Duplex
5472-5474 June Dr SW · Austell, 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 5/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 24.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +26.3/30.0
- DSCR +8.9/10.0
- ARV discount +7.5/15.0
- 1% rule +7.0/10.0
- Condition / age +4.0/5.0
- Schools +3.8/10.0
- Livability +3.4/5.0
- Rent growth +2.8/5.0
- Appreciation +0.0/10.0
$300,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
BACK ON MARKET AT NO FAULT OF SELLER. INSPECTIONS ALL COMPLETED. Recently renovated and income-producing, this updated duplex is a strong opportunity for investors seeking a low-maintenance rental property with immediate upside in Austell! Each side features a 2-bedroom, 1-bath layout, and the property was renovated within the past 2-3 years, which should offer some peace of mind. Both units are all-electric and separately metered for convenience and efficiency. Septic drain field was repaired in April of 2026. One unit is currently long-term, tenant-occupied (month-to-month but wishes to sign a long term lease) with the tenant wishing to remain, while the second unit is vacant and available for immediate leasing. Current tenant is paying $1,100 per unit, with a $1,100 security deposit. Seller prefers to sell with the current tenant in place. Sold as-is; pictures are for the vacant unit.
Key facts
- Updated duplex
- Separately metered
- 0.75 acre lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1-bath units multifamily listed at $300k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $771 ($9k/yr) — positive. Per door: $385/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $300k).
- Recommended offer: $273k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.4% vs local median 4.7% in Austell — 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 67/100 on livability (#175 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, schools D-, amenities F.
- Cobb County (suburban): math 39% / reading 45% proficiency, ranked #25 of 174 in GA (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+1.3%/yr); 184 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,625 units permitted in Cobb County in 2024 (389 in 5+ unit buildings).
- At $3,600/mo this rent would consume 63% of the median local household income ($69k/yr) (locally 907% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Cobb County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 101 days — a 9% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 17y 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 $45k; list at $300k implies a 568% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: 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
- It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 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?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.20% ✓
- Cap rate
- 9.38%
- Cash-on-cash
- 11.01%
- DSCR
- 1.49
- GRM
- 6.9
CMA / ARV
No comps found within radius.
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5472-5474 June Dr SW | 0.00mi | —/— | — | 1mo | $240,000 | — | 87 |
| 5474 June Dr SW | 0.02mi | 4/2.0 | — | 1mo | $240,000 | — | 86 |
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 · 1.3% rent growth · sell at horizon
- IRR
- -1.8%
- Equity multiple
- 0.93×
- Total profit
- $-5,523
- Equity at exit
- $44,731
- IRR
- 6.0%
- Equity multiple
- 1.41×
- Total profit
- $34,610
- Equity at exit
- $25,939
Cash invested: $84,000 (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
ZIP-level market 30106
- Home prices YoY
- -33.4%
- Rents YoY
- 1.3%
- Active inventory
- 184
- Price-to-rent
- 13.9×
Monthly cashflow live
- Estimated rent
- $3,600 high interval (Pro) →
- Mortgage (P&I)
- −$1,573
- Tax est. 1.5%
- −$375 /mo · $4,500/yr
- Insurance
- −$125
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$756
- Net cashflow
- $771
Break-even live
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $3,600 |
| #1 | 2 | 1 | $1,800 |
| #2 | 2 | 1 | $1,800 |
| Total (2 units) | $3,600 | ||
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
- $75,000
- Closing costs
- $9,000
- 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 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1917 Annette Ln Austell, GA | 3.0 | 2.0 | 1585 | $1,796 | $1.13 | 12d | 1 | 0.29mi |
| 1860 Gherry Dr Austell, GA | 3.0 | 2.0 | 1465 | $1,606 | $1.10 | 5d | 1 | 0.30mi |
| 2020 Annette Ln Austell, GA | 3.0 | 2.0 | 1452 | $1,900 | $1.31 | 24d | 1 | 0.38mi |
| 5714 S Gordon Rd Austell, GA | 1.0 | 1.0 | 400 | $1,500 | $3.75 | 43d | 1 | 0.66mi |
| 5874 S Gordon Rd Austell, GA | 3.0 | 2.0 | 1286 | $1,850 | $1.44 | 12d | 1 | 0.68mi |
| 5575 Burrus Rd Austell, GA | 3.0 | 2.0 | 1301 | $1,500 | $1.15 | 12d | 1 | 0.71mi |
| 2610 Ravencliff Dr Austell, GA | 3.0 | 2.5 | 1959 | $2,760 | $1.41 | 24d | 1 | 0.71mi |
| 2321 Perkerson Mill Rd SW Austell, GA | 2.0 | 1.0 | 688 | $1,250 | $1.82 | 24d | 1 | 0.75mi |
| 5107 Huntcrest Dr SW Mableton, GA | 3.0 | 2.5 | 2388 | $2,400 | $1.01 | 43d | 1 | 0.88mi |
| 5128 Lakeview Ct Austell, GA | 2.0 | 1.5 | 1080 | $1,605 | $1.49 | 12d | 1 | 0.96mi |
| 5069 Flint Hill Rd SW Unit A Austell, GA | 2.0 | 1.0 | — | $1,345 | — | 43d | 1 | 0.98mi |
| 2501 Washington St Austell, GA | 2.0 | 2.0 | — | $1,660 | — | 43d | 1 | 1.04mi |
| 2511 Washington St Austell, GA | 1.0 | 1.0 | 1900 | $900 | $0.47 | 43d | 1 | 1.05mi |
| 1707 Virginia Cir SW Mableton, GA | 3.0 | 2.0 | 1235 | $1,835 | $1.49 | 24d | 1 | 1.14mi |
| 1204 Veterans Memorial Hwy SW Mableton, GA | 1.0–2.0 | 1.0 | 960 | $1,266 | $1.32 | 22d | 2 | 1.15mi |
| 6192 Pine Bluff Ct Austell, GA | 3.0 | 2.0 | 1296 | $1,831 | $1.41 | 17d | 1 | 1.18mi |
| 2511 Joe Jerkins Blvd Austell, GA | 1.0 | 1.0 | 1900 | $900 | $0.47 | 43d | 1 | 1.23mi |
| 1138 Gerald Pl SW Unit B Mableton, GA | 2.0 | 1.0 | 1318 | $1,495 | $1.13 | 5d | 1 | 1.29mi |
| 1112 Elyse Ln Mableton, GA | 3.0 | 2.5 | — | $2,900 | — | 4d | 1 | 1.29mi |
| 1421 Thunderwood Ct SW Mableton, GA | 3.0 | 2.0 | 1584 | $2,100 | $1.33 | 18d | 1 | 1.32mi |
| 2141 Sandalwood Ln SW Austell, GA | 3.0 | 2.0 | 1475 | $2,136 | $1.45 | 15d | 1 | 1.42mi |
| 5581 Edith St Unit 5585 Austell, GA | 2.0 | 1.0 | — | $1,150 | — | 24d | 1 | 1.46mi |
Listing history 8 events
-
2026-04-14status Back On Market 900-char remark
Show marketing remark (900 chars)
BACK ON MARKET AT NO FAULT OF SELLER. INSPECTIONS ALL COMPLETED. Recently renovated and income-producing, this updated duplex is a strong opportunity for investors seeking a low-maintenance rental property with immediate upside in Austell! Each side features a 2-bedroom, 1-bath layout, and the property was renovated within the past 2-3 years, which should offer some peace of mind. Both units are all-electric and separately metered for convenience and efficiency. Septic drain field was repaired in April of 2026. One unit is currently long-term, tenant-occupied (month-to-month but wishes to sign a long term lease) with the tenant wishing to remain, while the second unit is vacant and available for immediate leasing. Current tenant is paying $1,100 per unit, with a $1,100 security deposit. Seller prefers to sell with the current tenant in place. Sold as-is; pictures are for the vacant unit.
-
2026-03-17status Under Contract 900-char remark
Show marketing remark (900 chars)
BACK ON MARKET AT NO FAULT OF SELLER. INSPECTIONS ALL COMPLETED. Recently renovated and income-producing, this updated duplex is a strong opportunity for investors seeking a low-maintenance rental property with immediate upside in Austell! Each side features a 2-bedroom, 1-bath layout, and the property was renovated within the past 2-3 years, which should offer some peace of mind. Both units are all-electric and separately metered for convenience and efficiency. Septic drain field was repaired in April of 2026. One unit is currently long-term, tenant-occupied (month-to-month but wishes to sign a long term lease) with the tenant wishing to remain, while the second unit is vacant and available for immediate leasing. Current tenant is paying $1,100 per unit, with a $1,100 security deposit. Seller prefers to sell with the current tenant in place. Sold as-is; pictures are for the vacant unit.
-
2026-01-20$300,000 New 900-char remark
Show marketing remark (900 chars)
BACK ON MARKET AT NO FAULT OF SELLER. INSPECTIONS ALL COMPLETED. Recently renovated and income-producing, this updated duplex is a strong opportunity for investors seeking a low-maintenance rental property with immediate upside in Austell! Each side features a 2-bedroom, 1-bath layout, and the property was renovated within the past 2-3 years, which should offer some peace of mind. Both units are all-electric and separately metered for convenience and efficiency. Septic drain field was repaired in April of 2026. One unit is currently long-term, tenant-occupied (month-to-month but wishes to sign a long term lease) with the tenant wishing to remain, while the second unit is vacant and available for immediate leasing. Current tenant is paying $1,100 per unit, with a $1,100 security deposit. Seller prefers to sell with the current tenant in place. Sold as-is; pictures are for the vacant unit.
-
2010-03-04historical 188-char remark
Show marketing remark (188 chars)
5472-VACANT,5474-OCCUPIED-DO NOT DISTURB-GREAT DUPLEX! DONT MISS OUT! EACH UNIT HAS 2BD/1BA! INCLUDES FAMILY/GREAT ROOM, HARDWOOD FLOORS, & MUCH MORE! SOLD AS IS/NO SELLERS DISCLOSURE!
-
2010-02-25status Pending 188-char remark
Show marketing remark (188 chars)
5472-VACANT,5474-OCCUPIED-DO NOT DISTURB-GREAT DUPLEX! DONT MISS OUT! EACH UNIT HAS 2BD/1BA! INCLUDES FAMILY/GREAT ROOM, HARDWOOD FLOORS, & MUCH MORE! SOLD AS IS/NO SELLERS DISCLOSURE!
-
2010-02-25soldstatus $44,900 Sold 188-char remark
Show marketing remark (188 chars)
5472-VACANT,5474-OCCUPIED-DO NOT DISTURB-GREAT DUPLEX! DONT MISS OUT! EACH UNIT HAS 2BD/1BA! INCLUDES FAMILY/GREAT ROOM, HARDWOOD FLOORS, & MUCH MORE! SOLD AS IS/NO SELLERS DISCLOSURE!
-
2010-01-11historical 188-char remark
Show marketing remark (188 chars)
5472-VACANT,5474-OCCUPIED-DO NOT DISTURB-GREAT DUPLEX! DONT MISS OUT! EACH UNIT HAS 2BD/1BA! INCLUDES FAMILY/GREAT ROOM, HARDWOOD FLOORS, & MUCH MORE! SOLD AS IS/NO SELLERS DISCLOSURE!
-
2009-12-21$44,900 Active 188-char remark
Show marketing remark (188 chars)
5472-VACANT,5474-OCCUPIED-DO NOT DISTURB-GREAT DUPLEX! DONT MISS OUT! EACH UNIT HAS 2BD/1BA! INCLUDES FAMILY/GREAT ROOM, HARDWOOD FLOORS, & MUCH MORE! SOLD AS IS/NO SELLERS DISCLOSURE!
ⓘ 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 3/10 Moderate
- Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
- Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
- $43,200
- − Mortgage interest
- −$16,805
- − Property taxes
- −$4,500
- − Insurance
- −$1,500
- − Repairs & maintenance
- −$3,456
- − Management
- −$3,456
- − Depreciation
- −$8,727
- Taxable income
- $4,756
- Est. tax owed @ 24.0%
- −$1,141
- After-tax cash flow
- $8,108/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.
Condition & rehab AI · 12 photos
This recently renovated and income-producing duplex is in good condition with updated kitchens and bathrooms, and a solid structure. It offers a strong opportunity for investors seeking a low-maintenance rental property with immediate upside in Austell.
Value-add opportunities
- Both Painting the exterior brick — Enhances curb appeal and can increase both resale and rental value
- Both Landscaping the front yard — Improves curb appeal and can increase both resale and rental value
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior brick — Enhances curb appeal and can increase both resale and rental value ↑
- Both Landscaping the front yard — Improves curb appeal and can increase both resale and rental value ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Cobb County
- NCES district ID
- 1301290
- Math proficiency
- 39% ▼ -15.00%
- Reading proficiency
- 45% ▼ -10.00%
- Median HH income
- $68,845
- Composite
- 37.93/100
- National rank
- #4308
- State rank
- #25 of 174 in GA
Livability — Austell
- Score
- 67/100
- State rank
- #175
- US rank
- #11059
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Austell, GA
- County
- Cobb County · 777,758 people
- City population
- 49,719
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 23,107
- Household income
- $68,881
- Rent vs Own
- Severe rent burden
- 907.0
Population outlook (Cobb County) Hauer SSP2
- Today (2025)
- 868,385 people
- By 2030
- 929,614 · +7.1%
- By 2040
- 1,047,533 · +20.6%
- By 2050
- 1,155,537 · +33.1%
- By 2075
- 1,405,030 · +61.8%
- By 2100
- 1,555,058 · +79.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.62)
- Race & ethnicity
- Black 54% White 22% Hispanic / Latino 20% Two or more races 8% Asian 1%
- Hispanic origin (detail)
- Mexican 9% Puerto Rican 6%
- Common ancestry
- Italian 2% Hispanic 1% Romanian 1%
- Foreign-born
- 14% · Canada, Jamaica, Vietnam
- Languages at home
- 79% English-only · Spanish 16% Other Indo-European 1% French/Haitian/Cajun 1%
Political lean MEDSL · Cobb
- 2024 margin
- D (+14.9) · D 56.9% · R 42.0% · Other 1.1%
- 2008→2024 swing
- +24.3pp toward D · 2008: -9.4pp · 2024: 14.9pp
- All cycles
- 2024: D+14.9 2020: D+14.3 2016: D+2.1 2012: R+12.6 2008: R+9.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -128.55%
- Current HPI
- 256.6988
- Rent YoY
- ▲ 1.30%
- 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 |
|
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Price history
+568.2% since first listed8 events — show timeline
- 2026-04-14 Relisted — GAMLS
- 2026-03-17 Pending — GAMLS
- 2026-01-20 Listed $300,000 GAMLS
- 2010-03-04 Listing Removed — FMLS
- 2010-02-25 Pending — FMLS
- 2010-02-25 Sold (MLS) $44,900 FMLS
- 2010-01-11 Listing Removed — FMLS
- 2009-12-21 Listed $44,900 FMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…