189 Leinbach Rd · Rossville, GA 30741

$175,000

3 bd · 2.5 ba · 2,716 sqft · SingleFamily public records

Built 1974 1.43 ac lot

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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 +22.5/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.8/10.0
• Rent growth +4.4/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled in Missionary Ridge, the breathtaking sunsets, colorful skylines, and beautiful vistas of the surrounding mountains can be enjoyed all year around from 3 rear decks and from all 3 levels of this brick home! An additional deck detached with a firepit was recently added. Home include two living areas featuring brick fireplaces & hand crafted mantels. The well-crafted foyer sets the stage for a living area rich in natural light, which finds its way through an oversized bay window overlooking the ridge. Tasty meals and daily tasks will be seamless amidst abundant counter space, generous cabinetry storage, shelved pantry, and lots of natural lighting coming from a window right above the double kitchen sink. A newer French door refrigerator and dishwasher are included, along with a built-in oven and electric cooktop. An adjacent breakfast nook with custom cabinetry and bay windows, overlooking the ridge, is just the place for your first meal of the day. A convenient half bath for your guests, and one of three rear decks can be accessed from this main level. Upstairs, an oversized master suite offers one of the BEST VIEWS in the home! Step out onto a wraparound deck facing the ridge. There is space to spare in this master suite, offering a sitting area, plenty of space for a king size bed, and even a computer loft. There is also an Ensuite full bath with a stand-up shower, built in tub, and ceramic tile flooring, along with a large closet. Two spacious guest bedrooms opposite from the master, a full bath with tile flooring, and additional access to the wraparound rear deck, add the final touch to this wonderful second story. A finished basement offers a truly remarkable secondary living space, man-cave, play room, or guest area. Enjoy a gas log fireplace with hand crafted wooden mantel, brick surround from floor to ceiling, and built in shelving on both sides. The largest and most accommodating rear deck in the home can be accessed from this lower level. The oversized deck frames the perfect place to enjoy exciting views in every season, from a built-in bench that cantilevers over the ridge. You will be just minutes from the Chickamauga Battlefield, I-24, I-27, and all Downtown Chattanooga has to offer! Call TODAY for your private viewing.

Key facts

• 1.43 acre lot
• 2 garage spots
• Built 1974

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $295 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Cap rate 8.3% vs local median 5.3% in Rossville — 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 56/100 on livability (#484 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-, crime B+; Watch: amenities F, commute F, employment D-.
• Walker County (rural): math 25% / reading 29% proficiency, ranked #114 of 174 in GA (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Rossville Elementary School (math 22% / reading 17%, grade F, #878 of 1,228 statewide, top 75%, 416 students, 91% FRL); Rossville Middle School (math 13% / reading 25%, grade F, #368 of 470 statewide, top 79%, 444 students, 81% FRL); Ridgeland High School (math 23% / reading 19%, grade F, #225 of 424 statewide, top 54%, 1,244 students, 70% FRL) — zoned schools average 81% FRL vs 61% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+7.4%/yr); 425 active listings in the ZIP; 4 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; 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).
• This rent runs 39% of the median local income ($59k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 7.4% rent growth), your $49k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 27y ago; this cycle's ask has dropped $120k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,000

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 8.31%
• Cash-on-cash: 7.21%
• DSCR: 1.32
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $412,832
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16 Fox Chase St	0.07mi	3/2.0	2,613 (-4%)	12mo	$250,000	$96	78
180 S Mission Ridge Dr	0.09mi	3/3.0	2,624 (-3%)	13mo	$406,000	$155	77
304 S Mission Ridge Dr	0.42mi	3/2.5	2,813 (+4%)	12mo	$330,000	$117	65
168 S Mission Ridge Dr	0.21mi	3/3.0	2,571 (-5%)	20mo	$389,900	$152	63
212 Jomah Dr	0.67mi	3/2.5	2,547 (-6%)	14mo	$331,000	$130	47
329 S Mission Ridge Dr	0.73mi	3/3.0	2,412 (-11%)	18mo	$433,000	$180	30

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 · 7.44% rent growth · sell at horizon

5-year hold

• IRR: -0.4%
• Equity multiple: 0.99×
• Total profit: $-708
• Equity at exit: $26,093

10-year hold

• IRR: 13.5%
• Equity multiple: 2.30×
• Total profit: $63,502
• Equity at exit: $15,131

Cash invested: $49,000 (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 30741

• Home prices YoY: -30.7%
• Rents YoY: 7.4%
• Active inventory: 425
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,898 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$214 /mo · $2,574/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $295

Break-even live

Break-even rent $1,525

Max offer price $175,000

Occupancy floor 79%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
135 Hogan Rd Rossville, GA	3.0	2.5	1839	$1,975	$1.07	43d	1	0.23mi
1812 John Ross Rd Chattanooga, TN	3.0	2.0	1926	$1,895	$0.98	23d	1	1.07mi
65 Nason St Rossville, GA	3.0	2.0	1876	$1,895	$1.01	23d	1	1.24mi
65 Nason St Rossville, GA	3.0	2.0	1876	$1,995	$1.06	43d	1	1.24mi

Listing history 10 events

1. 2023-10-10
   soldstatus $300,000
2. 2023-10-06
   soldstatus $300,000 Closed 2286-char remark

   Show marketing remark (2286 chars)

   Nestled in Missionary Ridge, the breathtaking sunsets, colorful skylines, and beautiful vistas of the surrounding mountains can be enjoyed all year around from 3 rear decks and from all 3 levels of this brick home! An additional deck detached with a firepit was recently added. Home include two living areas featuring brick fireplaces & hand crafted mantels. The well-crafted foyer sets the stage for a living area rich in natural light, which finds its way through an oversized bay window overlooking the ridge. Tasty meals and daily tasks will be seamless amidst abundant counter space, generous cabinetry storage, shelved pantry, and lots of natural lighting coming from a window right above the double kitchen sink. A newer French door refrigerator and dishwasher are included, along with a built-in oven and electric cooktop. An adjacent breakfast nook with custom cabinetry and bay windows, overlooking the ridge, is just the place for your first meal of the day. A convenient half bath for your guests, and one of three rear decks can be accessed from this main level. Upstairs, an oversized master suite offers one of the BEST VIEWS in the home! Step out onto a wraparound deck facing the ridge. There is space to spare in this master suite, offering a sitting area, plenty of space for a king size bed, and even a computer loft. There is also an Ensuite full bath with a stand-up shower, built in tub, and ceramic tile flooring, along with a large closet. Two spacious guest bedrooms opposite from the master, a full bath with tile flooring, and additional access to the wraparound rear deck, add the final touch to this wonderful second story. A finished basement offers a truly remarkable secondary living space, man-cave, play room, or guest area. Enjoy a gas log fireplace with hand crafted wooden mantel, brick surround from floor to ceiling, and built in shelving on both sides. The largest and most accommodating rear deck in the home can be accessed from this lower level. The oversized deck frames the perfect place to enjoy exciting views in every season, from a built-in bench that cantilevers over the ridge. You will be just minutes from the Chickamauga Battlefield, I-24, I-27, and all Downtown Chattanooga has to offer! Call TODAY for your private viewing.

3. 2023-09-11
   historical Contingent 2286-char remark

   Show marketing remark (2286 chars)

   Nestled in Missionary Ridge, the breathtaking sunsets, colorful skylines, and beautiful vistas of the surrounding mountains can be enjoyed all year around from 3 rear decks and from all 3 levels of this brick home! An additional deck detached with a firepit was recently added. Home include two living areas featuring brick fireplaces & hand crafted mantels. The well-crafted foyer sets the stage for a living area rich in natural light, which finds its way through an oversized bay window overlooking the ridge. Tasty meals and daily tasks will be seamless amidst abundant counter space, generous cabinetry storage, shelved pantry, and lots of natural lighting coming from a window right above the double kitchen sink. A newer French door refrigerator and dishwasher are included, along with a built-in oven and electric cooktop. An adjacent breakfast nook with custom cabinetry and bay windows, overlooking the ridge, is just the place for your first meal of the day. A convenient half bath for your guests, and one of three rear decks can be accessed from this main level. Upstairs, an oversized master suite offers one of the BEST VIEWS in the home! Step out onto a wraparound deck facing the ridge. There is space to spare in this master suite, offering a sitting area, plenty of space for a king size bed, and even a computer loft. There is also an Ensuite full bath with a stand-up shower, built in tub, and ceramic tile flooring, along with a large closet. Two spacious guest bedrooms opposite from the master, a full bath with tile flooring, and additional access to the wraparound rear deck, add the final touch to this wonderful second story. A finished basement offers a truly remarkable secondary living space, man-cave, play room, or guest area. Enjoy a gas log fireplace with hand crafted wooden mantel, brick surround from floor to ceiling, and built in shelving on both sides. The largest and most accommodating rear deck in the home can be accessed from this lower level. The oversized deck frames the perfect place to enjoy exciting views in every season, from a built-in bench that cantilevers over the ridge. You will be just minutes from the Chickamauga Battlefield, I-24, I-27, and all Downtown Chattanooga has to offer! Call TODAY for your private viewing.

4. 2023-09-07
   listed $295,000 Active 2286-char remark

   Show marketing remark (2286 chars)

   Nestled in Missionary Ridge, the breathtaking sunsets, colorful skylines, and beautiful vistas of the surrounding mountains can be enjoyed all year around from 3 rear decks and from all 3 levels of this brick home! An additional deck detached with a firepit was recently added. Home include two living areas featuring brick fireplaces & hand crafted mantels. The well-crafted foyer sets the stage for a living area rich in natural light, which finds its way through an oversized bay window overlooking the ridge. Tasty meals and daily tasks will be seamless amidst abundant counter space, generous cabinetry storage, shelved pantry, and lots of natural lighting coming from a window right above the double kitchen sink. A newer French door refrigerator and dishwasher are included, along with a built-in oven and electric cooktop. An adjacent breakfast nook with custom cabinetry and bay windows, overlooking the ridge, is just the place for your first meal of the day. A convenient half bath for your guests, and one of three rear decks can be accessed from this main level. Upstairs, an oversized master suite offers one of the BEST VIEWS in the home! Step out onto a wraparound deck facing the ridge. There is space to spare in this master suite, offering a sitting area, plenty of space for a king size bed, and even a computer loft. There is also an Ensuite full bath with a stand-up shower, built in tub, and ceramic tile flooring, along with a large closet. Two spacious guest bedrooms opposite from the master, a full bath with tile flooring, and additional access to the wraparound rear deck, add the final touch to this wonderful second story. A finished basement offers a truly remarkable secondary living space, man-cave, play room, or guest area. Enjoy a gas log fireplace with hand crafted wooden mantel, brick surround from floor to ceiling, and built in shelving on both sides. The largest and most accommodating rear deck in the home can be accessed from this lower level. The oversized deck frames the perfect place to enjoy exciting views in every season, from a built-in bench that cantilevers over the ridge. You will be just minutes from the Chickamauga Battlefield, I-24, I-27, and all Downtown Chattanooga has to offer! Call TODAY for your private viewing.

5. 2023-05-08
   historical
6. 2019-04-01
   soldstatus $167,000
7. 2019-03-29
   soldstatus $167,000
8. 2019-03-29
   soldstatus $167,000
9. 2018-12-28
   listed $175,000
10. 1999-05-23
    listed $142,500

ⓘ 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: $2,574 · $214/mo
• Projected year-2 tax: $2,574 · $214/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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 14% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,781
• − Mortgage interest: −$9,803
• − Property taxes: −$2,574
• − Insurance: −$875
• − Repairs & maintenance: −$1,822
• − Management: −$1,822
• − Depreciation: −$5,091
• Taxable income: $793
• Est. tax owed @ 24.0%: −$190
• After-tax cash flow: $3,345/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: Walker County
• NCES district ID: 1305370
• Math proficiency: 25% ▼ -10.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $39,889
• Composite: 22.74/100
• National rank: #8035
• State rank: #114 of 174 in GA

Livability — Rossville

• Score: 56/100
• State rank: #484
• US rank: #22540

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rossville, GA
• County: Walker County · 48,831 people
• City population: 30,041
• Metro: Chattanooga, TN-GA
• Population (ZIP): 30,041
• Household income: $58,834
• Rent vs Own: 32.3% rent · 67.7% own
• Severe rent burden: 834.0

Population outlook (Walker County) Hauer SSP2

• Today (2025): 66,050 people
• By 2030: 64,305 · -2.6%
• By 2040: 60,127 · -9.0%
• By 2050: 55,551 · -15.9%
• By 2075: 44,886 · -32.0%
• By 2100: 34,015 · -48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Slovak 3% Iranian 2% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+59.3) · D 20.1% · R 79.4%
• 2008→2024 swing: -12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
• All cycles: 2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.05%
• Current HPI: 267.0047
• Rent YoY: ▲ 7.44%
• Metro: Chattanooga, TN-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

+110.5% since first listed

10 events — show timeline

• 2023-10-10 Sold (Public Records) $300,000 Public Records
• 2023-10-06 Sold (MLS) $300,000 GCAR
• 2023-09-11 Contingent — GCAR
• 2023-09-07 Listed $295,000 GCAR
• 2023-05-08 Delisted — CCARMLS
• 2019-04-01 Sold (Public Records) $167,000 Public Records
• 2019-03-29 Sold (MLS) $167,000 REALTRACS as Distributed by MLS Grid
• 2019-03-29 Sold (MLS) $167,000 GCAR
• 2018-12-28 Listed $175,000 CCARMLS
• 1999-05-23 Listed $142,500 RCAOR

Property tax history

+23.8%/yr

Latest (2024): $2,574 · +189.8% YoY. Source: county tax records.