415 Mount Zion St · Bremen, GA 30110

$208,000

3 bd · 1.0 ba · 1,058 sqft · SingleFamily public records · 12 Days on market

Built 1960 0.76 ac lot $197/sqft · at area comps Est $207k · at est.

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Why this score? — see what drove the F 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 +7.3/15.0
• Cash flow +6.6/30.0
• Schools +5.9/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.1/10.0
• DSCR +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

FULLY RENOVATED 3-bedroom, 2-bath home situated on a spacious .76-acre lot! This beautiful move-in-ready property features a newly painted interior, durable LVP floors, impressive bathroom tiles, stunning white shaker cabinets, timeless granite countertops with a large breakfast bar, upgraded hardware and fixtures throughout, and remodeled closets that offer both style and functionality. Enjoy outdoor living in the brand-new fenced-in backyard that's perfect for pets, playing games during the day, and entertaining friends and family around the firepit on cool evenings. Conveniently located near Georgia's top performing schools, fabulous shopping, delicious restaurants, and local businesses in historic downtown Bremen, with quick access to I-20 for easy commuting. Offering a rare combination of modern updates, generous lot size, and prime location at an affordable price! Book an appointment today! Note: Listing Agent is related to the Seller.

Key facts

• Fully renovated
• Large breakfast bar
• Granite countertops

Tags

• FULLY RENOVATED
• DURABLE LVP FLOORS
• IMPRESSIVE BATHROOM TILES
• WHITE SHAKER CABINETS
• GRANITE COUNTERTOPS
• LARGE BREAKFAST BAR

Property features AI

Exterior

• Parking: Kitchen level parking
• Utilities: Public water; Public sewer; 220 volt electric available; Electricity available
• Home design: One and one half levels; Resale property; Fee simple ownership
• Construction: Vinyl siding; Metal roof; Pillar/post/pier foundation
• Exterior features: Private yard; Back yard fenced; Covered front porch

Interior

• Kitchen: White cabinets; Stone counters; Dishwasher; Microwave
• Bedrooms: Two main-level bedrooms; One upper-level bedroom; Split bedroom plan
• Flooring: Ceramic tile; Laminate
• Bathrooms: Two full bathrooms; One main-level bathroom; One upper-level full bathroom; Master bathroom with shower-only
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Beamed ceilings; High ceilings (9 ft on lower, main and upper levels); High speed internet; Insulated windows; No common walls; Fire pit outside
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $208k.

Deal economics

• At list price, monthly cash flow is $-345 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $147k (29.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $127k (39.2% below list).
• Recommended offer: $127k (39.2% below list) — sets the bar for 1% rule.
• Cap rate 4.3% vs local median 3.2% in Bremen — 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 (#97 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Bremen City (town): math 72% / reading 68% proficiency, ranked #3 of 174 in GA (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Bremen Middle School (math 75% / reading 72%, grade A, #9 of 470 statewide, top 2%, 509 students, 14% FRL); Bremen High School (math 52% / reading 57%, grade C-, #21 of 424 statewide, top 5%, 749 students, 15% FRL).
• Market conditions: 145 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 225 units permitted in Haralson 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 $6k of value loss. Plan a longer hold.
• Haralson County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 4y ago; this cycle's ask is 12135% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,556 (39.2% below list)

Questions for the listing agent

1. 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?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.61% ✗
• Cap rate: 4.30%
• Cash-on-cash: -7.10%
• DSCR: 0.68
• GRM: 13.7

CMA / ARV

• ARV (median comp): $207,040
• List price: $208,000
• Delta: 0.46%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
448 Mount Zion St	0.11mi	3/1.0	960 (-9%)	23mo	$176,550	$184	60
735 Tallapoosa St W	0.61mi	3/2.0	1,104 (+4%)	7mo	$254,000	$230	55
50 Greenwood St	0.61mi	2/2.0 (-1)	1,123 (+6%)	12mo	$257,000	$229	42
200 Canterbury Walk	0.74mi	3/2.0	1,184 (+12%)	8mo	$262,765	$222	34
641 Tallapoosa St W	0.60mi	3/1.0	901 (-15%)	20mo	$107,500	$119	31
104 Ayers St	0.72mi	2/1.0 (-1)	900 (-15%)	15mo	$185,000	$206	24

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: -28.7%
• Equity multiple: 0.04×
• Total profit: $-55,699
• Equity at exit: $31,013

10-year hold

• IRR: -28.4%
• Equity multiple: -0.32×
• Total profit: $-76,927
• Equity at exit: $17,984

Cash invested: $58,240 (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 30110

• Home prices YoY: -8.0%
• Active inventory: 145
• Price-to-rent: 13.7×

Monthly cashflow live

• Estimated rent: $1,266 medium
• Mortgage (P&I): −$1,091
• Tax from tax record: −$167 /mo · $2,005/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $-345

Break-even live

Break-even rent $1,702

Max offer price $147,103

Occupancy floor —

Sensitivity live

Price	-10% $-227	-5% $-286	+0% $-345	+5% $-404	+10% $-462
Rent	-10% $-445	-5% $-395	+0% $-345	+5% $-295	+10% $-245
Rate	-1.0pp $-240	-0.5pp $-292	base $-345	+0.5pp $-399	+1.0pp $-453

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: $52,000
• Closing costs: $6,240
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
417 Tallapoosa St Bremen, GA	2.0–3.0	2.0	1089	$1,375	$1.26	2d	1	0.70mi
409 Tallapoosa St Bremen, GA	2.0	1.5	1050	$1,295	$1.23	2d	1	0.70mi
111 Kaiser St Bremen, GA	2.0	2.0	1128	$1,195	$1.06	2d	1	1.05mi
235 Georgia Ave N Bremen, GA	3.0	2.0	1100	$4,800	$4.36	44d	1	1.45mi
243 N Georgia Ave Apt C Bremen, GA	2.0	1.0	700	$2,600	$3.71	2d	1	1.46mi
243 N Georgia Ave Apt A Bremen, GA	2.0	1.0	700	$2,300	$3.29	44d	1	1.48mi
121 Marchman St Bremen, GA	2.0	1.0	775	$1,000	$1.29	44d	1	1.49mi

Listing history 38 events

1. 2026-05-12
   historical $1,750
2. 2026-05-11
   status Pending 957-char remark

   Show marketing remark (957 chars)

   FULLY RENOVATED 3-bedroom, 2-bath home situated on a spacious .76-acre lot! This beautiful move-in-ready property features a newly painted interior, durable LVP floors, impressive bathroom tiles, stunning white shaker cabinets, timeless granite countertops with a large breakfast bar, upgraded hardware and fixtures throughout, and remodeled closets that offer both style and functionality. Enjoy outdoor living in the brand-new fenced-in backyard that's perfect for pets, playing games during the day, and entertaining friends and family around the firepit on cool evenings. Conveniently located near Georgia's top performing schools, fabulous shopping, delicious restaurants, and local businesses in historic downtown Bremen, with quick access to I-20 for easy commuting. Offering a rare combination of modern updates, generous lot size, and prime location at an affordable price! Book an appointment today! Note: Listing Agent is related to the Seller.

3. 2026-05-11
   status Under Contract 957-char remark

   Show marketing remark (957 chars)

   FULLY RENOVATED 3-bedroom, 2-bath home situated on a spacious .76-acre lot! This beautiful move-in-ready property features a newly painted interior, durable LVP floors, impressive bathroom tiles, stunning white shaker cabinets, timeless granite countertops with a large breakfast bar, upgraded hardware and fixtures throughout, and remodeled closets that offer both style and functionality. Enjoy outdoor living in the brand-new fenced-in backyard that's perfect for pets, playing games during the day, and entertaining friends and family around the firepit on cool evenings. Conveniently located near Georgia's top performing schools, fabulous shopping, delicious restaurants, and local businesses in historic downtown Bremen, with quick access to I-20 for easy commuting. Offering a rare combination of modern updates, generous lot size, and prime location at an affordable price! Book an appointment today! Note: Listing Agent is related to the Seller.

4. 2026-05-08
   price $1,750
5. 2026-05-05
   listed $1,700
6. 2026-04-29
   listed $208,000 Active 957-char remark

   Show marketing remark (957 chars)

   FULLY RENOVATED 3-bedroom, 2-bath home situated on a spacious .76-acre lot! This beautiful move-in-ready property features a newly painted interior, durable LVP floors, impressive bathroom tiles, stunning white shaker cabinets, timeless granite countertops with a large breakfast bar, upgraded hardware and fixtures throughout, and remodeled closets that offer both style and functionality. Enjoy outdoor living in the brand-new fenced-in backyard that's perfect for pets, playing games during the day, and entertaining friends and family around the firepit on cool evenings. Conveniently located near Georgia's top performing schools, fabulous shopping, delicious restaurants, and local businesses in historic downtown Bremen, with quick access to I-20 for easy commuting. Offering a rare combination of modern updates, generous lot size, and prime location at an affordable price! Book an appointment today! Note: Listing Agent is related to the Seller.

7. 2026-04-29
   listed $208,000 New 957-char remark

   Show marketing remark (957 chars)

   FULLY RENOVATED 3-bedroom, 2-bath home situated on a spacious .76-acre lot! This beautiful move-in-ready property features a newly painted interior, durable LVP floors, impressive bathroom tiles, stunning white shaker cabinets, timeless granite countertops with a large breakfast bar, upgraded hardware and fixtures throughout, and remodeled closets that offer both style and functionality. Enjoy outdoor living in the brand-new fenced-in backyard that's perfect for pets, playing games during the day, and entertaining friends and family around the firepit on cool evenings. Conveniently located near Georgia's top performing schools, fabulous shopping, delicious restaurants, and local businesses in historic downtown Bremen, with quick access to I-20 for easy commuting. Offering a rare combination of modern updates, generous lot size, and prime location at an affordable price! Book an appointment today! Note: Listing Agent is related to the Seller.

8. 2026-04-17
   historical
9. 2026-04-03
   price $210,000
10. 2026-03-23
    price $212,000
11. 2026-03-14
    status Back On Market
12. 2026-03-11
    status Under Contract
13. 2026-02-14
    price $214,900
14. 2026-02-07
    listed $219,900 New
15. 2022-08-08
    soldstatus $195,000
16. 2022-07-25
    soldstatus $195,000 Sold
17. 2022-07-25
    soldstatus $195,000 Closed
18. 2022-06-24
    status Pending
19. 2022-06-22
    status Pending
20. 2022-06-16
    status Under Contract
21. 2022-06-12
    price $189,900
22. 2022-06-12
    status Active
23. 2022-06-12
    price $189,900
24. 2022-06-12
    status Back On Market
25. 2022-06-08
    historical Active Under Contract
26. 2022-06-01
    status Pending
27. 2022-05-27
    historical Active Under Contract
28. 2022-05-27
    status Under Contract
29. 2022-05-25
    status Back On Market
30. 2022-05-25
    status Active
31. 2022-05-24
    status Under Contract
32. 2022-05-24
    historical Active Under Contract
33. 2022-05-19
    listed $179,900 Active
34. 2022-05-16
    status Back On Market
35. 2022-04-22
    status Under Contract
36. 2022-04-18
    listed $179,900 New
37. 2022-01-26
    soldstatus $80,000
38. 2004-09-01
    soldstatus $15,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,005 · $167/mo
• Projected year-2 tax: $2,005 · $167/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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,187
• − Mortgage interest: −$11,651
• − Property taxes: −$2,005
• − Insurance: −$1,040
• − Repairs & maintenance: −$1,215
• − Management: −$1,215
• − Depreciation: −$6,051
• Taxable loss: −$7,990
• Est. tax savings @ 24.0%: +$1,918
• After-tax cash flow: $-2,219/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: Bremen City
• NCES district ID: 1300510
• Math proficiency: 72% ▼ -6.00%
• Reading proficiency: 68% ▼ -3.00%
• Median HH income: $50,176
• Composite: 59.41/100
• National rank: #929
• State rank: #3 of 174 in GA

Livability — Bremen

• Score: 70/100
• State rank: #97
• US rank: #7777

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bremen, GA
• Population (ZIP): 14,088

Population outlook (Haralson County) Hauer SSP2

• Today (2025): 29,106 people
• By 2030: 29,023 · -0.3%
• By 2040: 28,434 · -2.3%
• By 2050: 27,144 · -6.7%
• By 2075: 22,666 · -22.1%
• By 2100: 16,475 · -43.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Black 4% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Serbian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Other Indo-European 1%

Political lean MEDSL · Haralson

• 2024 margin: Solid R (+74.4) · D 12.6% · R 87.0%
• 2008→2024 swing: -16.6pp toward R · 2008: -57.8pp · 2024: -74.4pp
• All cycles: 2024: R+74.4 2020: R+74.0 2016: R+71.6 2012: R+64.2 2008: R+57.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -28.20%
• Current HPI: 326.4181
• Rent YoY: —
• Metro: —
• 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

-88.3% since first listed

38 events — show timeline

• 2026-05-12 Rental Removed $1,750 GAMLS
• 2026-05-11 Pending — FMLS
• 2026-05-11 Pending — GAMLS
• 2026-05-08 Price Changed $1,750 GAMLS
• 2026-05-05 Listed for Rent $1,700 GAMLS
• 2026-04-29 Listed $208,000 GAMLS
• 2026-04-29 Listed $208,000 FMLS
• 2026-04-17 Listing Removed — GAMLS
• 2026-04-03 Price Changed $210,000 GAMLS
• 2026-03-23 Price Changed $212,000 GAMLS
• 2026-03-14 Relisted — GAMLS
• 2026-03-11 Pending — GAMLS
• 2026-02-14 Price Changed $214,900 GAMLS
• 2026-02-07 Listed $219,900 GAMLS
• 2022-08-08 Sold (Public Records) $195,000 Public Records
• 2022-07-25 Sold (MLS) $195,000 FMLS
• 2022-07-25 Sold (MLS) $195,000 GAMLS
• 2022-06-24 Pending — FMLS
• 2022-06-22 Pending — FMLS
• 2022-06-16 Pending — GAMLS
• 2022-06-12 Price Changed $189,900 FMLS
• 2022-06-12 Relisted — FMLS
• 2022-06-12 Price Changed $189,900 GAMLS
• 2022-06-12 Relisted — GAMLS
• 2022-06-08 Contingent — FMLS
• 2022-06-01 Pending — FMLS
• 2022-05-27 Contingent — FMLS
• 2022-05-27 Pending — GAMLS
• 2022-05-25 Relisted — GAMLS
• 2022-05-25 Relisted — FMLS
• 2022-05-24 Pending — GAMLS
• 2022-05-24 Contingent — FMLS
• 2022-05-19 Listed $179,900 FMLS
• 2022-05-16 Relisted — GAMLS
• 2022-04-22 Pending — GAMLS
• 2022-04-18 Listed $179,900 GAMLS
• 2022-01-26 Sold (Public Records) $80,000 Public Records
• 2004-09-01 Sold (Public Records) $15,000 Public Records

Property tax history

+12.5%/yr

Latest (2025): $2,005 · +295.5% YoY. Source: county tax records.