975 Ridgedale Dr · Lawrenceville, GA 30043

$385,000

3 bd · 2.0 ba · 2,478 sqft · SingleFamily public records · 74 Days on market

Built 1984 0.42 ac lot $155/sqft · 17% below area Est $466k · 17% under

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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 +15.0/15.0
• Cash flow +8.1/30.0
• Livability +4.2/5.0
• Schools +3.7/10.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• Rent growth +2.0/5.0
• 1% rule +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price Improved!!! This beautiful 4-bedroom, 3-bath ranch home perfectly nestled on a quiet cul-de-sac in one of Georgia's top-rated school districts. Designed with comfort and functionality in mind, this move-in-ready residence offers an ideal layout for families or multigenerational living. Step inside to discover open-concept living areas filled with abundant natural light, creating a warm and inviting atmosphere for everyday living and entertaining. The basement in-law suite, complete with a private entrance, full bath, and kitchenette, provides flexibility for guests, extended family, or potential rental income. Enjoy peace of mind with a brand-new roof featuring a transferable warranty, ensuring years of worry-free ownership. The home sits on a spacious 1/2-acre lot, offering endless possibilities for outdoor entertaining, gardening, or future expansion. Every detail has been thoughtfully renovated to deliver a move-in-ready experience-unpack and start living your next chapter in this exceptional home.

Key facts

• In-law suite
• Kitchenette
• Brand-new roof

Tags

• IN-LAW SUITE
• PRIVATE ENTRANCE
• FULL BATH
• KITCHENETTE
• BRAND-NEW ROOF
• TRANSFERABLE WARRANTY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $385k.

Deal economics

• At list price, monthly cash flow is $-384 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $317k (17.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (37.5% below list).
• Recommended offer: $241k (37.5% below list) — sets the bar for 1% rule.
• Cap rate 5.1% vs local median 3.8% in Lawrenceville — 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 85/100 on livability (#3 in GA, #473 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: schools C-, crime C-, employment D+.
• Gwinnett County (suburban): math 39% / reading 43% proficiency, ranked #32 of 174 in GA (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-1.8%/yr); 593 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,607 units permitted in Gwinnett County in 2024 (1,277 in 5+ unit buildings).
• This rent runs 31% 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 $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Gwinnett County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($362k) is reasonable based on typical stale-listing flexibility.
• 5 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 $204k; list at $385k implies a 89% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $240,633 (37.5% below list)

Questions for the listing agent

1. 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?
2. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
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. 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?
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: 0.63% ✗
• Cap rate: 5.09%
• Cash-on-cash: -4.28%
• DSCR: 0.81
• GRM: 13.3

CMA / ARV

• ARV (median comp): $465,933
• List price: $385,000
• Delta: -17.37%
• 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
2017 Alderbrooke Ct	0.24mi	3/2.5	2,550 (+3%)	4mo	$470,000	$184	78
1677 Branch Creek Cv	0.49mi	4/2.5 (+1)	2,492 (+1%)	2mo	$405,000	$163	68
1701 Hillside Bend Xing	0.69mi	3/2.5	2,504 (+1%)	2mo	$400,000	$160	62
1147 Oakhurst Trl	0.57mi	4/3.0 (+1)	2,501 (+1%)	2mo	$449,000	$180	61
3112 Blackstone Run	0.63mi	4/3.0 (+1)	2,449 (-1%)	2mo	$549,000	$224	58
3034 Brookgreen Trl	0.53mi	4/2.5 (+1)	2,588 (+4%)	4mo	$432,000	$167	57
2048 Kelvin Dr	0.26mi	4/3.0 (+1)	2,744 (+11%)	5mo	$410,000	$149	57
1862 Hillside Bend Xing	0.69mi	4/3.0 (+1)	2,556 (+3%)	1mo	$421,000	$165	52
1041 Stonekirk Trce	0.70mi	4/2.5 (+1)	2,613 (+5%)	2mo	$475,000	$182	50
1797 Kelvin Dr	0.59mi	3/2.0	2,145 (-13%)	5mo	$350,000	$163	46
739 Teal Ct	0.66mi	4/2.5 (+1)	2,276 (-8%)	4mo	$360,000	$158	45
769 Oak Moss Dr	0.74mi	3/2.5	2,112 (-15%)	3mo	$375,000	$178	36

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -26.4%
• Equity multiple: 0.13×
• Total profit: $-94,118
• Equity at exit: $57,405

10-year hold

• IRR: -35.0%
• Equity multiple: -0.31×
• Total profit: $-141,527
• Equity at exit: $33,288

Cash invested: $107,800 (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 30043

• Home prices YoY: -34.9%
• Rents YoY: -1.8%
• Active inventory: 593
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $2,406 high
• Mortgage (P&I): −$2,019
• Tax from tax record: −$106 /mo · $1,272/yr
• Insurance: −$160
• HOA: −$0
• Vacancy / Maint / Mgmt: −$505
• Net cashflow: $-384

Break-even live

Break-even rent $2,893

Max offer price $317,088

Occupancy floor —

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: $96,250
• Closing costs: $11,550
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2030 Underwood Dr Lawrenceville, GA	3.0	2.5	1855	$2,450	$1.32	44d	1	0.13mi
2032 Underwood Dr Lawrenceville, GA	3.0	3.0	1850	$2,400	$1.30	44d	1	0.20mi
2042 Underwood Dr Lawrenceville, GA	3.0	2.5	1936	$2,300	$1.19	21d	1	0.21mi
1803 Copelyn Reese Ct Lawrenceville, GA	3.0	2.5	1855	$2,300	$1.24	2d	1	0.23mi
1905 Westwind St Lawrenceville, GA	3.0	2.5	1936	$2,400	$1.24	44d	1	0.25mi
1931 Westwind St Lawrenceville, GA	3.0	2.5	1855	$2,400	$1.29	19d	1	0.30mi
1987 Kelvin Dr Lawrenceville, GA	3.0	2.0	2166	$2,245	$1.04	3d	1	0.35mi
1030 Sutherland Ln Lawrenceville, GA	3.0	2.5	1800	$2,400	$1.33	5d	1	0.37mi
802 Pinder Point Ct Lawrenceville, GA	4.0	2.5	2406	$2,725	$1.13	5d	1	0.57mi
1531 Park Knoll Trl Lawrenceville, GA	4.0	3.0	3038	$2,600	$0.86	19d	1	0.59mi
910 Thousand Oaks Dr Lawrenceville, GA	3.0	2.0	2078	$2,200	$1.06	44d	1	0.68mi
1298 Mabry St Lawrenceville, GA	3.0–4.0	2.0–2.5	1610	$2,212	$1.37	1d	23	0.73mi
679 Lansing Grove Way Lawrenceville, GA	3.0	2.5	2109	$2,250	$1.07	5d	1	0.86mi
728 Sayers Ct Lawrenceville, GA	3.0	3.5	2000	$2,549	$1.27	13d	1	0.91mi
1817 Oberlin Dr Lawrenceville, GA	3.0	3.5	2000	$2,499	$1.25	44d	1	0.93mi
616 Wynard Pl Lawrenceville, GA	3.0	3.5	2170	$2,499	$1.15	44d	1	0.95mi
1515 Brantin Dr Lawrenceville, GA	3.0	3.5	2000	$2,599	$1.30	13d	1	0.97mi
563 Russell Rd Lawrenceville, GA	3.0	3.5	2000	$2,599	$1.30	2d	9	1.00mi
1455 Stoney Field Pl Lawrenceville, GA	4.0	2.5	2795	$2,749	$0.98	24d	1	1.06mi
1259 Old Peachtree Rd Lawrenceville, GA	3.0	1.0	1748	$1,699	$0.97	17d	1	1.13mi
1821 Bridle Rd Lawrenceville, GA	3.0	2.0	2402	$2,500	$1.04	44d	1	1.21mi
2821 Beacon Bend Xing Lawrenceville, GA	3.0	3.5	2000	$2,350	$1.18	44d	1	1.21mi
1460 Barclay Dr Lawrenceville, GA	4.0	3.0	1762	$2,250	$1.28	44d	1	1.22mi
2828 Beacon Bend Xing Lawrenceville, GA	3.0	3.5	2008	$2,450	$1.22	3d	1	1.22mi
2830 Beacon Bend Xing Lawrenceville, GA	3.0	3.5	2008	$2,500	$1.25	3d	1	1.22mi
2630 Whistler Way NE Lawrenceville, GA	3.0	2.5	2500	$2,525	$1.01	5d	1	1.27mi
2620 Whistler Way NE Lawrenceville, GA	4.0	3.5	2470	$2,450	$0.99	44d	1	1.28mi
740 Cedar Farms Dr Lawrenceville, GA	3.0	2.5	1751	$1,979	$1.13	44d	1	1.35mi
2520 Whistler Way NE Lawrenceville, GA	4.0	3.5	2415	$2,500	$1.04	44d	1	1.36mi
1134 Nathan Mauldin Dr Lawrenceville, GA	4.0	2.5	2270	$2,600	$1.15	13d	1	1.36mi
999 Braselton Hwy Lawrenceville, GA	4.0	2.0	2355	$2,850	$1.21	17d	1	1.41mi
999 Braselton Hwy Lawrenceville, GA	4.0	2.0	2355	$2,850	$1.21	24d	1	1.41mi

Listing history 26 events

1. 2026-06-18
   days on market $385,000 Active 74 DOM
2. 2026-06-17
   days on market $385,000 Active 73 DOM
3. 2026-06-16
   days on market $385,000 Active 72 DOM
4. 2026-06-15
   days on market $385,000 Active 71 DOM
5. 2026-06-13
   days on market $385,000 Active 69 DOM
6. 2026-06-09
   days on market $385,000 Active 65 DOM
7. 2026-06-08
   days on market $385,000 Active 64 DOM
8. 2026-06-07
   days on market $385,000 Active 63 DOM
9. 2026-06-04
   days on market $385,000 Active 60 DOM
10. 2026-06-03
    days on market $385,000 Active 59 DOM
11. 2026-06-02
    days on market $385,000 Active 58 DOM
12. 2026-06-01
    days on market $385,000 Active 57 DOM
13. 2026-05-31
    days on market $385,000 Active 56 DOM
14. 2026-05-19
    price $385,000 1022-char remark

    Show marketing remark (1022 chars)

    Price Improved!!! This beautiful 4-bedroom, 3-bath ranch home perfectly nestled on a quiet cul-de-sac in one of Georgia's top-rated school districts. Designed with comfort and functionality in mind, this move-in-ready residence offers an ideal layout for families or multigenerational living. Step inside to discover open-concept living areas filled with abundant natural light, creating a warm and inviting atmosphere for everyday living and entertaining. The basement in-law suite, complete with a private entrance, full bath, and kitchenette, provides flexibility for guests, extended family, or potential rental income. Enjoy peace of mind with a brand-new roof featuring a transferable warranty, ensuring years of worry-free ownership. The home sits on a spacious 1/2-acre lot, offering endless possibilities for outdoor entertaining, gardening, or future expansion. Every detail has been thoughtfully renovated to deliver a move-in-ready experience-unpack and start living your next chapter in this exceptional home.

15. 2026-04-03
    listed $395,000 New 1022-char remark

    Show marketing remark (994 chars)

    Beautifully updated 4-bedroom, 3-bath home perfectly nestled on a quiet cul-de-sac in one of Georgia's top-rated school districts. Designed with comfort and functionality in mind, this move-in-ready residence offers an ideal layout for families or multigenerational living. Step inside to discover open-concept living areas filled with abundant natural light, creating a warm and inviting atmosphere for everyday living and entertaining. The in-law suite, complete with a private entrance, full bath, and kitchenette, provides flexibility for guests, extended family, or potential rental income. Enjoy peace of mind with a brand-new roof featuring a transferable warranty, ensuring years of worry-free ownership. The home sits on a spacious 1/2-acre lot, offering endless possibilities for outdoor entertaining, gardening, or future expansion. Every detail has been thoughtfully renovated to deliver a move-in-ready experience-unpack and start living your next chapter in this exceptional home.

16. 2026-04-03
    listed $395,000 Active 994-char remark

    Show marketing remark (994 chars)

    Beautifully updated 4-bedroom, 3-bath home perfectly nestled on a quiet cul-de-sac in one of Georgia's top-rated school districts. Designed with comfort and functionality in mind, this move-in-ready residence offers an ideal layout for families or multigenerational living. Step inside to discover open-concept living areas filled with abundant natural light, creating a warm and inviting atmosphere for everyday living and entertaining. The in-law suite, complete with a private entrance, full bath, and kitchenette, provides flexibility for guests, extended family, or potential rental income. Enjoy peace of mind with a brand-new roof featuring a transferable warranty, ensuring years of worry-free ownership. The home sits on a spacious 1/2-acre lot, offering endless possibilities for outdoor entertaining, gardening, or future expansion. Every detail has been thoughtfully renovated to deliver a move-in-ready experience-unpack and start living your next chapter in this exceptional home.

17. 2026-02-24
    historical
18. 2026-02-24
    historical
19. 2025-11-14
    listed $395,000 New
20. 2025-10-28
    listed $395,000 Active
21. 2023-08-02
    historical On Hold
22. 2023-05-25
    listed $375,000 New
23. 2018-11-30
    soldstatus $204,000
24. 2003-09-10
    soldstatus $135,000
25. 2001-06-05
    soldstatus $129,000
26. 1984-11-19
    soldstatus $69,900

ⓘ 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: $1,272 · $106/mo
• Projected year-2 tax: $3,542 · $295/mo
• Expected delta: +$2,270/yr (+$189/mo · 178.4%)

ⓘ 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 ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,876
• − Mortgage interest: −$21,566
• − Property taxes: −$1,272
• − Insurance: −$1,925
• − Repairs & maintenance: −$2,310
• − Management: −$2,310
• − Depreciation: −$11,200
• Taxable loss: −$11,708
• Est. tax savings @ 24.0%: +$2,810
• After-tax cash flow: $-1,803/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: Gwinnett County
• NCES district ID: 1302550
• Math proficiency: 39% ▼ -15.00%
• Reading proficiency: 43% ▼ -10.00%
• Median HH income: $62,416
• Composite: 36.5/100
• National rank: #4648
• State rank: #32 of 174 in GA

Livability — Lawrenceville

• Score: 85/100
• State rank: #3
• US rank: #473

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Gwinnett County · 952,346 people
• City population: 276,247
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 87,929
• Household income: $94,096
• Rent vs Own: 32.5% rent · 67.5% own
• Severe rent burden: 3172.0

Population outlook (Gwinnett County) Hauer SSP2

• Today (2025): 1,106,028 people
• By 2030: 1,211,414 · +9.5%
• By 2040: 1,422,277 · +28.6%
• By 2050: 1,623,204 · +46.8%
• By 2075: 2,105,240 · +90.3%
• By 2100: 2,443,321 · +120.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.76)
• Race & ethnicity: White 33% Black 24% Hispanic / Latino 22% Asian 16% Two or more races 14%
• Hispanic origin (detail): Mexican 7% Puerto Rican 2%
• Common ancestry: Romanian 2% Italian 1% Slovak 1%
• Foreign-born: 28% · Canada, South Korea, Jamaica
• Languages at home: 63% English-only · Spanish 19% Other Indo-European 5% Korean 3%

Political lean MEDSL · Gwinnett

• 2024 margin: D (+16.5) · D 57.6% · R 41.1% · Other 1.2%
• 2008→2024 swing: +26.8pp toward D · 2008: -10.2pp · 2024: 16.5pp
• All cycles: 2024: D+16.5 2020: D+18.3 2016: D+5.8 2012: R+9.4 2008: R+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -128.80%
• Current HPI: 240.231
• 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
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+450.8% since first listed

13 events — show timeline

• 2026-05-19 Price Changed $385,000 GAMLS
• 2026-04-03 Listed $395,000 FMLS
• 2026-04-03 Listed $395,000 GAMLS
• 2026-02-24 Listing Removed — GAMLS
• 2026-02-24 Listing Removed — FMLS
• 2025-11-14 Listed $395,000 GAMLS
• 2025-10-28 Listed $395,000 FMLS
• 2023-08-02 Delisted — GAMLS
• 2023-05-25 Listed $375,000 GAMLS
• 2018-11-30 Sold (Public Records) $204,000 Public Records
• 2003-09-10 Sold (Public Records) $135,000 Public Records
• 2001-06-05 Sold (Public Records) $129,000 Public Records
• 1984-11-19 Sold (Public Records) $69,900 Public Records

Property tax history

-3.1%/yr

Latest (2025): $1,272 · +0.1% YoY. Source: county tax records.