40 Princeton Ct · Porterdale, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +13.2/15.0
- Cash flow +11.4/30.0
- DSCR +3.3/10.0
- Rent growth +3.0/5.0
- Livability +2.9/5.0
- 1% rule +2.8/10.0
- Condition / age +2.5/5.0
- Schools +1.9/10.0
- Appreciation +0.0/10.0
$262,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you'll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
Key facts
- Large eat-in kitchen
- Quiet cul-de-sac
- One-level living
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $263k.
Deal economics
- At list price, monthly cash flow is $-94 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $246k (6.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (22.4% below list).
- Recommended offer: $204k (22.4% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 58/100 on livability (#447 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+, housing B; Watch: amenities F, commute F, employment F.
- Newton County (suburban): math 17% / reading 26% proficiency, ranked #137 of 174 in GA (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Newton County Theme School At Ficquett (math 49% / reading 65%, grade C+, #151 of 1,228 statewide, top 13%, 977 students, 29% FRL); Clements Middle School (math 6% / reading 17%, grade F, #424 of 470 statewide, top 90%, 754 students, 85% FRL); Newton High School (math 8% / reading 12%, grade F, #365 of 424 statewide, top 88%, 2,472 students, 85% FRL).
- Market conditions: Rents rising (+1.8%/yr); 449 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,480 units permitted in Newton County in 2024 (702 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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Newton County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 217 days — a 12% lower offer ($231k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 3y 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 $116k; list at $263k implies a 127% 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.
Questions for the listing agent
- 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?
- It's been on market 217 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.78% ✗
- Cap rate
- 5.87%
- Cash-on-cash
- -1.53%
- DSCR
- 0.93
- GRM
- 10.7
CMA / ARV
- ARV (median comp)
- $300,662
- List price
- $262,900
- Delta
- -12.56%
- 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 |
|---|---|---|---|---|---|---|---|
| 40 Princeton Ct | 0.00mi | 3/2.0 | 1,535 (0%) | 1mo | $255,000 | $166 | 99 |
| 100 Arlington Dr | 0.16mi | 4/3.0 (+1) | 1,628 (+6%) | 2mo | $300,000 | $184 | 72 |
| 45 Fair Ridge Ct | 0.43mi | 3/2.0 | 1,511 (-2%) | 9mo | $277,000 | $183 | 70 |
| 30 Fair Forest Ter | 0.38mi | 3/2.0 | 1,389 (-10%) | 6mo | $310,000 | $223 | 62 |
| 40 Magnolia Walk | 0.58mi | 3/2.0 | 1,600 (+4%) | 6mo | $262,500 | $164 | 61 |
| 150 Fairclift Dr | 0.60mi | 4/3.0 (+1) | 1,500 (-2%) | 1mo | $269,000 | $179 | 59 |
| 25 Rolling Ridge Ct | 0.43mi | 3/2.0 | 1,404 (-8%) | 8mo | $265,000 | $189 | 59 |
| 15 Fairwoods Ct | 0.58mi | 3/2.0 | 1,594 (+4%) | 11mo | $285,000 | $179 | 58 |
| 170 Fairview Chase Rd | 0.54mi | 3/2.0 | 1,591 (+4%) | 14mo | $275,000 | $173 | 57 |
| 90 Hoglen Dr | 0.52mi | 3/2.0 | 1,725 (+12%) | 0mo | $275,000 | $159 | 55 |
| 19 Windcrest Dr | 0.54mi | 3/2.0 | 1,665 (+8%) | 12mo | $279,999 | $168 | 50 |
| 2895 Fairview Rd | 0.73mi | 3/2.0 | 1,354 (-12%) | 2mo | $270,000 | $199 | 45 |
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 · 1.84% rent growth · sell at horizon
- IRR
- -20.1%
- Equity multiple
- 0.31×
- Total profit
- $-50,953
- Equity at exit
- $39,199
- IRR
- -15.6%
- Equity multiple
- 0.16×
- Total profit
- $-61,632
- Equity at exit
- $22,731
Cash invested: $73,612 (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
ZIP-level market 30016
- Home prices YoY
- -8.6%
- Rents YoY
- 1.8%
- Active inventory
- 449
- Price-to-rent
- 10.7×
Monthly cashflow live
- Estimated rent
- $2,039 high interval (Pro) →
- Mortgage (P&I)
- −$1,379
- Tax from tax record
- −$216 /mo · $2,595/yr
- Insurance
- −$110
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$428
- Net cashflow
- $-94
Break-even live
Sensitivity live
| Price | -10% $55 | -5% $-19 | +0% $-94 | +5% $-168 | +10% $-242 |
|---|---|---|---|---|---|
| Rent | -10% $-255 | -5% $-174 | +0% $-94 | +5% $-13 | +10% $67 |
| Rate | -1.0pp $39 | -0.5pp $-27 | base $-94 | +0.5pp $-162 | +1.0pp $-231 |
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
- $65,725
- Closing costs
- $7,887
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 32 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 25 Fairhaven Ct Covington, GA | 3.0 | 2.0 | 1580 | $1,861 | $1.18 | 26d | 1 | 0.27mi |
| 110 Fairview Chase Covington, GA | 3.0 | 2.0 | 1393 | $1,666 | $1.20 | 14d | 1 | 0.44mi |
| 55 Windsong Dr Covington, GA | 3.0 | 2.0 | 1849 | $1,995 | $1.08 | 45d | 1 | 0.44mi |
| 3589 Fairview Rd Covington, GA | 4.0–5.0 | 2.0–3.0 | 2100 | $2,390 | $1.14 | 0d | 3 | 0.52mi |
| 3489 Fairview Rd Unit Maple Covington, GA | 4.0 | 2.0 | 1850 | $2,390 | $1.29 | 13d | 1 | 0.52mi |
| 200 Bowen Way Covington, GA | 4.0 | 2.0 | 1918 | $2,650 | $1.38 | 45d | 1 | 0.55mi |
| 115 Cherohala Ct Covington, GA | 4.0 | 2.5 | 2044 | $2,216 | $1.08 | 0d | 1 | 0.69mi |
| 20 Natalie Ct Covington, GA | 3.0 | 2.0 | 1882 | $2,500 | $1.33 | 45d | 1 | 0.74mi |
| 125 Flowers Dr Covington, GA | 3.0 | 2.0 | 1712 | $1,895 | $1.11 | 45d | 1 | 0.80mi |
| 12000 Prose Cir Covington, GA | 1.0–2.0 | 1.0–2.0 | 996 | $1,667 | $1.67 | 5d | 20 | 0.80mi |
| 330 Crestfield Cir Covington, GA | 4.0 | 3.0 | 1500 | $1,850 | $1.23 | 14d | 1 | 1.00mi |
| 185 Summer Walk Dr Covington, GA | 3.0 | 2.0 | 1713 | $2,085 | $1.22 | 14d | 1 | 1.02mi |
| 95 Saddlebrook Ct Covington, GA | 3.0 | 2.0 | 1950 | $1,850 | $0.95 | 26d | 1 | 1.04mi |
| 565 Womack Rd Covington, GA | 3.0 | 1.0 | 1056 | $1,295 | $1.23 | 26d | 1 | 1.08mi |
| 110 Chandler Cir Covington, GA | 3.0 | 2.5 | 1469 | $1,795 | $1.22 | 26d | 1 | 1.11mi |
| 125 Bentley Place Way Covington, GA | 3.0 | 2.0 | 1464 | $1,786 | $1.22 | 0d | 1 | 1.14mi |
| 95 Saddlebrook Dr Covington, GA | 3.0 | 2.0 | 1950 | $1,850 | $0.95 | 7d | 1 | 1.14mi |
| 50 Harvard Dr Covington, GA | 3.0 | 2.5 | 1566 | $1,870 | $1.19 | 45d | 1 | 1.15mi |
| 255 Fieldview Ln Covington, GA | 4.0 | 2.0 | 1519 | $1,741 | $1.15 | 0d | 1 | 1.17mi |
| 160 Princeton Way Covington, GA | 4.0 | 3.0 | 1858 | $2,031 | $1.09 | 14d | 1 | 1.23mi |
| 345 Lakeside Cir Covington, GA | 3.0 | 2.5 | 1410 | $1,526 | $1.08 | 0d | 1 | 1.24mi |
| 205 Oak Terrace Dr Covington, GA | 4.0 | 2.5 | 1930 | $2,069 | $1.07 | 26d | 1 | 1.26mi |
| 2615 Darlington Ct Conyers, GA | 3.0 | 2.0 | 2180 | $2,260 | $1.04 | 26d | 1 | 1.27mi |
| 2876 Fieldstone Dr SE Conyers, GA | 3.0 | 2.0 | 2205 | $1,706 | $0.77 | 26d | 1 | 1.27mi |
| 43 Gum Tree Ct Covington, GA | 2.0 | 2.0 | 1120 | $1,300 | $1.16 | 7d | 1 | 1.32mi |
| 175 Meadowridge Dr Covington, GA | 3.0 | 2.0 | 1508 | $1,719 | $1.14 | 5d | 1 | 1.34mi |
| 155 Meadowridge Dr Covington, GA | 3.0 | 2.5 | 1300 | $1,615 | $1.24 | 7d | 1 | 1.35mi |
| 145 Meadowridge Dr Covington, GA | 3.0 | 2.0 | 1708 | $1,790 | $1.05 | 4d | 1 | 1.36mi |
| 120 Lakeside Pt Covington, GA | 4.0 | 2.0 | 1721 | $1,889 | $1.10 | 45d | 1 | 1.36mi |
| 513 Kirkland Rd Covington, GA | 2.0–3.0 | 2.0–3.0 | 1207 | $2,025 | $1.68 | 7d | 9 | 1.41mi |
| 3080 Lakeside Cir Covington, GA | 3.0 | 2.0 | 1508 | $1,681 | $1.11 | 0d | 1 | 1.42mi |
| 15 Lakeside Cir Covington, GA | 2.0 | 2.5 | 1222 | $1,575 | $1.29 | 45d | 1 | 1.45mi |
Listing history 20 events
-
2026-05-09status Under Contract 589-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2026-05-09status Pending 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2026-04-15price $262,900 589-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2026-04-15price $262,900 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2026-03-26status Active 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2026-03-12$275,000 New 589-char remark
Show marketing remark (589 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you'll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
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2026-03-11historical
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2026-03-10historical Active Under Contract
-
2026-03-06status Pending 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2025-12-10status Active 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2025-12-10status Back On Market
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2025-11-20status Under Contract
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2025-11-20status Pending 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
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2025-08-22$275,000 Active 595-char remark
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
-
2025-08-22$275,000 New
Show marketing remark (595 chars)
Tucked away on a quiet cul-de-sac in the Woodstone community, this spacious 3-bedroom, 2-bath ranch offers easy one-level living on nearly half an acre. Inside, you’ll find vaulted ceilings, a bright open-concept living area, and a large eat-in kitchen with white cabinetry and ample counter space. The primary suite features a tray ceiling and private bath, while the additional bedrooms are well-sized and versatile. Enjoy outdoor living with a level backyard, private patio, and a 2-car garage for added storage. Convenient to local schools, shopping, and minutes from Covington Square.
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2023-12-06historical $1,495
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2023-11-27$1,495
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2020-11-03soldstatus $116,000
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2001-12-19soldstatus $114,900
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1999-05-27soldstatus $99,000
ⓘ 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
- $2,595 · $216/mo
- Projected year-2 tax
- $2,595 · $216/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 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 · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,468
- − Mortgage interest
- −$14,726
- − Property taxes
- −$2,595
- − Insurance
- −$1,314
- − Repairs & maintenance
- −$1,957
- − Management
- −$1,957
- − Depreciation
- −$7,648
- Taxable loss
- −$5,730
- Est. tax savings @ 24.0%
- +$1,375
- After-tax cash flow
- $252/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
- Newton County
- NCES district ID
- 1303930
- Math proficiency
- 17% ▼ -13.00%
- Reading proficiency
- 26% ▼ -8.00%
- Median HH income
- $50,768
- Composite
- 19.2/100
- National rank
- #8816
- State rank
- #137 of 174 in GA
Livability — Porterdale
- Score
- 58/100
- State rank
- #447
- US rank
- #21362
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Newton County · 104,393 people
- City population
- 76
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 62,968
- Household income
- $79,527
- Rent vs Own
- Severe rent burden
- 1172.0
Population outlook (Newton County) Hauer SSP2
- Today (2025)
- 118,372 people
- By 2030
- 124,234 · +5.0%
- By 2040
- 135,550 · +14.5%
- By 2050
- 145,309 · +22.8%
- By 2075
- 166,843 · +40.9%
- By 2100
- 175,800 · +48.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- Black 59% White 29% Two or more races 8% Hispanic / Latino 6% Asian 1%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Lithuanian 1% Slovak 1%
- Foreign-born
- 6% · Canada, China
- Languages at home
- 94% English-only · Spanish 4% Other Asian/Pacific 1% French/Haitian/Cajun 1%
Political lean MEDSL · Newton
- 2024 margin
- D (+15.1) · D 57.3% · R 42.2%
- 2008→2024 swing
- +14.0pp toward D · 2008: 1.2pp · 2024: 15.1pp
- All cycles
- 2024: D+15.1 2020: D+10.9 2016: D+2.4 2012: D+2.0 2008: D+1.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -29.68%
- Current HPI
- 317.5605
- Rent YoY
- ▲ 1.84%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+165.6% since first listed20 events — show timeline
- 2026-05-09 Pending — GAMLS
- 2026-05-09 Pending — FMLS
- 2026-04-15 Price Changed $262,900 GAMLS
- 2026-04-15 Price Changed $262,900 FMLS
- 2026-03-26 Relisted — FMLS
- 2026-03-12 Listed $275,000 GAMLS
- 2026-03-11 Listing Removed — GAMLS
- 2026-03-10 Contingent — GAMLS
- 2026-03-06 Pending — FMLS
- 2025-12-10 Relisted — FMLS
- 2025-12-10 Relisted — GAMLS
- 2025-11-20 Pending — GAMLS
- 2025-11-20 Pending — FMLS
- 2025-08-22 Listed $275,000 GAMLS
- 2025-08-22 Listed $275,000 FMLS
- 2023-12-06 Rental Removed $1,495 GAMLS
- 2023-11-27 Listed for Rent $1,495 GAMLS
- 2020-11-03 Sold (Public Records) $116,000 Public Records
- 2001-12-19 Sold (Public Records) $114,900 Public Records
- 1999-05-27 Sold (Public Records) $99,000 Public Records
Property tax history
+3.9%/yrLatest (2025): $2,595 · +0.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…