339 Windemere Way · Riverdale, GA 30238

$99,200

4 bd · 3.0 ba · 1,326 sqft · SingleFamily public records · 2 Days on market

Built 1967 0.29 ac lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

4-sided brick ranch featuring 3 bedrooms and 2 bathrooms with 1,326 sq ft of living space. Property includes a carport, detached garage, and driveway parking. Built in 1967 on a slab foundation. Home requires full renovation. Convenient Jonesboro location with easy access to I-75, I-285, shopping, dining, Clayton State University, and Hartsfield-Jackson Atlanta International Airport. Great opportunity for renovation or investment. The photos have been generated with AI to show potential after items are removed. We have a new investor loan program with great rates and terms, contact us to learn more, and we can get you approved in 24 hours. This property is being sold as-is. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Do not use ShowingTime. The agent is ONLY transactional. Please refer to private remarks for showing instructions. 3D Matterport tour available.

Key facts

• Slab foundation
• 4 sided brick ranch
• Carport

Tags

• 4 SIDED BRICK RANCH
• CARPORT
• DETACHED GARAGE
• DRIVEWAY PARKING
• SLAB FOUNDATION
• FULL RENOVATION

Property features AI

Finance

• HOA & community: Located near schools and shopping

Exterior

• Parking: Detached carport with two spaces; Total of 1 designated parking (listing shows 1 total and a 2-space carport)
• Utilities: Public water; Public sewer; 220-volt electric; Cable available; Electricity available; Phone available; Sewer available; Water available
• Home design: One-level home
• Construction: Brick (4 sides) construction; Composition roof; Slab foundation; Property listed as fixer condition
• Exterior features: Back yard fencing; Covered patio

Interior

• Kitchen: Eat-in kitchen with alternative surface countertops; Dishwasher; Electric cooktop; Electric oven; Microwave
• Bedrooms: Three main-level bedrooms; Master bedroom on the main level
• Flooring: Carpet; Hardwood; Tile
• Bathrooms: Two full bathrooms; Main-level bathrooms; Master bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air conditioning; Ceiling fan(s)
• Interior features: Double-pane windows; No shared/common walls; Other interior features
• Laundry & utility: Laundry located on the main level

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $842 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Cap rate 16.5% vs local median 5.5% in Riverdale — 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 (#100 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute 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: Swint Elementary School (math 5% / reading 24%, grade F, #988 of 1,228 statewide, top 81%, 582 students, 90% FRL); Kendrick Middle School (math 17% / reading 27%, grade F, #333 of 470 statewide, top 72%, 696 students, 90% FRL); Jonesboro High School (math 12% / reading 17%, grade F, #315 of 424 statewide, top 76%, 1,535 students, 91% FRL).
• Market conditions: Rents rising (+2.1%/yr); 251 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
• This rent runs 36% of the median local income ($62k/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 $686 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.
• At projected returns (-3.0% appreciation + 2.1% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 2 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

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,200

Questions for the listing agent

1. Built in 1967 — 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 D-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. Crime grade is D 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?
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: 1.90% ✓
• Cap rate: 16.48%
• Cash-on-cash: 36.38%
• DSCR: 2.62
• GRM: 4.4

CMA / ARV

• ARV (on-the-fly): $202,878
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
339 Windemere Way	0.00mi	3/2.0 (-1)	1,326 (0%)	1mo	$99,500	$75	90
7994 Devonshire Dr	0.13mi	3/2.0 (-1)	1,326 (0%)	4mo	$135,000	$102	82
8236 Tudor Dr	0.41mi	3/2.0 (-1)	1,352 (+2%)	6mo	$200,000	$148	64
7845 Chase Woods Dr	0.37mi	4/2.0	1,240 (-6%)	7mo	$227,000	$183	62
8169 Kendrick Rd	0.44mi	4/2.5	1,404 (+6%)	8mo	$169,000	$120	61
8344 Attleboro Dr	0.67mi	4/2.0	1,276 (-4%)	1mo	$195,000	$153	58
403 Brittan Trl	0.74mi	3/2.0 (-1)	1,286 (-3%)	1mo	$220,000	$171	50
8357 Kendrick Rd	0.62mi	3/1.0 (-1)	1,352 (+2%)	7mo	$184,000	$136	49
169 Sedgefield	0.75mi	3/2.0 (-1)	1,300 (-2%)	9mo	$215,200	$166	45
7755 Chase Woods Dr	0.57mi	3/3.0 (-1)	1,479 (+12%)	7mo	$119,000	$80	44
7747 Rountree Xing	0.73mi	3/2.0 (-1)	1,275 (-4%)	11mo	$238,000	$187	41
8317 Marlborough Dr	0.64mi	3/2.0 (-1)	1,127 (-15%)	8mo	$230,000	$204	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.06% rent growth · sell at horizon

5-year hold

• IRR: 31.1%
• Equity multiple: 2.29×
• Total profit: $35,791
• Equity at exit: $14,791

10-year hold

• IRR: 37.8%
• Equity multiple: 4.35×
• Total profit: $93,122
• Equity at exit: $8,577

Cash invested: $27,776 (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 30238

• Home prices YoY: -33.3%
• Rents YoY: 2.1%
• Active inventory: 251
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,890 high
• Mortgage (P&I): −$520
• Tax from tax record: −$89 /mo · $1,070/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $842

Break-even live

Break-even rent $824

Max offer price $99,200

Occupancy floor 50%

Sensitivity live

Price	-10% $898	-5% $870	+0% $842	+5% $814	+10% $786
Rent	-10% $693	-5% $767	+0% $842	+5% $917	+10% $991
Rate	-1.0pp $892	-0.5pp $867	base $842	+0.5pp $816	+1.0pp $790

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: $24,800
• Closing costs: $2,976
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Riverview Pl Jonesboro, GA	1.0–3.0	1.0–2.0	1153	$2,002	$1.74	2d	18	0.26mi
8154 Huntington Dr Jonesboro, GA	3.0	2.0	1188	$1,661	$1.40	3d	1	0.26mi
8150 Flamingo Dr Jonesboro, GA	3.0	2.0	1092	$1,630	$1.49	5d	1	0.42mi
8141 Hynds Springs Ln Jonesboro, GA	3.0	2.0	1360	$1,715	$1.26	44d	1	0.48mi
7800 Park Ln Jonesboro, GA	3.0	1.5	1036	$1,723	$1.66	44d	1	0.49mi
7799 Park Ln Jonesboro, GA	3.0	1.5	1112	$1,500	$1.35	5d	1	0.50mi
1 Magnolia Cir Jonesboro, GA	1.0–3.0	1.0–2.0	925	$1,622	$1.75	2d	15	0.51mi
53 Skylark Ln Jonesboro, GA	3.0	1.5	1176	$1,595	$1.36	25d	1	0.51mi
7767 Park Ln Jonesboro, GA	3.0	1.5	1065	$1,660	$1.56	44d	1	0.56mi
8225 Attleboro Dr Jonesboro, GA	3.0	2.0	1040	$1,295	$1.25	19d	1	0.59mi
7725 Newbury Dr Jonesboro, GA	4.0	2.5	1844	$1,800	$0.98	44d	1	0.62mi
14 Cardinal Ln Jonesboro, GA	3.0	2.0	1118	$1,501	$1.34	6d	1	0.62mi
66 Darwin Dr Jonesboro, GA	3.0	2.0	1118	$1,425	$1.27	5d	1	0.69mi
8038 Flamingo Dr Jonesboro, GA	3.0	1.5	1178	$1,553	$1.32	25d	1	0.69mi
8268 Dunellen Ln Jonesboro, GA	4.0	2.0	1352	$1,805	$1.34	44d	1	0.71mi
164 Meadowlark Ln Jonesboro, GA	3.0	1.5	1056	$1,665	$1.58	2d	1	0.71mi
8147 Mountain Pass Riverdale, GA	3.0	2.0	1432	$1,960	$1.37	6d	1	0.75mi
7 Old Roundtree Rd Riverdale, GA	3.0	2.5	1620	$1,840	$1.14	11d	1	0.82mi
8337 Holly Dr Jonesboro, GA	4.0	1.5	1701	$1,950	$1.15	5d	1	0.84mi
631 Sycamore Dr Jonesboro, GA	3.0	2.0	1568	$1,955	$1.25	2d	1	0.88mi
8226 Canyon Forge Dr Riverdale, GA	3.0	2.5	1512	$1,631	$1.08	13d	1	0.96mi
537 Fielding Cir Riverdale, GA	3.0	1.0	1025	$1,465	$1.43	25d	1	0.97mi
8194 Canyon Forge Dr Riverdale, GA	3.0	2.5	1488	$1,555	$1.05	5d	1	1.01mi
8050 Taylor Rd Riverdale, GA	1.0–3.0	1.0–2.0	944	$1,315	$1.39	2d	12	1.04mi
8195 Rhodes Way Riverdale, GA	3.0	2.0	1546	$2,090	$1.35	25d	1	1.05mi
8183 Rhodes Way Riverdale, GA	3.0	2.5	1650	$1,945	$1.18	20d	1	1.06mi
8420 Stonewall Jackson Dr Jonesboro, GA	5.0	2.0	1423	$1,595	$1.12	44d	1	1.06mi
8542 Taylor Rd Riverdale, GA	3.0	1.0	1120	$1,435	$1.28	6d	1	1.09mi
673 Jeb Stuart Dr Jonesboro, GA	3.0	2.0	1454	$1,800	$1.24	6d	1	1.15mi
673 Jeb Stuart Dr Jonesboro, GA	3.0	2.0	1455	$1,850	$1.27	44d	1	1.15mi
234 Montego Cir Riverdale, GA	3.0	2.0	1122	$1,615	$1.44	25d	1	1.17mi
976 5th Ave Jonesboro, GA	3.0	2.0	1496	$2,000	$1.34	6d	1	1.18mi
777 Jeb Stuart Dr Jonesboro, GA	3.0	2.0	1040	$1,700	$1.63	45d	1	1.23mi
227 Avalon Way Riverdale, GA	4.0	2.0	1812	$2,091	$1.15	5d	1	1.24mi
216 Rivergate Ct Jonesboro, GA	5.0	2.5	1831	$2,395	$1.31	44d	1	1.25mi
240 Flint River Rd Jonesboro, GA	2.0–3.0	1.0–2.0	918	$1,695	$1.85	3d	67	1.26mi
7943 Taylor Cir Riverdale, GA	3.0	2.0	1344	$1,665	$1.24	44d	1	1.26mi
69 Flint River Rd Unit 1UNIT 16 A Riverdale, GA	3.0	2.5	1274	$1,550	$1.22	44d	1	1.27mi
289 Montego Cir Riverdale, GA	3.0	2.0	1254	$1,768	$1.41	44d	1	1.29mi
7545 Tara Rd Jonesboro, GA	1.0–3.0	1.0–2.0	1032	$1,562	$1.51	2d	20	1.41mi

Listing history 7 events

1. 2026-05-20
   status Under Contract 933-char remark

   Show marketing remark (933 chars)

   4-sided brick ranch featuring 3 bedrooms and 2 bathrooms with 1,326 sq ft of living space. Property includes a carport, detached garage, and driveway parking. Built in 1967 on a slab foundation. Home requires full renovation. Convenient Jonesboro location with easy access to I-75, I-285, shopping, dining, Clayton State University, and Hartsfield-Jackson Atlanta International Airport. Great opportunity for renovation or investment. The photos have been generated with AI to show potential after items are removed. We have a new investor loan program with great rates and terms, contact us to learn more, and we can get you approved in 24 hours. This property is being sold as-is. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Do not use ShowingTime. The agent is ONLY transactional. Please refer to private remarks for showing instructions. 3D Matterport tour available.

2. 2026-05-20
   status Pending

   Show marketing remark (933 chars)

   4-sided brick ranch featuring 3 bedrooms and 2 bathrooms with 1,326 sq ft of living space. Property includes a carport, detached garage, and driveway parking. Built in 1967 on a slab foundation. Home requires full renovation. Convenient Jonesboro location with easy access to I-75, I-285, shopping, dining, Clayton State University, and Hartsfield-Jackson Atlanta International Airport. Great opportunity for renovation or investment. The photos have been generated with AI to show potential after items are removed. We have a new investor loan program with great rates and terms, contact us to learn more, and we can get you approved in 24 hours. This property is being sold as-is. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Do not use ShowingTime. The agent is ONLY transactional. Please refer to private remarks for showing instructions. 3D Matterport tour available.

3. 2026-05-18
   listed $99,200 New 933-char remark

   Show marketing remark (933 chars)

   4-sided brick ranch featuring 3 bedrooms and 2 bathrooms with 1,326 sq ft of living space. Property includes a carport, detached garage, and driveway parking. Built in 1967 on a slab foundation. Home requires full renovation. Convenient Jonesboro location with easy access to I-75, I-285, shopping, dining, Clayton State University, and Hartsfield-Jackson Atlanta International Airport. Great opportunity for renovation or investment. The photos have been generated with AI to show potential after items are removed. We have a new investor loan program with great rates and terms, contact us to learn more, and we can get you approved in 24 hours. This property is being sold as-is. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Do not use ShowingTime. The agent is ONLY transactional. Please refer to private remarks for showing instructions. 3D Matterport tour available.

4. 2026-05-18
   listed $99,200 Active

   Show marketing remark (933 chars)

   4-sided brick ranch featuring 3 bedrooms and 2 bathrooms with 1,326 sq ft of living space. Property includes a carport, detached garage, and driveway parking. Built in 1967 on a slab foundation. Home requires full renovation. Convenient Jonesboro location with easy access to I-75, I-285, shopping, dining, Clayton State University, and Hartsfield-Jackson Atlanta International Airport. Great opportunity for renovation or investment. The photos have been generated with AI to show potential after items are removed. We have a new investor loan program with great rates and terms, contact us to learn more, and we can get you approved in 24 hours. This property is being sold as-is. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Do not use ShowingTime. The agent is ONLY transactional. Please refer to private remarks for showing instructions. 3D Matterport tour available.

5. 2005-11-30
   soldstatus $113,500
6. 2005-11-30
   soldstatus $113,500
7. 1967-10-24
   soldstatus $16,500

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

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $1,070 · $89/mo
• Projected year-2 tax: $1,070 · $89/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,674
• − Mortgage interest: −$5,557
• − Property taxes: −$1,070
• − Insurance: −$496
• − Repairs & maintenance: −$1,814
• − Management: −$1,814
• − Depreciation: −$2,886
• Taxable income: $9,038
• Est. tax owed @ 24.0%: −$2,169
• After-tax cash flow: $7,935/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 — Riverdale

• Score: 70/100
• State rank: #100
• US rank: #7907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Clayton County · 230,153 people
• City population: 61,126
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 43,191
• Household income: $62,185
• Rent vs Own: 36.2% rent · 63.8% own
• Severe rent burden: 1992.0

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: Predominantly Black (71%)
• Race & ethnicity: Black 71% Hispanic / Latino 17% White 7% Two or more races 7%
• Hispanic origin (detail): Mexican 13% Puerto Rican 2%
• Foreign-born: 11% · Canada, United Kingdom
• Languages at home: 83% English-only · Spanish 14% French/Haitian/Cajun 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: ▼ -105.48%
• Current HPI: 211.6309
• Rent YoY: ▲ 2.06%
• 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
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+501.2% since first listed

7 events — show timeline

• 2026-05-20 Pending — GAMLS
• 2026-05-20 Pending — FMLS
• 2026-05-18 Listed $99,200 FMLS
• 2026-05-18 Listed $99,200 GAMLS
• 2005-11-30 Sold (Public Records) $113,500 Public Records
• 2005-11-30 Sold (Public Records) $113,500 Public Records
• 1967-10-24 Sold (Public Records) $16,500 Public Records

Property tax history

+7.3%/yr

Latest (2025): $1,070 · +4.8% YoY. Source: county tax records.