8 Hemlock St · Porterdale, GA 30014

$94,000

3 bd · 1.0 ba · 1,264 sqft · SingleFamily public records · 214 Days on market

Built 1906 6,534 sqft lot $74/sqft · 45% below area Est $170k · 45% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +2.9/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale's mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch-all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 844-554-5438, 4200 Regent Blvd, Suite B200, Irving, TX 75063

Key facts

• Covered front porch
• New metal roof
• Plumbing updates

Tags

• HISTORIC BUNGALOW
• COVERED FRONT PORCH
• NEW METAL ROOF
• HVAC UPDATES
• ELECTRICAL UPDATES
• PLUMBING UPDATES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $728 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $94k).
• Recommended offer: $83k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.6% vs local median 5.1% in Porterdale — 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 58/100 on livability (#447 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+, housing B; Watch: schools F, amenities F, commute F.
• Newton County (suburban): math 17% / reading 26% proficiency, ranked #137 of 174 in GA (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents flat; 479 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,480 units permitted in Newton County in 2024 (702 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $650 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Newton County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.5% rent growth), your $26k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 214 days — a 12% lower offer ($83k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 17y ago; this cycle's ask has dropped $46k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1906 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 214 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 1906 — 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 F-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: 1.90% ✓
• Cap rate: 15.58%
• Cash-on-cash: 33.18%
• DSCR: 2.48
• GRM: 4.4

CMA / ARV

• ARV (median comp): $169,645
• List price: $94,000
• Delta: -44.59%
• 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
9 N Broad St	0.20mi	2/1.0 (-1)	1,348 (+7%)	7mo	$105,000	$78	68
18 Laurel St	0.27mi	3/1.0	1,180 (-7%)	13mo	$138,000	$117	66
29 Ivy St	0.20mi	3/2.0	1,388 (+10%)	11mo	$130,000	$94	61
51 Hazel St	0.29mi	2/1.0 (-1)	1,120 (-11%)	7mo	$105,000	$94	56
595 Crowell Rd	0.39mi	3/2.0	1,162 (-8%)	10mo	$184,900	$159	56
50 Ivy St	0.25mi	4/2.0 (+1)	1,398 (+11%)	9mo	$150,000	$107	54
1 Ivy St	0.05mi	2/1.0 (-1)	1,108 (-12%)	24mo	$178,900	$161	52
9 Maple St	0.64mi	3/1.0	1,134 (-10%)	7mo	$95,000	$84	47
58 Poplar St	0.40mi	2/1.0 (-1)	1,358 (+7%)	20mo	$168,000	$124	47
40 Brandon Dr	0.67mi	3/2.0	1,395 (+10%)	6mo	$165,000	$118	42
95 Brandon Dr	0.73mi	3/2.0	1,351 (+7%)	13mo	$249,900	$185	40
13 Magnolia St	0.57mi	2/1.0 (-1)	1,086 (-14%)	7mo	$100,000	$92	39

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 · 0.52% rent growth · sell at horizon

5-year hold

• IRR: 25.5%
• Equity multiple: 2.02×
• Total profit: $26,810
• Equity at exit: $14,016

10-year hold

• IRR: 31.6%
• Equity multiple: 3.52×
• Total profit: $66,228
• Equity at exit: $8,127

Cash invested: $26,320 (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 30014

• Home prices YoY: -19.2%
• Rents YoY: 0.5%
• Active inventory: 479
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,787 high
• Mortgage (P&I): −$493
• Tax from tax record: −$152 /mo · $1,822/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $728

Break-even live

Break-even rent $866

Max offer price $94,000

Occupancy floor 54%

Sensitivity live

Price	-10% $781	-5% $754	+0% $728	+5% $701	+10% $674
Rent	-10% $586	-5% $657	+0% $728	+5% $798	+10% $869
Rate	-1.0pp $775	-0.5pp $752	base $728	+0.5pp $703	+1.0pp $679

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: $23,500
• Closing costs: $2,820
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15 Magan Ct Porterdale, GA	3.0	2.5	1656	$1,750	$1.06	44d	1	0.41mi
15 Magan Ct Porterdale, GA	3.0	2.0	1656	$1,725	$1.04	13d	1	0.41mi
27 Elm St Covington, GA	3.0	2.0	1590	$1,800	$1.13	44d	1	0.49mi
10 Brandon Dr Covington, GA	3.0	2.0	1215	$1,950	$1.60	44d	1	0.65mi
150 Ram Dr Covington, GA	2.0	2.5	1022	$1,600	$1.57	1d	33	0.73mi
150 Ram Dr Covington, GA	2.0	2.5	1022	$1,600	$1.57	44d	1	0.73mi
150 Ram Dr Covington, GA	2.0	2.5	1022	$1,600	$1.57	25d	1	0.73mi
150 Ram Dr Covington, GA	2.0	2.5	1022	$1,450	$1.42	22d	1	0.73mi
65 Kenzi Way SW Covington, GA	3.0	2.0	1217	$1,000	$0.82	6d	1	0.80mi
150 Wynfield Dr Covington, GA	3.0	2.0	1232	$1,798	$1.46	44d	1	0.94mi
50 Weldon Pl Covington, GA	4.0	2.0	1212	$1,799	$1.48	44d	1	0.99mi
9220 Spillers Dr SW Covington, GA	3.0	2.0	1192	$1,455	$1.22	6d	1	1.06mi
105 River North Ct Covington, GA	3.0	3.0	1523	$2,195	$1.44	13d	1	1.11mi
8247 Spillers Dr SW Covington, GA	3.0	1.5	1530	$1,500	$0.98	13d	1	1.29mi
70 Trelawney Dr Covington, GA	2.0	1.0	1750	$1,850	$1.06	19d	1	1.30mi
355 Sunflower Ln Covington, GA	4.0	2.5	1829	$1,855	$1.01	44d	1	1.35mi
8189 Spillers Dr SW Covington, GA	2.0	2.5	1080	$1,395	$1.29	6d	1	1.36mi

Listing history 37 events

1. 2026-06-18
   days on market $94,000 Active 214 DOM
2. 2026-06-17
   days on market $94,000 Active 213 DOM
3. 2026-06-16
   days on market $94,000 Active 212 DOM
4. 2026-06-15
   days on market $94,000 Active 211 DOM
5. 2026-06-13
   days on market $94,000 Active 209 DOM
6. 2026-06-13
   days on market $94,000 Active 208 DOM
7. 2026-06-09
   days on market $94,000 Active 205 DOM
8. 2026-06-08
   days on market $94,000 Active 204 DOM
9. 2026-06-07
   days on market $94,000 Active 203 DOM
10. 2026-06-04
    days on market $94,000 Active 200 DOM
11. 2026-06-03
    days on market $94,000 Active 199 DOM
12. 2026-06-02
    days on market $94,000 Active 198 DOM
13. 2026-06-01
    days on market $94,000 Active 197 DOM
14. 2026-05-31
    days on market $94,000 Active 196 DOM
15. 2026-05-01
    price $99,000 1073-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

16. 2026-05-01
    price $99,000 1074-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

17. 2026-03-13
    price $109,900 1073-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

18. 2026-03-13
    price $109,900 1074-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

19. 2026-02-02
    price $125,000 1073-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

20. 2026-02-02
    price $125,000 1074-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

21. 2026-01-03
    price $133,500 1074-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

22. 2025-12-15
    price $133,500 1073-char remark

    Show marketing remark (1073 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale's mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch-all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 844-554-5438, 4200 Regent Blvd, Suite B200, Irving, TX 75063

23. 2025-11-14
    listed $140,000 New 1073-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

24. 2025-11-14
    listed $140,000 Active 1074-char remark

    Show marketing remark (1074 chars)

    Unlock the potential of this historic 3BR/2BA bungalow in the heart of Porterdale’s mill village. Built in 1906 and sitting on a 0.15-acre lot, this 1,264 sq ft home offers oversized rooms, original hardwood floors, and a covered front porch—all waiting for your vision. Recent updates include a new metal roof, HVAC, electrical, plumbing, and windows, laying the groundwork for a full cosmetic rehab. The kitchen and bath feature tile flooring, and the layout supports both owner-occupant and rental strategies. Zoned R1 and located in a walkable, revitalizing neighborhood, this property is ideal for investors seeking value-add opportunities or buyers ready to restore character with modern comfort. No garage; street parking available. Sold as-is. Cash or renovation financing preferred. Property is being sold As-Is, no disclosures or warranties. ***Seller will pay Owner's Title Policy if the buyer elects to use seller's title company.*** Seller's Title Company: Entra Title, Jason Burge - escrow officer, 4200 Regent Blvd, Suite B200, Irving, TX 75063

25. 2025-10-29
    soldstatus $402,079
26. 2021-03-25
    soldstatus $77,000
27. 2020-10-06
    soldstatus $59,000
28. 2015-07-31
    price $33,500
29. 2015-07-14
    soldstatus $33,500 Sold
30. 2015-06-02
    status Under Contract
31. 2015-06-02
    price $40,000
32. 2014-12-13
    price $40,000
33. 2014-11-03
    listed $55,000 New
34. 2010-03-03
    price $15,500 Back On Market
35. 2009-07-17
    soldstatus $8,000
36. 2009-06-17
    listed $9,500
37. 1999-04-06
    soldstatus $37,000

ⓘ 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: $1,822 · $152/mo
• Projected year-2 tax: $1,822 · $152/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 7/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $21,442
• − Mortgage interest: −$5,265
• − Property taxes: −$1,822
• − Insurance: −$470
• − Repairs & maintenance: −$1,715
• − Management: −$1,715
• − Depreciation: −$2,735
• Taxable income: $7,719
• Est. tax owed @ 24.0%: −$1,853
• After-tax cash flow: $6,879/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: Newton County
• NCES district ID: 1303930
• Math proficiency: 17% ▼ -13.00%
• Reading proficiency: 26% ▼ -8.00%
• Median HH income: $50,768
• Composite: 19.2/100
• National rank: #8816
• State rank: #137 of 174 in GA

Livability — Porterdale

• Score: 58/100
• State rank: #447
• US rank: #21362

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Porterdale, GA
• County: Newton County · 104,393 people
• City population: 76
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 41,425
• Household income: $72,254
• Rent vs Own: 38.7% rent · 61.3% own
• Severe rent burden: 1934.0

Population outlook (Newton County) Hauer SSP2

• Today (2025): 118,372 people
• By 2030: 124,234 · +5.0%
• By 2040: 135,550 · +14.5%
• By 2050: 145,309 · +22.8%
• By 2075: 166,843 · +40.9%
• By 2100: 175,800 · +48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 53% Black 35% Hispanic / Latino 7% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 2% Slovak 2% Serbian 1%
• Foreign-born: 7% · Canada
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Newton

• 2024 margin: D (+15.1) · D 57.3% · R 42.2%
• 2008→2024 swing: +14.0pp toward D · 2008: 1.2pp · 2024: 15.1pp
• All cycles: 2024: D+15.1 2020: D+10.9 2016: D+2.4 2012: D+2.0 2008: D+1.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -64.50%
• Current HPI: 270.9868
• Rent YoY: ▲ 0.52%
• 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

+167.6% since first listed

23 events — show timeline

• 2026-05-01 Price Changed $99,000 GAMLS
• 2026-05-01 Price Changed $99,000 FMLS
• 2026-03-13 Price Changed $109,900 GAMLS
• 2026-03-13 Price Changed $109,900 FMLS
• 2026-02-02 Price Changed $125,000 GAMLS
• 2026-02-02 Price Changed $125,000 FMLS
• 2026-01-03 Price Changed $133,500 FMLS
• 2025-12-15 Price Changed $133,500 GAMLS
• 2025-11-14 Listed $140,000 FMLS
• 2025-11-14 Listed $140,000 GAMLS
• 2025-10-29 Sold (Public Records) $402,079 Public Records
• 2021-03-25 Sold (Public Records) $77,000 Public Records
• 2020-10-06 Sold (Public Records) $59,000 Public Records
• 2015-07-31 Price Changed $33,500 GAMLS
• 2015-07-14 Sold (MLS) $33,500 GAMLS
• 2015-06-02 Pending — GAMLS
• 2015-06-02 Price Changed $40,000 GAMLS
• 2014-12-13 Price Changed $40,000 GAMLS
• 2014-11-03 Listed $55,000 GAMLS
• 2010-03-03 Price Changed $15,500 GAMLS
• 2009-07-17 Sold (MLS) $8,000 FMLS
• 2009-06-17 Listed $9,500 FMLS
• 1999-04-06 Sold (Public Records) $37,000 Public Records

Property tax history

+7.7%/yr

Latest (2025): $1,822 · +4.0% YoY. Source: county tax records.