11066 Shannon Cir · Bonanza, GA 30228

$164,999

3 bd · 2.0 ba · 1,320 sqft · SingleFamily public records · 117 Days on market

Built 1998 0.29 ac lot $125/sqft · 33% below area Est $248k · 33% 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 +24.8/30.0
• ARV discount +15.0/15.0
• DSCR +8.0/10.0
• 1% rule +6.6/10.0
• Rent growth +3.1/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

Key facts

• Near dining
• Practical layout
• Near shopping

Tags

• FLEXIBLE COMMON AREAS
• PRACTICAL LAYOUT
• BACKYARD
• OUTDOOR LIVING
• NEAR SHOPPING
• NEAR DINING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $350 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $150k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 5.2% in Bonanza — 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 62/100 on livability (#314 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment C-, schools F, amenities F.
• Clayton County (suburban): math 11% / reading 20% proficiency, ranked #155 of 174 in GA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.2%/yr); 547 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 865 units permitted in Clayton County in 2024 (448 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 $5k of value loss. Plan a longer hold.
• Clayton 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 117 days — a 9% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 18y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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.

Recommended offer $150,149 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 days. Have you received any prior offers? Is the seller open to a 9% 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 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. 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.
6. 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.
7. 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: 1.16% ✓
• Cap rate: 8.84%
• Cash-on-cash: 9.09%
• DSCR: 1.40
• GRM: 7.2

CMA / ARV

• ARV (median comp): $247,566
• List price: $164,999
• Delta: -33.35%
• 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
11171 Knotty Pine Pl	0.27mi	3/2.0	1,338 (+1%)	4mo	$235,000	$176	82
1652 Thorn Ridge Trl	0.32mi	3/2.0	1,360 (+3%)	7mo	$201,000	$148	74
11045 Knotty Pine Pl	0.20mi	3/2.0	1,410 (+7%)	6mo	$183,000	$130	74
1623 Elizabeth Ln	0.31mi	3/2.0	1,392 (+6%)	3mo	$213,000	$153	74
10959 Thrasher Rd	0.30mi	3/2.0	1,395 (+6%)	3mo	$205,000	$147	74
1741 Portwest Way	0.38mi	3/2.0	1,374 (+4%)	6mo	$250,000	$182	70
11203 Knotty Pine Pl	0.32mi	3/2.0	1,444 (+9%)	1mo	$195,000	$135	68
11111 Shannon Cir	0.10mi	3/2.0	1,152 (-13%)	7mo	$220,500	$191	68
11120 Tara Glynn Dr	0.26mi	3/2.0	1,459 (+10%)	3mo	$249,000	$171	68
11139 Silver Aspen Ct	0.16mi	3/2.0	1,464 (+11%)	8mo	$210,000	$143	68
1578 Pintail Rd	0.68mi	3/2.0	1,302 (-1%)	3mo	$146,500	$113	64
1580 Pintail Rd	0.69mi	3/2.0	1,340 (+2%)	2mo	$120,000	$90	64

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 · 2.2% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.87×
• Total profit: $-5,937
• Equity at exit: $24,602

10-year hold

• IRR: 5.3%
• Equity multiple: 1.38×
• Total profit: $17,524
• Equity at exit: $14,266

Cash invested: $46,200 (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 30228

• Home prices YoY: -24.3%
• Rents YoY: 2.2%
• Active inventory: 547
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,918 high
• Mortgage (P&I): −$865
• Tax from tax record: −$231 /mo · $2,773/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $350

Break-even live

Break-even rent $1,475

Max offer price $164,999

Occupancy floor 77%

Sensitivity live

Price	-10% $443	-5% $397	+0% $350	+5% $303	+10% $257
Rent	-10% $198	-5% $274	+0% $350	+5% $426	+10% $501
Rate	-1.0pp $433	-0.5pp $392	base $350	+0.5pp $307	+1.0pp $264

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11035 Shannon Cir Hampton, GA	3.0	2.0	1320	$1,606	$1.22	13d	1	0.07mi
1578 Onalee Dr Hampton, GA	3.0	2.5	1709	$1,800	$1.05	25d	1	0.18mi
11015 Tara Blvd Lovejoy, GA	1.0–3.0	1.0–2.0	1113	$1,815	$1.63	44d	1	0.19mi
1652 Thorn Ridge Trl Hampton, GA	3.0	2.0	1360	$1,960	$1.44	44d	1	0.33mi
11236 James Madison Dr Hampton, GA	3.0	2.5	1518	$1,870	$1.23	44d	1	0.35mi
1591 Elizabeth Ln Hampton, GA	3.0	2.0	1352	$1,591	$1.18	44d	1	0.36mi
10911 Tara Blvd Lovejoy, GA	1.0–3.0	1.0–2.0	1150	$1,795	$1.56	44d	1	0.38mi
10784 Knotty Pine Pl Hampton, GA	3.0	2.0	1329	$1,795	$1.35	44d	1	0.43mi
10903 Thrasher Rd Hampton, GA	3.0	2.0	1412	$1,725	$1.22	22d	1	0.44mi
10887 Tara Blvd Hampton, GA	3.0	2.5	1756	$2,032	$1.16	5d	10	0.51mi
1902 Grove Way Lovejoy, GA	3.0	2.5	1592	$1,555	$0.98	4d	1	0.70mi
1863 Grove Way Lovejoy, GA	3.0	2.5	1592	$1,660	$1.04	25d	1	0.72mi
1781 Fielding Way Lovejoy, GA	3.0	2.5	1370	$1,545	$1.13	44d	1	0.73mi
2019 Grove Way Lovejoy, GA	3.0	2.5	1524	$1,395	$0.92	44d	1	0.75mi
1992 Lovejoy Rd Lovejoy, GA	1.0–3.0	1.0–2.0	1085	$1,902	$1.75	2d	25	0.78mi
10960 Morning Dove Dr Hampton, GA	3.0	2.0	1600	$4,600	$2.88	44d	1	0.85mi
1340 Birdsong Ln Hampton, GA	3.0	2.5	1640	$1,961	$1.20	6d	1	0.85mi
1374 Misty Ridge Ct Hampton, GA	3.0	2.0	1250	$1,775	$1.42	44d	1	0.88mi
10624 Woodcock St Jonesboro, GA	4.0	2.0	1171	$1,670	$1.43	22d	1	0.89mi
2306 Nicole Dr Lovejoy, GA	3.0	2.5	1324	$1,800	$1.36	44d	1	0.99mi
1496 Paladin Ct Hampton, GA	4.0	2.5	1116	$2,045	$1.83	20d	1	0.99mi
1546 Plover Rd Jonesboro, GA	4.0	3.0	1040	$1,730	$1.66	44d	1	0.99mi
2361 Brianna Dr Lovejoy, GA	3.0	2.5	1384	$1,525	$1.10	22d	1	0.99mi
2275 Nicole Dr Lovejoy, GA	4.0	2.0	1800	$1,835	$1.02	6d	1	1.00mi
2367 Brianna Dr Lovejoy, GA	3.0	2.5	1440	$1,695	$1.18	44d	1	1.00mi
11531 Kimberly Way Lovejoy, GA	3.0	2.5	1579	$2,200	$1.39	5d	1	1.01mi
11522 Kimberly Way Lovejoy, GA	3.0	2.5	1700	$2,200	$1.29	5d	1	1.01mi
2251 Nicole Dr #119 Hampton, GA	3.0	2.5	1324	$1,700	$1.28	25d	1	1.02mi
11352 Michelle Way Lovejoy, GA	3.0	2.5	1440	$1,485	$1.03	13d	1	1.05mi
2411 Brianna Dr Lovejoy, GA	3.0	2.0	1432	$1,826	$1.28	3d	1	1.06mi
1556 Wren Rd Jonesboro, GA	3.0	2.0	1388	$1,715	$1.24	44d	1	1.10mi
11523 Vinea Ln Lovejoy, GA	3.0	2.0	1557	$1,850	$1.19	44d	1	1.11mi
11866 Registry Blvd Unit 1 Hampton, GA	3.0	2.0	1488	$1,650	$1.11	25d	1	1.12mi
2257 Sugarleaf Trl Lovejoy, GA	3.0	2.0	1624	$1,775	$1.09	44d	1	1.16mi
2056 Registry Pl Lovejoy, GA	3.0	2.0	1488	$1,825	$1.23	44d	1	1.17mi
1442 Starling Ct Hampton, GA	3.0	2.0	1668	$1,885	$1.13	44d	1	1.21mi
11649 Mendenhall Ct Hampton, GA	3.0	2.5	1568	$2,300	$1.47	21d	1	1.22mi
10507 Starling Trl Hampton, GA	4.0	2.5	1800	$2,131	$1.18	44d	1	1.24mi
11560 Winston Dr Lovejoy, GA	3.0	3.0	1710	$2,710	$1.58	44d	1	1.26mi
11722 Chatham Dr Hampton, GA	3.0	2.5	1600	$2,300	$1.44	25d	1	1.27mi

Listing history 49 events

1. 2026-06-18
   days on market $164,999 Active 117 DOM
2. 2026-06-17
   days on market $164,999 Active 116 DOM
3. 2026-06-16
   days on market $164,999 Active 115 DOM
4. 2026-06-15
   days on market $164,999 Active 114 DOM
5. 2026-06-13
   pricedays on market $164,999 Active 112 DOM
6. 2026-06-09
   days on market $169,950 Active 108 DOM
7. 2026-06-08
   days on market $169,950 Active 107 DOM
8. 2026-06-07
   days on market $169,950 Active 106 DOM
9. 2026-06-04
   days on market $169,950 Active 103 DOM
10. 2026-06-03
    days on market $169,950 Active 102 DOM
11. 2026-06-02
    days on market $169,950 Active 101 DOM
12. 2026-06-01
    days on market $169,950 Active 100 DOM
13. 2026-05-31
    days on market $169,950 Active 99 DOM
14. 2026-05-18
    price $169,950 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

15. 2026-05-18
    price $169,950 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

16. 2026-04-27
    status Back On Market 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

17. 2026-04-27
    status Active 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

18. 2026-04-18
    status Pending 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

19. 2026-04-18
    status Under Contract 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

20. 2026-04-06
    price $179,900 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

21. 2026-04-06
    price $179,900 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

22. 2026-04-01
    status Back On Market 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

23. 2026-04-01
    status Active 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

24. 2026-03-20
    status Pending 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

25. 2026-03-20
    status Under Contract 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

26. 2026-03-03
    status Active 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

27. 2026-03-03
    status Back On Market 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

28. 2026-02-28
    status Under Contract 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

29. 2026-02-28
    status Pending 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

30. 2026-02-19
    price $189,900 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

31. 2026-02-19
    price $189,900 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

32. 2026-01-27
    listed $195,000 New 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

33. 2026-01-27
    listed $195,000 Active 401-char remark

    Show marketing remark (401 chars)

    Well-located single-family home situated in an established Hampton neighborhood. The floor plan offers comfortable everyday living with flexible common areas and a practical layout. Bedrooms provide space for rest, work, or guests, while the backyard offers room to enjoy outdoor living. Conveniently located near shopping, dining, schools, and major roadways, making commuting and daily errands easy.

34. 2025-09-01
    historical $1,525
35. 2025-08-17
    listed $1,525
36. 2024-01-21
    historical $1,290
37. 2023-12-22
    price $1,290
38. 2023-12-13
    price $1,390
39. 2023-12-08
    price $1,490
40. 2023-11-29
    price $1,585
41. 2023-11-07
    price $1,595
42. 2023-10-05
    price $1,645
43. 2023-09-06
    listed $1,655
44. 2021-11-10
    soldstatus $2,869,100
45. 2009-07-02
    soldstatus $54,800
46. 2009-06-29
    soldstatus $54,735
47. 2008-11-17
    listed $82,000
48. 1998-11-07
    soldstatus $73,200
49. 1990-02-15
    soldstatus $30,000

ⓘ 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: $2,773 · $231/mo
• Projected year-2 tax: $2,773 · $231/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 ≥105°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

Taxation est. · year 1

• Rental income: $23,013
• − Mortgage interest: −$9,243
• − Property taxes: −$2,773
• − Insurance: −$825
• − Repairs & maintenance: −$1,841
• − Management: −$1,841
• − Depreciation: −$4,800
• Taxable income: $1,691
• Est. tax owed @ 24.0%: −$406
• After-tax cash flow: $3,793/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: Clayton County
• NCES district ID: 1301230
• Math proficiency: 11% ▼ -13.00%
• Reading proficiency: 20% ▼ -9.00%
• Median HH income: $42,266
• Composite: 13.41/100
• National rank: #9527
• State rank: #155 of 174 in GA

Livability — Bonanza

• Score: 62/100
• State rank: #314
• US rank: #16994

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bonanza, GA
• County: Henry County · 316,359 people
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 52,402
• Household income: $82,619
• Rent vs Own: 27.9% rent · 72.1% own
• Severe rent burden: 1285.0

Population outlook (Clayton County) Hauer SSP2

• Today (2025): 310,777 people
• By 2030: 329,762 · +6.1%
• By 2040: 368,052 · +18.4%
• By 2050: 401,196 · +29.1%
• By 2075: 472,488 · +52.0%
• By 2100: 500,446 · +61.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (63%)
• Race & ethnicity: Black 63% White 23% Hispanic / Latino 8% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Hispanic 4% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada, Vietnam, Jamaica
• Languages at home: 89% English-only · Spanish 6% French/Haitian/Cajun 2% Vietnamese 1%

Political lean MEDSL · Clayton

• 2024 margin: Solid D (+69.2) · D 84.3% · R 15.1%
• 2008→2024 swing: +2.8pp toward D · 2008: 66.4pp · 2024: 69.2pp
• All cycles: 2024: D+69.2 2020: D+70.9 2016: D+71.9 2012: D+70.1 2008: D+66.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.11%
• Current HPI: 222.0357
• Rent YoY: ▲ 2.20%
• 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

+466.5% since first listed

36 events — show timeline

• 2026-05-18 Price Changed $169,950 GAMLS
• 2026-05-18 Price Changed $169,950 FMLS
• 2026-04-27 Relisted — GAMLS
• 2026-04-27 Relisted — FMLS
• 2026-04-18 Pending — FMLS
• 2026-04-18 Pending — GAMLS
• 2026-04-06 Price Changed $179,900 GAMLS
• 2026-04-06 Price Changed $179,900 FMLS
• 2026-04-01 Relisted — GAMLS
• 2026-04-01 Relisted — FMLS
• 2026-03-20 Pending — FMLS
• 2026-03-20 Pending — GAMLS
• 2026-03-03 Relisted — FMLS
• 2026-03-03 Relisted — GAMLS
• 2026-02-28 Pending — GAMLS
• 2026-02-28 Pending — FMLS
• 2026-02-19 Price Changed $189,900 GAMLS
• 2026-02-19 Price Changed $189,900 FMLS
• 2026-01-27 Listed $195,000 FMLS
• 2026-01-27 Listed $195,000 GAMLS
• 2025-09-01 Rental Removed $1,525 RENTLY
• 2025-08-17 Listed for Rent $1,525 RENTLY
• 2024-01-21 Rental Removed $1,290 PROPERTYWARE
• 2023-12-22 Price Changed $1,290 PROPERTYWARE
• 2023-12-13 Price Changed $1,390 PROPERTYWARE
• 2023-12-08 Price Changed $1,490 PROPERTYWARE
• 2023-11-29 Price Changed $1,585 PROPERTYWARE
• 2023-11-07 Price Changed $1,595 PROPERTYWARE
• 2023-10-05 Price Changed $1,645 PROPERTYWARE
• 2023-09-06 Listed for Rent $1,655 PROPERTYWARE
• 2021-11-10 Sold (Public Records) $2,869,100 Public Records
• 2009-07-02 Sold (Public Records) $54,800 Public Records
• 2009-06-29 Sold (MLS) $54,735 FMLS
• 2008-11-17 Listed $82,000 FMLS
• 1998-11-07 Sold (Public Records) $73,200 Public Records
• 1990-02-15 Sold (Public Records) $30,000 Public Records

Property tax history

+14.1%/yr

Latest (2025): $2,773 · +30.7% YoY. Source: county tax records.