159 Jenna Ln · Hiram, GA 30157

$335,000

4 bd · 3.5 ba · 2,323 sqft · SingleFamily public records · 79 Days on market

Built 2005 0.49 ac lot $144/sqft · 11% below area Est $376k · 11% 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 +12.4/15.0
• Cash flow +10.3/30.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• DSCR +2.9/10.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

Key facts

• 0.49 acre lot
• 2 garage spots
• Built 2005

What this means for you Summary

Snapshot

• This is a 4-bed/3.5-bath single-family listed at $335k.

Deal economics

• At list price, monthly cash flow is $-187 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $302k (9.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (24.9% below list).
• Recommended offer: $252k (24.9% below list) — sets the bar for 1% rule.
• Cap rate 5.6% 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 soft (-2.8%/yr); 614 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,458 units permitted in Paulding County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($94k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 79 days — a 6% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask has dropped $65k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $251,702 (24.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
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 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.75% ✗
• Cap rate: 5.62%
• Cash-on-cash: -2.39%
• DSCR: 0.89
• GRM: 11.1

CMA / ARV

• ARV (median comp): $375,834
• List price: $335,000
• Delta: -10.87%
• 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
510 Ajo Way	0.38mi	4/3.0	2,400 (+3%)	15mo	$415,900	$173	62
188 Cooper Creek Dr	0.63mi	4/3.0	2,324 (0%)	9mo	$400,000	$172	61
171 Lazy Water Dr	0.21mi	3/2.0 (-1)	2,100 (-10%)	8mo	$297,900	$142	57
5035 Villa Rica Hwy	0.42mi	4/2.5	2,176 (-6%)	11mo	$500,000	$230	56
15 Jessica Ln	0.47mi	4/2.5	2,170 (-7%)	9mo	$304,100	$140	56
83 Nyishol Way	0.31mi	4/2.5	2,623 (+13%)	6mo	$375,000	$143	55
59 Carmen Ln	0.66mi	3/2.5 (-1)	2,300 (-1%)	6mo	$359,000	$156	53
141 Lynn Top Rdg	0.32mi	4/3.0	2,604 (+12%)	13mo	$487,405	$187	52
114 Roman Dr	0.48mi	4/3.0	2,034 (-12%)	7mo	$305,000	$150	49
381 Gainesborough Dr	0.54mi	4/3.5	2,534 (+9%)	14mo	$510,000	$201	48
509 Ajo Way	0.39mi	4/2.5	2,000 (-14%)	15mo	$387,000	$194	42
152 Cooper Creek Dr	0.64mi	3/2.0 (-1)	2,148 (-8%)	12mo	$329,900	$154	37

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -23.5%
• Equity multiple: 0.22×
• Total profit: $-73,601
• Equity at exit: $49,950

10-year hold

• IRR: -28.3%
• Equity multiple: -0.15×
• Total profit: $-108,106
• Equity at exit: $28,965

Cash invested: $93,800 (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 30157

• Home prices YoY: -9.4%
• Rents YoY: -2.8%
• Active inventory: 614
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,517 high
• Mortgage (P&I): −$1,757
• Tax from tax record: −$279 /mo · $3,346/yr
• Insurance: −$140
• HOA: −$0
• Vacancy / Maint / Mgmt: −$529
• Net cashflow: $-187

Break-even live

Break-even rent $2,753

Max offer price $302,014

Occupancy floor —

Sensitivity live

Price	-10% $3	-5% $-92	+0% $-187	+5% $-282	+10% $-376
Rent	-10% $-386	-5% $-286	+0% $-187	+5% $-87	+10% $12
Rate	-1.0pp $-18	-0.5pp $-102	base $-187	+0.5pp $-274	+1.0pp $-362

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
203 Ajo Way Dallas, GA	4.0	3.0	2900	$2,300	$0.79	4d	1	0.32mi
8 Ajo Way Dallas, GA	4.0	3.5	2500	$2,445	$0.98	25d	1	0.49mi
85 Jane Harris Rd Dallas, GA	4.0	2.5	2332	$2,550	$1.09	45d	1	0.49mi
123 Sorghum Ct Dallas, GA	4.0	3.0	2573	$2,261	$0.88	0d	1	1.05mi
87 Oconnor Dr Dallas, GA	3.0	2.0	1668	$1,865	$1.12	6d	1	1.12mi
42 Appleton Way Dallas, GA	4.0	2.5	1856	$1,951	$1.05	12d	1	1.42mi

Listing history 49 events

1. 2026-06-21
   days on market $335,000 Active 79 DOM
2. 2026-06-18
   days on market $335,000 Active 76 DOM
3. 2026-06-17
   days on market $335,000 Active 75 DOM
4. 2026-06-16
   days on market $335,000 Active 74 DOM
5. 2026-06-15
   days on market $335,000 Active 73 DOM
6. 2026-06-13
   days on market $335,000 Active 71 DOM
7. 2026-06-13
   remarks 695-char remark
8. 2026-06-13
   days on market $335,000 Active 70 DOM
9. 2026-06-09
   days on market $335,000 Active 67 DOM
10. 2026-06-08
    days on market $335,000 Active 66 DOM
11. 2026-06-07
    days on market $335,000 Active 65 DOM
12. 2026-06-04
    days on market $335,000 Active 62 DOM
13. 2026-06-03
    days on market $335,000 Active 61 DOM
14. 2026-06-02
    days on market $335,000 Active 60 DOM
15. 2026-06-01
    days on market $335,000 Active 59 DOM
16. 2026-05-31
    days on market $335,000 Active 58 DOM
17. 2026-05-06
    price $335,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

18. 2026-05-06
    price $335,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

19. 2026-05-01
    price $390,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

20. 2026-05-01
    price $390,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

21. 2026-04-17
    price $395,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

22. 2026-04-17
    price $395,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

23. 2026-04-03
    listed $400,000 Active 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

24. 2026-04-03
    listed $400,000 New 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

25. 2026-03-30
    historical $400,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

26. 2026-03-28
    historical $400,000 581-char remark

    Show marketing remark (581 chars)

    Motivated Seller! - Seller is open to offers. Submit your best offer. Beautiful Two-story home in Dallas, Georgia with an open-concept main floor featuring an eat-in kitchen, pantry, and breakfast bar overlooking the living area with fireplace. Includes a formal dining area and spacious bedrooms, including a master suite with walk-in closet and vaulted ceilings. The master bathroom offers a garden tub, separate shower, and dual vanities. Step outside to a large, fenced backyard and two-car garage. No HOA & Conveniently located near schools, shopping, and local amenities.

27. 2023-05-10
    soldstatus $345,000
28. 2023-05-08
    soldstatus $345,000 Sold
29. 2023-05-08
    soldstatus $345,000 Closed
30. 2023-04-05
    status Pending
31. 2023-03-30
    status Under Contract
32. 2023-03-30
    historical Active Under Contract
33. 2023-03-24
    listed $340,000 New
34. 2023-03-24
    listed $340,000 Active
35. 2014-05-16
    price $141,000
36. 2014-05-16
    historical
37. 2014-05-15
    price $141,000
38. 2014-04-28
    soldstatus $141,000
39. 2014-04-25
    soldstatus $141,000 Sold
40. 2014-04-25
    soldstatus $141,000 Sold
41. 2014-04-25
    price $149,900
42. 2014-03-19
    status Under Contract
43. 2014-03-19
    price $149,900
44. 2014-03-16
    status Pending
45. 2014-03-11
    historical Pending Approval
46. 2014-03-11
    historical Contingent - Due Diligence
47. 2014-02-27
    listed $149,900 New
48. 2014-02-25
    listed $149,900 Active
49. 2010-07-06
    soldstatus $150,000

ⓘ 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: $3,346 · $279/mo
• Projected year-2 tax: $3,346 · $279/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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,204
• − Mortgage interest: −$18,765
• − Property taxes: −$3,346
• − Insurance: −$1,675
• − Repairs & maintenance: −$2,416
• − Management: −$2,416
• − Depreciation: −$9,745
• Taxable loss: −$8,160
• Est. tax savings @ 24.0%: +$1,958
• After-tax cash flow: $-282/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): 53,445
• Household income: $93,625
• Rent vs Own: 16.9% rent · 83.1% own
• Severe rent burden: 375.0

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: Predominantly White (72%)
• Race & ethnicity: White 72% Black 13% Two or more races 9% Hispanic / Latino 8% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 5% French/Haitian/Cajun 1% Other Asian/Pacific 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: ▼ -34.28%
• Current HPI: 330.3487
• Rent YoY: ▼ -2.83%
• 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

+123.3% since first listed

33 events — show timeline

• 2026-05-06 Price Changed $335,000 GAMLS
• 2026-05-06 Price Changed $335,000 FMLS
• 2026-05-01 Price Changed $390,000 GAMLS
• 2026-05-01 Price Changed $390,000 FMLS
• 2026-04-17 Price Changed $395,000 GAMLS
• 2026-04-17 Price Changed $395,000 FMLS
• 2026-04-03 Listed $400,000 FMLS
• 2026-04-03 Listed $400,000 GAMLS
• 2026-03-30 Coming Soon $400,000 GAMLS
• 2026-03-28 Coming Soon $400,000 FMLS
• 2023-05-10 Sold (Public Records) $345,000 Public Records
• 2023-05-08 Sold (MLS) $345,000 FMLS
• 2023-05-08 Sold (MLS) $345,000 GAMLS
• 2023-04-05 Pending — FMLS
• 2023-03-30 Pending — GAMLS
• 2023-03-30 Contingent — FMLS
• 2023-03-24 Listed $340,000 FMLS
• 2023-03-24 Listed $340,000 GAMLS
• 2014-05-16 Price Changed $141,000 FMLS
• 2014-05-16 Listing Removed — FMLS
• 2014-05-15 Price Changed $141,000 GAMLS
• 2014-04-28 Sold (Public Records) $141,000 Public Records
• 2014-04-25 Sold (MLS) $141,000 GAMLS
• 2014-04-25 Price Changed $149,900 FMLS
• 2014-04-25 Sold (MLS) $141,000 FMLS
• 2014-03-19 Pending — GAMLS
• 2014-03-19 Price Changed $149,900 GAMLS
• 2014-03-16 Pending — FMLS
• 2014-03-11 Contingent — GAMLS
• 2014-03-11 Contingent — FMLS
• 2014-02-27 Listed $149,900 GAMLS
• 2014-02-25 Listed $149,900 FMLS
• 2010-07-06 Sold (Public Records) $150,000 Public Records

Property tax history

+4.9%/yr

Latest (2025): $3,346 · -0.2% YoY. Source: county tax records.