4019 3rd Ave · Rockmart, GA 30153

$165,000

2 bd · 1.0 ba · 864 sqft · SingleFamily public records · 4 Days on market

Built 1900 6,534 sqft lot Est $175k · 6% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.5/30.0
• ARV discount +10.2/15.0
• DSCR +5.1/10.0
• 1% rule +3.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 1920s cottage in the heart of Rockmart - and priced to move! Located just minutes from shopping, dining, and everyday conveniences, this 2-bedroom, 1-bath home offers 864 sq ft of character, warmth, and smart updates. The home is total electric with natural gas available. The main-level bedroom provides easy living, while upstairs features a second bedroom plus a flexible bonus space, perfect for a home office, dressing area, or large closet. Major improvements include a newer roof (2021) and HVAC, giving buyers confidence where it matters most. Ideal for first-time buyers, downsizers, or investors looking for a strong opportunity. Schedule your showing ASAP before it's gone!

Key facts

• Flexible bonus space
• 1920s cottage
• Heart of rockmart

Tags

• 1920S COTTAGE
• HEART OF ROCKMART
• MAIN-LEVEL BEDROOM
• FLEXIBLE BONUS SPACE
• NEWER ROOF
• HVAC

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $96 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $139k (15.5% below list).
• Recommended offer: $139k (15.5% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 4.2% in Rockmart — 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 70/100 on livability (#99 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, amenities F, commute F.
• Polk County (town): math 21% / reading 28% proficiency, ranked #128 of 174 in GA (top 74%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Van Wert Elementary School (math 12% / reading 19%, grade F, #973 of 1,228 statewide, top 80%, 696 students, 78% FRL); Rockmart Middle School (math 22% / reading 31%, grade F, #282 of 470 statewide, top 61%, 706 students, 78% FRL); Rockmart High School (math 8% / reading 22%, grade F, #294 of 424 statewide, top 70%, 950 students, 78% FRL) — zoned schools average 78% FRL vs 62% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 204 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 128 units permitted in Polk County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Polk County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 25% 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 $139,478 (15.5% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.85% ✗
• Cap rate: 6.99%
• Cash-on-cash: 2.49%
• DSCR: 1.11
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $175,392
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4019 3rd Ave	0.00mi	2/1.0	864 (0%)	1mo	$175,000	$203	99
218 Litchfield St	0.38mi	2/1.0	896 (+4%)	13mo	$170,000	$190	65
2019 1st Ave	0.21mi	1/1.0 (-1)	912 (+6%)	15mo	$100,000	$110	64
611 Jones Ave	0.60mi	2/2.0	864 (0%)	14mo	$200,000	$231	56
412 Maple St	0.52mi	3/1.0 (+1)	936 (+8%)	2mo	$185,000	$198	55
1047 Fairview Rd	0.65mi	2/2.0	928 (+7%)	18mo	$224,000	$241	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -12.4%
• Equity multiple: 0.55×
• Total profit: $-20,689
• Equity at exit: $24,602

10-year hold

• IRR: -3.4%
• Equity multiple: 0.77×
• Total profit: $-10,399
• Equity at exit: $14,266

Cash invested: $46,200 (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 30153

• Home prices YoY: -4.6%
• Active inventory: 204
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,395 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$72 /mo · $863/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$293
• Net cashflow: $96

Break-even live

Break-even rent $1,273

Max offer price $165,000

Occupancy floor 88%

Sensitivity live

Price	-10% $189	-5% $143	+0% $96	+5% $49	+10% $3
Rent	-10% $-14	-5% $41	+0% $96	+5% $151	+10% $206
Rate	-1.0pp $179	-0.5pp $138	base $96	+0.5pp $53	+1.0pp $10

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
712 Jackson St Rockmart, GA	3.0	1.5	600	$1,245	$2.08	4d	1	0.59mi

Listing history 5 events

1. 2026-05-19
   soldstatus $175,000 Sold 693-char remark

   Show marketing remark (693 chars)

   Charming 1920s cottage in the heart of Rockmart - and priced to move! Located just minutes from shopping, dining, and everyday conveniences, this 2-bedroom, 1-bath home offers 864 sq ft of character, warmth, and smart updates. The home is total electric with natural gas available. The main-level bedroom provides easy living, while upstairs features a second bedroom plus a flexible bonus space, perfect for a home office, dressing area, or large closet. Major improvements include a newer roof (2021) and HVAC, giving buyers confidence where it matters most. Ideal for first-time buyers, downsizers, or investors looking for a strong opportunity. Schedule your showing ASAP before it's gone!

2. 2026-04-25
   status Under Contract 693-char remark

   Show marketing remark (693 chars)

   Charming 1920s cottage in the heart of Rockmart - and priced to move! Located just minutes from shopping, dining, and everyday conveniences, this 2-bedroom, 1-bath home offers 864 sq ft of character, warmth, and smart updates. The home is total electric with natural gas available. The main-level bedroom provides easy living, while upstairs features a second bedroom plus a flexible bonus space, perfect for a home office, dressing area, or large closet. Major improvements include a newer roof (2021) and HVAC, giving buyers confidence where it matters most. Ideal for first-time buyers, downsizers, or investors looking for a strong opportunity. Schedule your showing ASAP before it's gone!

3. 2026-04-25
   status Pending

   Show marketing remark (693 chars)

   Charming 1920s cottage in the heart of Rockmart - and priced to move! Located just minutes from shopping, dining, and everyday conveniences, this 2-bedroom, 1-bath home offers 864 sq ft of character, warmth, and smart updates. The home is total electric with natural gas available. The main-level bedroom provides easy living, while upstairs features a second bedroom plus a flexible bonus space, perfect for a home office, dressing area, or large closet. Major improvements include a newer roof (2021) and HVAC, giving buyers confidence where it matters most. Ideal for first-time buyers, downsizers, or investors looking for a strong opportunity. Schedule your showing ASAP before it's gone!

4. 2026-04-21
   listed $165,000 New 693-char remark

   Show marketing remark (693 chars)

   Charming 1920s cottage in the heart of Rockmart - and priced to move! Located just minutes from shopping, dining, and everyday conveniences, this 2-bedroom, 1-bath home offers 864 sq ft of character, warmth, and smart updates. The home is total electric with natural gas available. The main-level bedroom provides easy living, while upstairs features a second bedroom plus a flexible bonus space, perfect for a home office, dressing area, or large closet. Major improvements include a newer roof (2021) and HVAC, giving buyers confidence where it matters most. Ideal for first-time buyers, downsizers, or investors looking for a strong opportunity. Schedule your showing ASAP before it's gone!

5. 2026-04-21
   listed $165,000 Active

   Show marketing remark (693 chars)

   Charming 1920s cottage in the heart of Rockmart - and priced to move! Located just minutes from shopping, dining, and everyday conveniences, this 2-bedroom, 1-bath home offers 864 sq ft of character, warmth, and smart updates. The home is total electric with natural gas available. The main-level bedroom provides easy living, while upstairs features a second bedroom plus a flexible bonus space, perfect for a home office, dressing area, or large closet. Major improvements include a newer roof (2021) and HVAC, giving buyers confidence where it matters most. Ideal for first-time buyers, downsizers, or investors looking for a strong opportunity. Schedule your showing ASAP before it's gone!

ⓘ 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: $863 · $72/mo
• Projected year-2 tax: $1,518 · $126/mo
• Expected delta: +$655/yr (+$55/mo · 75.9%)

ⓘ 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 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,737
• − Mortgage interest: −$9,243
• − Property taxes: −$863
• − Insurance: −$825
• − Repairs & maintenance: −$1,339
• − Management: −$1,339
• − Depreciation: −$4,800
• Taxable loss: −$1,671
• Est. tax savings @ 24.0%: +$401
• After-tax cash flow: $1,552/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: Polk County
• NCES district ID: 1304200
• Math proficiency: 21% ▼ -15.00%
• Reading proficiency: 28% ▼ -3.00%
• Median HH income: $39,318
• Composite: 20.6/100
• National rank: #8550
• State rank: #128 of 174 in GA

Livability — Rockmart

• Score: 70/100
• State rank: #99
• US rank: #7891

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rockmart, GA
• County: Polk County · 18,467 people
• City population: 18,467
• Metro: Cedartown, GA
• Population (ZIP): 18,467
• Household income: $57,377
• Rent vs Own: 31.6% rent · 68.4% own
• Severe rent burden: 340.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 40,729 people
• By 2030: 40,103 · -1.5%
• By 2040: 38,594 · -5.2%
• By 2050: 36,753 · -9.8%
• By 2075: 31,687 · -22.2%
• By 2100: 25,448 · -37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Black 10% Hispanic / Latino 6% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Italian 2% Slovak 1% Romanian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Polk

• 2024 margin: Solid R (+60.5) · D 19.6% · R 80.1%
• 2008→2024 swing: -19.4pp toward R · 2008: -41.1pp · 2024: -60.5pp
• All cycles: 2024: R+60.5 2020: R+57.1 2016: R+57.5 2012: R+45.6 2008: R+41.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.01%
• Current HPI: 370.1814
• Rent YoY: —
• Metro: Cedartown, 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

+6.1% since first listed

5 events — show timeline

• 2026-05-19 Sold (MLS) $175,000 GAMLS
• 2026-04-25 Pending — GAMLS
• 2026-04-25 Pending — FMLS
• 2026-04-21 Listed $165,000 FMLS
• 2026-04-21 Listed $165,000 GAMLS

Property tax history

+5.2%/yr

Latest (2025): $863 · +7.6% YoY. Source: county tax records.