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213 Antiquity Cir Lot 243 🏗️ New Construction
F Composite 27.48
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
  • Condition / age +4.8/5.0
  • Cash flow +4.7/30.0
  • Schools +4.0/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • 1% rule +0.7/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$294,795

213 Antiquity Cir Lot 243 · Perry, GA 31069
4 bd · 2.5 ba · 2,053 sqft · SingleFamily · 157 Days on market
Built 2026 Excellent condition Garage $33/mo HOA · 2% of rent

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

Listing remarks

Move in Ready! The Coleman plan by Smith Douglas Homes in the new community Avalon. Step into this beautifully designed 4-bedroom, 2.5-bath home where modern comfort meets thoughtful design. A welcoming foyer opens to a formal dining room, perfect for gatherings and special occasions. The heart of the home features an open-concept layout that seamlessly connects the family room, breakfast nook, and stylish kitchen, creating an ideal space for everyday living and entertaining. Just off the breakfast area, a spacious patio extends your living space outdoors, perfect for morning coffee, grilling, or relaxing after a long day.

Key facts

  • Walk-in closet
  • Large patio
  • Owner's suite

Tags

DEDICATED DINING ROOMOPEN CONCEPT LAYOUTLARGE PATIOOWNER'S SUITESPACIOUS ENSUITE BATHWALK-IN CLOSET

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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🏗️ New construction. The $294,795 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $309,733.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.5-bath single-family listed at $295k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-777 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $197k (33.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (40.0% below list).
  • Recommended offer: $177k (40.0% below list) — sets the bar for 1% rule.
  • Cap rate 3.3% vs local median 4.8% in Perry — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 68/100 on livability (#149 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: amenities F, commute F, health & safety F.
  • Houston County (urban): math 43% / reading 46% proficiency, ranked #23 of 174 in GA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Morningside Elementary School (math 32% / reading 32%, grade F, #582 of 1,228 statewide, top 50%, 503 students, 84% FRL); Perry Middle School (math 53% / reading 51%, grade C+, #60 of 470 statewide, top 13%, 1,070 students, 51% FRL); Perry High School (math 31% / reading 39%, grade F, #84 of 424 statewide, top 20%, 1,478 students, 48% FRL) — zoned schools average 61% FRL vs 46% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 772 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,545 units permitted in Houston County in 2024 (336 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Houston County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 157 days — a 12% lower offer ($259k) is reasonable based on typical stale-listing flexibility.
Recommended offer $176,763 (40.0% 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 157 days. Have you received any prior offers? Is the seller open to a 40% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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. 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?
  7. 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.
  8. 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.
  9. 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
0.57% ✗
Cap rate
3.28%
Cash-on-cash
-10.75%
DSCR
0.52
GRM
14.6

CMA / ARV

ARV (median comp)
$309,733
List price
$294,795
Delta
-4.82%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
214 Farmland Cir Lot 8 AG 0.01mi 3/2.0 (-1) 2,003 (-2%) 6mo $370,200 $185 84
902 Washington St 0.28mi 4/3.0 2,066 (+1%) 15mo $310,500 $150 72
906 Washington St 0.24mi 3/2.5 (-1) 2,045 (-0%) 15mo $277,499 $136 70
202 Farmland Cir Lot 2 0.01mi 3/2.0 (-1) 1,851 (-10%) 8mo $336,900 $182 70
120 Bramblewood Way 0.02mi 4/2.0 1,756 (-14%) 12mo $295,339 $168 63
405 Otter's Ridge Dr 0.02mi 4/2.0 1,766 (-14%) 23mo $302,900 $172 55
905 Massee Ln 0.50mi 4/3.5 2,232 (+9%) 10mo $418,000 $187 50
1309 Georgia Ave 0.53mi 3/2.0 (-1) 1,899 (-8%) 12mo $150,000 $79 46
1208 Duncan Ave 0.64mi 4/3.0 2,331 (+14%) 13mo $357,000 $153 34

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
-35.8%
Equity multiple
-0.15×
Total profit
$-99,635
Equity at exit
$46,182
10-year hold
IRR
-48.5%
Equity multiple
-0.73×
Total profit
$-150,298
Equity at exit
$26,780

Cash invested: $86,725 (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
31 active · 24 under contract
Months of supply
26.6 mo (4%/mo absorbed)
Median asking
$281,505 ($145/sqft)
Median days on market
103 d
This list price
65% of active listings are priced below it
ARV vs active asking
+4.3% vs current asking $/sqft

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

ZIP-level market 31069

Active inventory
772
Price-to-rent
13.9×

Monthly cashflow live

Estimated rent
$1,768 high interval (Pro) →
Mortgage (P&I)
−$1,624
Tax est. 1.5%
−$387 /mo · $4,646/yr
Insurance
−$129
HOA
−$33
Vacancy / Maint / Mgmt
−$371
Net cashflow
$-777

Break-even live

Break-even rent $2,751
Max offer price $197,290
Occupancy floor —

Sensitivity live

Price -10% $-563 -5% $-670 +0% $-777 +5% $-884 +10% $-991
Rent -10% $-917 -5% $-847 +0% $-777 +5% $-707 +10% $-637
Rate -1.0pp $-621 -0.5pp $-698 base $-777 +0.5pp $-857 +1.0pp $-939

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
$77,433
Closing costs
$9,292
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 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1129 Macon Rd Perry, GA 3.0 2.0 1500 $1,500 $1.00 0d 1 0.18mi
705 Charlse Dr Perry, GA 3.0 2.0 1761 $1,600 $0.91 0d 1 0.24mi
1215 Macon Rd Perry, GA 3.0 2.5 1768 $1,450 $0.82 7d 1 0.38mi
1304 Georgia Ave Perry, GA 4.0 2.0 1485 $3,500 $2.36 5d 1 0.48mi
1304 Georgia Ave Perry, GA 4.0 2.0 1485 $3,500 $2.36 184d 1 0.48mi
1311 Georgia Ave Perry, GA 3.0 2.0 1716 $1,400 $0.82 36d 1 0.54mi
1218 Creekwood Dr Perry, GA 4.0 2.0 1545 $1,695 $1.10 0d 1 0.79mi
1218 Creekwood Dr Perry, GA 4.0 2.0 1545 $1,900 $1.23 184d 1 0.79mi
1301 Tucker Rd Perry, GA 4.0 3.0 1852 $1,700 $0.92 22d 1 0.93mi
1115 Kingston Rd Perry, GA 4.0 3.0 1740 $2,000 $1.15 162d 1 1.06mi
528 Ansley Ave Perry, GA 3.0 2.0 1862 $1,700 $0.91 8d 1 1.15mi
105 Sherwood Rd Perry, GA 3.0 1.5 1418 $1,350 $0.95 0d 1 1.23mi
304 Christopher Luke Cir Perry, GA 3.0 2.0 1769 $2,095 $1.18 184d 1 1.24mi
1739 Houston Lake Rd Perry, GA 3.0 2.0 2163 $1,895 $0.88 184d 1 1.30mi
1726 Greenwood Cir Perry, GA 3.0 2.0 1647 $3,990 $2.42 0d 1 1.31mi
1726 Greenwood Cir Perry, GA 3.0 2.0 1647 $3,490 $2.12 184d 1 1.31mi
316 Julianne St Perry, GA 3.0 2.0 2297 $1,825 $0.79 184d 1 1.40mi

Property features AI

Finance

Other
Listing accepts Cash, Conventional, FHA, and VA financingHome warranty included
HOA & community
Homeowners association with $400 initiation/association fee (includes management fee)

Exterior

Parking
2 parking spacesAttached garage with garage door openerGuest parking
Utilities
Public waterPublic sewerElectricity availableHigh-speed internet availableUnderground utilitiesSewer availableWater available
Home design
Single-family houseResidential propertyTwo-storyDetachedStructure type: House
Construction
Built in 2026Brick and concrete constructionComposition roofSlab foundation
Exterior features
PatioPorchUnder construction

Interior

Kitchen
Breakfast areaKitchen islandPantrySolid surface countersDishwasherMicrowaveStainless steel appliancesElectric water heater
Bedrooms
4 bedrooms
Flooring
CarpetLaminateVinyl
Bathrooms
2 full bathrooms1 half bathroom (total 2.5 bathrooms)
Heating & cooling
Central heating (electric)Central air (electric)Ceiling fans
Interior features
Double vanityHigh ceilingsTray ceilingsWalk-in closetsNo common wallsTwo levelsFamily room, foyer, and laundry room
Laundry & utility
Laundry located in hall on upper level

Listing history 50 events

  1. 2026-11-08
    days on market $294,795 Active 157 DOM
  2. 2026-11-07
    days on market $294,795 Active 156 DOM
  3. 2026-11-06
    days on market $294,795 Active 155 DOM
  4. 2026-11-05
    days on market $294,795 Active 154 DOM
  5. 2026-11-04
    days on market $294,795 Active 153 DOM
  6. 2026-11-02
    days on market $294,795 Active 151 DOM
  7. 2026-11-01
    days on market $294,795 Active 150 DOM
  8. 2026-10-31
    days on market $294,795 Active 149 DOM
  9. 2026-10-30
    days on market $294,795 Active 148 DOM
  10. 2026-10-29
    days on market $294,795 Active 147 DOM
  11. 2026-10-28
    days on market $294,795 Active 146 DOM
  12. 2026-10-27
    days on market $294,795 Active 145 DOM
  13. 2026-10-26
    days on market $294,795 Active 144 DOM
  14. 2026-10-25
    days on market $294,795 Active 143 DOM
  15. 2026-10-24
    days on market $294,795 Active 142 DOM
  16. 2026-10-23
    days on market $294,795 Active 141 DOM
  17. 2026-10-22
    days on market $294,795 Active 140 DOM
  18. 2026-10-21
    days on market $294,795 Active 139 DOM
  19. 2026-10-20
    days on market $294,795 Active 138 DOM
  20. 2026-10-19
    days on market $294,795 Active 137 DOM
  21. 2026-10-18
    days on market $294,795 Active 136 DOM
  22. 2026-10-17
    days on market $294,795 Active 135 DOM
  23. 2026-10-16
    days on market $294,795 Active 134 DOM
  24. 2026-10-15
    days on market $294,795 Active 133 DOM
  25. 2026-10-14
    days on market $294,795 Active 132 DOM
  26. 2026-10-13
    days on market $294,795 Active 131 DOM
  27. 2026-10-12
    days on market $294,795 Active 130 DOM
  28. 2026-10-11
    days on market $294,795 Active 129 DOM
  29. 2026-10-10
    days on market $294,795 Active 128 DOM
  30. 2026-10-09
    days on market $294,795 Active 127 DOM
  31. 2026-10-08
    days on market $294,795 Active 126 DOM
  32. 2026-10-07
    days on market $294,795 Active 125 DOM
  33. 2026-10-06
    days on market $294,795 Active 124 DOM
  34. 2026-10-05
    days on market $294,795 Active 123 DOM
  35. 2026-10-04
    days on market $294,795 Active 122 DOM
  36. 2026-10-03
    days on market $294,795 Active 121 DOM
  37. 2026-10-02
    days on market $294,795 Active 120 DOM
  38. 2026-10-01
    days on market $294,795 Active 119 DOM
  39. 2026-09-30
    days on market $294,795 Active 118 DOM
  40. 2026-09-29
    days on market $294,795 Active 117 DOM
  41. 2026-09-28
    days on market $294,795 Active 116 DOM
  42. 2026-09-27
    days on market $294,795 Active 115 DOM
  43. 2026-09-26
    days on market $294,795 Active 114 DOM
  44. 2026-09-25
    days on market $294,795 Active 113 DOM
  45. 2026-09-24
    days on market $294,795 Active 112 DOM
  46. 2026-09-24
    days on market $294,795 Active 111 DOM
  47. 2026-09-22
    days on market $294,795 Active 110 DOM
  48. 2026-09-21
    days on market $294,795 Active 109 DOM
  49. 2026-09-20
    days on market $294,795 Active 108 DOM
  50. 2026-09-19
    days on market $294,795 Active 107 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,212
− Mortgage interest
−$17,350
− Property taxes
−$4,646
− Insurance
−$1,549
− Repairs & maintenance
−$1,697
− Management
−$1,697
− HOA
−$396
− Depreciation
−$9,010
Taxable loss
−$15,133
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,632
After-tax cash flow
$-5,693/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

Excellent 95/100 None rehab

This move-in-ready home is in excellent condition with modern finishes and a well-maintained exterior. Painting and landscaping improvements could further enhance its resale value.

Value-add opportunities

  • Resale Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and overall aesthetic of the home, making it more attractive to potential buyers. ↑
  • Resale Landscaping improvements — Enhancing the landscaping can increase the home's curb appeal and make it more attractive to potential buyers. ↑
F Composite school gradezoned avg 40/100

Zoned Schools

Elementary Morningside Elementary School F GA #582/1,228 Nat'l #24,950/41,679 Middle Perry Middle School C+ GA #60/470 Nat'l #3,033/14,009 High Perry High School F GA #84/424 Nat'l #9,567/17,239

Schools (NCES district)

District
Houston County
NCES district ID
1302880
Math proficiency
43% ▼ -7.00%
Reading proficiency
46% ▼ -2.00%
Median HH income
$54,823
Composite
38.68/100
National rank
#4144
State rank
#23 of 174 in GA
C Composite livability gradescore 68/100

Livability — Perry

Score
68/100
State rank
#149
US rank
#9757

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Perry, GA
County
Houston County · 169,502 people
City population
22,953
Metro
Warner Robins, GA
Population (ZIP)
22,953
Household income
$74,501
Rent vs Own
30.4% rent · 69.6% own
Severe rent burden
19% of renters

Population outlook (Houston County) Hauer SSP2

Today (2025)
169,502 people
By 2030
178,486 · +5.3%
By 2040
194,642 · +14.8%
By 2050
207,119 · +22.2%
By 2075
231,480 · +36.6%
By 2100
235,034 · +38.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 24% Hispanic / Latino 4% Asian 3% Two or more races 3%
Languages at home
96% English-only · Spanish 2% Chinese 1%

Political lean MEDSL · Houston

2024 margin
R (+11.3) · D 44.0% · R 55.3%
2008→2024 swing
+8.9pp toward D · 2008: -20.2pp · 2024: -11.3pp
All cycles
2024: R+11.3 2020: R+12.4 2016: R+21.6 2012: R+20.7 2008: R+20.2

Not yet ingested

Civics
—

Price history

1 event — show timeline
  • 2026-06-04 Listed $295,095 GAMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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