1077 New Hope Rd · Lawrenceville, GA 30045

$150,000

3 bd · 2.0 ba · 1,360 sqft · SingleFamily public records · 32 Days on market

Built 1983 0.60 ac lot $110/sqft · 55% below area

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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 +4.2/5.0
• Schools +3.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

Key facts

• Near dining
• Future development
• Near shopping

Tags

• FRONT AND BACK PORCH
• POTENTIAL COMMERCIAL USE
• FUTURE DEVELOPMENT
• LIVE WORK POSSIBILITIES
• NEAR SHOPPING
• NEAR DINING

Property features AI

Exterior

• Parking: Driveway; Open parking available
• Utilities: Public water; Public sewer; 110-volt electric; Cable available; Electricity available; Natural gas available; Phone available; Underground utilities; Water available; Sewer available
• Home design: Double wide mobile home; One level; Facing and entry details not provided
• Construction: Wood siding exterior; Composition roof; Block foundation; Property listed as fixer
• Exterior features: Covered patio/porch; Deck; Front porch; Rear porch; Shed(s); Other exterior features

Interior

• Kitchen: Electric range; Refrigerator; Other kitchen features
• Bedrooms: Three main-level bedrooms; Master bedroom on main level
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms (both on main level); Master bathroom with other features
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Walk-in closet(s); Other interior features
• Laundry & utility: Laundry located in hall

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $777 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $146k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.5% vs local median 3.8% in Lawrenceville — 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 85/100 on livability (#3 in GA, #473 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: crime C-, employment D+.
• Gwinnett County (suburban): math 39% / reading 43% proficiency, ranked #32 of 174 in GA (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lovin Elementary School (math 31% / reading 38%, grade F, #531 of 1,228 statewide, top 45%, 893 students, 63% FRL); Mcconnell Middle School (math 39% / reading 51%, grade D, #103 of 470 statewide, top 23%, 2,176 students, 51% FRL); Archer High School (math 32% / reading 33%, grade F, #104 of 424 statewide, top 25%, 3,134 students, 43% FRL).
• Market conditions: Rents soft (-1.1%/yr); 426 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,607 units permitted in Gwinnett County in 2024 (1,277 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 $4k of value loss. Plan a longer hold.
• Gwinnett County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $42k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $100k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $52k; list at $150k implies a 186% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.53% ✓
• Cap rate: 12.51%
• Cash-on-cash: 22.20%
• DSCR: 1.99
• GRM: 5.4

CMA / ARV

• ARV (median comp): $329,832
• List price: $150,000
• Delta: -54.52%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
181 Bernice Dr	0.30mi	3/2.0	1,448 (+6%)	12mo	$310,000	$214	65
977 Hilltop Ct	0.37mi	3/2.0	1,372 (+1%)	21mo	$332,000	$242	64
112 Bernice Dr	0.36mi	3/2.0	1,482 (+9%)	12mo	$325,000	$219	58
867 Mccart Rd	0.52mi	2/2.0 (-1)	1,216 (-11%)	0mo	$175,000	$144	53
865 Turner Dr	0.56mi	3/2.0	1,515 (+11%)	13mo	$310,000	$205	44
1471 Beechwood Cir	0.48mi	3/2.0	1,243 (-9%)	24mo	$325,000	$261	43
425 Madison Chase Dr	0.58mi	3/2.0	1,519 (+12%)	19mo	$340,000	$224	38
152 Park Place Dr	0.73mi	3/2.0	1,242 (-9%)	18mo	$290,000	$233	36

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 11.5%
• Equity multiple: 1.44×
• Total profit: $18,483
• Equity at exit: $22,365

10-year hold

• IRR: 18.0%
• Equity multiple: 2.28×
• Total profit: $53,913
• Equity at exit: $12,969

Cash invested: $42,000 (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.

Methodology + full state rankings →

ZIP-level market 30045

• Home prices YoY: -34.5%
• Rents YoY: -1.1%
• Active inventory: 426
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,302 high
• Mortgage (P&I): −$787
• Tax from tax record: −$192 /mo · $2,308/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $777

Break-even live

Break-even rent $1,318

Max offer price $150,000

Occupancy floor 61%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1145 Brook Meadow Ct Lawrenceville, GA	3.0	2.0	1856	$2,300	$1.24	19d	1	0.20mi
980 Hilltop Ct Lawrenceville, GA	4.0	2.0	1536	$2,000	$1.30	24d	1	0.36mi
102 Park Place Dr Lawrenceville, GA	3.0	2.0	1444	$2,295	$1.59	18d	1	0.69mi
111 Park Place Dr Lawrenceville, GA	4.0	3.0	1872	$2,281	$1.22	24d	1	0.74mi
907 Keldron Ct Lawrenceville, GA	3.0	2.0	1752	$2,400	$1.37	19d	1	0.81mi
564 Kirtley Ct Lawrenceville, GA	3.0	2.0	1760	$2,080	$1.18	2d	1	0.85mi
209 Park Place Dr Lawrenceville, GA	3.0	2.5	1480	$1,849	$1.25	3d	1	0.98mi
445 Windsor Brook Ln Lawrenceville, GA	4.0	2.0	1720	$2,071	$1.20	4d	1	1.08mi
54 Oxford Brook Way Lawrenceville, GA	3.0	2.0	1672	$2,150	$1.29	44d	1	1.13mi
69 Forest Pl Lawrenceville, GA	2.0	1.5	1100	$1,650	$1.50	13d	1	1.34mi
291 Summer Pond Trl Lawrenceville, GA	3.0	2.0	1676	$1,450	$0.87	22d	1	1.36mi
280 Summer Pond Trl Lawrenceville, GA	4.0	2.5	1576	$2,173	$1.38	44d	1	1.41mi
429 Strickland Ct Lawrenceville, GA	3.0	2.0	1580	$1,850	$1.17	44d	1	1.49mi

Listing history 13 events

1. 2026-06-03
   status $150,000 Pending 32 DOM

   Show marketing remark (896 chars)

   Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

2. 2026-06-02
   days on market $150,000 Active 32 DOM
3. 2026-06-01
   days on market $150,000 Active 31 DOM
4. 2026-05-31
   pricedays on market $150,000 Active 30 DOM
5. 2026-05-16
   price $200,000 896-char remark

   Show marketing remark (896 chars)

   Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

6. 2026-05-16
   price $200,000 896-char remark

   Show marketing remark (896 chars)

   Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

7. 2026-05-12
   price $230,000 896-char remark

   Show marketing remark (896 chars)

   Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

8. 2026-05-12
   price $230,000 896-char remark

   Show marketing remark (896 chars)

   Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

9. 2026-05-07
   price $240,000 896-char remark

   Show marketing remark (896 chars)

   Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

10. 2026-05-07
    price $240,000 896-char remark

    Show marketing remark (896 chars)

    Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

11. 2026-05-01
    listed $250,000 Active 896-char remark
12. 2026-04-24
    listed $250,000 New 896-char remark

    Show marketing remark (896 chars)

    Great Opportunity in a Prime Location! Located on desirable New Hope Road in Lawrenceville, this 3-bedroom, 2-bath double-wide manufactured home offers approximately 1,360 square feet and sits on a beautiful lot with strong potential. Built in 1983, the home features both a front and back porch and is ready for updates-perfect for investors, renovators, or buyers looking to customize. Positioned in a high-visibility area with potential commercial use (buyer to verify zoning and intended use with Gwinnett County), this property presents a unique opportunity for future development or live/work possibilities. Conveniently located near shopping, dining, and major roadways, with access to the Archer High School district, adding to its overall appeal. Sold as-is. No seller disclosures. Cash or rehab loan preferred. Must sign hold harmless document before touring. See private remarks.

13. 1989-06-05
    soldstatus $52,500

ⓘ 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: $2,308 · $192/mo
• Projected year-2 tax: $2,308 · $192/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 5/10 Major 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,624
• − Mortgage interest: −$8,402
• − Property taxes: −$2,308
• − Insurance: −$750
• − Repairs & maintenance: −$2,210
• − Management: −$2,210
• − Depreciation: −$4,364
• Taxable income: $7,381
• Est. tax owed @ 24.0%: −$1,771
• After-tax cash flow: $7,555/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: Gwinnett County
• NCES district ID: 1302550
• Math proficiency: 39% ▼ -15.00%
• Reading proficiency: 43% ▼ -10.00%
• Median HH income: $62,416
• Composite: 36.5/100
• National rank: #4648
• State rank: #32 of 174 in GA

Livability — Lawrenceville

• Score: 85/100
• State rank: #3
• US rank: #473

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Gwinnett County · 952,346 people
• City population: 276,247
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 44,993
• Household income: $104,350
• Rent vs Own: 16.8% rent · 83.2% own
• Severe rent burden: 659.0

Population outlook (Gwinnett County) Hauer SSP2

• Today (2025): 1,106,028 people
• By 2030: 1,211,414 · +9.5%
• By 2040: 1,422,277 · +28.6%
• By 2050: 1,623,204 · +46.8%
• By 2075: 2,105,240 · +90.3%
• By 2100: 2,443,321 · +120.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Black 43% White 26% Hispanic / Latino 21% Two or more races 11% Asian 6%
• Hispanic origin (detail): Mexican 9% Puerto Rican 2% Dominican 3%
• Common ancestry: Slovak 2% Italian 2% American 1%
• Foreign-born: 22% · Canada, Vietnam, South Korea
• Languages at home: 70% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 2%

Political lean MEDSL · Gwinnett

• 2024 margin: D (+16.5) · D 57.6% · R 41.1% · Other 1.2%
• 2008→2024 swing: +26.8pp toward D · 2008: -10.2pp · 2024: 16.5pp
• All cycles: 2024: D+16.5 2020: D+18.3 2016: D+5.8 2012: R+9.4 2008: R+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -120.05%
• Current HPI: 228.0768
• Rent YoY: ▼ -1.09%
• 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

+185.7% since first listed

15 events — show timeline

• 2026-06-03 Pending — GAMLS
• 2026-06-03 Pending — FMLS
• 2026-05-30 Price Changed $150,000 FMLS
• 2026-05-30 Price Changed $150,000 GAMLS
• 2026-05-27 Price Changed $185,000 GAMLS
• 2026-05-27 Price Changed $185,000 FMLS
• 2026-05-16 Price Changed $200,000 FMLS
• 2026-05-16 Price Changed $200,000 GAMLS
• 2026-05-12 Price Changed $230,000 FMLS
• 2026-05-12 Price Changed $230,000 GAMLS
• 2026-05-07 Price Changed $240,000 FMLS
• 2026-05-07 Price Changed $240,000 GAMLS
• 2026-05-01 Listed $250,000 FMLS
• 2026-04-24 Listed $250,000 GAMLS
• 1989-06-05 Sold (Public Records) $52,500 Public Records

Property tax history

+5.8%/yr

Latest (2025): $2,308 · -1.0% YoY. Source: county tax records.