80 Triple Crown Ln · Stockbridge, GA 30294

$189,900

3 bd · 2.0 ba · 1,216 sqft · SingleFamily public records · 143 Days on market

Built 2017 1.52 ac lot $156/sqft · 12% below area Est $215k · 12% under

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Why this score? — see what drove the C 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 +21.1/30.0
• ARV discount +12.7/15.0
• DSCR +6.7/10.0
• 1% rule +6.0/10.0
• Rent growth +3.6/5.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 80 Triple Crown Ln, Ellenwood, GA 30294, a conveniently located home offering comfortable living in a quiet residential setting. This property features a functional floor plan with inviting interior spaces designed to accommodate a variety of lifestyles. The home provides areas well suited for everyday living, entertaining, or working from home, along with outdoor space for relaxing or enjoying time outside. Located near shopping, dining, parks, and major roadways, this home offers easy access to nearby communities while maintaining a sense of privacy and neighborhood charm.

Key facts

• Neighborhood charm
• Outdoor space
• 1.52 acre lot

Tags

• FUNCTIONAL FLOOR PLAN
• INVITING INTERIOR SPACES
• OUTDOOR SPACE
• NEIGHBORHOOD CHARM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $269 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% 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: Fairview Elementary School (math 22% / reading 27%, grade F, #753 of 1,228 statewide, top 64%, 566 students, 69% FRL); Austin Road Middle School (math 15% / reading 35%, grade F, #291 of 470 statewide, top 64%, 542 students, 68% FRL); Stockbridge High School (math 5% / reading 28%, grade F, #284 of 424 statewide, top 67%, 1,543 students, 54% FRL) — zoned schools average 64% FRL vs 43% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.6%/yr); 254 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,989 units permitted in Henry County in 2024 (92 in 5+ unit buildings).
• This rent runs 31% of the median local income ($80k/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 143 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.10% ✓
• Cap rate: 8.00%
• Cash-on-cash: 6.08%
• DSCR: 1.27
• GRM: 7.6

CMA / ARV

• ARV (median comp): $214,850
• List price: $189,900
• Delta: -11.61%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
305 Belmont Farms Dr	0.26mi	3/2.0	1,231 (+1%)	5mo	$185,000	$150	82
190 Belmont Farms Dr	0.10mi	3/2.0	1,338 (+10%)	2mo	$216,000	$161	77
280 Belmont Farms Dr	0.20mi	3/2.0	1,154 (-5%)	15mo	$196,000	$170	70
115 Derby Country Dr	0.26mi	3/2.0	1,076 (-12%)	1mo	$160,000	$149	68
241 Orchard Rd	0.37mi	4/2.0 (+1)	1,152 (-5%)	4mo	$204,900	$178	66
40 Derby Country Dr	0.12mi	3/2.0	1,352 (+11%)	13mo	$180,000	$133	65
241 Lariat Ln	0.52mi	3/2.0	1,231 (+1%)	17mo	$239,220	$194	59
325 Winchester Ct	0.55mi	3/2.0	1,219 (+0%)	24mo	$224,000	$184	55
4339 Rex Rd	0.71mi	3/2.0	1,104 (-9%)	2mo	$205,000	$186	50

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 · 4.56% rent growth · sell at horizon

5-year hold

• IRR: -5.1%
• Equity multiple: 0.81×
• Total profit: $-10,206
• Equity at exit: $28,315

10-year hold

• IRR: 6.5%
• Equity multiple: 1.52×
• Total profit: $27,618
• Equity at exit: $16,419

Cash invested: $53,172 (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 30294

• Home prices YoY: -25.0%
• Rents YoY: 4.6%
• Active inventory: 254
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,089 high
• Mortgage (P&I): −$996
• Tax from tax record: −$306 /mo · $3,670/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $269

Break-even live

Break-even rent $1,748

Max offer price $189,900

Occupancy floor 82%

Sensitivity live

Price	-10% $377	-5% $323	+0% $269	+5% $216	+10% $162
Rent	-10% $104	-5% $187	+0% $269	+5% $352	+10% $435
Rate	-1.0pp $365	-0.5pp $318	base $269	+0.5pp $220	+1.0pp $170

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
85 Derby Country Dr Ellenwood, GA	3.0	2.0	1273	$1,895	$1.49	26d	1	0.16mi
130 Derby Country Dr Ellenwood, GA	3.0	2.0	1273	$1,870	$1.47	1d	1	0.20mi
40 Wagon Wheel Dr Rex, GA	3.0	2.0	1404	$1,350	$0.96	6d	1	0.47mi
5832 Mays Ridge Ct Rex, GA	4.0	3.0	1408	$2,020	$1.43	45d	1	1.33mi
5894 Homestead Cir Rex, GA	3.0	2.0	1462	$1,890	$1.29	7d	1	1.48mi
5248 Katherine Village Dr Ellenwood, GA	3.0	2.5	1364	$1,995	$1.46	22d	1	1.49mi

Listing history 23 events

1. 2026-06-09
   days on market $189,900 Active 143 DOM
2. 2026-06-08
   days on market $189,900 Active 142 DOM
3. 2026-06-07
   days on market $189,900 Active 141 DOM
4. 2026-06-04
   days on market $189,900 Active 138 DOM
5. 2026-06-03
   days on market $189,900 Active 137 DOM
6. 2026-06-02
   days on market $189,900 Active 136 DOM
7. 2026-06-01
   days on market $189,900 Active 135 DOM
8. 2026-05-31
   days on market $189,900 Active 134 DOM
9. 2026-04-07
   status Price Change 592-char remark

   Show marketing remark (592 chars)

   Welcome to 80 Triple Crown Ln, Ellenwood, GA 30294, a conveniently located home offering comfortable living in a quiet residential setting. This property features a functional floor plan with inviting interior spaces designed to accommodate a variety of lifestyles. The home provides areas well suited for everyday living, entertaining, or working from home, along with outdoor space for relaxing or enjoying time outside. Located near shopping, dining, parks, and major roadways, this home offers easy access to nearby communities while maintaining a sense of privacy and neighborhood charm.

10. 2026-04-07
    price $189,900 592-char remark

    Show marketing remark (592 chars)

    Welcome to 80 Triple Crown Ln, Ellenwood, GA 30294, a conveniently located home offering comfortable living in a quiet residential setting. This property features a functional floor plan with inviting interior spaces designed to accommodate a variety of lifestyles. The home provides areas well suited for everyday living, entertaining, or working from home, along with outdoor space for relaxing or enjoying time outside. Located near shopping, dining, parks, and major roadways, this home offers easy access to nearby communities while maintaining a sense of privacy and neighborhood charm.

11. 2026-03-07
    status Under Contract 592-char remark

    Show marketing remark (592 chars)

    Welcome to 80 Triple Crown Ln, Ellenwood, GA 30294, a conveniently located home offering comfortable living in a quiet residential setting. This property features a functional floor plan with inviting interior spaces designed to accommodate a variety of lifestyles. The home provides areas well suited for everyday living, entertaining, or working from home, along with outdoor space for relaxing or enjoying time outside. Located near shopping, dining, parks, and major roadways, this home offers easy access to nearby communities while maintaining a sense of privacy and neighborhood charm.

12. 2026-01-30
    price $194,900 592-char remark

    Show marketing remark (592 chars)

    Welcome to 80 Triple Crown Ln, Ellenwood, GA 30294, a conveniently located home offering comfortable living in a quiet residential setting. This property features a functional floor plan with inviting interior spaces designed to accommodate a variety of lifestyles. The home provides areas well suited for everyday living, entertaining, or working from home, along with outdoor space for relaxing or enjoying time outside. Located near shopping, dining, parks, and major roadways, this home offers easy access to nearby communities while maintaining a sense of privacy and neighborhood charm.

13. 2025-12-17
    listed $199,900 New 592-char remark

    Show marketing remark (592 chars)

    Welcome to 80 Triple Crown Ln, Ellenwood, GA 30294, a conveniently located home offering comfortable living in a quiet residential setting. This property features a functional floor plan with inviting interior spaces designed to accommodate a variety of lifestyles. The home provides areas well suited for everyday living, entertaining, or working from home, along with outdoor space for relaxing or enjoying time outside. Located near shopping, dining, parks, and major roadways, this home offers easy access to nearby communities while maintaining a sense of privacy and neighborhood charm.

14. 2021-12-30
    soldstatus $1,416,005
15. 2018-07-12
    soldstatus $90,010
16. 2010-09-13
    historical 181-char remark

    Show marketing remark (181 chars)

    GREAT INVESTMENT OPPORTUNITY! 3BR, 2BA IN GREAT LOCATION, COZY FAMILY RM, LR/DR COMBO, KITCHEN W/BRKFST AREA, 2-CAR GARAGE,FENCED BCKYRD, SPACIOUS BDRMS, PRIVATE BCKYRD, A MUST SEE!

17. 2010-09-07
    soldstatus $23,300 Sold 181-char remark

    Show marketing remark (181 chars)

    GREAT INVESTMENT OPPORTUNITY! 3BR, 2BA IN GREAT LOCATION, COZY FAMILY RM, LR/DR COMBO, KITCHEN W/BRKFST AREA, 2-CAR GARAGE,FENCED BCKYRD, SPACIOUS BDRMS, PRIVATE BCKYRD, A MUST SEE!

18. 2010-07-15
    status Pending 181-char remark

    Show marketing remark (181 chars)

    GREAT INVESTMENT OPPORTUNITY! 3BR, 2BA IN GREAT LOCATION, COZY FAMILY RM, LR/DR COMBO, KITCHEN W/BRKFST AREA, 2-CAR GARAGE,FENCED BCKYRD, SPACIOUS BDRMS, PRIVATE BCKYRD, A MUST SEE!

19. 2010-06-29
    listed $17,000 Active 181-char remark

    Show marketing remark (181 chars)

    GREAT INVESTMENT OPPORTUNITY! 3BR, 2BA IN GREAT LOCATION, COZY FAMILY RM, LR/DR COMBO, KITCHEN W/BRKFST AREA, 2-CAR GARAGE,FENCED BCKYRD, SPACIOUS BDRMS, PRIVATE BCKYRD, A MUST SEE!

20. 2010-05-29
    price $24,900 Reduced
21. 2010-02-22
    soldstatus $77,345
22. 1990-03-15
    soldstatus $68,409
23. 1986-02-01
    soldstatus $63,800

ⓘ 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: $3,670 · $306/mo
• Projected year-2 tax: $3,670 · $306/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 ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% 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: $25,067
• − Mortgage interest: −$10,637
• − Property taxes: −$3,670
• − Insurance: −$950
• − Repairs & maintenance: −$2,005
• − Management: −$2,005
• − Depreciation: −$5,524
• Taxable income: $276
• Est. tax owed @ 24.0%: −$66
• After-tax cash flow: $3,168/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): 41,983
• Household income: $79,762
• Rent vs Own: 19.4% rent · 80.6% own
• Severe rent burden: 864.0

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: Predominantly Black (84%)
• Race & ethnicity: Black 84% Hispanic / Latino 7% Two or more races 6% White 6% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Hispanic 1%
• Foreign-born: 7% · Canada, Vietnam
• Languages at home: 91% English-only · Spanish 6% Vietnamese 1% 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: ▼ -70.99%
• Current HPI: 213.1999
• Rent YoY: ▲ 4.56%
• 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

+197.6% since first listed

15 events — show timeline

• 2026-04-07 Relisted — GAMLS
• 2026-04-07 Price Changed $189,900 GAMLS
• 2026-03-07 Pending — GAMLS
• 2026-01-30 Price Changed $194,900 GAMLS
• 2025-12-17 Listed $199,900 GAMLS
• 2021-12-30 Sold (Public Records) $1,416,005 Public Records
• 2018-07-12 Sold (Public Records) $90,010 Public Records
• 2010-09-13 Listing Removed — FMLS
• 2010-09-07 Sold (MLS) $23,300 FMLS
• 2010-07-15 Pending — FMLS
• 2010-06-29 Listed $17,000 FMLS
• 2010-05-29 Price Changed $24,900 GAMLS
• 2010-02-22 Sold (Public Records) $77,345 Public Records
• 1990-03-15 Sold (Public Records) $68,409 Public Records
• 1986-02-01 Sold (Public Records) $63,800 Public Records

Property tax history

+6.3%/yr

Latest (2025): $3,670 · +7.7% YoY. Source: county tax records.