119 Ingleside Dr · Jonesboro, GA 30236

$125,000

3 bd · 1.0 ba · 1,280 sqft · SingleFamily public records · 155 Days on market

Built 1960 0.36 ac lot $98/sqft · 32% below area Est $183k · 32% under

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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 +28.2/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• Livability +3.6/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 119 Ingleside Drive, where comfort and convenience come together in the heart of Jonesboro. This four-sided brick ranch offers 3 bedrooms, 1 bathroom, plus a bonus room, providing flexible space to fit a variety of needs. The owner's suite is conveniently located on the main level, and the home's thoughtful layout supports many lifestyles-from first-time buyers to those looking to downsize or invest. Set in a peaceful established neighborhood with lake views, the property features a generous fenced yard with plenty of room for outdoor living, gardening, pets, or future personalization-ready for you to make it your own. Located near shopping, dining, schools, and major roadways, this home provides easy access to everything Jonesboro has to offer, including Restaurant Row, Lee Street Park, local arts venues, Spivey Hall, and more. Whether you're searching for a place to call home or a smart addition to your investment portfolio, 119 Ingleside Drive is full of potential and ready for its next chapter. Property is tenant occupied and being sold as-is. No showings allowed at this time.

Key facts

• Fenced yard
• Lake setting
• Bonus room

Tags

• FOUR SIDED BRICK RANCH
• BONUS ROOM
• FENCED YARD
• LAKE SETTING
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING

🏷️ Possibly a rental listed for sale. The $125,000 price doesn't fit this home's estimated sale value (~$183,160) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.1% vs local median 5.0% in Jonesboro — 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 72/100 on livability (#63 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-; Watch: crime C-, employment D, schools 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 (+2.1%/yr); 275 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
• This rent runs 30% of the median local income ($67k/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 $864 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 2.1% rent growth), your $35k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 155 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $65k; list at $125k implies a 92% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% 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 $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 155 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — 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: 1.35% ✓
• Cap rate: 10.12%
• Cash-on-cash: 13.65%
• DSCR: 1.61
• GRM: 6.2

CMA / ARV

• ARV (median comp): $183,160
• List price: $125,000
• Delta: -31.75%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
126 Ingleside Dr	0.05mi	3/1.5	1,190 (-7%)	1mo	$181,000	$152	83
129 E Mimosa Dr	0.09mi	3/1.0	1,100 (-14%)	3mo	$145,000	$132	70
1140 Highway 138 SW	0.65mi	3/2.0	1,260 (-2%)	5mo	$138,000	$110	59
248 N Lake Dr	0.10mi	4/2.0 (+1)	1,420 (+11%)	12mo	$215,000	$151	58
126 E Mimosa Dr	0.11mi	3/2.0	1,100 (-14%)	12mo	$163,000	$148	58
1130 Highway 138 SW	0.66mi	3/2.0	1,280 (0%)	10mo	$52,500	$41	56
8201 Sunnydale Ln	0.35mi	3/2.0	1,384 (+8%)	16mo	$212,000	$153	53
1209 Duncan Rd	0.75mi	3/2.0	1,300 (+2%)	16mo	$236,000	$182	45
108 Pine Cir	0.57mi	3/2.0	1,405 (+10%)	22mo	$265,000	$189	34
108 Spring St	0.62mi	4/3.0 (+1)	1,429 (+12%)	11mo	$150,000	$105	30
1010 5th Ave	0.70mi	3/2.0	1,423 (+11%)	21mo	$185,000	$130	27

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 · 2.15% rent growth · sell at horizon

5-year hold

• IRR: 2.8%
• Equity multiple: 1.11×
• Total profit: $3,745
• Equity at exit: $18,638

10-year hold

• IRR: 11.5%
• Equity multiple: 1.87×
• Total profit: $30,433
• Equity at exit: $10,808

Cash invested: $35,000 (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 30236

• Rents YoY: 2.1%
• Active inventory: 275
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,683 high
• Mortgage (P&I): −$656
• Tax from tax record: −$224 /mo · $2,683/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$353
• Net cashflow: $398

Break-even live

Break-even rent $1,179

Max offer price $125,000

Occupancy floor 71%

Sensitivity live

Price	-10% $469	-5% $434	+0% $398	+5% $363	+10% $327
Rent	-10% $265	-5% $332	+0% $398	+5% $465	+10% $531
Rate	-1.0pp $461	-0.5pp $430	base $398	+0.5pp $366	+1.0pp $333

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
232 N Lake Dr Jonesboro, GA	3.0	1.5	1133	$1,595	$1.41	3d	1	0.09mi
112 Burkshire Ct Unit A Jonesboro, GA	2.0	1.0	877	$1,095	$1.25	45d	1	0.16mi
218 Wallis St Jonesboro, GA	3.0	2.0	1464	$1,545	$1.06	25d	1	0.27mi
8261 Sunnydale Ln Jonesboro, GA	3.0	2.5	1572	$1,995	$1.27	5d	1	0.42mi
109 North Ave Jonesboro, GA	1.0–2.0	1.0	881	$1,495	$1.70	2d	3	0.46mi
249 Wayne Ave Jonesboro, GA	3.0	1.0	1117	$1,395	$1.25	45d	1	0.55mi
8422 Carlington Ln Jonesboro, GA	3.0	2.5	1529	$1,545	$1.01	0d	1	0.59mi
8422 Carlington Ln Jonesboro, GA	3.0	2.5	1529	$1,545	$1.01	16d	1	0.59mi
7830 N McDonough St Jonesboro, GA	2.0	1.0	1000	$1,350	$1.35	45d	1	0.62mi
7830 N McDonough St Unit A4 Jonesboro, GA	2.0	1.0	1000	$1,550	$1.55	45d	1	0.62mi
267 Wayne Ave Jonesboro, GA	4.0	2.0	1012	$2,300	$2.27	45d	1	0.65mi
976 5th Ave Jonesboro, GA	3.0	2.0	1496	$2,000	$1.34	6d	1	0.73mi
407 Fayetteville Rd Jonesboro, GA	2.0	1.0	896	$1,375	$1.53	25d	1	0.78mi
8392 San Jose Trl Jonesboro, GA	3.0	3.0	1801	$1,785	$0.99	6d	1	0.84mi
7878 N Main St Jonesboro, GA	2.0	1.0	950	$962	$1.01	3d	5	0.98mi
790 Dixon Rd Jonesboro, GA	2.0	1.0–1.5	900	$1,274	$1.42	6d	5	1.04mi
1137 Gable Ter Jonesboro, GA	4.0	2.5	1116	$1,955	$1.75	25d	1	1.04mi
1240 Ohara Dr Jonesboro, GA	3.0–4.0	2.5	1843	$2,325	$1.26	23d	6	1.05mi
179 Church St Jonesboro, GA	4.0	2.0	1226	$2,095	$1.71	0d	1	1.09mi
933 Ohara Dr Jonesboro, GA	2.0	2.0	1464	$2,700	$1.84	45d	1	1.11mi
7620 Tara Rd Jonesboro, GA	2.0	1.5	1200	$1,250	$1.04	25d	1	1.14mi
858 Ohara Dr Jonesboro, GA	2.0	2.0	1001	$1,500	$1.50	45d	1	1.15mi
703 Hynds Springs Dr Jonesboro, GA	3.0	2.0	1360	$1,795	$1.32	0d	1	1.18mi
777 Jeb Stuart Dr Jonesboro, GA	3.0	2.0	1040	$1,700	$1.63	45d	1	1.21mi
7545 Tara Rd Jonesboro, GA	1.0–3.0	1.0–2.0	1032	$1,698	$1.65	0d	22	1.22mi
7847 Sugarland Dr Jonesboro, GA	3.0	2.0	1430	$1,750	$1.22	18d	1	1.27mi
8337 Holly Dr Jonesboro, GA	4.0	1.5	1701	$1,950	$1.15	5d	1	1.27mi
305 Mercer Dr Jonesboro, GA	3.0	1.5	1176	$2,041	$1.74	0d	1	1.29mi
8691 Twin Oaks Dr Jonesboro, GA	3.0	2.0	1752	$1,790	$1.02	20d	1	1.30mi
8212 Lullwater Ct Jonesboro, GA	4.0	2.5	1772	$2,200	$1.24	45d	1	1.34mi
8212 Lullwater Ct Jonesboro, GA	3.0	2.5	1772	$2,200	$1.24	25d	1	1.34mi
1 Magnolia Cir Jonesboro, GA	1.0–3.0	1.0–2.0	925	$1,621	$1.75	0d	14	1.37mi
631 Sycamore Dr Jonesboro, GA	3.0	2.0	1568	$1,955	$1.25	3d	1	1.37mi
8141 Hynds Springs Ln Jonesboro, GA	3.0	2.0	1360	$1,715	$1.26	45d	1	1.42mi
673 Jeb Stuart Dr Jonesboro, GA	3.0	2.0	1454	$1,800	$1.24	6d	1	1.44mi
673 Jeb Stuart Dr Jonesboro, GA	3.0	2.0	1455	$1,850	$1.27	45d	1	1.44mi
657 Robert E Lee Pkwy Jonesboro, GA	4.0	2.0	962	$1,680	$1.75	0d	1	1.44mi
568 Dixon Rd Jonesboro, GA	3.0	2.0	1400	$1,966	$1.40	0d	1	1.44mi
260 Commons Dr Jonesboro, GA	3.0	2.5	1410	$1,750	$1.24	4d	1	1.49mi

Listing history 20 events

1. 2026-06-21
   days on market $125,000 Active 155 DOM
2. 2026-06-18
   days on market $125,000 Active 152 DOM
3. 2026-06-17
   days on market $125,000 Active 151 DOM
4. 2026-06-16
   days on market $125,000 Active 150 DOM
5. 2026-06-15
   days on market $125,000 Active 149 DOM
6. 2026-06-13
   days on market $125,000 Active 147 DOM
7. 2026-06-09
   days on market $125,000 Active 143 DOM
8. 2026-06-08
   days on market $125,000 Active 142 DOM
9. 2026-06-07
   days on market $125,000 Active 141 DOM
10. 2026-06-04
    days on market $125,000 Active 138 DOM
11. 2026-06-03
    days on market $125,000 Active 137 DOM
12. 2026-06-02
    days on market $125,000 Active 136 DOM
13. 2026-06-01
    days on market $125,000 Active 135 DOM
14. 2026-05-31
    days on market $125,000 Active 134 DOM
15. 2026-04-28
    price $125,000 1109-char remark

    Show marketing remark (1109 chars)

    Welcome to 119 Ingleside Drive, where comfort and convenience come together in the heart of Jonesboro. This four-sided brick ranch offers 3 bedrooms, 1 bathroom, plus a bonus room, providing flexible space to fit a variety of needs. The owner's suite is conveniently located on the main level, and the home's thoughtful layout supports many lifestyles-from first-time buyers to those looking to downsize or invest. Set in a peaceful established neighborhood with lake views, the property features a generous fenced yard with plenty of room for outdoor living, gardening, pets, or future personalization-ready for you to make it your own. Located near shopping, dining, schools, and major roadways, this home provides easy access to everything Jonesboro has to offer, including Restaurant Row, Lee Street Park, local arts venues, Spivey Hall, and more. Whether you're searching for a place to call home or a smart addition to your investment portfolio, 119 Ingleside Drive is full of potential and ready for its next chapter. Property is tenant occupied and being sold as-is. No showings allowed at this time.

16. 2026-03-12
    price $130,000 1109-char remark

    Show marketing remark (1109 chars)

    Welcome to 119 Ingleside Drive, where comfort and convenience come together in the heart of Jonesboro. This four-sided brick ranch offers 3 bedrooms, 1 bathroom, plus a bonus room, providing flexible space to fit a variety of needs. The owner's suite is conveniently located on the main level, and the home's thoughtful layout supports many lifestyles-from first-time buyers to those looking to downsize or invest. Set in a peaceful established neighborhood with lake views, the property features a generous fenced yard with plenty of room for outdoor living, gardening, pets, or future personalization-ready for you to make it your own. Located near shopping, dining, schools, and major roadways, this home provides easy access to everything Jonesboro has to offer, including Restaurant Row, Lee Street Park, local arts venues, Spivey Hall, and more. Whether you're searching for a place to call home or a smart addition to your investment portfolio, 119 Ingleside Drive is full of potential and ready for its next chapter. Property is tenant occupied and being sold as-is. No showings allowed at this time.

17. 2026-01-17
    listed $159,000 New 1109-char remark

    Show marketing remark (1109 chars)

    Welcome to 119 Ingleside Drive, where comfort and convenience come together in the heart of Jonesboro. This four-sided brick ranch offers 3 bedrooms, 1 bathroom, plus a bonus room, providing flexible space to fit a variety of needs. The owner's suite is conveniently located on the main level, and the home's thoughtful layout supports many lifestyles-from first-time buyers to those looking to downsize or invest. Set in a peaceful established neighborhood with lake views, the property features a generous fenced yard with plenty of room for outdoor living, gardening, pets, or future personalization-ready for you to make it your own. Located near shopping, dining, schools, and major roadways, this home provides easy access to everything Jonesboro has to offer, including Restaurant Row, Lee Street Park, local arts venues, Spivey Hall, and more. Whether you're searching for a place to call home or a smart addition to your investment portfolio, 119 Ingleside Drive is full of potential and ready for its next chapter. Property is tenant occupied and being sold as-is. No showings allowed at this time.

18. 2010-01-29
    price $24,000 Reduced
19. 2010-01-01
    price $27,000 Reduced
20. 1999-06-29
    soldstatus $65,000

ⓘ 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: $2,683 · $224/mo
• Projected year-2 tax: $2,683 · $224/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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 17 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: $20,193
• − Mortgage interest: −$7,002
• − Property taxes: −$2,683
• − Insurance: −$625
• − Repairs & maintenance: −$1,615
• − Management: −$1,615
• − Depreciation: −$3,636
• Taxable income: $3,016
• Est. tax owed @ 24.0%: −$724
• After-tax cash flow: $4,055/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 — Jonesboro

• Score: 72/100
• State rank: #63
• US rank: #6030

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jonesboro, GA
• County: Clayton County · 230,153 people
• City population: 93,280
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 50,089
• Household income: $66,973
• Rent vs Own: 40.8% rent · 59.2% own
• Severe rent burden: 2024.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 64% White 14% Hispanic / Latino 11% Two or more races 8% Asian 5%
• Hispanic origin (detail): Mexican 6% Puerto Rican 1%
• Common ancestry: Slovak 1% Italian 1% Hispanic 1%
• Foreign-born: 13% · Canada, Vietnam, China
• Languages at home: 81% English-only · Spanish 10% Vietnamese 3% French/Haitian/Cajun 2%

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: ▼ -137.02%
• Current HPI: 204.1778
• Rent YoY: ▲ 2.15%
• 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

+92.3% since first listed

6 events — show timeline

• 2026-04-28 Price Changed $125,000 GAMLS
• 2026-03-12 Price Changed $130,000 GAMLS
• 2026-01-17 Listed $159,000 GAMLS
• 2010-01-29 Price Changed $24,000 GAMLS
• 2010-01-01 Price Changed $27,000 GAMLS
• 1999-06-29 Sold (Public Records) $65,000 Public Records

Property tax history

+9.8%/yr

Latest (2025): $2,683 · +38.9% YoY. Source: county tax records.