908 Poole Bridge Rd · Hiram, GA 30141

$229,000

3 bd · 2.0 ba · 1,624 sqft · SingleFamily public records · 48 Days on market

Built 1994 0.46 ac lot $141/sqft · 33% below area Est $342k · 33% 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 +16.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• 1% rule +4.2/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

Key facts

• Outdoor space
• 0.46 acre lot
• 2 garage spots

Tags

• COMFORTABLE FUNCTIONAL LAYOUT
• OUTDOOR SPACE
• EASY ACCESS TO MAJOR ROADWAYS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $146 ($2k/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 $212k (7.6% below list).
• Recommended offer: $212k (7.6% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 3.8% in Hiram — 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 68/100 on livability (#152 in GA) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D+, schools D, crime F.
• Paulding County (suburban): math 39% / reading 42% proficiency, ranked #33 of 174 in GA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.9%/yr); 234 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,458 units permitted in Paulding County in 2024 (0 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 $7k of value loss. Plan a longer hold.
• Paulding County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 12y 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

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,623 (7.6% below list)

Questions for the listing agent

1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
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 F 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. 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.
6. 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.
7. 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: 0.92% ✗
• Cap rate: 7.06%
• Cash-on-cash: 2.74%
• DSCR: 1.12
• GRM: 9.0

CMA / ARV

• ARV (median comp): $341,602
• List price: $229,000
• Delta: -32.96%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
196 Lambeth Dr	0.60mi	3/2.0	1,674 (+3%)	4mo	$289,900	$173	63
133 Essex Ln	0.27mi	3/2.0	1,756 (+8%)	23mo	$309,000	$176	55
251 Lambeth Dr	0.66mi	3/2.0	1,475 (-9%)	2mo	$345,000	$234	52
133 Asbury Ln	0.69mi	3/2.0	1,482 (-9%)	4mo	$281,000	$190	50
74 Charlotte Pl	0.47mi	4/2.5 (+1)	1,692 (+4%)	21mo	$389,000	$230	46
59 Poole Bridge Ct	0.63mi	4/2.0 (+1)	1,800 (+11%)	2mo	$285,000	$158	46
55 Cross Pointe Ct	0.36mi	4/3.0 (+1)	1,816 (+12%)	12mo	$344,018	$189	44
14 Hollow Springs Dr	0.73mi	3/2.5	1,542 (-5%)	21mo	$275,000	$178	38
57 Poole Brg	0.64mi	3/2.0	1,380 (-15%)	15mo	$275,000	$199	32
43 Thornbush Ct	0.67mi	3/3.0	1,860 (+14%)	14mo	$360,000	$194	29
27 Edgar Ct	0.70mi	4/2.5 (+1)	1,856 (+14%)	11mo	$305,000	$164	27

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 · 2.9% rent growth · sell at horizon

5-year hold

• IRR: -12.1%
• Equity multiple: 0.56×
• Total profit: $-27,999
• Equity at exit: $34,145

10-year hold

• IRR: -3.1%
• Equity multiple: 0.79×
• Total profit: $-13,258
• Equity at exit: $19,800

Cash invested: $64,120 (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 30141

• Home prices YoY: -17.3%
• Rents YoY: 2.9%
• Active inventory: 234
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,116 high
• Mortgage (P&I): −$1,201
• Tax from tax record: −$229 /mo · $2,749/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$444
• Net cashflow: $146

Break-even live

Break-even rent $1,931

Max offer price $229,000

Occupancy floor 88%

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
35 Pooles Bend Way Hiram, GA	3.0	2.0	1883	$1,839	$0.98	44d	1	0.28mi
161 Poole Bridge Dr Hiram, GA	4.0	2.5	1798	$2,186	$1.22	5d	1	0.53mi
66 Misty Ridge Pt Hiram, GA	3.0	2.0	1945	$1,899	$0.98	44d	1	0.77mi
300 Austin Dr Douglasville, GA	4.0	2.0	1699	$1,990	$1.17	22d	1	0.89mi
550 Austin Bridge Rd Douglasville, GA	3.0	2.0	1325	$1,675	$1.26	5d	1	1.23mi

Listing history 35 events

1. 2026-05-13
   status Back On Market 715-char remark

   Show marketing remark (715 chars)

   Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

2. 2026-05-13
   status Active 715-char remark

   Show marketing remark (715 chars)

   Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

3. 2026-04-15
   status Under Contract 715-char remark

   Show marketing remark (715 chars)

   Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

4. 2026-04-15
   status Pending 715-char remark

   Show marketing remark (715 chars)

   Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

5. 2026-03-13
   listed $229,000 New 715-char remark

   Show marketing remark (715 chars)

   Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

6. 2026-03-13
   listed $229,000 Active 715-char remark

   Show marketing remark (715 chars)

   Welcome to this inviting home located in the growing Hiram area of Paulding County. This residence offers a comfortable and functional layout designed for both everyday living and entertaining. The main living area provides a welcoming atmosphere that flows naturally into the dining and kitchen spaces, creating an ideal setting for gatherings and daily routines. The bedrooms offer relaxing retreats, while the outdoor space provides room to enjoy fresh air, gardening, or weekend get-togethers. Conveniently situated near shopping, dining, parks, and major roadways, this home offers easy access to Hiram, Dallas, and the greater northwest metro Atlanta area while maintaining the charm of a residential setting.

7. 2025-11-07
   historical $2,075
8. 2025-11-01
   listed $2,075
9. 2025-11-01
   historical $2,075
10. 2025-10-05
    listed $2,075
11. 2020-10-09
    soldstatus $7,769,765
12. 2015-02-13
    price $80,200
13. 2015-01-30
    price $80,200
14. 2015-01-30
    historical
15. 2015-01-29
    soldstatus $80,200 Sold
16. 2015-01-29
    soldstatus $80,200 Sold
17. 2015-01-29
    price $85,000
18. 2015-01-17
    historical Contingent - Due Diligence
19. 2015-01-17
    status Under Contract
20. 2015-01-17
    price $85,000
21. 2015-01-10
    price $85,000
22. 2015-01-09
    price $85,000
23. 2015-01-02
    listed $89,900 Active
24. 2015-01-02
    price $89,900
25. 2015-01-02
    price $89,900
26. 2014-12-30
    historical
27. 2014-11-25
    status Back On Market
28. 2014-11-25
    status Active
29. 2014-11-23
    status Pending
30. 2014-11-17
    status Under Contract
31. 2014-11-17
    historical Contingent - Due Diligence
32. 2014-10-14
    listed $99,900 New
33. 2014-10-14
    listed $99,900 Active
34. 1994-05-09
    soldstatus $75,600
35. 1993-03-22
    soldstatus $11,000

ⓘ 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: $2,749 · $229/mo
• Projected year-2 tax: $2,749 · $229/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $25,395
• − Mortgage interest: −$12,828
• − Property taxes: −$2,749
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,032
• − Management: −$2,032
• − Depreciation: −$6,662
• Taxable loss: −$2,052
• Est. tax savings @ 24.0%: +$492
• After-tax cash flow: $2,249/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: Paulding County
• NCES district ID: 1304020
• Math proficiency: 39% ▼ -6.00%
• Reading proficiency: 42% ▼ -7.00%
• Median HH income: $61,447
• Composite: 36.0/100
• National rank: #4784
• State rank: #33 of 174 in GA

Livability — Hiram

• Score: 68/100
• State rank: #152
• US rank: #9861

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Paulding County · 134,013 people
• City population: 27,220
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 27,220
• Household income: $86,824
• Rent vs Own: 25.5% rent · 74.5% own
• Severe rent burden: 498.0

Population outlook (Paulding County) Hauer SSP2

• Today (2025): 175,714 people
• By 2030: 186,082 · +5.9%
• By 2040: 204,414 · +16.3%
• By 2050: 217,040 · +23.5%
• By 2075: 236,980 · +34.9%
• By 2100: 238,314 · +35.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 52% Black 33% Two or more races 9% Hispanic / Latino 8% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 3% Lithuanian 2% Iranian 2%
• Foreign-born: 10% · Canada
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 1%

Political lean MEDSL · Paulding

• 2024 margin: Strong R (+24.1) · D 37.6% · R 61.7%
• 2008→2024 swing: +14.4pp toward D · 2008: -38.5pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+29.1 2016: R+41.2 2012: R+43.6 2008: R+38.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.28%
• Current HPI: 197.6767
• Rent YoY: ▲ 2.90%
• 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

+1981.8% since first listed

35 events — show timeline

• 2026-05-13 Relisted — GAMLS
• 2026-05-13 Relisted — FMLS
• 2026-04-15 Pending — GAMLS
• 2026-04-15 Pending — FMLS
• 2026-03-13 Listed $229,000 FMLS
• 2026-03-13 Listed $229,000 GAMLS
• 2025-11-07 Rental Removed $2,075 ZUMPER1
• 2025-11-01 Listed for Rent $2,075 ZUMPER1
• 2025-11-01 Rental Removed $2,075 RENTLY
• 2025-10-05 Listed for Rent $2,075 RENTLY
• 2020-10-09 Sold (Public Records) $7,769,765 Public Records
• 2015-02-13 Price Changed $80,200 GAMLS
• 2015-01-30 Price Changed $80,200 FMLS
• 2015-01-30 Listing Removed — FMLS
• 2015-01-29 Sold (MLS) $80,200 GAMLS
• 2015-01-29 Price Changed $85,000 FMLS
• 2015-01-29 Sold (MLS) $80,200 FMLS
• 2015-01-17 Contingent — FMLS
• 2015-01-17 Pending — GAMLS
• 2015-01-17 Price Changed $85,000 GAMLS
• 2015-01-10 Price Changed $85,000 GAMLS
• 2015-01-09 Price Changed $85,000 FMLS
• 2015-01-02 Listed $89,900 FMLS
• 2015-01-02 Price Changed $89,900 GAMLS
• 2015-01-02 Price Changed $89,900 FMLS
• 2014-12-30 Listing Removed — FMLS
• 2014-11-25 Relisted — GAMLS
• 2014-11-25 Relisted — FMLS
• 2014-11-23 Pending — FMLS
• 2014-11-17 Pending — GAMLS
• 2014-11-17 Contingent — FMLS
• 2014-10-14 Listed $99,900 GAMLS
• 2014-10-14 Listed $99,900 FMLS
• 1994-05-09 Sold (Public Records) $75,600 Public Records
• 1993-03-22 Sold (Public Records) $11,000 Public Records

Property tax history

+5.0%/yr

Latest (2025): $2,749 · -6.7% YoY. Source: county tax records.