245 Sweet Gum Ln · Mansfield, GA 30055

$179,000

3 bd · 2.0 ba · 1,512 sqft · Other · 2 Days on market

Built 2003 1.25 ac lot $118/sqft · 64% below area

---

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 +19.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• 1% rule +5.1/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enjoy lakefront living this summer on Jackson Lake with over 300 feet of shoreline and peaceful natural surroundings. This 1.25 acre lease lot offers exceptional potential for a weekend retreat, full time residence, or investment opportunity. The existing mobile home is currently vacant and will require some updates and repairs, making it a great option for buyers looking to renovate and add value. Alternatively, bring your custom home plans and build your dream lake home in a private setting with expansive water frontage. This property provides direct lake access, scenic views, and ample space to create your ideal outdoor living environment. For safety, please do not walk on the dock during your scheduled showing.

Key facts

• Direct lake access
• 1.25 acre lease lot
• Private setting

Tags

• OVER 300 FEET OF SHORELINE
• 1.25 ACRE LEASE LOT
• EXISTING MOBILE HOME
• DIRECT LAKE ACCESS
• EXPANSIVE WATER FRONTAGE
• PRIVATE SETTING

Property features AI

Finance

• Other: Lot size approximately 1.25 acres
• HOA & community: No HOA; Community features: Lake

Exterior

• Parking: Parking pad (open parking)
• Utilities: Public water available; Septic tank; Water available
• Home design: Manufactured home / Single-family residence; One story; Resale property; Located on Jackson Lake with water view
• Construction: Built in 2003; Vinyl siding; Composition roof; Manufactured house structure
• Exterior features: Private dock; Lakefront with approximately 309 feet of waterfront; Level lot

Interior

• Kitchen: Laundry located in the kitchen
• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Double vanity; Fireplace (1)
• Laundry & utility: In-kitchen laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $179k.

Deal economics

• At list price, monthly cash flow is $124 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $179k).
• Cap rate 7.6% vs local median 2.7% in Mansfield — 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 56/100 on livability (#478 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-; Watch: crime D-, amenities F, commute F.
• Jasper County (rural): math 24% / reading 30% proficiency, ranked #113 of 174 in GA (top 65%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Jasper County Primary School (654 students, 66% FRL); Jasper County Middle School (math 20% / reading 28%, grade F, #311 of 470 statewide, top 68%, 630 students, 58% FRL); Jasper County High School (math 32% / reading 42%, grade F, #68 of 424 statewide, top 17%, 725 students, 50% FRL) — zoned schools at 58% FRL track the district average.
• Market conditions: 102 active listings in the ZIP; 183 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

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.
• Jasper County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 15y ago 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,000

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
9. 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.
10. 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.
11. 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: 1.01% ✓
• Cap rate: 7.57%
• Cash-on-cash: 4.56%
• DSCR: 1.20
• GRM: 8.3

CMA / ARV

• ARV (median comp): $491,712
• List price: $179,000
• Delta: -63.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-21,050
• Equity at exit: $26,689

10-year hold

• IRR: -2.3%
• Equity multiple: 0.84×
• Total profit: $-7,896
• Equity at exit: $15,477

Cash invested: $50,120 (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 30055

• Home prices YoY: -4.3%
• Active inventory: 102
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,807 medium
• Mortgage (P&I): −$939
• Tax est. 1.5%: −$224 /mo · $2,685/yr
• Insurance: −$75
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $124

Break-even live

Break-even rent $1,650

Max offer price $179,000

Occupancy floor 88%

Sensitivity live

Price	-10% $248	-5% $186	+0% $124	+5% $62	+10% $0
Rent	-10% $-19	-5% $52	+0% $124	+5% $195	+10% $267
Rate	-1.0pp $214	-0.5pp $169	base $124	+0.5pp $77	+1.0pp $30

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-05-03
   status Under Contract 724-char remark
2. 2026-04-30
   status Active 724-char remark

   Show marketing remark (724 chars)

   Enjoy lakefront living this summer on Jackson Lake with over 300 feet of shoreline and peaceful natural surroundings. This 1.25 acre lease lot offers exceptional potential for a weekend retreat, full time residence, or investment opportunity. The existing mobile home is currently vacant and will require some updates and repairs, making it a great option for buyers looking to renovate and add value. Alternatively, bring your custom home plans and build your dream lake home in a private setting with expansive water frontage. This property provides direct lake access, scenic views, and ample space to create your ideal outdoor living environment. For safety, please do not walk on the dock during your scheduled showing.

3. 2026-04-26
   status Pending 724-char remark

   Show marketing remark (724 chars)

   Enjoy lakefront living this summer on Jackson Lake with over 300 feet of shoreline and peaceful natural surroundings. This 1.25 acre lease lot offers exceptional potential for a weekend retreat, full time residence, or investment opportunity. The existing mobile home is currently vacant and will require some updates and repairs, making it a great option for buyers looking to renovate and add value. Alternatively, bring your custom home plans and build your dream lake home in a private setting with expansive water frontage. This property provides direct lake access, scenic views, and ample space to create your ideal outdoor living environment. For safety, please do not walk on the dock during your scheduled showing.

4. 2026-04-22
   listed $179,000 New 724-char remark

   Show marketing remark (724 chars)

   Enjoy lakefront living this summer on Jackson Lake with over 300 feet of shoreline and peaceful natural surroundings. This 1.25 acre lease lot offers exceptional potential for a weekend retreat, full time residence, or investment opportunity. The existing mobile home is currently vacant and will require some updates and repairs, making it a great option for buyers looking to renovate and add value. Alternatively, bring your custom home plans and build your dream lake home in a private setting with expansive water frontage. This property provides direct lake access, scenic views, and ample space to create your ideal outdoor living environment. For safety, please do not walk on the dock during your scheduled showing.

5. 2026-04-22
   listed $179,000 Active 724-char remark

   Show marketing remark (724 chars)

   Enjoy lakefront living this summer on Jackson Lake with over 300 feet of shoreline and peaceful natural surroundings. This 1.25 acre lease lot offers exceptional potential for a weekend retreat, full time residence, or investment opportunity. The existing mobile home is currently vacant and will require some updates and repairs, making it a great option for buyers looking to renovate and add value. Alternatively, bring your custom home plans and build your dream lake home in a private setting with expansive water frontage. This property provides direct lake access, scenic views, and ample space to create your ideal outdoor living environment. For safety, please do not walk on the dock during your scheduled showing.

6. 2012-03-14
   historical
7. 2011-09-21
   price $139,000 Increased
8. 2011-09-19
   listed $110,000 New

ⓘ 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 10/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,681
• − Mortgage interest: −$10,027
• − Property taxes: −$2,685
• − Insurance: −$1,692
• − Repairs & maintenance: −$1,734
• − Management: −$1,734
• − Depreciation: −$5,207
• Taxable loss: −$1,400
• Est. tax savings @ 24.0%: +$336
• After-tax cash flow: $1,822/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: Jasper County
• NCES district ID: 1302970
• Math proficiency: 24% ▼ -12.00%
• Reading proficiency: 30% ▼ -6.00%
• Median HH income: $42,606
• Composite: 22.99/100
• National rank: #7980
• State rank: #113 of 174 in GA

Livability — Mansfield

• Score: 56/100
• State rank: #478
• US rank: #22373

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,964

Population outlook (Jasper County) Hauer SSP2

• Today (2025): 13,020 people
• By 2030: 12,538 · -3.7%
• By 2040: 11,355 · -12.8%
• By 2050: 9,955 · -23.5%
• By 2075: 6,646 · -49.0%
• By 2100: 4,022 · -69.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 6% Black 4% Hispanic / Latino 3%
• Common ancestry: Serbian 2% Italian 2% Scottish 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3% Other Asian/Pacific 1%

Political lean MEDSL · Jasper

• 2024 margin: Solid R (+58.4) · D 20.6% · R 79.0%
• 2008→2024 swing: -24.8pp toward R · 2008: -33.6pp · 2024: -58.4pp
• All cycles: 2024: R+58.4 2020: R+53.1 2016: R+46.7 2012: R+38.0 2008: R+33.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -12.39%
• Current HPI: 278.7269
• Rent YoY: —
• Metro: —
• 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

+62.7% since first listed

9 events — show timeline

• 2026-05-26 Pending — LCBR
• 2026-05-03 Pending — GAMLS
• 2026-04-30 Relisted — LCBR
• 2026-04-26 Pending — LCBR
• 2026-04-22 Listed $179,000 GAMLS
• 2026-04-22 Listed $179,000 LCBR
• 2012-03-14 Listing Removed — GAMLS
• 2011-09-21 Price Changed $139,000 GAMLS
• 2011-09-19 Listed $110,000 GAMLS

Property tax history

+2.4%/yr

Latest (2025): $311 · +17.9% YoY. Source: county tax records.