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1329 Woodstone Trce
C Composite 59.02
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

1329 Woodstone Trce · Morrow, GA 30260
2 bd · 2.0 ba · 1,072 sqft · Condo public records · 184 Days on market
Built 1972 $220/mo HOA · 15% of rent

🖨 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

PRIVATE FENCED BACKPRIVATE FENCED FRONTLOW INSURANCE PREMIUM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $88,000 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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

5-year hold
IRR
-6.8%
Equity multiple
0.76×
Total profit
$-6,797
Equity at exit
$14,910
10-year hold
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
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

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

Break-even rent $1,169
Max offer price $100,000
Occupancy floor 80%

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

AddressBedsBaths SqftRent$/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

  1. 2026-01-23
    status Pending
  2. 2026-01-20
    historical 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!!

  3. 2026-01-20
    status 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!!

  4. 2025-12-31
    historical
  5. 2025-12-31
    historical
  6. 2025-12-30
    status 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!!

  7. 2025-12-30
    status 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!!

  8. 2025-12-30
    status 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!!

  9. 2025-12-30
    status 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!!

  10. 2025-12-18
    status 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!!

  11. 2025-12-18
    historical 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!!

  12. 2025-12-18
    historical 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!!

  13. 2025-12-18
    historical 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!!

  14. 2025-09-02
    price $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!!

  15. 2025-09-02
    price $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!!

  16. 2025-09-02
    price $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!!

  17. 2025-09-02
    price $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!!

  18. 2025-08-04
    listed $125,000 Active
  19. 2025-08-04
    listed $125,000 New
  20. 2025-07-22
    listed $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!!

  21. 2025-07-22
    listed $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!!

  22. 2020-08-06
    soldstatus $47,000
  23. 2020-08-04
    soldstatus $47,000 Sold
  24. 2020-07-12
    status Under Contract
  25. 2020-06-29
    listed $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
combined federal + state — saved on this device
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

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

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
52.6% rent · 47.4% 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

Price history

+122.2% since first listed
25 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%/yr

Latest (2025): $1,650 · +4.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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