None · Lindale, GA 30147

$150,000

4 bd · 2.0 ba · 2,205 sqft · SingleFamily public records · 74 Days on market

Built 1920 0.26 ac lot $68/sqft · 31% below area Est $218k · 31% under

---

Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.5/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cash or conventional only Investor special Needs inside completed with sheetrock and flooring etc. 2 bed/1 bath on each side Outside has been completely renovated

Key facts

• 0.26 acre lot
• Built 1920
• Listed 74 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
• Cap rate 14.7% vs local median 3.2% in Lindale — 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 59/100 on livability (#411 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, amenities F.
• Floyd County (rural): math 41% / reading 40% proficiency, ranked #45 of 174 in GA (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 39 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 355 units permitted in Floyd County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Floyd County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $115k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.67% ✓
• Cap rate: 14.68%
• Cash-on-cash: 29.95%
• DSCR: 2.33
• GRM: 5.0

CMA / ARV

• ARV (median comp): $218,043
• List price: $150,000
• Delta: -31.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3419 Maple Rd SE	0.08mi	5/1.5 (+1)	2,196 (-0%)	11mo	$72,500	$33	79
220 Avenue D	0.16mi	5/2.0 (+1)	2,037 (-8%)	4mo	$99,900	$49	72
16 Summit Dr SE	0.45mi	3/3.0 (-1)	2,200 (-0%)	2mo	$309,000	$140	68
17 N Terrace Ave SE	0.50mi	3/2.0 (-1)	2,076 (-6%)	3mo	$257,000	$124	60
84 Nelson St SE	0.65mi	3/2.0 (-1)	2,121 (-4%)	20mo	$170,000	$80	42
198 Sunset Dr SE	0.38mi	3/3.0 (-1)	1,905 (-14%)	20mo	$365,000	$192	34

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.5%
• Equity multiple: 2.01×
• Total profit: $42,427
• Equity at exit: $22,365

10-year hold

• IRR: 32.3%
• Equity multiple: 3.92×
• Total profit: $122,792
• Equity at exit: $12,969

Cash invested: $42,000 (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 30147

• Home prices YoY: -14.3%
• Active inventory: 39
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,500 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$78 /mo · $932/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$525
• Net cashflow: $1,048

Break-even live

Break-even rent $1,173

Max offer price $150,000

Occupancy floor 53%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
59 Bennett Way SE Rome, GA	4.0	2.5	2400	$2,500	$1.04	44d	1	1.05mi

Listing history 23 events

1. 2026-06-19
   days on market $150,000 Active 74 DOM
2. 2026-06-18
   days on market $150,000 Active 73 DOM
3. 2026-06-17
   days on market $150,000 Active 72 DOM
4. 2026-06-16
   days on market $150,000 Active 71 DOM
5. 2026-06-15
   days on market $150,000 Active 70 DOM
6. 2026-06-14
   days on market $150,000 Active 68 DOM
7. 2026-06-13
   days on market $150,000 Active 67 DOM
8. 2026-06-10
   days on market $150,000 Active 65 DOM
9. 2026-06-09
   days on market $150,000 Active 64 DOM
10. 2026-06-08
    days on market $150,000 Active 63 DOM
11. 2026-06-07
    pricedays on market $150,000 Active 62 DOM
12. 2026-06-03
    days on market $170,000 Active 58 DOM
13. 2026-06-02
    days on market $170,000 Active 57 DOM
14. 2026-06-01
    days on market $170,000 Active 56 DOM
15. 2026-05-31
    days on market $170,000 Active 55 DOM
16. 2026-05-30
    days on market $170,000 Active 54 DOM
17. 2026-04-05
    listed $170,000 New 167-char remark

    Show marketing remark (1223 chars)

    Welcome to this investor's dream, a charming duplex offering endless potential. As you step through the front door, envision the possibilities in the spacious living room, where natural light pours in, creating a warm and inviting atmosphere. Each side of this duplex feature two bedrooms and a bathroom, providing ample space for comfort and privacy. The interior awaits your creative vision, with the opportunity to complete it with sheetrock and flooring to suit your style. Imagine crafting a cozy retreat that reflects your taste and preferences. The exterior has been completely renovated, showcasing a fresh and modern appeal that enhances the property's curb appeal. Located conveniently close to shopping and dining options, this property offers the perfect blend of tranquility and accessibility. Just a short drive away, you'll find a variety of restaurants and retail stores, making everyday errands and leisure activities a breeze. This is a cash or conventional opportunity not to be missed, ideal for those looking to invest in a property with great potential. Embrace the chance to create a unique living space in a location that combines convenience with the charm of a well-established neighborhood.

18. 2026-04-05
    listed $170,000 Active 1223-char remark

    Show marketing remark (1223 chars)

    Welcome to this investor's dream, a charming duplex offering endless potential. As you step through the front door, envision the possibilities in the spacious living room, where natural light pours in, creating a warm and inviting atmosphere. Each side of this duplex feature two bedrooms and a bathroom, providing ample space for comfort and privacy. The interior awaits your creative vision, with the opportunity to complete it with sheetrock and flooring to suit your style. Imagine crafting a cozy retreat that reflects your taste and preferences. The exterior has been completely renovated, showcasing a fresh and modern appeal that enhances the property's curb appeal. Located conveniently close to shopping and dining options, this property offers the perfect blend of tranquility and accessibility. Just a short drive away, you'll find a variety of restaurants and retail stores, making everyday errands and leisure activities a breeze. This is a cash or conventional opportunity not to be missed, ideal for those looking to invest in a property with great potential. Embrace the chance to create a unique living space in a location that combines convenience with the charm of a well-established neighborhood.

19. 2023-09-01
    soldstatus $115,000
20. 2023-07-06
    soldstatus $70,000 Sold
21. 2023-06-24
    status Under Contract
22. 2023-06-21
    listed $89,900 New
23. 2001-03-30
    soldstatus $50,000

ⓘ 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: $932 · $78/mo
• Projected year-2 tax: $1,380 · $115/mo
• Expected delta: +$448/yr (+$37/mo · 48.1%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,000
• − Mortgage interest: −$8,402
• − Property taxes: −$932
• − Insurance: −$750
• − Repairs & maintenance: −$2,400
• − Management: −$2,400
• − Depreciation: −$4,364
• Taxable income: $10,752
• Est. tax owed @ 24.0%: −$2,581
• After-tax cash flow: $9,998/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: Floyd County
• NCES district ID: 1302190
• Math proficiency: 41% ▼ -5.00%
• Reading proficiency: 40% ▼ -4.00%
• Median HH income: $47,083
• Composite: 34.64/100
• National rank: #5143
• State rank: #45 of 174 in GA

Livability — Lindale

• Score: 59/100
• State rank: #411
• US rank: #20340

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lindale, GA
• Population (ZIP): 4,855

Population outlook (Floyd County) Hauer SSP2

• Today (2025): 96,321 people
• By 2030: 95,532 · -0.8%
• By 2040: 93,332 · -3.1%
• By 2050: 90,850 · -5.7%
• By 2075: 84,989 · -11.8%
• By 2100: 76,097 · -21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 2% Italian 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Floyd

• 2024 margin: Solid R (+42.0) · D 28.8% · R 70.7%
• 2008→2024 swing: -5.6pp toward R · 2008: -36.4pp · 2024: -42.0pp
• All cycles: 2024: R+42.0 2020: R+41.1 2016: R+43.5 2012: R+39.9 2008: R+36.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.07%
• Current HPI: 269.7475
• Rent YoY: —
• Metro: —
• 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

+240.0% since first listed

7 events — show timeline

• 2026-04-05 Listed $170,000 FMLS
• 2026-04-05 Listed $170,000 GAMLS
• 2023-09-01 Sold (Public Records) $115,000 Public Records
• 2023-07-06 Sold (MLS) $70,000 GAMLS
• 2023-06-24 Pending — GAMLS
• 2023-06-21 Listed $89,900 GAMLS
• 2001-03-30 Sold (Public Records) $50,000 Public Records

Property tax history

+13.2%/yr

Latest (2025): $932 · +12.0% YoY. Source: county tax records.