1329 Woodstone Trce · Morrow, GA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +24.8/30.0
- 1% rule +9.4/10.0
- DSCR +8.0/10.0
- ARV discount +7.5/15.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
Key facts
- Private fenced back
- Private fenced front
- $220 HOA
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $100k.
Deal economics
- At list price, monthly cash flow is $211 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $100k).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.8% vs local median 5.0% in Morrow — 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 65/100 on livability (#229 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities D, employment D, crime F.
- Clayton County (suburban): math 11% / reading 20% proficiency, ranked #155 of 174 in GA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Morrow Elementary School (454 students, 90% FRL); Babb Middle School (math 24% / reading 34%, grade F, #249 of 470 statewide, top 55%, 888 students, 90% FRL); Charles R. Drew High School (math 8% / reading 22%, grade F, #297 of 424 statewide, top 74%, 1,652 students, 91% FRL).
- Market conditions: Rents soft (-1.0%/yr); 166 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
- This rent runs 33% of the median local income ($53k/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 $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Clayton County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 184 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 6y ago; this cycle's ask has dropped $25k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $47k; list at $100k implies a 113% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- It's been on market 184 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- 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.
- 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?
- 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?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.44% ✓
- Cap rate
- 8.83%
- Cash-on-cash
- 9.05%
- DSCR
- 1.40
- GRM
- 5.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -6.8%
- Equity multiple
- 0.76×
- Total profit
- $-6,797
- Equity at exit
- $14,910
- IRR
- -2.7%
- Equity multiple
- 0.85×
- Total profit
- $-4,197
- Equity at exit
- $8,646
Cash invested: $28,000 (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 30260
- Home prices YoY
- -33.8%
- Rents YoY
- -1.0%
- Active inventory
- 166
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $1,436 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$137 /mo · $1,650/yr
- Insurance
- −$42
- HOA
- −$220
- Vacancy / Maint / Mgmt
- −$302
- Net cashflow
- $211
Break-even live
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
- $25,000
- Closing costs
- $3,000
- 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 26 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1327 Woodstone Ter Morrow, GA | 2.0 | 2.0 | 1344 | $1,600 | $1.19 | 24d | 1 | 0.27mi |
| 1327 Woodstone Ter Unit 1327 Morrow, GA | 2.0 | 2.0 | 1344 | $1,500 | $1.12 | 24d | 1 | 0.27mi |
| 6252 N Lee St Unit 10 Morrow, GA | 1.0 | 1.0 | 800 | $1,169 | $1.46 | 22d | 1 | 0.40mi |
| 6252 N Lee St Unit 30 Morrow, GA | 2.0 | 1.0 | 900 | $1,279 | $1.42 | 24d | 1 | 0.40mi |
| 6252 N Lee St Unit 56 Morrow, GA | 2.0 | 1.0 | 900 | $1,279 | $1.42 | 3d | 1 | 0.41mi |
| 6252 N Lee St Apt 54 Morrow, GA | 2.0 | 1.0 | 900 | $1,249 | $1.39 | 24d | 1 | 0.41mi |
| 6252 N Lee St Unit 42 Morrow, GA | 2.0 | 1.0 | 900 | $1,249 | $1.39 | 3d | 1 | 0.41mi |
| 6252 N Lee St Morrow, GA | 1.0–2.0 | 1.0 | 850 | $1,279 | $1.50 | 5d | 3 | 0.41mi |
| 1270 Morrow Rd Morrow, GA | 3.0 | 2.0 | 1161 | $1,800 | $1.55 | 44d | 1 | 0.47mi |
| 6290 Flamingo Way Morrow, GA | 3.0 | 1.5 | 1152 | $1,495 | $1.30 | 44d | 1 | 0.57mi |
| 1811 Wendell Way Morrow, GA | 3.0 | 2.0 | 1285 | $1,574 | $1.22 | 22d | 1 | 0.70mi |
| 1932 Carla Dr Morrow, GA | 3.0 | 2.0 | 1324 | $1,730 | $1.31 | 2d | 1 | 0.89mi |
| 6548 King George Way Morrow, GA | 2.0 | 2.0 | 1100 | $1,295 | $1.18 | 44d | 1 | 0.95mi |
| 6137 Harvard Ct Morrow, GA | 3.0 | 2.0 | 1320 | $1,556 | $1.18 | 22d | 1 | 1.02mi |
| 6616 King George Way Morrow, GA | 3.0 | 2.0 | 1200 | $1,600 | $1.33 | 44d | 1 | 1.07mi |
| 7000 Southlake Pkwy Morrow, GA | 1.0–2.0 | 1.0–2.0 | 927 | $1,394 | $1.50 | 2d | 9 | 1.19mi |
| 985 Mount Zion Rd Morrow, GA | 2.0–3.0 | 1.5–2.0 | 1157 | $1,051 | $0.91 | 2d | 9 | 1.19mi |
| 956 Slash Pine Rd Unit 2 Forest Park, GA | 2.0 | 1.0 | 1134 | $1,150 | $1.01 | 13d | 1 | 1.26mi |
| 855 Mount Zion Rd Apt G6 Jonesboro, GA | 2.0 | 1.5 | 1159 | $1,249 | $1.08 | 5d | 1 | 1.28mi |
| 855 Mount Zion Rd Apt C1 Jonesboro, GA | 3.0 | 1.5 | 1280 | $1,199 | $0.94 | 5d | 1 | 1.28mi |
| 855 Mount Zion Rd Apt E2 Jonesboro, GA | 2.0 | 1.5 | 1159 | $999 | $0.86 | 5d | 1 | 1.29mi |
| 855 Mount Zion Rd Jonesboro, GA | 2.0 | 1.5 | 1159 | $1,249 | $1.08 | 44d | 1 | 1.31mi |
| 855 Mount Zion Rd Jonesboro, GA | 2.0–3.0 | 1.5 | 1219 | $999 | $0.82 | 15d | 5 | 1.31mi |
| 850 Mount Zion Rd Jonesboro, GA | 2.0–3.0 | 1.0–1.5 | 1040 | $1,032 | $0.99 | 1d | 7 | 1.31mi |
| 7135 Mount Zion Cir Morrow, GA | 2.0 | 2.0 | 1080 | $1,893 | $1.75 | 5d | 25 | 1.33mi |
| 7147 Mount Zion Cir Morrow, GA | 2.0 | 2.0 | 1170 | $1,642 | $1.40 | 5d | 15 | 1.45mi |
HOA detail condo
- Monthly dues
- $220 · $2,640/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 25 events
-
2026-01-23status Pending
-
2026-01-20historical Active Under Contract
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
-
2026-01-20status Under Contract 725-char remark
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
-
2025-12-31historical
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2025-12-31historical
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2025-12-30status Back On Market
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
-
2025-12-30status Back On Market 725-char remark
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
-
2025-12-30status Active
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
-
2025-12-30status Active
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
-
2025-12-18status Pending
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-12-18historical Active Under Contract 725-char remark
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-12-18historical Active Under Contract
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-12-18historical Active Under Contract
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-09-02price $100,000
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-09-02price $100,000 725-char remark
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-09-02price $100,000
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-09-02price $100,000
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-08-04$125,000 Active
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2025-08-04$125,000 New
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2025-07-22$125,000 Active
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2025-07-22$125,000 New 725-char remark
Show marketing remark (725 chars)
PRICE REDUCTION - MOTIVATED SELLER! OWNER FINANCING AVAILABLE !! Great starter home. 2-bedroom, 1.5-bath condo featuring: Two upstairs bedrooms, with a jack and jill bath between the rooms. Convenient powder room on the main level for guests. Living and dining areas with laundry closet on the main level. Private fenced front and back patios for added outdoor living space. Low insurance costs-exterior and roof covered by the Condo Association. Great Location: minutes from I75,Southlake Mall, Clayton State University and strip malls with many stores including Home Depot, Walmart, Chick-fil-a and AMC movie theater. Preferred lender can offer up to 100% conventional financing!!! !!Please do not disturb the resident!!
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2020-08-06soldstatus $47,000
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2020-08-04soldstatus $47,000 Sold
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2020-07-12status Under Contract
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2020-06-29$45,000 New
ⓘ 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
- $1,650 · $137/mo
- Projected year-2 tax
- $1,650 · $137/mo
- Expected delta
- $0/yr ($0/mo · -0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,237
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,650
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,379
- − Management
- −$1,379
- − HOA
- −$2,640
- − Depreciation
- −$2,909
- Taxable income
- $1,179
- Est. tax owed @ 24.0%
- −$283
- After-tax cash flow
- $2,252/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
- Clayton County
- NCES district ID
- 1301230
- Math proficiency
- 11% ▼ -13.00%
- Reading proficiency
- 20% ▼ -9.00%
- Median HH income
- $42,266
- Composite
- 13.41/100
- National rank
- #9527
- State rank
- #155 of 174 in GA
Livability — Morrow
- Score
- 65/100
- State rank
- #229
- US rank
- #13314
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Morrow, GA
- County
- Clayton County · 230,153 people
- City population
- 28,693
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 28,693
- Household income
- $52,666
- Rent vs Own
- Severe rent burden
- 1956.0
Population outlook (Clayton County) Hauer SSP2
- Today (2025)
- 310,777 people
- By 2030
- 329,762 · +6.1%
- By 2040
- 368,052 · +18.4%
- By 2050
- 401,196 · +29.1%
- By 2075
- 472,488 · +52.0%
- By 2100
- 500,446 · +61.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.67)
- Race & ethnicity
- Black 50% Asian 20% Hispanic / Latino 19% Two or more races 7% White 7%
- Hispanic origin (detail)
- Mexican 11% Dominican 1%
- Foreign-born
- 24% · Vietnam, Canada, South Korea
- Languages at home
- 63% English-only · Spanish 17% Vietnamese 16% Other Asian/Pacific 1%
Political lean MEDSL · Clayton
- 2024 margin
- Solid D (+69.2) · D 84.3% · R 15.1%
- 2008→2024 swing
- +2.8pp toward D · 2008: 66.4pp · 2024: 69.2pp
- All cycles
- 2024: D+69.2 2020: D+70.9 2016: D+71.9 2012: D+70.1 2008: D+66.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -98.24%
- Current HPI
- 192.3741
- Rent YoY
- ▼ -1.00%
- 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
+122.2% since first listed25 events — show timeline
- 2026-01-23 Pending — FMLS
- 2026-01-20 Contingent — FMLS
- 2026-01-20 Pending — GAMLS
- 2025-12-31 Listing Removed — GAMLS
- 2025-12-31 Listing Removed — FMLS
- 2025-12-30 Relisted — GAMLS
- 2025-12-30 Relisted — GAMLS
- 2025-12-30 Relisted — FMLS
- 2025-12-30 Relisted — FMLS
- 2025-12-18 Pending — FMLS
- 2025-12-18 Contingent — GAMLS
- 2025-12-18 Contingent — FMLS
- 2025-12-18 Contingent — GAMLS
- 2025-09-02 Price Changed $100,000 FMLS
- 2025-09-02 Price Changed $100,000 GAMLS
- 2025-09-02 Price Changed $100,000 GAMLS
- 2025-09-02 Price Changed $100,000 FMLS
- 2025-08-04 Listed $125,000 GAMLS
- 2025-08-04 Listed $125,000 FMLS
- 2025-07-22 Listed $125,000 GAMLS
- 2025-07-22 Listed $125,000 FMLS
- 2020-08-06 Sold (Public Records) $47,000 Public Records
- 2020-08-04 Sold (MLS) $47,000 GAMLS
- 2020-07-12 Pending — GAMLS
- 2020-06-29 Listed $45,000 GAMLS
Property tax history
+7.7%/yrLatest (2025): $1,650 · +4.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…