3552 Linecrest Rd · Panthersville, GA 30294

$130,000

3 bd · 1.0 ba · 1,315 sqft · SingleFamily public records · 186 Days on market

Built 1956 0.37 ac lot $99/sqft · 42% below area Est $224k · 42% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• Rent growth +3.6/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

BACK ON MARKET AT NO FAULT OF SELLER! Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

Key facts

• 0.37 acre lot
• Built 1956
• Listed 186 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $612 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.9% vs local median 5.3% in Panthersville — 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 66/100 on livability (#180 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools D+, employment D.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.6%/yr); 244 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.6% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 186 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 186 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 1956 — 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. 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.
7. 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.
8. 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: 1.47% ✓
• Cap rate: 11.94%
• Cash-on-cash: 20.18%
• DSCR: 1.90
• GRM: 5.7

CMA / ARV

• ARV (median comp): $223,680
• List price: $130,000
• Delta: -41.88%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4275 Ridgetop Dr	0.26mi	3/3.0	1,368 (+4%)	13mo	$148,000	$108	63
3308 Homeward Trl	0.07mi	3/2.0	1,456 (+11%)	16mo	$215,000	$148	62
4310 Westglen Dr	0.19mi	3/2.0	1,512 (+15%)	2mo	$199,900	$132	60
4071 River Rd	0.46mi	3/2.0	1,263 (-4%)	11mo	$200,000	$158	58
4293 Westglen Rd	0.14mi	3/2.0	1,128 (-14%)	13mo	$207,000	$184	55
3420 Lineview Dr	0.30mi	3/2.0	1,456 (+11%)	13mo	$230,000	$158	53
4261 Linecrest Ln	0.31mi	3/2.5	1,500 (+14%)	6mo	$240,000	$160	51
3339 Clevemont Ct	0.46mi	3/2.0	1,150 (-12%)	5mo	$210,000	$183	50
3440 Homeward Trl	0.27mi	3/2.0	1,512 (+15%)	12mo	$225,000	$149	48
3722 Linecrest Rd	0.40mi	3/2.5	1,440 (+10%)	18mo	$164,000	$114	44
4460 Sims Rd	0.26mi	4/2.0 (+1)	1,475 (+12%)	19mo	$249,599	$169	43
4248 Catalpa Ct	0.40mi	3/2.5	1,480 (+12%)	15mo	$235,170	$159	42

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 · 4.56% rent growth · sell at horizon

5-year hold

• IRR: 14.2%
• Equity multiple: 1.58×
• Total profit: $21,003
• Equity at exit: $19,383

10-year hold

• IRR: 24.1%
• Equity multiple: 3.24×
• Total profit: $81,526
• Equity at exit: $11,240

Cash invested: $36,400 (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 30294

• Home prices YoY: -25.0%
• Rents YoY: 4.6%
• Active inventory: 244
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,912 high
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$402
• Net cashflow: $612

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 63%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3303 Homeward Trl Ellenwood, GA	3.0	2.0	1456	$1,799	$1.24	22d	1	0.10mi
3378 Homeward Trl Ellenwood, GA	3.0	2.0	1176	$1,695	$1.44	21d	1	0.15mi
4402 Davana Dr Ellenwood, GA	3.0	1.0	1056	$1,608	$1.52	24d	1	0.17mi
3407 Homeward Trl Ellenwood, GA	3.0	2.0	1512	$1,695	$1.12	44d	1	0.21mi
3428 Homeward Trl Ellenwood, GA	3.0	2.0	1242	$1,795	$1.45	13d	1	0.26mi
3342 Crestview Ct Ellenwood, GA	3.0	2.0	1290	$1,601	$1.24	5d	1	0.44mi
3335 Crestview Ct Ellenwood, GA	3.0	2.5	1492	$1,650	$1.11	24d	1	0.44mi
4229 Catalpa Park Ellenwood, GA	3.0	2.0	1280	$1,675	$1.31	44d	1	0.46mi
37 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	44d	1	0.92mi
3821 River Rd Ellenwood, GA	3.0	2.0	1455	$2,195	$1.51	44d	1	0.93mi
39 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	13d	1	0.94mi
46 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	24d	1	0.99mi
48 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	19d	1	0.99mi
65 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	19d	1	1.03mi
67 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	19d	1	1.03mi
4068 Day Trl S Ellenwood, GA	4.0	2.0	1836	$2,100	$1.14	5d	1	1.18mi
3637 Windmill Rd Ellenwood, GA	3.0	1.0	1200	$1,695	$1.41	24d	1	1.23mi
3924 Chimney Ridge Ct Ellenwood, GA	3.0	2.0	1252	$2,000	$1.60	44d	1	1.31mi
3328 River Run Trl Decatur, GA	3.0	2.0	1665	$1,981	$1.19	2d	1	1.44mi
4023 Riverside Pkwy Decatur, GA	4.0	3.0	1870	$2,090	$1.12	44d	1	1.44mi
4910 Brookstone Pkwy Ellenwood, GA	4.0	3.0	1728	$1,995	$1.15	2d	1	1.47mi

Listing history 21 events

1. 2026-06-18
   days on market $130,000 Active 186 DOM
2. 2026-06-17
   days on market $130,000 Active 185 DOM
3. 2026-06-16
   days on market $130,000 Active 184 DOM
4. 2026-06-15
   days on market $130,000 Active 183 DOM
5. 2026-06-13
   days on market $130,000 Active 181 DOM
6. 2026-06-09
   days on market $130,000 Active 177 DOM
7. 2026-06-08
   days on market $130,000 Active 176 DOM
8. 2026-06-07
   days on market $130,000 Active 175 DOM
9. 2026-06-04
   days on market $130,000 Active 172 DOM
10. 2026-06-03
    days on market $130,000 Active 171 DOM
11. 2026-06-02
    days on market $130,000 Active 170 DOM
12. 2026-06-02
    status $130,000 Active 169 DOM
13. 2026-05-18
    status Under Contract 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER. Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

14. 2026-05-18
    historical Active Under Contract 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER. Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

15. 2026-05-07
    status Active 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER! Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

16. 2026-05-07
    status Back On Market 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER! Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

17. 2026-04-21
    status Pending 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER. Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

18. 2026-04-16
    historical Active Under Contract 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER. Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

19. 2026-04-16
    historical Active Under Contract 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER. Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

20. 2025-11-20
    listed $130,000 Active 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER. Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

21. 2025-11-19
    listed $130,000 New 240-char remark

    Show marketing remark (240 chars)

    BACK ON MARKET AT NO FAULT OF SELLER! Calling All Serious Investors!!! Fixer Upper! Excellent Property with Good Bones For The Money! Property Is Being Sold AS IS. No Seller Disclosure. Property appraised for $130k. Home Needs FULL TLC.

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,946
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,836
• − Management: −$1,836
• − Depreciation: −$3,782
• Taxable income: $5,611
• Est. tax owed @ 24.0%: −$1,347
• After-tax cash flow: $6,000/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: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Panthersville

• Score: 66/100
• State rank: #180
• US rank: #11244

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Henry County · 316,359 people
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 41,983
• Household income: $79,762
• Rent vs Own: 19.4% rent · 80.6% own
• Severe rent burden: 864.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (84%)
• Race & ethnicity: Black 84% Hispanic / Latino 7% Two or more races 6% White 6% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Hispanic 1%
• Foreign-born: 7% · Canada, Vietnam
• Languages at home: 91% English-only · Spanish 6% Vietnamese 1% French/Haitian/Cajun 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -70.99%
• Current HPI: 213.1999
• Rent YoY: ▲ 4.56%
• Metro: Atlanta-Sandy Springs-Alpharetta, 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

+0.0% since first listed

9 events — show timeline

• 2026-05-18 Pending — GAMLS
• 2026-05-18 Contingent — FMLS
• 2026-05-07 Relisted — FMLS
• 2026-05-07 Relisted — GAMLS
• 2026-04-21 Pending — FMLS
• 2026-04-16 Contingent — GAMLS
• 2026-04-16 Contingent — FMLS
• 2025-11-20 Listed $130,000 FMLS
• 2025-11-19 Listed $130,000 GAMLS

Property tax history

-8.5%/yr

Latest (2025): $160 · +2.1% YoY. Source: county tax records.