1121 Granite Ln · Loganville, GA 30052

$280,000

4 bd · 2.0 ba · 1,882 sqft · SingleFamily public records · 13 Days on market

Built 1988 0.34 ac lot Est $326k · 14% 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 +19.8/30.0
• ARV discount +13.8/15.0
• DSCR +6.3/10.0
• 1% rule +4.0/10.0
• Schools +3.7/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

Key facts

• 0.34 acre lot
• 4 parking spots
• Built 1988

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (10.0% below list).
• Recommended offer: $252k (10.0% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 4.0% in Loganville — 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 74/100 on livability (#39 in GA, #4,689 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A-; Watch: amenities F, commute F.
• Walton County (rural): math 43% / reading 41% proficiency, ranked #31 of 174 in GA (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bay Creek Elementary School (math 43% / reading 39%, grade F, #411 of 1,228 statewide, top 34%, 715 students, 63% FRL); Loganville Middle School (math 46% / reading 48%, grade D+, #89 of 470 statewide, top 20%, 1,320 students, 39% FRL); Loganville High School (math 51% / reading 47%, grade D, #33 of 424 statewide, top 8%, 1,808 students, 30% FRL) — zoned schools at 44% FRL track the district average.
• Market conditions: Rents rising (+3.1%/yr); 847 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 677 units permitted in Walton County in 2024 (17 in 5+ unit buildings).
• This rent runs 32% of the median local income ($94k/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.
• Walton County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% 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 $252,071 (10.0% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 0.90% ✗
• Cap rate: 7.71%
• Cash-on-cash: 5.06%
• DSCR: 1.23
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $325,586
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1121 Granite Ln	0.00mi	4/2.0	1,882 (0%)	1mo	$280,000	$149	99
405 Bob Wood Dr	0.35mi	3/2.0 (-1)	1,792 (-5%)	2mo	$185,000	$103	69
983 Spanish Moss Trl	0.43mi	3/2.0 (-1)	1,882 (0%)	11mo	$385,000	$205	66
620 Hunter Cove Ln	0.19mi	4/2.0	1,645 (-13%)	8mo	$285,000	$173	63
517 Pebble Pt	0.19mi	4/2.0	1,626 (-14%)	10mo	$291,000	$179	60
507 Mockingbird Ln	0.50mi	3/2.0 (-1)	1,672 (-11%)	8mo	$330,000	$197	46
127 Perry St	0.44mi	3/1.0 (-1)	1,616 (-14%)	11mo	$201,000	$124	38
3351 Old Zion Cemetery Rd	0.47mi	4/3.0	2,160 (+15%)	18mo	$185,000	$86	35
150 Clifford St	0.73mi	3/2.0 (-1)	1,688 (-10%)	19mo	$344,000	$204	28

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 · 3.12% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.69×
• Total profit: $-24,124
• Equity at exit: $41,749

10-year hold

• IRR: 1.2%
• Equity multiple: 1.09×
• Total profit: $6,852
• Equity at exit: $24,209

Cash invested: $78,400 (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 30052

• Home prices YoY: -31.8%
• Rents YoY: 3.1%
• Active inventory: 847
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,521 high
• Mortgage (P&I): −$1,468
• Tax from tax record: −$75 /mo · $906/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$529
• Net cashflow: $331

Break-even live

Break-even rent $2,102

Max offer price $280,000

Occupancy floor 82%

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: $70,000
• Closing costs: $8,400
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1169 Granite Ln Loganville, GA	3.0	2.0	1430	$2,025	$1.42	2d	1	0.24mi
413 Bob Wood Dr Loganville, GA	3.0	2.0	1346	$2,123	$1.58	24d	1	0.32mi
249 Meadows Dr Loganville, GA	1.0–3.0	1.0–2.0	1074	$1,895	$1.76	43d	1	0.45mi
127 Perry St Loganville, GA	4.0	3.0	1616	$2,450	$1.52	22d	1	0.46mi
160 Cown Dr Loganville, GA	3.0	2.0	1404	$1,650	$1.18	24d	1	0.68mi
1020 Point Place Dr Loganville, GA	3.0	2.5	2301	$2,350	$1.02	17d	1	1.00mi
840 Point Place Dr Loganville, GA	3.0	2.5	2214	$2,300	$1.04	18d	1	1.04mi
741 Point Place Dr Loganville, GA	3.0	2.5	2301	$2,350	$1.02	43d	1	1.05mi
2217 Baker Carter Dr Loganville, GA	3.0	2.5	1620	$1,870	$1.15	43d	1	1.08mi
410 Point Place Dr Loganville, GA	3.0	2.5	2234	$2,400	$1.07	24d	1	1.12mi
9200 Liberty Ln Loganville, GA	2.0–3.0	2.0–3.0	1243	$2,359	$1.90	1d	16	1.15mi
3209 U.S. 78 Unit Poppy Loganville, GA	3.0	3.0	1411	$2,141	$1.52	3d	1	1.27mi
3209 U.S. 78 Unit Nutmeg Loganville, GA	3.0	3.0	1466	$2,360	$1.61	2d	1	1.27mi
100 Alexander Xing Loganville, GA	2.0–3.0	2.0–2.5	1381	$1,895	$1.37	2d	20	1.31mi
112 Chase Landing Dr Unit Macland Loganville, GA	4.0	2.5	1931	$2,633	$1.36	2d	1	1.36mi
112 Chase Landing Dr Unit Gentry Loganville, GA	3.0	2.5	1830	$2,797	$1.53	2d	1	1.36mi
301 Victory Gallup Ln Loganville, GA	3.0–4.0	2.5	2082	$4,614	$2.22	1d	1	1.45mi
156 Chase Landing Dr Unit Martin Loganville, GA	4.0	2.5	2335	$2,788	$1.19	2d	1	1.47mi
333 Tara Commons Cir Loganville, GA	3.0	2.5	2049	$1,949	$0.95	43d	1	1.48mi

Listing history 6 events

1. 2026-04-28
   status Under Contract 665-char remark

   Show marketing remark (665 chars)

   Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

2. 2026-04-28
   status Pending

   Show marketing remark (665 chars)

   Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

3. 2026-04-15
   listed $280,000 Active

   Show marketing remark (665 chars)

   Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

4. 2026-04-15
   listed $280,000 New 665-char remark

   Show marketing remark (665 chars)

   Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

5. 2026-04-13
   historical $280,000

   Show marketing remark (665 chars)

   Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

6. 2026-04-13
   historical $280,000 665-char remark

   Show marketing remark (665 chars)

   Beautiful, well-maintained ranch home in Loganville located in the Loganville High School district, featuring 4 bedrooms and 2 full bathrooms. This move-in-ready home offers a bright, open floor plan with a seamless flow between the family room, dining area, and kitchen. Interior updates include fresh paint throughout and new carpet in all bedrooms. A spacious sunroom provides additional living space filled with natural light. Enjoy outdoor living with both a front porch and back porch. Situated on a level lot with a long driveway, offering ample parking and easy access. Conveniently located near Loganville High School, shopping, dining, and major highways.

ⓘ 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: $906 · $75/mo
• Projected year-2 tax: $2,576 · $215/mo
• Expected delta: +$1,670/yr (+$139/mo · 184.4%)

ⓘ 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 ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,249
• − Mortgage interest: −$15,684
• − Property taxes: −$906
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,420
• − Management: −$2,420
• − Depreciation: −$8,145
• Taxable loss: −$727
• Est. tax savings @ 24.0%: +$174
• After-tax cash flow: $4,145/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: Walton County
• NCES district ID: 1305390
• Math proficiency: 43% ▼ -10.00%
• Reading proficiency: 41% ▼ -10.00%
• Median HH income: $53,716
• Composite: 36.52/100
• National rank: #4643
• State rank: #31 of 174 in GA

Livability — Loganville

• Score: 74/100
• State rank: #39
• US rank: #4689

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Loganville, GA
• County: Walton County · 128,246 people
• City population: 79,811
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 79,811
• Household income: $93,764
• Rent vs Own: 19.3% rent · 80.7% own
• Severe rent burden: 1174.0

Population outlook (Walton County) Hauer SSP2

• Today (2025): 98,098 people
• By 2030: 102,496 · +4.5%
• By 2040: 110,318 · +12.5%
• By 2050: 115,848 · +18.1%
• By 2075: 125,830 · +28.3%
• By 2100: 123,852 · +26.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 48% Black 33% Hispanic / Latino 13% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 3% Cuban 1%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 1%
• Foreign-born: 13% · Canada, Jamaica, Vietnam
• Languages at home: 84% English-only · Spanish 10% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Walton

• 2024 margin: Solid R (+45.9) · D 26.7% · R 72.6%
• 2008→2024 swing: +6.2pp toward D · 2008: -52.1pp · 2024: -45.9pp
• All cycles: 2024: R+45.9 2020: R+49.2 2016: R+56.4 2012: R+55.6 2008: R+52.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -98.77%
• Current HPI: 212.1241
• Rent YoY: ▲ 3.12%
• 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

+0.0% since first listed

6 events — show timeline

• 2026-04-28 Pending — GAMLS
• 2026-04-28 Pending — FMLS
• 2026-04-15 Listed $280,000 FMLS
• 2026-04-15 Listed $280,000 GAMLS
• 2026-04-13 Coming Soon $280,000 FMLS
• 2026-04-13 Coming Soon $280,000 GAMLS

Property tax history

-0.6%/yr

Latest (2025): $906 · +3.4% YoY. Source: county tax records.