7327 Howard Cir · Jonesboro, GA 30236

$195,000

3 bd · 1.0 ba · 1,230 sqft · SingleFamily public records · 51 Days on market

Built 1963 $159/sqft · 16% above area Est $217k · 10% 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).

• ARV discount +12.1/15.0
• Cash flow +11.6/30.0
• Livability +3.6/5.0
• DSCR +3.4/10.0
• 1% rule +3.2/10.0
• 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

GREAT STARTER HOME OR INVESTMENT OPPORTUNITY FENCED BACKYARD

Key facts

• Fenced backyard
• Built 1963
• Listed 51 days

Tags

• FENCED BACKYARD
• CENTRAL HEATING AND COOLING
• OAK FOREST SUBDIVISION

Property features AI

Finance

• Other: Located in Oak Forest subdivision; Address: 7327 Howard Circle, Jonesboro, GA 30236
• HOA & community: No homeowners association; No community features

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Electricity available
• Home design: Single family residence; Residential house; Resale property
• Construction: Built in 1963
• Exterior features: Composition roof; Brick construction; No lot features listed

Interior

• Kitchen: No appliances listed
• Bedrooms: 3 bedrooms
• Flooring: Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features; Two levels; No basement; No fireplaces
• Laundry & utility: Other laundry features

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $-62 ($-749/yr) — negative.
• To cash-flow at today's rent, offer at most $184k (5.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $160k (17.8% below list).
• Recommended offer: $160k (17.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#63 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-; Watch: crime C-, employment D, schools 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.
• Market conditions: Rents rising (+2.1%/yr); 265 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 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.
• 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 51 days — a 3% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 15y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $23k; list at $195k implies a 752% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $160,363 (17.8% 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. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.82% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.37%
• DSCR: 0.94
• GRM: 10.1

CMA / ARV

• ARV (median comp): $217,001
• List price: $195,000
• Delta: -10.14%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7323 Howard Pl	0.08mi	3/1.0	1,260 (+2%)	11mo	$185,000	$147	83
7411 Anderson Pl	0.14mi	4/2.0 (+1)	1,242 (+1%)	10mo	$149,000	$120	74
7161 Pine St	0.39mi	3/1.0	1,264 (+3%)	4mo	$185,000	$146	73
687 Anderson Dr	0.09mi	3/2.5	1,400 (+14%)	2mo	$234,000	$167	65
707 Battlecreek Rd	0.10mi	3/1.5	1,075 (-13%)	14mo	$145,000	$135	60
692 Johnson Rd	0.35mi	3/1.0	1,316 (+7%)	16mo	$100,000	$76	59
7401 Nulan Way	0.53mi	3/1.0	1,248 (+2%)	18mo	$124,000	$99	58
7437 Nulan Way	0.58mi	3/2.0	1,225 (-0%)	13mo	$225,000	$184	58
900 King Rd	0.30mi	3/2.0	1,118 (-9%)	12mo	$252,000	$225	57
7585 Haley Dr	0.48mi	3/1.5	1,050 (-15%)	2mo	$110,000	$105	50
447 Wavelyn Way	0.60mi	3/1.5	1,092 (-11%)	13mo	$153,700	$141	40
356 Queen Aliese Ln	0.72mi	4/1.5 (+1)	1,318 (+7%)	16mo	$185,000	$140	34

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 · 2.15% rent growth · sell at horizon

5-year hold

• IRR: -19.5%
• Equity multiple: 0.32×
• Total profit: $-36,920
• Equity at exit: $29,075

10-year hold

• IRR: -14.1%
• Equity multiple: 0.22×
• Total profit: $-42,702
• Equity at exit: $16,860

Cash invested: $54,600 (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 30236

• Rents YoY: 2.1%
• Active inventory: 265
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,604 high
• Mortgage (P&I): −$1,023
• Tax from tax record: −$225 /mo · $2,705/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$337
• Net cashflow: $-62

Break-even live

Break-even rent $1,683

Max offer price $183,975

Occupancy floor 99%

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
707 Battlecreek Rd Jonesboro, GA	3.0	1.5	1075	$1,625	$1.51	43d	1	0.10mi
7259 Mayfair Cir Jonesboro, GA	3.0	1.0	1014	$1,590	$1.57	2d	1	0.25mi
754 S Nottingham Rd Jonesboro, GA	3.0	1.0	1144	$1,500	$1.31	43d	1	0.52mi
100 Chaselake Dr Jonesboro, GA	1.0–3.0	1.0–2.0	1160	$1,501	$1.29	1d	23	0.54mi
537 Fielding Cir Riverdale, GA	3.0	1.0	1025	$1,465	$1.43	24d	1	0.54mi
808 S Nottingham Rd Jonesboro, GA	3.0	1.5	1107	$1,400	$1.26	43d	1	0.55mi
808 S Nottingham Rd Jonesboro, GA	3.0	1.5	1107	$1,400	$1.26	18d	1	0.55mi
661 Sherwood Dr Jonesboro, GA	2.0–3.0	1.0–2.0	1184	$1,495	$1.26	43d	1	0.61mi
394 Queen Aliese Ln Jonesboro, GA	3.0	1.0	1350	$1,550	$1.15	43d	1	0.64mi
7545 Tara Rd Jonesboro, GA	1.0–3.0	1.0–2.0	1032	$1,562	$1.51	1d	20	0.69mi
858 Ohara Dr Jonesboro, GA	2.0	2.0	1001	$1,500	$1.50	43d	1	0.76mi
7620 Tara Rd Jonesboro, GA	2.0	1.5	1200	$1,250	$1.04	24d	1	0.79mi
933 Ohara Dr Jonesboro, GA	2.0	2.0	1464	$2,700	$1.84	43d	1	0.80mi
1174 Battlecreek Rd Jonesboro, GA	2.0–3.0	2.5	1270	$1,850	$1.46	2d	5	0.85mi
3500 Summercourt Dr Jonesboro, GA	1.0–2.0	1.0–2.0	843	$1,428	$1.69	1d	9	0.96mi
1137 Gable Ter Jonesboro, GA	4.0	2.5	1116	$1,955	$1.75	24d	1	0.97mi
6903 Tara Blvd Jonesboro, GA	2.0	2.0	1150	$1,305	$1.13	24d	1	0.98mi
6903 Tara Blvd Jonesboro, GA	2.0	1.0–2.0	1057	$1,255	$1.19	43d	2	0.98mi
7878 N Main St Jonesboro, GA	2.0	1.0	950	$962	$1.01	1d	5	0.98mi
234 Montego Cir Riverdale, GA	3.0	2.0	1122	$1,615	$1.44	24d	1	0.99mi
6726 Tara Blvd Jonesboro, GA	3.0	1.0–2.5	1147	$1,499	$1.31	12d	1	1.10mi
7767 Park Ln Jonesboro, GA	3.0	1.5	1065	$1,660	$1.56	43d	1	1.11mi
7800 Park Ln Jonesboro, GA	3.0	1.5	1036	$1,723	$1.66	43d	1	1.13mi
7799 Park Ln Jonesboro, GA	3.0	1.5	1112	$1,500	$1.35	4d	1	1.16mi
289 Montego Cir Riverdale, GA	3.0	2.0	1254	$1,768	$1.41	43d	1	1.16mi
164 Meadowlark Ln Jonesboro, GA	3.0	1.5	1056	$1,665	$1.58	1d	1	1.22mi
100 Riverview Pl Jonesboro, GA	1.0–3.0	1.0–2.0	1153	$2,002	$1.74	1d	18	1.23mi
985 Mount Zion Rd Morrow, GA	2.0–3.0	1.5–2.0	1157	$1,274	$1.10	1d	9	1.24mi
1 Magnolia Cir Jonesboro, GA	1.0–3.0	1.0–2.0	925	$1,622	$1.75	1d	15	1.26mi
855 Mount Zion Rd Apt G6 Jonesboro, GA	2.0	1.5	1159	$1,249	$1.08	5d	1	1.26mi
701 Mt Zion Rd Jonesboro, GA	2.0–3.0	1.5–2.0	1136	$1,500	$1.32	3d	8	1.27mi
855 Mount Zion Rd Jonesboro, GA	2.0	1.5	1159	$1,249	$1.08	43d	1	1.27mi
855 Mount Zion Rd Jonesboro, GA	2.0–3.0	1.5	1219	$1,249	$1.02	15d	5	1.27mi
855 Mount Zion Rd Apt E2 Jonesboro, GA	2.0	1.5	1159	$999	$0.86	5d	1	1.29mi
855 Mount Zion Rd Apt C1 Jonesboro, GA	3.0	1.5	1280	$1,199	$0.94	5d	1	1.30mi
1150 Highway 138 Jonesboro, GA	2.0	1.0	741	$1,150	$1.55	24d	1	1.31mi
976 5th Ave Jonesboro, GA	3.0	2.0	1496	$2,000	$1.34	5d	1	1.32mi
850 Mount Zion Rd Jonesboro, GA	2.0–3.0	1.0–1.5	1040	$1,350	$1.30	1d	7	1.36mi
267 Wayne Ave Jonesboro, GA	4.0	2.0	1012	$2,300	$2.27	43d	1	1.38mi
6763 Brookwood Cir Jonesboro, GA	3.0	1.5	1283	$1,391	$1.08	43d	1	1.39mi

Listing history 20 events

1. 2026-06-18
   days on market $195,000 Active 51 DOM
2. 2026-06-17
   days on market $195,000 Active 50 DOM
3. 2026-06-16
   days on market $195,000 Active 49 DOM
4. 2026-06-15
   days on market $195,000 Active 48 DOM
5. 2026-06-13
   days on market $195,000 Active 46 DOM
6. 2026-06-09
   days on market $195,000 Active 42 DOM
7. 2026-06-08
   days on market $195,000 Active 41 DOM
8. 2026-06-07
   days on market $195,000 Active 40 DOM
9. 2026-06-04
   days on market $195,000 Active 37 DOM
10. 2026-06-03
    days on market $195,000 Active 36 DOM
11. 2026-06-02
    days on market $195,000 Active 35 DOM
12. 2026-06-01
    days on market $195,000 Active 34 DOM
13. 2026-05-31
    statusdays on market $195,000 Active 33 DOM
14. 2026-04-28
    listed $210,000 New 724-char remark
15. 2011-07-21
    historical 60-char remark

    Show marketing remark (60 chars)

    GREAT STARTER HOME OR INVESTMENT OPPORTUNITY FENCED BACKYARD

16. 2011-07-18
    soldstatus $22,900 Sold 60-char remark

    Show marketing remark (60 chars)

    GREAT STARTER HOME OR INVESTMENT OPPORTUNITY FENCED BACKYARD

17. 2011-07-05
    status Pending 60-char remark

    Show marketing remark (60 chars)

    GREAT STARTER HOME OR INVESTMENT OPPORTUNITY FENCED BACKYARD

18. 2011-06-08
    listed $22,900 Active 60-char remark

    Show marketing remark (60 chars)

    GREAT STARTER HOME OR INVESTMENT OPPORTUNITY FENCED BACKYARD

19. 2004-12-27
    soldstatus $102,000
20. 1996-07-25
    soldstatus $58,500

ⓘ 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: $2,705 · $225/mo
• Projected year-2 tax: $2,705 · $225/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 5/10 Major FEMA zone X (unshaded) · 68% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,244
• − Mortgage interest: −$10,923
• − Property taxes: −$2,705
• − Insurance: −$975
• − Repairs & maintenance: −$1,539
• − Management: −$1,539
• − Depreciation: −$5,673
• Taxable loss: −$4,111
• Est. tax savings @ 24.0%: +$987
• After-tax cash flow: $238/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 — Jonesboro

• Score: 72/100
• State rank: #63
• US rank: #6030

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Clayton County · 230,153 people
• City population: 93,280
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 50,089
• Household income: $66,973
• Rent vs Own: 40.8% rent · 59.2% own
• Severe rent burden: 2024.0

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 0.56)
• Race & ethnicity: Black 64% White 14% Hispanic / Latino 11% Two or more races 8% Asian 5%
• Hispanic origin (detail): Mexican 6% Puerto Rican 1%
• Common ancestry: Slovak 1% Italian 1% Hispanic 1%
• Foreign-born: 13% · Canada, Vietnam, China
• Languages at home: 81% English-only · Spanish 10% Vietnamese 3% French/Haitian/Cajun 2%

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: ▼ -137.02%
• Current HPI: 204.1778
• Rent YoY: ▲ 2.15%
• 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

+233.3% since first listed

8 events — show timeline

• 2026-05-28 Price Changed $195,000 GAMLS
• 2026-04-28 Listed $210,000 GAMLS
• 2011-07-21 Listing Removed — FMLS
• 2011-07-18 Sold (MLS) $22,900 FMLS
• 2011-07-05 Pending — FMLS
• 2011-06-08 Listed $22,900 FMLS
• 2004-12-27 Sold (Public Records) $102,000 Public Records
• 1996-07-25 Sold (Public Records) $58,500 Public Records

Property tax history

+9.0%/yr

Latest (2025): $2,705 · +11.0% YoY. Source: county tax records.