2898 Lakemont Dr SW · Smyrna, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 22.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +8.9/30.0
- Schools +3.8/10.0
- Livability +3.8/5.0
- Rent growth +2.9/5.0
- DSCR +2.5/10.0
- Condition / age +2.5/5.0
- 1% rule +2.4/10.0
- Appreciation +0.0/10.0
$244,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
A 3 bedroom 2.5 bath townhome in Cobb County for under $300k!!! Concrete plank siding with fresh paint, privacy fence, gas fire place and the convenience of a Marietta address. Close to Osborne High School with easy access to the many restaurants and shops in Marietta and Smyrna.
Key facts
- 2 parking spots
- Built 1985
- Listed 455 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath townhouse listed at $245k.
Deal economics
- At list price, monthly cash flow is $-199 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $210k (14.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (25.9% below list).
- Recommended offer: $181k (25.9% below list) — sets the bar for 1% rule.
- Cap rate 5.3% vs local median 3.5% in Smyrna — 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 76/100 on livability (#27 in GA, #3,621 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A, commute A-; Watch: cost of living C-, amenities F.
- Cobb County (suburban): math 39% / reading 45% proficiency, ranked #25 of 174 in GA (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Norton Park Elementary School (math 15% / reading 16%, grade F, #973 of 1,228 statewide, top 80%, 673 students, 80% FRL); Floyd Middle School (math 17% / reading 24%, grade F, #345 of 470 statewide, top 74%, 845 students, 80% FRL); Osborne High School (math 9% / reading 12%, grade F, #348 of 424 statewide, top 83%, 2,772 students, 75% FRL) — zoned schools average 78% FRL vs 39% district-wide (40 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 16% at this address vs 42% district-wide (-26 pts) — the specific schools serving this property underperform the Cobb County average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+1.5%/yr); 194 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 1,625 units permitted in Cobb County in 2024 (389 in 5+ unit buildings).
- This rent runs 32% of the median local income ($68k/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 $7k of value loss. Plan a longer hold.
- Cobb County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 455 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 6y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: moderate wind risk, 22% 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.
Questions for the listing agent
- 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?
- It's been on market 455 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.74% ✗
- Cap rate
- 5.32%
- Cash-on-cash
- -3.48%
- DSCR
- 0.85
- GRM
- 11.2
CMA / ARV
- ARV (median comp)
- $297,624
- List price
- $244,900
- Delta
- -17.72%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 187 Timber Creek Ln SW | 0.36mi | 3/2.5 | 1,472 (-2%) | 6mo | $255,000 | $173 | 76 |
| 244 Timber Creek Ln | 0.33mi | 3/2.5 | 1,408 (-6%) | 2mo | $255,000 | $181 | 73 |
| 193 Timber Creek Ln SW | 0.39mi | 2/2.5 (-1) | 1,344 (-10%) | 8mo | $80,000 | $60 | 53 |
| 2903 Lakemont Dr SW | 0.03mi | 4/3.0 (+1) | 1,696 (+13%) | 22mo | $279,900 | $165 | 51 |
| 132 Springstead Ct SW | 0.30mi | 3/2.5 | 1,350 (-10%) | 23mo | $260,000 | $193 | 51 |
| 2893 O'shields Ct SW #7 | 0.17mi | 2/2.5 (-1) | 1,710 (+14%) | 23mo | $337,000 | $197 | 44 |
| 2605 Vineyard Way SE | 0.69mi | 2/2.0 (-1) | 1,370 (-8%) | 10mo | $213,200 | $156 | 39 |
| 2601 Vineyard Way SE | 0.69mi | 2/2.0 (-1) | 1,370 (-8%) | 14mo | $225,000 | $164 | 35 |
| 1226 Poplar Pointe SE | 0.73mi | 2/2.5 (-1) | 1,350 (-10%) | 18mo | $270,000 | $200 | 30 |
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 · 1.54% rent growth · sell at horizon
- IRR
- -23.7%
- Equity multiple
- 0.20×
- Total profit
- $-54,974
- Equity at exit
- $36,515
- IRR
- -23.0%
- Equity multiple
- -0.09×
- Total profit
- $-74,672
- Equity at exit
- $21,174
Cash invested: $68,572 (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
ZIP-level market 30060
- Rents YoY
- 1.5%
- Active inventory
- 194
- Price-to-rent
- 11.2×
Monthly cashflow live
- Estimated rent
- $1,815 high interval (Pro) →
- Mortgage (P&I)
- −$1,284
- Tax from tax record
- −$246 /mo · $2,953/yr
- Insurance
- −$102
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$381
- Net cashflow
- $-199
Break-even live
Sensitivity live
| Price | -10% $-60 | -5% $-129 | +0% $-199 | +5% $-268 | +10% $-337 |
|---|---|---|---|---|---|
| Rent | -10% $-342 | -5% $-270 | +0% $-199 | +5% $-127 | +10% $-55 |
| Rate | -1.0pp $-75 | -0.5pp $-136 | base $-199 | +0.5pp $-262 | +1.0pp $-327 |
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
- $61,225
- Closing costs
- $7,347
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 37 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2870 Lakemont Dr SW Unit 2870 Marietta, GA | 2.0 | 2.5 | 1176 | $1,300 | $1.11 | 19d | 1 | 0.05mi |
| — Marietta, GA | 2.0 | 2.0 | 1200 | $1,800 | $1.50 | 45d | 1 | 0.09mi |
| 2870 Personality Pkwy SW Marietta, GA | 2.0–3.0 | 1.5–2.5 | 1150 | $1,595 | $1.39 | 4d | 16 | 0.09mi |
| 2934 Lakemont Dr SW Unit 2936 Marietta, GA | 2.0 | 2.5 | 1100 | $1,295 | $1.18 | 14d | 1 | 0.12mi |
| 2934 Lakemont Dr SW Unit 2936 Marietta, GA | 2.0 | 2.5 | 1100 | $1,495 | $1.36 | 20d | 1 | 0.12mi |
| 160 Timber Creek Ln SW Marietta, GA | 4.0 | 2.5 | 1732 | $1,895 | $1.09 | 20d | 1 | 0.27mi |
| 250 Robbie Ln SW Marietta, GA | 3.0 | 2.5 | 1288 | $2,116 | $1.64 | 45d | 1 | 0.30mi |
| 311 Wiley Ct SW Marietta, GA | 3.0 | 2.0 | 1304 | $2,285 | $1.75 | 7d | 1 | 0.32mi |
| 191 Timber Creek Ln SW Marietta, GA | 2.0 | 2.0 | 1046 | $1,650 | $1.58 | 6d | 1 | 0.35mi |
| 191 Timber Creek Ln SW Unit 2 Marietta, GA | 2.0 | 2.0 | 1046 | $1,700 | $1.63 | 14d | 1 | 0.35mi |
| 2986 Courtland Oaks Trl SW Unit Ter Marietta, GA | 2.0 | 1.0 | 1200 | $1,650 | $1.38 | 7d | 1 | 0.36mi |
| 2751 Hammondton Rd SE Marietta, GA | 2.0–3.0 | 1.5–2.5 | 1272 | $1,885 | $1.48 | 3d | 19 | 0.57mi |
| 3104 Biggern Ave SE Smyrna, GA | 3.0 | 2.0 | 1156 | $2,100 | $1.82 | 14d | 1 | 0.58mi |
| 170 Smyrna Powder Springs Rd SE Smyrna, GA | 1.0–2.0 | 1.0 | 770 | $1,150 | $1.49 | 1d | 17 | 0.66mi |
| 444 Smyrna Powder Springs Rd SW Marietta, GA | 4.0 | 2.0 | 1844 | $5,400 | $2.93 | 0d | 1 | 0.67mi |
| 2665 Favor Rd SW Marietta, GA | 1.0–4.0 | 1.0–2.5 | 1150 | $1,733 | $1.51 | 1d | 17 | 0.70mi |
| 1298 Poplar PT Smyrna, GA | 2.0 | 2.5 | 1600 | $1,600 | $1.00 | 20d | 1 | 0.76mi |
| 2780 Hall Dr SE Smyrna, GA | 4.0 | 2.0 | 1216 | $2,395 | $1.97 | 18d | 1 | 0.79mi |
| 1339 Poplar Pointe SE Smyrna, GA | 2.0 | 2.0 | 1452 | $2,000 | $1.38 | 18d | 1 | 0.82mi |
| 331 Smyrna Powder Springs Rd SE Smyrna, GA | 3.0 | 2.0 | 1431 | $2,200 | $1.54 | 22d | 1 | 0.84mi |
| 1166 Magnolia Way SE Smyrna, GA | 2.0 | 2.5 | 1292 | $2,200 | $1.70 | 45d | 1 | 0.85mi |
| 2333 Sandtown Rd SW Marietta, GA | 4.0 | 2.0 | 1800 | $1,899 | $1.05 | 24d | 1 | 0.93mi |
| 1100 Westfield Trce SE Smyrna, GA | 2.0 | 2.5 | 1320 | $2,100 | $1.59 | 14d | 1 | 0.99mi |
| 1100 Westfield Trce SE Smyrna, GA | 2.0 | 2.5 | 1320 | $2,100 | $1.59 | 5d | 1 | 0.99mi |
| 2935 Old Concord Rd SE Smyrna, GA | 1.0–4.0 | 1.0–2.0 | 1102 | $1,792 | $1.63 | 45d | 5 | 1.00mi |
| 161 Larose Cir SE Marietta, GA | 3.0 | 2.0 | 1200 | $1,845 | $1.54 | 26d | 1 | 1.01mi |
| 3058 Favor Pines Ct SW Marietta, GA | 3.0 | 2.0 | 1776 | $2,195 | $1.24 | 26d | 1 | 1.01mi |
| 2300 Benson Poole Rd SE Smyrna, GA | 1.0–2.0 | 1.0 | 788 | $1,399 | $1.78 | 4d | 6 | 1.17mi |
| 171 Evening Star Dr SE Marietta, GA | 4.0 | 1.0 | 1022 | $1,294 | $1.27 | 22d | 1 | 1.21mi |
| 300 Hurt Rd SE Smyrna, GA | 2.0–4.0 | 2.0 | 1309 | $1,458 | $1.11 | 1d | 8 | 1.23mi |
| 640 Glendale Pl SE Smyrna, GA | 1.0–2.0 | 1.0–1.5 | 1025 | $1,348 | $1.32 | 7d | 2 | 1.28mi |
| 921 Walnut Cir SW Marietta, GA | 3.0 | 2.0 | 1492 | $1,055 | $0.71 | 4d | 1 | 1.28mi |
| 1901 Old Concord Rd SE Smyrna, GA | 2.0–3.0 | 1.0–2.0 | 1145 | $1,880 | $1.64 | 1d | 29 | 1.39mi |
| 1145 Berkley Dr SE Smyrna, GA | 2.0 | 2.5 | 1361 | $2,300 | $1.69 | 14d | 1 | 1.40mi |
| 134 Summer Crest Pl SW Marietta, GA | 3.0 | 2.5 | 1412 | $2,055 | $1.46 | 1d | 1 | 1.41mi |
| 798 Bank St SE Smyrna, GA | 4.0 | 2.0 | 1535 | $2,650 | $1.73 | 45d | 1 | 1.43mi |
| 3064 Hicks Rd Unit C Marietta, GA | 2.0 | 1.0 | 900 | $1,300 | $1.44 | 6d | 1 | 1.49mi |
Listing history 46 events
-
2026-06-21days on market $244,900 Active 455 DOM
-
2026-06-18days on market $244,900 Active 452 DOM
-
2026-06-17days on market $244,900 Active 451 DOM
-
2026-06-16days on market $244,900 Active 450 DOM
-
2026-06-15days on market $244,900 Active 449 DOM
-
2026-06-13days on market $244,900 Active 447 DOM
-
2026-06-13days on market $244,900 Active 446 DOM
-
2026-06-09days on market $244,900 Active 443 DOM
-
2026-06-08days on market $244,900 Active 442 DOM
-
2026-06-07days on market $244,900 Active 441 DOM
-
2026-06-04days on market $244,900 Active 438 DOM
-
2026-06-03days on market $244,900 Active 437 DOM
-
2026-06-02days on market $244,900 Active 436 DOM
-
2026-06-01days on market $244,900 Active 435 DOM
-
2026-05-31days on market $244,900 Active 434 DOM
-
2026-03-26price $244,900 280-char remark
Show marketing remark (1045 chars)
Discover your dream home in this spacious 3-bedroom, 2.5-bath townhome nestled in the heart of Cobb County, priced at an incredible value of $259,900! Boasting new modern concrete plank siding with a fresh coat of paint, this gem offers both durability and curb appeal. Step inside to a warm and inviting living space, complete with a cozy gas fireplace—perfect for relaxing evenings at home. The new private fenced yard provides your own secluded oasis, ideal for entertaining or unwinding in peace. As a homeowner, you will appreciate the new roof, updated flooring and newly installed HVAC system. Conveniently located with a coveted Marietta address, this townhome puts you just minutes away from the vibrant dining, shopping, and entertainment options of Marietta and Smyrna. With Osborne High School nearby and easy access to major routes, this home combines suburban charm with urban convenience. Don’t miss this rare opportunity to own a move-in-ready townhome at an unbeatable price—schedule your private tour today!
-
2026-03-26price $244,900 1045-char remark
Show marketing remark (1045 chars)
Discover your dream home in this spacious 3-bedroom, 2.5-bath townhome nestled in the heart of Cobb County, priced at an incredible value of $259,900! Boasting new modern concrete plank siding with a fresh coat of paint, this gem offers both durability and curb appeal. Step inside to a warm and inviting living space, complete with a cozy gas fireplace—perfect for relaxing evenings at home. The new private fenced yard provides your own secluded oasis, ideal for entertaining or unwinding in peace. As a homeowner, you will appreciate the new roof, updated flooring and newly installed HVAC system. Conveniently located with a coveted Marietta address, this townhome puts you just minutes away from the vibrant dining, shopping, and entertainment options of Marietta and Smyrna. With Osborne High School nearby and easy access to major routes, this home combines suburban charm with urban convenience. Don’t miss this rare opportunity to own a move-in-ready townhome at an unbeatable price—schedule your private tour today!
-
2025-07-01price $254,900 280-char remark
Show marketing remark (280 chars)
A 3 bedroom 2.5 bath townhome in Cobb County for under $300k!!! Concrete plank siding with fresh paint, privacy fence, gas fire place and the convenience of a Marietta address. Close to Osborne High School with easy access to the many restaurants and shops in Marietta and Smyrna.
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2025-05-15price $254,900 1045-char remark
Show marketing remark (1045 chars)
Discover your dream home in this spacious 3-bedroom, 2.5-bath townhome nestled in the heart of Cobb County, priced at an incredible value of $259,900! Boasting new modern concrete plank siding with a fresh coat of paint, this gem offers both durability and curb appeal. Step inside to a warm and inviting living space, complete with a cozy gas fireplace—perfect for relaxing evenings at home. The new private fenced yard provides your own secluded oasis, ideal for entertaining or unwinding in peace. As a homeowner, you will appreciate the new roof, updated flooring and newly installed HVAC system. Conveniently located with a coveted Marietta address, this townhome puts you just minutes away from the vibrant dining, shopping, and entertainment options of Marietta and Smyrna. With Osborne High School nearby and easy access to major routes, this home combines suburban charm with urban convenience. Don’t miss this rare opportunity to own a move-in-ready townhome at an unbeatable price—schedule your private tour today!
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2025-03-23$260,000 Active 1045-char remark
Show marketing remark (1045 chars)
Discover your dream home in this spacious 3-bedroom, 2.5-bath townhome nestled in the heart of Cobb County, priced at an incredible value of $259,900! Boasting new modern concrete plank siding with a fresh coat of paint, this gem offers both durability and curb appeal. Step inside to a warm and inviting living space, complete with a cozy gas fireplace—perfect for relaxing evenings at home. The new private fenced yard provides your own secluded oasis, ideal for entertaining or unwinding in peace. As a homeowner, you will appreciate the new roof, updated flooring and newly installed HVAC system. Conveniently located with a coveted Marietta address, this townhome puts you just minutes away from the vibrant dining, shopping, and entertainment options of Marietta and Smyrna. With Osborne High School nearby and easy access to major routes, this home combines suburban charm with urban convenience. Don’t miss this rare opportunity to own a move-in-ready townhome at an unbeatable price—schedule your private tour today!
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2025-03-22historical $1,800
Show marketing remark (1045 chars)
Discover your dream home in this spacious 3-bedroom, 2.5-bath townhome nestled in the heart of Cobb County, priced at an incredible value of $259,900! Boasting new modern concrete plank siding with a fresh coat of paint, this gem offers both durability and curb appeal. Step inside to a warm and inviting living space, complete with a cozy gas fireplace—perfect for relaxing evenings at home. The new private fenced yard provides your own secluded oasis, ideal for entertaining or unwinding in peace. As a homeowner, you will appreciate the new roof, updated flooring and newly installed HVAC system. Conveniently located with a coveted Marietta address, this townhome puts you just minutes away from the vibrant dining, shopping, and entertainment options of Marietta and Smyrna. With Osborne High School nearby and easy access to major routes, this home combines suburban charm with urban convenience. Don’t miss this rare opportunity to own a move-in-ready townhome at an unbeatable price—schedule your private tour today!
-
2025-03-22historical $260,000 1045-char remark
Show marketing remark (1045 chars)
Discover your dream home in this spacious 3-bedroom, 2.5-bath townhome nestled in the heart of Cobb County, priced at an incredible value of $259,900! Boasting new modern concrete plank siding with a fresh coat of paint, this gem offers both durability and curb appeal. Step inside to a warm and inviting living space, complete with a cozy gas fireplace—perfect for relaxing evenings at home. The new private fenced yard provides your own secluded oasis, ideal for entertaining or unwinding in peace. As a homeowner, you will appreciate the new roof, updated flooring and newly installed HVAC system. Conveniently located with a coveted Marietta address, this townhome puts you just minutes away from the vibrant dining, shopping, and entertainment options of Marietta and Smyrna. With Osborne High School nearby and easy access to major routes, this home combines suburban charm with urban convenience. Don’t miss this rare opportunity to own a move-in-ready townhome at an unbeatable price—schedule your private tour today!
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2025-03-21$260,000 New 280-char remark
Show marketing remark (280 chars)
A 3 bedroom 2.5 bath townhome in Cobb County for under $300k!!! Concrete plank siding with fresh paint, privacy fence, gas fire place and the convenience of a Marietta address. Close to Osborne High School with easy access to the many restaurants and shops in Marietta and Smyrna.
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2025-02-01$1,800
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2024-07-01historical $1,700
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2024-06-22price $1,700
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2024-06-12price $1,850
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2024-05-08$1,950
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2024-02-29soldstatus $245,000
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2024-02-22soldstatus $245,000 Closed
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2024-02-16status Pending
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2024-01-31$258,000 Active
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2024-01-31historical
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2024-01-31historical
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2023-11-10status Back On Market
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2023-11-10status Active
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2023-11-07status Under Contract
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2023-11-07status Pending
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2023-10-27$265,000 Active
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2023-10-27$265,000 New
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2020-10-09historical
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2020-10-06status Back on Market
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2020-10-02status Under Contract
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2020-05-14$159,900 New
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1993-05-18soldstatus $53,000
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1985-07-19soldstatus $54,500
ⓘ 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
- $2,953 · $246/mo
- Projected year-2 tax
- $2,953 · $246/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 1/10 Low
- Heat 5/10 Major 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
- Wind 5/10 Major 22% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,778
- − Mortgage interest
- −$13,718
- − Property taxes
- −$2,953
- − Insurance
- −$1,224
- − Repairs & maintenance
- −$1,742
- − Management
- −$1,742
- − Depreciation
- −$7,124
- Taxable loss
- −$6,726
- Est. tax savings @ 24.0%
- +$1,614
- After-tax cash flow
- $-770/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
- Cobb County
- NCES district ID
- 1301290
- Math proficiency
- 39% ▼ -15.00%
- Reading proficiency
- 45% ▼ -10.00%
- Median HH income
- $68,845
- Composite
- 37.93/100
- National rank
- #4308
- State rank
- #25 of 174 in GA
Livability — Smyrna
- Score
- 76/100
- State rank
- #27
- US rank
- #3621
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Cobb County · 777,758 people
- City population
- 80,612
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 38,499
- Household income
- $67,510
- Rent vs Own
- Severe rent burden
- 1368.0
Population outlook (Cobb County) Hauer SSP2
- Today (2025)
- 868,385 people
- By 2030
- 929,614 · +7.1%
- By 2040
- 1,047,533 · +20.6%
- By 2050
- 1,155,537 · +33.1%
- By 2075
- 1,405,030 · +61.8%
- By 2100
- 1,555,058 · +79.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- Hispanic / Latino 39% Black 28% White 26% Two or more races 13% Asian 3%
- Hispanic origin (detail)
- Mexican 24% Puerto Rican 1%
- Common ancestry
- Slovak 1% Italian 1% Hispanic 1%
- Foreign-born
- 25% · Canada, Vietnam, China
- Languages at home
- 58% English-only · Spanish 37% Vietnamese 1% French/Haitian/Cajun 1%
Political lean MEDSL · Cobb
- 2024 margin
- D (+14.9) · D 56.9% · R 42.0% · Other 1.1%
- 2008→2024 swing
- +24.3pp toward D · 2008: -9.4pp · 2024: 14.9pp
- All cycles
- 2024: D+14.9 2020: D+14.3 2016: D+2.1 2012: R+12.6 2008: R+9.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -440.27%
- Current HPI
- 270.2922
- Rent YoY
- ▲ 1.54%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+349.4% since first listed31 events — show timeline
- 2026-03-26 Price Changed $244,900 GAMLS
- 2026-03-26 Price Changed $244,900 FMLS
- 2025-07-01 Price Changed $254,900 GAMLS
- 2025-05-15 Price Changed $254,900 FMLS
- 2025-03-23 Listed $260,000 FMLS
- 2025-03-22 Rental Removed $1,800 FMLS
- 2025-03-22 Coming Soon $260,000 FMLS
- 2025-03-21 Listed $260,000 GAMLS
- 2025-02-01 Listed for Rent $1,800 FMLS
- 2024-07-01 Rental Removed $1,700 GAMLS
- 2024-06-22 Price Changed $1,700 GAMLS
- 2024-06-12 Price Changed $1,850 GAMLS
- 2024-05-08 Listed for Rent $1,950 GAMLS
- 2024-02-29 Sold (Public Records) $245,000 Public Records
- 2024-02-22 Sold (MLS) $245,000 FMLS
- 2024-02-16 Pending — FMLS
- 2024-01-31 Listing Removed — GAMLS
- 2024-01-31 Listing Removed — FMLS
- 2024-01-31 Listed $258,000 FMLS
- 2023-11-10 Relisted — GAMLS
- 2023-11-10 Relisted — FMLS
- 2023-11-07 Pending — GAMLS
- 2023-11-07 Pending — FMLS
- 2023-10-27 Listed $265,000 GAMLS
- 2023-10-27 Listed $265,000 FMLS
- 2020-10-09 Listing Removed — GAMLS
- 2020-10-06 Relisted — GAMLS
- 2020-10-02 Pending — GAMLS
- 2020-05-14 Listed $159,900 GAMLS
- 1993-05-18 Sold (Public Records) $53,000 Public Records
- 1985-07-19 Sold (Public Records) $54,500 Public Records
Property tax history
+5.6%/yrLatest (2025): $2,953 · -11.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…