05
    days on market $134,500 Active 166 DOM
15. 2026-09-04
    days on market $134,500 Active 165 DOM
16. 2026-09-03
    days on market $134,500 Active 164 DOM
17. 2026-09-02
    days on market $134,500 Active 163 DOM
18. 2026-08-30
    days on market $134,500 Active 160 DOM
19. 2026-08-29
    days on market $134,500 Active 159 DOM
20. 2026-08-28
    days on market $134,500 Active 158 DOM
21. 2026-08-27
    days on market $134,500 Active 157 DOM
22. 2026-08-26
    days on market $134,500 Active 156 DOM
23. 2026-08-25
    days on market $134,500 Active 155 DOM
24. 2026-08-24
    days on market $134,500 Active 154 DOM
25. 2026-08-23
    days on market $134,500 Active 153 DOM
26. 2026-08-22
    days on market $134,500 Active 152 DOM
27. 2026-08-21
    days on market $134,500 Active 151 DOM
28. 2026-08-20
    days on market $134,500 Active 150 DOM
29. 2026-08-19
    days on market $134,500 Active 149 DOM
30. 2026-08-18
    days on market $134,500 Active 148 DOM
31. 2026-08-17
    days on market $134,500 Active 147 DOM
32. 2026-08-16
    days on market $134,500 Active 146 DOM
33. 2026-08-15
    days on market $134,500 Active 145 DOM
34. 2026-08-14
    days on market $134,500 Active 144 DOM
35. 2026-08-13
    days on market $134,500 Active 143 DOM
36. 2026-08-12
    days on market $134,500 Active 142 DOM
37. 2026-08-11
    days on market $134,500 Active 141 DOM
38. 2026-08-10
    days on market $134,500 Active 140 DOM
39. 2026-08-09
    days on market $134,500 Active 139 DOM
40. 2026-08-08
    days on market $134,500 Active 138 DOM
41. 2026-08-07
    days on market $134,500 Active 137 DOM
42. 2026-08-06
    days on market $134,500 Active 136 DOM
43. 2026-08-05
    days on market $134,500 Active 135 DOM
44. 2026-08-04
    days on market $134,500 Active 134 DOM
45. 2026-08-03
    days on market $134,500 Active 133 DOM
46. 2026-07-31
    days on market $134,500 Active 130 DOM
47. 2026-07-30
    days on market $134,500 Active 129 DOM
48. 2026-07-29
    days on market $134,500 Active 128 DOM
49. 2026-07-27
    days on market $134,500 Active 126 DOM
50. 2026-07-25
    days on market $134,500 Active 124 DOM

ⓘ 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: $639 · $53/mo
• Projected year-2 tax: $1,237 · $103/mo
• Expected delta: +$598/yr (+$50/mo · 93.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 24% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,139
• − Mortgage interest: −$7,534
• − Property taxes: −$639
• − Insurance: −$672
• − Repairs & maintenance: −$1,531
• − Management: −$1,531
• − Depreciation: −$3,913
• Taxable income: $3,318
• Est. tax owed @ 24.0%: −$796
• After-tax cash flow: $4,548/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 · 2 photos

Fair 45/100 Moderate rehab Est. rehab $26,875–$48,375 screening

This home requires significant repairs and maintenance, including a new roof, repainting, and landscaping improvements, to increase its resale and rental value.

Components & finishes AI

Roof asphalt shingle

Repairs flagged

• Major roof — Signs of wear and discoloration suggest significant damage and potential water damage.
• Major exterior siding — The siding is visibly worn and in need of repainting or replacement.
• Major flooring — The flooring is old and worn, indicating a need for replacement.
• Major HVAC unit — The unit appears old and may need maintenance or replacement to ensure proper functioning.
• Major interior walls/paint — The walls and paint are in poor condition, requiring freshening up or repainting.
• Major landscaping — The landscaping is sparse and in need of improvement to enhance curb appeal and value.

Value-add opportunities

• Resale roof replacement — A new roof will significantly improve the home's appearance and reduce the risk of water damage. ↑
• Resale exterior siding repainting — Fresh paint will enhance the home's curb appeal and make it more attractive to potential buyers. ↑
• Both HVAC unit replacement — A new HVAC unit will improve comfort and energy efficiency, benefiting both resale and rental value. ↑
• Resale flooring replacement — New flooring will make the home more appealing and easier to maintain. ↑
• Resale interior painting — Fresh paint will improve the home's appearance and make it more attractive to potential buyers. ↑
• Both landscaping improvement — Improved landscaping will enhance curb appeal and make the home more attractive to potential buyers and renters alike. ↑

ⓘ Rehab cost is a screening estimate — Moderate 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 36/100

Zoned Schools

Elementary Golden Isles Elementary School F GA #485/1,228 Nat'l #21,438/41,679 Middle Jane Macon Middle F GA #167/470 Nat'l #7,065/14,009 High Brunswick High School F GA #88/424 Nat'l #9,639/17,239

Schools (NCES district)

• District: Glynn County
• NCES district ID: 1302400
• Math proficiency: 37% ▼ -9.00%
• Reading proficiency: 42% ▼ -7.00%
• Median HH income: $47,554
• Composite: 33.83/100
• National rank: #5359
• State rank: #47 of 174 in GA

D Composite livability gradescore 59/100

Livability — Brunswick

• Score: 59/100
• State rank: #401
• US rank: #19832

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brunswick, GA
• County: Glynn County · 91,404 people
• City population: 51,239
• Metro: Brunswick, GA
• Population (ZIP): 22,313
• Household income: $40,071
• Rent vs Own: 54.5% rent · 45.5% own
• Severe rent burden: 9% of renters

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Population outlook (Glynn County) Hauer SSP2

• Today (2025): 91,404 people
• By 2030: 94,806 · +3.7%
• By 2040: 100,060 · +9.5%
• By 2050: 103,258 · +13.0%
• By 2075: 107,970 · +18.1%
• By 2100: 103,363 · +13.1%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Black 50% White 33% Hispanic / Latino 11% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 8% · Canada, South Korea
• Languages at home: 87% English-only · Spanish 10% French/Haitian/Cajun 1% Korean 1%

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Political lean MEDSL · Glynn

• 2024 margin: Strong R (+26.0) · D 36.8% · R 62.8%
• 2008→2024 swing: -2.6pp toward R · 2008: -23.4pp · 2024: -26.0pp
• All cycles: 2024: R+26.0 2020: R+23.2 2016: R+28.6 2012: R+27.0 2008: R+23.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -274.83%
• Current HPI: 180.4581
• Rent YoY: ▲ 5.08%
• Metro: Brunswick, 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

+236.2% since first listed

2 events — show timeline

• 2026-03-23 Listed $134,500 GIAR
• 2002-09-20 Sold (Public Records) $40,000 Public Records

Property tax history

-2.9%/yr

Latest (2025): $639 · -4.8% YoY. Source: county tax records.