4807 Palamor Dr · Brunswick, GA 31520

$209,900

4 bd · 3.0 ba · 2,414 sqft · SingleFamily public records · 130 Days on market

Built 1967 9,147 sqft lot $87/sqft · 14% below area Est $245k · 14% under

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Why this score? — see what drove the C 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 +20.2/30.0
• ARV discount +13.9/15.0
• DSCR +6.4/10.0
• 1% rule +4.0/10.0
• Rent growth +3.8/5.0
• Schools +3.4/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

Key facts

• Metal roof
• Brick exterior
• Updated kitchen

Tags

• BRICK EXTERIOR
• UPDATED KITCHEN
• STAINLESS STEEL APPLIANCES
• WOOD-LOOK TILE FLOORING
• METAL ROOF
• FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $266 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (10.0% below list).
• Recommended offer: $185k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 3.5% 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, schools D-, amenities 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.
• Market conditions: Rents rising fast (+5.1%/yr); 183 active listings in the ZIP; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 734 units permitted in Glynn County in 2024 (136 in 5+ unit buildings).
• At $1,890/mo this rent would consume 57% of the median local household income ($40k/yr) (locally 1406% of renters already pay >50% of income on rent) — 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 130 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 26y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $76k; list at $210k implies a 177% 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; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $184,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 130 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.90% ✗
• Cap rate: 7.81%
• Cash-on-cash: 5.43%
• DSCR: 1.24
• GRM: 9.3

CMA / ARV

• ARV (median comp): $244,597
• List price: $209,900
• Delta: -14.19%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4807 Palamor Dr	0.00mi	4/3.0	2,414 (0%)	0mo	$180,000	$75	100
168 Palmera Ln	0.75mi	4/3.0	2,117 (-12%)	9mo	$350,000	$165	37
208 Stafford Ave	0.50mi	3/2.0 (-1)	2,067 (-14%)	10mo	$235,000	$114	36
2239 Poinsettia Cir	0.71mi	3/2.0 (-1)	2,132 (-12%)	21mo	$65,000	$30	21

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: -5.9%
• Equity multiple: 0.78×
• Total profit: $-13,148
• Equity at exit: $31,297

10-year hold

• IRR: 5.8%
• Equity multiple: 1.46×
• Total profit: $27,207
• Equity at exit: $18,148

Cash invested: $58,772 (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 31520

• Rents YoY: 5.1%
• Active inventory: 183
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,890 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$39 /mo · $469/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $266

Break-even live

Break-even rent $1,554

Max offer price $209,900

Occupancy floor 81%

Sensitivity live

Price	-10% $385	-5% $325	+0% $266	+5% $207	+10% $147
Rent	-10% $117	-5% $191	+0% $266	+5% $341	+10% $415
Rate	-1.0pp $372	-0.5pp $319	base $266	+0.5pp $212	+1.0pp $156

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2226 Formosa Cir Brunswick, GA	4.0	2.0	1600	$1,750	$1.09	45d	1	0.65mi

Listing history 10 events

1. 2026-04-27
   price $209,900 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

2. 2026-04-17
   status Active 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

3. 2026-03-19
   status Pending 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

4. 2026-03-17
   status Active 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

5. 2026-03-12
   status Pending 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

6. 2026-03-09
   status Active 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

7. 2026-03-05
   status Pending 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

8. 2025-12-11
   listed $229,900 Active 1144-char remark

   Show marketing remark (1144 chars)

   Looking for space, convenience, and long-term savings? This large brick ranch delivers it all. With four bedrooms and three full bathrooms, including two private ensuites, this home offers flexibility for families, guests, or even rental potential. Low-maintenance brick exterior built to lastMinutes from shopping and the beaches — enjoy lifestyle perks without the premium price Updated kitchen with stainless steel appliances and modern cabinets, seamlessly connected to the open dining and family room for easy entertainingHigh-quality wood-look tile flooring in the family room — stylish, durable, and budget-friendly upkeep Major upgrades already done; metal roof (6 years old) and HVAC (3 years old) — saving you thousands in future expensesLarge fenced backyard with two storage sheds, perfect for hobbies, storage, or outdoor funExpansive rear deck designed for gatherings without costly renovationsThis home combines location, space, and smart updates — giving you the peace of mind that big-ticket items are already taken care of. A true must-see for buyers who want maximum value without sacrificing comfort!

9. 2001-01-26
   soldstatus $75,700
10. 2000-05-15
    listed $75,000

ⓘ 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: $469 · $39/mo
• Projected year-2 tax: $1,931 · $161/mo
• Expected delta: +$1,462/yr (+$122/mo · 311.6%)

ⓘ 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 (unshaded) · 26% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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: $22,682
• − Mortgage interest: −$11,758
• − Property taxes: −$469
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,815
• − Management: −$1,815
• − Depreciation: −$6,106
• Taxable loss: −$330
• Est. tax savings @ 24.0%: +$79
• After-tax cash flow: $3,270/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: 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

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 · 69,019 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: 1406.0

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%

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%

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

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

+179.9% since first listed

10 events — show timeline

• 2026-04-27 Price Changed $209,900 GIAR
• 2026-04-17 Relisted — GIAR
• 2026-03-19 Pending — GIAR
• 2026-03-17 Relisted — GIAR
• 2026-03-12 Pending — GIAR
• 2026-03-09 Relisted — GIAR
• 2026-03-05 Pending — GIAR
• 2025-12-11 Listed $229,900 GIAR
• 2001-01-26 Sold (MLS) $75,700 GIAR
• 2000-05-15 Listed $75,000 GIAR

Property tax history

-8.4%/yr

Latest (2025): $469 · +1.0% YoY. Source: county tax records.