1482 Cassville Rd NW · Cartersville, GA 30121

$230,000

3 bd · 2.0 ba · 1,346 sqft · SingleFamily public records · 27 Days on market

Built 1985 0.86 ac lot Est $296k · 22% under

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Why this score? — see what drove the D+ 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 +15.0/15.0
• Cash flow +13.9/30.0
• DSCR +4.2/10.0
• Livability +3.7/5.0
• 1% rule +3.3/10.0
• Schools +2.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3BR/2BA ranch in Cartersville with tons of potential! Perfect opportunity for investors or first-time home buyers looking to add personal touches. Features include solar panels to help reduce electricity costs, a functional single-level layout, and a fenced backyard with chain-link fencing. Convenient location near dining, parks and downtown Cartersville. Great value and opportunity!

Key facts

• Single-level layout
• Convenient location
• Solar panels

Tags

• SOLAR PANELS
• SINGLE-LEVEL LAYOUT
• FENCED BACKYARD
• CONVENIENT LOCATION

Property features AI

Exterior

• Parking: Driveway parking; Open parking available
• Utilities: Public water; Septic tank sewer; Electricity available (other electric service)
• Home design: Single-story (one level)
• Construction: Vinyl siding exterior; Shingle roof; Block and pier/pillar foundation; Resale condition
• Exterior features: Deck; Back yard with chain-link fencing; Other exterior features; Solar panels / solar energy generation

Interior

• Kitchen: Kitchen with laminate counters; Refrigerator included
• Bedrooms: Three main-level bedrooms; Primary bedroom on the main level
• Flooring: Laminate flooring
• Bathrooms: Two full bathrooms; Master bath with shower (no tub)
• Heating & cooling: Central heating; Electric cooling
• Interior features: One fireplace with a wood-burning stove; No shared/common walls; Other interior features
• Laundry & utility: Laundry located on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $25 ($300/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 $190k (17.3% below list).
• Recommended offer: $190k (17.3% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 3.7% in Cartersville — 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 74/100 on livability (#43 in GA, #4,800 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities A; Watch: commute F.
• Bartow County (rural): math 33% / reading 34% proficiency, ranked #70 of 174 in GA (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hamilton Crossing Elementary School (math 21% / reading 32%, grade F, #718 of 1,228 statewide, top 59%, 597 students, 54% FRL); Cass Middle School (math 35% / reading 36%, grade F, #185 of 470 statewide, top 40%, 879 students, 58% FRL); Cass High School (math 17% / reading 25%, grade F, #225 of 424 statewide, top 54%, 1,551 students, 51% FRL) — zoned schools at 54% FRL track the district average.
• Market conditions: Rents flat; 197 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,618 units permitted in Bartow County in 2024 (265 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.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 9y ago; this cycle's ask has dropped $35k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $190,101 (17.3% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 0.83% ✗
• Cap rate: 6.42%
• Cash-on-cash: 0.47%
• DSCR: 1.02
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $296,120
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13 Nottingham Dr NW	0.44mi	3/2.0	1,406 (+4%)	4mo	$349,000	$248	68
55 Irwin St NW	0.44mi	3/2.0	1,416 (+5%)	7mo	$190,000	$134	64
21 Cannon Cir NW	0.53mi	3/2.0	1,335 (-1%)	11mo	$283,000	$212	64
50 Jones St NW	0.33mi	3/2.0	1,196 (-11%)	5mo	$170,000	$142	62
26 Nottingham Dr NW	0.29mi	3/2.0	1,215 (-10%)	11mo	$299,900	$247	61
257 Mac Johnson Rd NW	0.58mi	4/2.0 (+1)	1,360 (+1%)	19mo	$299,000	$220	50
23 Alisha Cir NW	0.29mi	3/2.0	1,170 (-13%)	22mo	$274,000	$234	46

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 · 0.88% rent growth · sell at horizon

5-year hold

• IRR: -17.8%
• Equity multiple: 0.38×
• Total profit: $-39,691
• Equity at exit: $34,294

10-year hold

• IRR: -14.3%
• Equity multiple: 0.25×
• Total profit: $-48,296
• Equity at exit: $19,886

Cash invested: $64,400 (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 30121

• Home prices YoY: -13.2%
• Rents YoY: 0.9%
• Active inventory: 197
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,901 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$175 /mo · $2,098/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $25

Break-even live

Break-even rent $1,869

Max offer price $230,000

Occupancy floor 94%

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
23 Hamilton Blvd NW Cartersville, GA	3.0	2.0	1566	$1,796	$1.15	7d	1	0.83mi
590 Summerfield Ln NW Cartersville, GA	3.0	2.0	1744	$1,540	$0.88	7d	1	1.10mi

Listing history 47 events

1. 2026-06-18
   days on market $230,000 Active 27 DOM
2. 2026-06-17
   days on market $230,000 Active 26 DOM
3. 2026-06-16
   days on market $230,000 Active 25 DOM
4. 2026-06-15
   days on market $230,000 Active 24 DOM
5. 2026-06-13
   days on market $230,000 Active 22 DOM
6. 2026-06-09
   pricedays on market $230,000 Active 18 DOM
7. 2026-06-08
   days on market $265,000 Active 17 DOM
8. 2026-06-07
   days on market $265,000 Active 16 DOM
9. 2026-06-04
   days on market $265,000 Active 13 DOM
10. 2026-06-03
    days on market $265,000 Active 12 DOM
11. 2026-06-02
    days on market $265,000 Active 11 DOM
12. 2026-06-01
    days on market $265,000 Active 10 DOM
13. 2026-05-31
    days on market $265,000 Active 9 DOM
14. 2026-05-21
    listed $265,000 New 395-char remark

    Show marketing remark (395 chars)

    Charming 3BR/2BA ranch in Cartersville with tons of potential! Perfect opportunity for investors or first-time home buyers looking to add personal touches. Features include solar panels to help reduce electricity costs, a functional single-level layout, and a fenced backyard with chain-link fencing. Convenient location near dining, parks and downtown Cartersville. Great value and opportunity!

15. 2026-05-21
    listed $265,000 Active

    Show marketing remark (395 chars)

    Charming 3BR/2BA ranch in Cartersville with tons of potential! Perfect opportunity for investors or first-time home buyers looking to add personal touches. Features include solar panels to help reduce electricity costs, a functional single-level layout, and a fenced backyard with chain-link fencing. Convenient location near dining, parks and downtown Cartersville. Great value and opportunity!

16. 2023-03-28
    soldstatus $205,000
17. 2023-03-24
    soldstatus $205,000 Closed 268-char remark

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

18. 2023-03-24
    soldstatus $205,000 Sold

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

19. 2023-02-22
    status Under Contract

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

20. 2023-02-22
    status Pending 268-char remark

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

21. 2023-01-31
    price $193,000

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

22. 2023-01-31
    price $193,000 268-char remark

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

23. 2023-01-09
    price $200,000

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

24. 2023-01-09
    price $200,000 268-char remark

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

25. 2022-11-27
    price $205,000

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

26. 2022-11-27
    price $205,000 268-char remark

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

27. 2022-11-09
    listed $210,000 Active 268-char remark

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

28. 2022-11-09
    listed $210,000 New

    Show marketing remark (268 chars)

    Great opportunity awaits you! This 3 bedroom 2 bath ranch home with a fenced in yard is in need of a bit of TLC. Newer Roof and HVAC system. Don't miss out on this great opportunity sitting on almost an acre. Close to town with abundance of shopping and restaurants.

29. 2019-03-04
    soldstatus $116,500
30. 2019-02-28
    soldstatus $116,500 Closed
31. 2019-02-28
    soldstatus $116,500 Sold
32. 2019-02-08
    status Under Contract
33. 2019-02-05
    historical
34. 2019-02-02
    status Pending
35. 2019-01-29
    listed $115,000 Active
36. 2019-01-29
    listed $115,000 New
37. 2019-01-29
    listed $115,000 New
38. 2017-08-04
    historical Pending
39. 2017-08-04
    soldstatus $84,000 Sold
40. 2017-07-25
    status Active
41. 2017-07-10
    historical Contingent - Due Diligence
42. 2017-06-19
    price $89,900
43. 2017-06-13
    historical
44. 2017-04-04
    listed $94,900 New
45. 2017-03-31
    listed $94,900 Active
46. 1998-12-01
    soldstatus $69,000
47. 1998-03-01
    soldstatus $55,000

ⓘ 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: $2,098 · $175/mo
• Projected year-2 tax: $2,116 · $176/mo
• Expected delta: +$18/yr (+$1/mo · 0.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,812
• − Mortgage interest: −$12,884
• − Property taxes: −$2,098
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,825
• − Management: −$1,825
• − Depreciation: −$6,691
• Taxable loss: −$3,660
• Est. tax savings @ 24.0%: +$879
• After-tax cash flow: $1,178/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: Bartow County
• NCES district ID: 1300330
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 34% ▼ -7.00%
• Median HH income: $50,596
• Composite: 29.16/100
• National rank: #6577
• State rank: #70 of 174 in GA

Livability — Cartersville

• Score: 74/100
• State rank: #43
• US rank: #4800

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bartow County · 85,497 people
• City population: 70,885
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 25,989
• Household income: $78,366
• Rent vs Own: 35.9% rent · 64.1% own
• Severe rent burden: 731.0

Population outlook (Bartow County) Hauer SSP2

• Today (2025): 107,887 people
• By 2030: 109,594 · +1.6%
• By 2040: 111,038 · +2.9%
• By 2050: 109,046 · +1.1%
• By 2075: 99,484 · -7.8%
• By 2100: 83,431 · -22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 12% Black 12% Two or more races 8%
• Hispanic origin (detail): Mexican 9% Puerto Rican 2%
• Common ancestry: Slovak 2% Lithuanian 1% Romanian 1%
• Foreign-born: 6% · Canada
• Languages at home: 88% English-only · Spanish 9% Other Indo-European 1% Russian/Polish/Slavic 0%

Political lean MEDSL · Bartow

• 2024 margin: Solid R (+51.0) · D 24.2% · R 75.2%
• 2008→2024 swing: -5.8pp toward R · 2008: -45.2pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+50.7 2016: R+55.2 2012: R+51.7 2008: R+45.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.71%
• Current HPI: 314.4117
• Rent YoY: ▲ 0.88%
• 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

+381.8% since first listed

34 events — show timeline

• 2026-05-21 Listed $265,000 FMLS
• 2026-05-21 Listed $265,000 GAMLS
• 2023-03-28 Sold (Public Records) $205,000 Public Records
• 2023-03-24 Sold (MLS) $205,000 GAMLS
• 2023-03-24 Sold (MLS) $205,000 FMLS
• 2023-02-22 Pending — GAMLS
• 2023-02-22 Pending — FMLS
• 2023-01-31 Price Changed $193,000 GAMLS
• 2023-01-31 Price Changed $193,000 FMLS
• 2023-01-09 Price Changed $200,000 GAMLS
• 2023-01-09 Price Changed $200,000 FMLS
• 2022-11-27 Price Changed $205,000 GAMLS
• 2022-11-27 Price Changed $205,000 FMLS
• 2022-11-09 Listed $210,000 GAMLS
• 2022-11-09 Listed $210,000 FMLS
• 2019-03-04 Sold (Public Records) $116,500 Public Records
• 2019-02-28 Sold (MLS) $116,500 GAMLS
• 2019-02-28 Sold (MLS) $116,500 FMLS
• 2019-02-08 Pending — GAMLS
• 2019-02-05 Listing Removed — GAMLS
• 2019-02-02 Pending — FMLS
• 2019-01-29 Listed $115,000 GAMLS
• 2019-01-29 Listed $115,000 GAMLS
• 2019-01-29 Listed $115,000 FMLS
• 2017-08-04 Contingent — FMLS
• 2017-08-04 Sold (MLS) $84,000 FMLS
• 2017-07-25 Relisted — FMLS
• 2017-07-10 Contingent — FMLS
• 2017-06-19 Price Changed $89,900 FMLS
• 2017-06-13 Listing Removed — GAMLS
• 2017-04-04 Listed $94,900 GAMLS
• 2017-03-31 Listed $94,900 FMLS
• 1998-12-01 Sold (Public Records) $69,000 Public Records
• 1998-03-01 Sold (Public Records) $55,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $2,098 · +5.3% YoY. Source: county tax records.