1311 Rosemary Ln · East Point, GA 30344

$275,000

3 bd · 2.5 ba · 1,875 sqft · SingleFamily · 15 Days on market

Built 2005 3,049 sqft lot $147/sqft · 23% below area Est $357k · 23% under $101/mo HOA · 5% 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).

• ARV discount +15.0/15.0
• Cash flow +7.3/30.0
• Schools +4.5/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEWER 2-STORY. MOVE-IN READY! PRICE INCLUDES NEW PAINT & APPLIANCES. SOLD AS-IS. NO DISCLOSURE. SELLER WILL NOT ADDRESS OFFERS W/OUT LNDR LTR/PRF OF FUNDS. EM HELD BY BANK'S ATTNY. ADDENDA UPON ACCEPTANCE.

Key facts

• 3,049 sq ft lot
• 2 garage spots
• Pool

Property features AI

Finance

• Other: Private road access with asphalt surface; County: Fulton, GA; GPS directions are accurate
• HOA & community: Monthly association fee; Association covers grounds maintenance, reserve fund, and swim amenities; Community features include curbs, homeowners association, playground, and pool

Exterior

• Parking: Attached garage; Two garage parking spaces; Driveway with level access; Garage door opener; Garage faces rear; Open parking available
• Utilities: Public water; Public sewer; Electric service with 110V and 220V; Cable available; Natural gas available; Underground utilities
• Home design: Two-level home; Resale property; Slab foundation
• Construction: Brick veneer and vinyl siding exterior; Shingle roof
• Exterior features: Front porch; Patio; Exterior lighting; Rain gutters; In-ground fenced pool

Interior

• Kitchen: Eat-in kitchen with view to family room; Dishwasher; Disposal; Electric oven; Electric range; Microwave; Refrigerator; ENERGY STAR qualified appliances
• Bedrooms: Oversized primary suite; Three bedrooms on the upper level
• Flooring: Hardwood floors; Tile floors
• Bathrooms: Two full bathrooms; One half bathroom (main level); Primary bath with double vanity, separate tub and shower, and soaking tub
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Double vanity in bathrooms; Walk-in closet(s); Double pane windows; One fireplace with gas starter in the family room
• Laundry & utility: Washer and dryer included; Laundry located in hall

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-363 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $223k (19.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (24.6% below list).
• Recommended offer: $207k (24.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#72 in GA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Hamilton E. Holmes Elementary (math 12% / reading 17%, grade F, #996 of 1,228 statewide, top 83%, 538 students, 100% FRL); Paul D. West Middle School (math 17% / reading 17%, grade F, #381 of 470 statewide, top 82%, 803 students, 100% FRL); Tri-Cities High School (math 5% / reading 30%, grade F, #264 of 424 statewide, top 63%, 1,483 students, 100% FRL) — zoned schools average 100% FRL vs 41% district-wide (59 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 16% at this address vs 51% district-wide (-35 pts) — the specific schools serving this property underperform the Fulton County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.4%/yr); 293 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 36% of the median local income ($68k/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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 18y 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.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $207,436 (24.6% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F 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?
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: 0.75% ✗
• Cap rate: 4.71%
• Cash-on-cash: -5.65%
• DSCR: 0.75
• GRM: 11.0

CMA / ARV

• ARV (median comp): $356,582
• List price: $275,000
• Delta: -22.88%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1311 Rosemary Ln	0.00mi	3/2.5	1,875 (0%)	0mo	$278,000	$148	100
1848 Laurel Green Way	0.12mi	3/2.5	2,030 (+8%)	14mo	$335,000	$165	69
1868 Fort Valley Dr SW	0.28mi	3/2.0	1,940 (+4%)	13mo	$237,500	$122	68
1916 Fort Valley Dr SW	0.27mi	3/3.0	1,824 (-3%)	21mo	$362,000	$198	64
1705 Beechwood SW	0.72mi	3/2.5	1,925 (+3%)	2mo	$440,000	$229	61
1761 Timothy Dr SW	0.47mi	4/2.0 (+1)	1,868 (-0%)	18mo	$300,000	$161	56
1641 Pinehurst Dr SW	0.67mi	3/2.0	1,884 (+0%)	15mo	$375,500	$199	53
2126 Pinehurst Dr	0.61mi	4/2.0 (+1)	1,788 (-5%)	8mo	$140,000	$78	50
1963 Shepherd Cir SW	0.29mi	4/3.0 (+1)	2,133 (+14%)	14mo	$365,000	$171	45
1724 Fort Valley Dr SW	0.44mi	3/2.0	1,617 (-14%)	23mo	$220,000	$136	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 · 1.35% rent growth · sell at horizon

5-year hold

• IRR: -27.9%
• Equity multiple: 0.08×
• Total profit: $-70,958
• Equity at exit: $41,003

10-year hold

• IRR: -34.4%
• Equity multiple: -0.36×
• Total profit: $-104,607
• Equity at exit: $23,777

Cash invested: $77,000 (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 30344

• Home prices YoY: -31.0%
• Rents YoY: 1.4%
• Active inventory: 293
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,074 high
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$101
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $-363

Break-even live

Break-even rent $2,533

Max offer price $222,514

Occupancy floor —

Sensitivity live

Price	-10% $-173	-5% $-268	+0% $-363	+5% $-458	+10% $-553
Rent	-10% $-527	-5% $-445	+0% $-363	+5% $-281	+10% $-199
Rate	-1.0pp $-224	-0.5pp $-293	base $-363	+0.5pp $-434	+1.0pp $-506

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1932 Stanton Rd East Point, GA	1.0–3.0	1.0–2.0	1045	$1,599	$1.53	44d	1	0.08mi
1220 Hawthorne Trl East Point, GA	3.0	2.5	1886	$2,250	$1.19	44d	1	0.08mi
6035 Bayrose Cir East Point, GA	3.0	3.5	2100	$2,500	$1.19	25d	1	0.09mi
6035 Bayrose Cir East Point, GA	3.0	3.5	2100	$2,500	$1.19	44d	1	0.09mi
3006 Bayrose Cir Unit 104B Atlanta, GA	3.0	3.0	1564	$2,300	$1.47	44d	1	0.10mi
3004 Bayrose Cir Unit 102B Atlanta, GA	3.0	3.0	1564	$2,250	$1.44	5d	1	0.11mi
3004 Bayrose Cir East Point, GA	3.0	3.0	1564	$2,350	$1.50	44d	1	0.11mi
9051 Bayrose Cir East Point, GA	3.0	3.5	1620	$2,300	$1.42	44d	1	0.14mi
2042 Bayrose Cir Unit 42B Atlanta, GA	3.0	2.5	1370	$1,875	$1.37	5d	1	0.16mi
2148 Bayrose Cir East Point, GA	3.0	2.5	1370	$1,800	$1.31	6d	1	0.17mi
1006 Bayrose Cir Atlanta, GA	2.0	2.5	1326	$2,650	$2.00	18d	1	0.17mi
1402 Bayrose Cir East Point, GA	2.0	2.5	1404	$1,595	$1.14	25d	1	0.19mi
1873 Campbellton Rd SW Unit A11 Atlanta, GA	4.0	2.0	1464	$1,855	$1.27	25d	1	0.54mi
1867 Myrtle Dr SW Atlanta, GA	3.0	2.5	1400	$1,400	$1.00	25d	1	0.60mi
1867 Myrtle Dr SW #24 Atlanta, GA	3.0	2.5	1400	$1,400	$1.00	19d	1	0.63mi
2133 Pinehurst Dr Atlanta, GA	3.0	1.5	2401	$1,800	$0.75	44d	1	0.64mi
1361 McClelland Ave Atlanta, GA	3.0	1.0	1468	$1,500	$1.02	25d	1	0.73mi
1717 Centra Villa Dr SW Atlanta, GA	1.0–3.0	1.0–2.0	1033	$1,550	$1.50	25d	1	0.79mi
1917 Connally Dr Atlanta, GA	3.0	2.0	1534	$1,850	$1.21	13d	1	0.79mi
1903 Chattahoochee Pl Atlanta, GA	3.0	2.0	1333	$1,850	$1.39	13d	1	0.90mi
2079 Honeysuckle Ln SW Atlanta, GA	3.0	2.0	1500	$1,900	$1.27	25d	1	0.90mi
1352 Elizabeth Ln Atlanta, GA	3.0	2.0	1654	$1,745	$1.06	0d	1	0.91mi
1352 Elizabeth Ln Atlanta, GA	3.0	2.0	1654	$1,745	$1.06	11d	1	0.91mi
2287 Mulberry St Unit B Atlanta, GA	3.0	1.0	1700	$2,500	$1.47	25d	1	0.96mi
2340 Newnan St Atlanta, GA	4.0	2.0	1598	$775	$0.48	44d	1	0.96mi
1870 Grove Ave Atlanta, GA	3.0	1.0	1433	$1,600	$1.12	0d	1	0.98mi
1408 Lockwood Dr SW Atlanta, GA	3.0	2.0	1300	$1,950	$1.50	25d	1	1.02mi
2481 Semmes St Atlanta, GA	3.0	1.0	1500	$1,850	$1.23	44d	1	1.08mi
1876 Sandtown Rd SW Atlanta, GA	3.0	2.0	1230	$2,500	$2.03	25d	1	1.09mi
1313 Aniwaka Ave SW Atlanta, GA	3.0	2.0	1530	$2,145	$1.40	3d	1	1.17mi
1455 Bryan Ave Unit B Atlanta, GA	2.0	1.0	1482	$1,300	$0.88	25d	1	1.18mi
2400 Campbellton Rd SW Atlanta, GA	1.0–3.0	1.0–2.5	1350	$1,450	$1.07	8d	2	1.20mi
2400 Campbellton Rd SW Atlanta, GA	2.0–3.0	1.5–2.5	1237	$1,450	$1.17	17d	3	1.20mi
1994 Bent Creek Way SW Atlanta, GA	1.0–3.0	1.0–2.0	1041	$1,455	$1.40	8d	1	1.25mi
1060 Regent St SW Atlanta, GA	3.0	2.0	1390	$2,500	$1.80	25d	1	1.26mi
1346 Lorenzo Dr SW Atlanta, GA	3.0	2.0	1486	$5,000	$3.36	25d	1	1.28mi
1369 Bryan Ave Atlanta, GA	2.0	2.5	2000	$3,250	$1.62	44d	1	1.29mi
1255 Westmont Rd SW Atlanta, GA	3.0	2.0	1500	$1,695	$1.13	25d	1	1.30mi
1255 Campbellton Rd SW Atlanta, GA	3.0	2.0	1305	$2,095	$1.61	25d	1	1.32mi
1307 Lorenzo Dr SW Unit A Atlanta, GA	3.0	2.0	1300	$1,795	$1.38	25d	1	1.33mi

HOA detail

• Monthly dues: $101 · $1,212/yr

Listing history 4 events

1. 2026-05-18
   historical Active Under Contract 1327-char remark
2. 2026-04-15
   listed $275,000 Active 1327-char remark
3. 2008-08-08
   soldstatus $149,900 209-char remark

   Show marketing remark (209 chars)

   NEWER 2-STORY. MOVE-IN READY! PRICE INCLUDES NEW PAINT & APPLIANCES. SOLD AS-IS. NO DISCLOSURE. SELLER WILL NOT ADDRESS OFFERS W/OUT LNDR LTR/PRF OF FUNDS. EM HELD BY BANK'S ATTNY. ADDENDA UPON ACCEPTANCE.

4. 2008-07-07
   listed $149,900 209-char remark

   Show marketing remark (209 chars)

   NEWER 2-STORY. MOVE-IN READY! PRICE INCLUDES NEW PAINT & APPLIANCES. SOLD AS-IS. NO DISCLOSURE. SELLER WILL NOT ADDRESS OFFERS W/OUT LNDR LTR/PRF OF FUNDS. EM HELD BY BANK'S ATTNY. ADDENDA UPON ACCEPTANCE.

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

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 ≥104°F today · 19 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: $24,892
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$1,991
• − Management: −$1,991
• − HOA: −$1,212
• − Depreciation: −$8,000
• Taxable loss: −$9,207
• Est. tax savings @ 24.0%: +$2,210
• After-tax cash flow: $-2,143/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: Fulton County
• NCES district ID: 1302280
• Math proficiency: 49% ▼ -2.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $68,035
• Composite: 45.33/100
• National rank: #2640
• State rank: #12 of 174 in GA

Livability — East Point

• Score: 72/100
• State rank: #72
• US rank: #6314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Point, GA
• County: Fulton County · 1,094,430 people
• City population: 35,456
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 35,456
• Household income: $68,380
• Rent vs Own: 56.9% rent · 43.1% own
• Severe rent burden: 2226.0

Population outlook (Fulton County) Hauer SSP2

• Today (2025): 1,203,707 people
• By 2030: 1,299,706 · +8.0%
• By 2040: 1,488,256 · +23.6%
• By 2050: 1,664,580 · +38.3%
• By 2075: 2,036,072 · +69.2%
• By 2100: 2,222,402 · +84.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (74%)
• Race & ethnicity: Black 74% White 11% Hispanic / Latino 11% Two or more races 6%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Italian 1% Swiss 1% Russian 1%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 87% English-only · Spanish 9% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Fulton

• 2024 margin: Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
• 2008→2024 swing: +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
• All cycles: 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -113.15%
• Current HPI: 251.7916
• Rent YoY: ▲ 1.35%
• 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

+85.5% since first listed

6 events — show timeline

• 2026-06-12 Sold (MLS) $278,000 FMLS
• 2026-05-23 Pending — FMLS
• 2026-05-18 Contingent — FMLS
• 2026-04-15 Listed $275,000 FMLS
• 2008-08-08 Sold (MLS) $149,900 FMLS
• 2008-07-07 Listed $149,900 FMLS