342 Laurel Ln · Stockbridge, GA 30281

$210,000

3 bd · 2.0 ba · 1,200 sqft · SingleFamily public records · 57 Days on market

Built 1989 0.26 ac lot $175/sqft · 10% below area Est $234k · 10% under $25/mo HOA · 1% of rent

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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 +12.7/30.0
• ARV discount +12.1/15.0
• DSCR +3.8/10.0
• 1% rule +3.7/10.0
• Livability +3.0/5.0
• Rent growth +2.7/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully renovated three-bedroom, two-bathroom home located in the desirable Swan Lake neighborhood. The open-concept floorplan creates a seamless flow, perfect for modern living. The interior features a combination of durable tile and carpet flooring throughout. You will find a huge living area that provides plenty of space for relaxation, as well as an exceptionally large laundry room for added convenience. The updated kitchen is equipped with sleek black appliances and elegant granite countertops. The primary bedroom offers a private retreat, complete with a large walk-in closet. Outside, the property includes a fully fenced-in backyard, providing a private space for outdoor activities. Located in the Northwest area, this home is conveniently located near shopping, dining, and major highways, offering both privacy and easy accessibility for your daily commute. To help me provide an even more detailed description, you may want to include information regarding the specific age of the renovations, the total square footage, or the proximity to specific major employers or transit hubs in the Northwest area. Schedule your private showing today!

Key facts

• Renovated home
• Large laundry room
• Updated kitchen

Tags

• RENOVATED HOME
• OPEN-CONCEPT FLOORPLAN
• DURABLE TILE FLOORING
• HUGE LIVING AREA
• LARGE LAUNDRY ROOM
• UPDATED KITCHEN

Property features AI

Finance

• Other: Property identified as Tax Legal Description: 15 D SWAN LAKE
• Financial info: No investor or income/expense details provided
• HOA & community: Homeowners association with an annual fee of $300

Exterior

• Parking: Parking details not provided
• Security: No specific security features listed
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Water available
• Home design: One-level home; One story; Resale property
• Construction: Concrete construction; Composition roof; Concrete perimeter foundation; Built prior to or in resale condition
• Exterior features: Exterior lighting; Fenced yard; Asphalt road frontage; City street frontage

Interior

• Kitchen: Eat-in kitchen; Refrigerator; Dishwasher; Microwave
• Bedrooms: Three main-level bedrooms; Master bedroom on main level
• Flooring: Carpet
• Bathrooms: Two full bathrooms; Master bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air
• Interior features: No shared/common walls; Other interior features; Family room; Separate dining room
• Laundry & utility: Laundry room; Electric water heater; Other laundry features

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-25 ($-295/yr) — negative.
• To cash-flow at today's rent, offer at most $206k (2.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (13.4% below list).
• Recommended offer: $182k (13.4% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.2% in Stockbridge — 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 60/100 on livability (#389 in GA) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A; Watch: crime D, amenities F, commute F.
• Henry County (rural): math 24% / reading 33% proficiency, ranked #89 of 174 in GA (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Woodland Elementary School (math 21% / reading 22%, grade F, #845 of 1,228 statewide, top 69%, 619 students, 56% FRL); Woodland Middle School (math 20% / reading 30%, grade F, #291 of 470 statewide, top 64%, 705 students, 53% FRL); Woodland High School (math 15% / reading 24%, grade F, #238 of 424 statewide, top 57%, 1,334 students, 42% FRL).
• Market conditions: Rents flat; 611 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,989 units permitted in Henry County in 2024 (92 in 5+ unit buildings).
• This rent runs 31% of the median local income ($71k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Henry 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 57 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y ago 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.
• Current owner paid $115k; list at $210k implies a 83% gain — meaningful room to come down on a strong offer.

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 $181,957 (13.4% 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 57 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.87% ✗
• Cap rate: 6.15%
• Cash-on-cash: -0.50%
• DSCR: 0.98
• GRM: 9.6

CMA / ARV

• ARV (median comp): $234,074
• List price: $210,000
• Delta: -10.28%
• 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
385 Lakeshore Dr	0.09mi	3/2.0	1,172 (-2%)	13mo	$208,550	$178	81
405 Azalea Dr	0.26mi	3/2.0	1,276 (+6%)	1mo	$259,000	$203	77
515 Oakview Dr	0.45mi	3/2.0	1,218 (+2%)	2mo	$214,000	$176	75
505 Knollwood Dr	0.43mi	3/2.0	1,291 (+8%)	0mo	$225,000	$174	67
448 Azalea Dr	0.51mi	3/2.0	1,232 (+3%)	8mo	$212,500	$172	65
115 Lakeview Dr	0.42mi	3/2.0	1,299 (+8%)	2mo	$155,000	$119	65
135 Greenwood Dr	0.34mi	3/2.0	1,264 (+5%)	19mo	$240,000	$190	60
214 Pinewood Ln	0.36mi	4/1.0 (+1)	1,236 (+3%)	15mo	$94,900	$77	57
546 Forest Hill Dr	0.60mi	3/2.0	1,250 (+4%)	13mo	$186,000	$149	54
241 Hillcrest Dr	0.61mi	3/2.0	1,280 (+7%)	13mo	$210,000	$164	50
404 Barberry Ln	0.43mi	3/2.0	1,025 (-15%)	14mo	$170,000	$166	44
522 Forest Hill Dr	0.49mi	2/2.0 (-1)	1,377 (+15%)	15mo	$210,000	$153	35

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 · 0.87% rent growth · sell at horizon

5-year hold

• IRR: -19.5%
• Equity multiple: 0.33×
• Total profit: $-39,380
• Equity at exit: $31,312

10-year hold

• IRR: -17.6%
• Equity multiple: 0.13×
• Total profit: $-51,184
• Equity at exit: $18,157

Cash invested: $58,800 (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 30281

• Home prices YoY: -33.6%
• Rents YoY: 0.9%
• Active inventory: 611
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,820 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$248 /mo · $2,980/yr
• Insurance: −$88
• HOA: −$25
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $-25

Break-even live

Break-even rent $1,851

Max offer price $205,655

Occupancy floor 96%

Sensitivity live

Price	-10% $94	-5% $35	+0% $-25	+5% $-84	+10% $-143
Rent	-10% $-168	-5% $-96	+0% $-25	+5% $47	+10% $119
Rate	-1.0pp $81	-0.5pp $29	base $-25	+0.5pp $-79	+1.0pp $-134

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
285 Lakeshore Dr Stockbridge, GA	3.0	2.0	1411	$1,895	$1.34	24d	1	0.34mi
25 Berryman Ln Stockbridge, GA	3.0	2.0	1200	$1,640	$1.37	14d	1	0.36mi
422 Hawthorne Cir Stockbridge, GA	4.0	1.5	1488	$1,756	$1.18	14d	1	0.44mi
135 Wildwood Dr Stockbridge, GA	3.0	1.0	1012	$1,460	$1.44	45d	1	0.48mi
479 Lakeshore Dr Stockbridge, GA	3.0	2.0	1281	$1,750	$1.37	7d	1	0.54mi
70 Summerfield Ct Stockbridge, GA	3.0	2.0	1444	$1,795	$1.24	45d	1	0.65mi

HOA detail

• Monthly dues: $25 · $300/yr

Listing history 28 events

1. 2026-06-18
   status $210,000 Pending 57 DOM
2. 2026-06-18
   days on market $210,000 Active 57 DOM
3. 2026-06-17
   days on market $210,000 Active 56 DOM
4. 2026-06-16
   days on market $210,000 Active 55 DOM
5. 2026-06-15
   days on market $210,000 Active 54 DOM
6. 2026-06-13
   days on market $210,000 Active 52 DOM
7. 2026-06-09
   days on market $210,000 Active 48 DOM
8. 2026-06-08
   days on market $210,000 Active 47 DOM
9. 2026-06-07
   days on market $210,000 Active 46 DOM
10. 2026-06-04
    days on market $210,000 Active 43 DOM
11. 2026-06-03
    days on market $210,000 Active 42 DOM
12. 2026-06-02
    days on market $210,000 Active 41 DOM
13. 2026-06-01
    days on market $210,000 Active 40 DOM
14. 2026-05-31
    days on market $210,000 Active 39 DOM
15. 2026-05-15
    price $210,000 1183-char remark

    Show marketing remark (1183 chars)

    Welcome to this beautifully renovated three-bedroom, two-bathroom home located in the desirable Swan Lake neighborhood. The open-concept floorplan creates a seamless flow, perfect for modern living. The interior features a combination of durable tile and carpet flooring throughout. You will find a huge living area that provides plenty of space for relaxation, as well as an exceptionally large laundry room for added convenience. The updated kitchen is equipped with sleek black appliances and elegant granite countertops. The primary bedroom offers a private retreat, complete with a large walk-in closet. Outside, the property includes a fully fenced-in backyard, providing a private space for outdoor activities. Located in the Northwest area, this home is conveniently located near shopping, dining, and major highways, offering both privacy and easy accessibility for your daily commute. To help me provide an even more detailed description, you may want to include information regarding the specific age of the renovations, the total square footage, or the proximity to specific major employers or transit hubs in the Northwest area. Schedule your private showing today!

16. 2026-05-15
    price $210,000 1183-char remark

    Show marketing remark (1183 chars)

    Welcome to this beautifully renovated three-bedroom, two-bathroom home located in the desirable Swan Lake neighborhood. The open-concept floorplan creates a seamless flow, perfect for modern living. The interior features a combination of durable tile and carpet flooring throughout. You will find a huge living area that provides plenty of space for relaxation, as well as an exceptionally large laundry room for added convenience. The updated kitchen is equipped with sleek black appliances and elegant granite countertops. The primary bedroom offers a private retreat, complete with a large walk-in closet. Outside, the property includes a fully fenced-in backyard, providing a private space for outdoor activities. Located in the Northwest area, this home is conveniently located near shopping, dining, and major highways, offering both privacy and easy accessibility for your daily commute. To help me provide an even more detailed description, you may want to include information regarding the specific age of the renovations, the total square footage, or the proximity to specific major employers or transit hubs in the Northwest area. Schedule your private showing today!

17. 2026-04-22
    listed $214,900 New 1183-char remark

    Show marketing remark (1183 chars)

    Welcome to this beautifully renovated three-bedroom, two-bathroom home located in the desirable Swan Lake neighborhood. The open-concept floorplan creates a seamless flow, perfect for modern living. The interior features a combination of durable tile and carpet flooring throughout. You will find a huge living area that provides plenty of space for relaxation, as well as an exceptionally large laundry room for added convenience. The updated kitchen is equipped with sleek black appliances and elegant granite countertops. The primary bedroom offers a private retreat, complete with a large walk-in closet. Outside, the property includes a fully fenced-in backyard, providing a private space for outdoor activities. Located in the Northwest area, this home is conveniently located near shopping, dining, and major highways, offering both privacy and easy accessibility for your daily commute. To help me provide an even more detailed description, you may want to include information regarding the specific age of the renovations, the total square footage, or the proximity to specific major employers or transit hubs in the Northwest area. Schedule your private showing today!

18. 2026-04-22
    listed $214,900 Active 1183-char remark

    Show marketing remark (1183 chars)

    Welcome to this beautifully renovated three-bedroom, two-bathroom home located in the desirable Swan Lake neighborhood. The open-concept floorplan creates a seamless flow, perfect for modern living. The interior features a combination of durable tile and carpet flooring throughout. You will find a huge living area that provides plenty of space for relaxation, as well as an exceptionally large laundry room for added convenience. The updated kitchen is equipped with sleek black appliances and elegant granite countertops. The primary bedroom offers a private retreat, complete with a large walk-in closet. Outside, the property includes a fully fenced-in backyard, providing a private space for outdoor activities. Located in the Northwest area, this home is conveniently located near shopping, dining, and major highways, offering both privacy and easy accessibility for your daily commute. To help me provide an even more detailed description, you may want to include information regarding the specific age of the renovations, the total square footage, or the proximity to specific major employers or transit hubs in the Northwest area. Schedule your private showing today!

19. 2021-02-12
    soldstatus $115,000
20. 2013-11-23
    price $50,000

    Show marketing remark (270 chars)

    Cozy 3 Bedroom 2 Bath Ranch with Fenced Yard and Rear Deck. Huge Lot. Interior of home is spacious and inviting, Open Split Bedroom Plan with Spacious Kitchen Layout . Sold "As Is" Insured with Escrow, 203K Eligible, Ask about $100 Down with FHA Financing

21. 2013-11-05
    soldstatus $50,000 Sold

    Show marketing remark (270 chars)

    Cozy 3 Bedroom 2 Bath Ranch with Fenced Yard and Rear Deck. Huge Lot. Interior of home is spacious and inviting, Open Split Bedroom Plan with Spacious Kitchen Layout . Sold "As Is" Insured with Escrow, 203K Eligible, Ask about $100 Down with FHA Financing

22. 2013-10-24
    price $52,000

    Show marketing remark (270 chars)

    Cozy 3 Bedroom 2 Bath Ranch with Fenced Yard and Rear Deck. Huge Lot. Interior of home is spacious and inviting, Open Split Bedroom Plan with Spacious Kitchen Layout . Sold "As Is" Insured with Escrow, 203K Eligible, Ask about $100 Down with FHA Financing

23. 2013-10-24
    status Under Contract

    Show marketing remark (270 chars)

    Cozy 3 Bedroom 2 Bath Ranch with Fenced Yard and Rear Deck. Huge Lot. Interior of home is spacious and inviting, Open Split Bedroom Plan with Spacious Kitchen Layout . Sold "As Is" Insured with Escrow, 203K Eligible, Ask about $100 Down with FHA Financing

24. 2013-10-12
    historical Pending Approval

    Show marketing remark (270 chars)

    Cozy 3 Bedroom 2 Bath Ranch with Fenced Yard and Rear Deck. Huge Lot. Interior of home is spacious and inviting, Open Split Bedroom Plan with Spacious Kitchen Layout . Sold "As Is" Insured with Escrow, 203K Eligible, Ask about $100 Down with FHA Financing

25. 2013-09-11
    listed $52,000 New

    Show marketing remark (270 chars)

    Cozy 3 Bedroom 2 Bath Ranch with Fenced Yard and Rear Deck. Huge Lot. Interior of home is spacious and inviting, Open Split Bedroom Plan with Spacious Kitchen Layout . Sold "As Is" Insured with Escrow, 203K Eligible, Ask about $100 Down with FHA Financing

26. 1998-11-23
    soldstatus $78,900
27. 1989-10-31
    soldstatus $58,900
28. 1989-01-31
    soldstatus $9,000

ⓘ 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: $2,980 · $248/mo
• Projected year-2 tax: $2,980 · $248/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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥106°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 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,835
• − Mortgage interest: −$11,763
• − Property taxes: −$2,980
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,747
• − Management: −$1,747
• − HOA: −$300
• − Depreciation: −$6,109
• Taxable loss: −$3,861
• Est. tax savings @ 24.0%: +$927
• After-tax cash flow: $631/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: Henry County
• NCES district ID: 1302820
• Math proficiency: 24% ▼ -9.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $62,594
• Composite: 26.13/100
• National rank: #7279
• State rank: #89 of 174 in GA

Livability — Stockbridge

• Score: 60/100
• State rank: #389
• US rank: #19479

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Henry County · 316,359 people
• City population: 71,603
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 71,603
• Household income: $71,213
• Rent vs Own: 37.7% rent · 62.3% own
• Severe rent burden: 2464.0

Population outlook (Henry County) Hauer SSP2

• Today (2025): 249,041 people
• By 2030: 264,369 · +6.2%
• By 2040: 294,459 · +18.2%
• By 2050: 322,249 · +29.4%
• By 2075: 392,310 · +57.5%
• By 2100: 437,836 · +75.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: Black 55% White 28% Hispanic / Latino 11% Two or more races 6% Asian 4%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Hispanic 1% Italian 1% Romanian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 86% English-only · Spanish 8% Vietnamese 2% French/Haitian/Cajun 1%

Political lean MEDSL · Henry

• 2024 margin: Strong D (+29.7) · D 64.5% · R 34.9%
• 2008→2024 swing: +37.1pp toward D · 2008: -7.5pp · 2024: 29.7pp
• All cycles: 2024: D+29.7 2020: D+20.5 2016: D+4.3 2012: R+3.2 2008: R+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.76%
• Current HPI: 207.2332
• Rent YoY: ▲ 0.87%
• 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

+2233.3% since first listed

15 events — show timeline

• 2026-06-18 Pending — FMLS
• 2026-05-15 Price Changed $210,000 FMLS
• 2026-05-15 Price Changed $210,000 GAMLS
• 2026-04-22 Listed $214,900 GAMLS
• 2026-04-22 Listed $214,900 FMLS
• 2021-02-12 Sold (Public Records) $115,000 Public Records
• 2013-11-23 Price Changed $50,000 GAMLS
• 2013-11-05 Sold (MLS) $50,000 GAMLS
• 2013-10-24 Price Changed $52,000 GAMLS
• 2013-10-24 Pending — GAMLS
• 2013-10-12 Contingent — GAMLS
• 2013-09-11 Listed $52,000 GAMLS
• 1998-11-23 Sold (Public Records) $78,900 Public Records
• 1989-10-31 Sold (Public Records) $58,900 Public Records
• 1989-01-31 Sold (Public Records) $9,000 Public Records

Property tax history

+5.8%/yr

Latest (2025): $2,980 · -2.3% YoY. Source: county tax records.