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Market MapGeorgiaThomas

Thomas County

GeorgiaPopulation: 45,665
76
/100
Strong Buy
#29 of 1,000 counties
#1 in Georgia (159 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated May 11, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$225,976
Median Home Price
3% below national median
$1,851/mo
Median Rent
23% above national median
9.83%
Rent-to-Price Ratio
Top 2% nationally
+$19
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Scenario comparison

Same $1,851/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.
ScenarioPurchase priceMonthly cash flowCap rateCash-on-cash
75% of median
value-add or distressed
$169,482+$315/mo8.5%+9.7%
Median
typical MLS deal
$225,976+$19/mo6.4%+0.4%
125% of median
newer / premium
$282,470-$277/mo5.1%-5.1%

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$225,976
Down Payment (20%)$45,195
Loan Amount$180,781
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,851
Monthly P&I-$1,185
Est. Expenses (35%)-$648
Net Cash Flow+$19/mo
6.4%
Cap Rate (all cash)
0.4%
Cash-on-Cash Return
9.83%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 6.4% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
76/100
76
Cash Flow(30%)
98/100

Based on 9.83% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
82/100

Based on 3.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
69/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (9.83%)
  • +Complete rent data available

Challenges

  • -Negative leverage (cap rate 6.4% < mortgage rate 6.9%)

Economic Indicators

Population
45,665
Median Income
$55,958
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.0x
Moderately affordable

Who this market fits

Best for
  • +Value-add operators who can buy below median and force rent up
Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
CurrentThomasGA
76$225,976$1,8519.83%Strong Buy
LanierGA
73$210,779$1,7239.81%BuyView
ToombsGA
72$169,068Est. pending—BuyView
TattnallGA
71$188,123Est. pending—BuyView
CookGA
68$157,160Est. pending—BuyView
SumterGA
66$131,351Est. pending—BuyView

The Bottom Line

Strong BuyThomas is a strong buy market with excellent fundamentals for buy-and-hold investors.

Thomas County in Georgia scores 76/100, ranking #29 of 1,000 US counties (top 4%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow (9.83% gross rent-to-price ratio). The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$19/mo
Cap Rate
6.4%
Cash-on-Cash
0.4%

Related markets

Markets like Thomas with stronger cash flow

  • Lanier County for cash-flow rentals

Cheaper alternatives to Thomas

  • Sumter County, lower entry price
  • Cook County, lower entry price
  • Toombs County, lower entry price

Head-to-head comparisons

  • Thomas vs Lanier for rentals
  • Thomas vs Toombs for rentals
  • Thomas vs Tattnall for rentals
All counties in Georgia →

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