1245 Magnolia Gardens Walk · McDonough, GA 30253

$219,900

3 bd · 2.5 ba · 1,612 sqft · SingleFamily public records · 57 Days on market

Built 2019 $136/sqft · at area comps Est $222k · at est.

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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).

• Cash flow +13.8/30.0
• ARV discount +8.0/15.0
• DSCR +4.2/10.0
• 1% rule +4.0/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Clean, comfortable 3 bed, 2.5 bath townhouse in McDonough - a practical starter home. The main floor offers an open layout with the kitchen overlooking the family room, making everyday living and casual entertaining easy. A convenient half bath is on the main level. Upstairs the primary bedroom includes a walk-in closet and an en-suite bathroom with a double vanity and garden tub/shower combo. Two additional bedrooms and a full bath complete the upstairs - simple, low-maintenance layout designed for first-time buyers. Located in McDonough with easy access to local amenities and everyday conveniences. Reasonably priced and move-in ready - schedule a showing to see if this fits your needs.

Key facts

• Double vanity
• Walk-in closet
• Open layout

Tags

• OPEN LAYOUT
• WALK-IN CLOSET
• EN-SUITE BATHROOM
• DOUBLE VANITY
• GARDEN TUB
• LOCAL AMENITIES

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $18 ($222/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 $199k (9.5% below list).
• Recommended offer: $199k (9.5% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 3.9% in McDonough — 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 63/100 on livability (#279 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: crime D, amenities F, commute F.
• Henry County (rural): math 24% / reading 33% proficiency, ranked #89 of 174 in GA (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Wesley Lakes Elementary School (math 12% / reading 22%, grade F, #936 of 1,228 statewide, top 79%, 843 students, 73% FRL); Eagle'S Landing Middle School (math 16% / reading 33%, grade F, #301 of 470 statewide, top 66%, 1,092 students, 59% FRL); Eagle'S Landing High School (math 18% / reading 22%, grade F, #232 of 424 statewide, top 56%, 1,642 students, 48% FRL) — zoned schools average 60% FRL vs 43% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.3%/yr); 682 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,989 units permitted in Henry County in 2024 (92 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Henry 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 57 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 4 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.

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 $198,957 (9.5% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.90% ✗
• Cap rate: 6.39%
• Cash-on-cash: 0.36%
• DSCR: 1.02
• GRM: 9.2

CMA / ARV

• ARV (median comp): $222,318
• List price: $219,900
• Delta: -1.09%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
99 Kelly Rd	0.03mi	3/2.0	1,734 (+8%)	15mo	$275,000	$159	72
123 Laurel Springs Dr	0.24mi	3/2.0	1,688 (+5%)	15mo	$310,000	$184	67
110 Trailwood Ln	0.58mi	3/2.0	1,631 (+1%)	8mo	$284,000	$174	63
113 Burleyson Dr	0.52mi	3/2.5	1,714 (+6%)	7mo	$275,000	$160	59
605 Keaton Ct	0.60mi	3/2.5	1,719 (+7%)	6mo	$267,000	$155	56
135 Labrea Blvd	0.70mi	3/2.5	1,614 (+0%)	15mo	$240,000	$149	54
1107 E Shoreview Rd	0.43mi	4/2.0 (+1)	1,685 (+4%)	16mo	$320,000	$190	52
124 Woodcrest Way	0.71mi	3/2.0	1,621 (+1%)	15mo	$309,400	$191	52
127 Laurel Springs Dr	0.27mi	3/2.0	1,852 (+15%)	11mo	$320,000	$173	51
253 Yardsley Dr	0.36mi	3/2.0	1,847 (+15%)	14mo	$316,000	$171	45
2908 Warwick Ct	0.51mi	3/2.5	1,820 (+13%)	14mo	$295,000	$162	43
2110 Kellington Dr	0.50mi	3/2.0	1,403 (-13%)	12mo	$226,900	$162	43

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: -19.2%
• Equity multiple: 0.35×
• Total profit: $-40,235
• Equity at exit: $32,788

10-year hold

• IRR: -19.9%
• Equity multiple: 0.09×
• Total profit: $-55,846
• Equity at exit: $19,013

Cash invested: $61,572 (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 30253

• Home prices YoY: -29.4%
• Rents YoY: -0.3%
• Active inventory: 682
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,990 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$308 /mo · $3,701/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $18

Break-even live

Break-even rent $1,966

Max offer price $219,900

Occupancy floor 94%

Sensitivity live

Price	-10% $143	-5% $81	+0% $18	+5% $-44	+10% $-106
Rent	-10% $-139	-5% $-60	+0% $18	+5% $97	+10% $176
Rate	-1.0pp $129	-0.5pp $74	base $18	+0.5pp $-38	+1.0pp $-96

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1535 Hydrangea Ln McDonough, GA	3.0	2.5	1446	$1,761	$1.22	26d	1	0.06mi
1740 Formosa Ln Unit MC McDonough, GA	3.0	2.0	1606	$1,669	$1.04	26d	1	0.11mi
105 Dailey Mill Rd McDonough, GA	3.0	1.5	1278	$1,795	$1.40	7d	1	0.39mi
1116 E Shoreview Rd McDonough, GA	4.0	2.0	1960	$2,495	$1.27	7d	1	0.44mi
2435 Cornell Cir McDonough, GA	3.0	3.0	1752	$1,919	$1.10	4d	1	0.60mi
305 Cerulean Gull Bnd McDonough, GA	3.0	2.5	1849	$2,495	$1.35	6d	1	0.65mi
1000 Columns Dr McDonough, GA	1.0–2.0	1.0–2.0	987	$1,755	$1.78	1d	22	0.66mi
740 McDonough Pkwy McDonough, GA	1.0–3.0	1.0–2.0	1128	$1,971	$1.75	1d	22	0.78mi
424 Concord Ter McDonough, GA	4.0	3.0	1887	$2,181	$1.16	3d	1	0.79mi
428 Concord Ter McDonough, GA	4.0	3.0	1887	$2,151	$1.14	45d	1	0.80mi
235 Jonesboro Rd McDonough, GA	1.0–3.0	1.0–2.0	996	$1,999	$2.01	1d	2	0.81mi
700 Cannoli Ct McDonough, GA	4.0	2.5	2080	$2,400	$1.15	23d	1	0.84mi
685 Chaseridge Dr McDonough, GA	3.0	2.0	2155	$2,155	$1.00	13d	1	0.85mi
321 Concord Ter McDonough, GA	4.0	3.0	1887	$2,231	$1.18	7d	1	0.86mi
209 Swindon Dr McDonough, GA	3.0	2.5	1476	$1,795	$1.22	26d	1	0.87mi
340 Concord Ter McDonough, GA	4.0	2.5	1887	$2,060	$1.09	3d	1	0.87mi
177 Swindon Dr McDonough, GA	3.0	2.5	1488	$1,825	$1.23	17d	1	0.89mi
177 Swindon Dr McDonough, GA	3.0	2.5	1488	$1,825	$1.23	1d	1	0.89mi
173 Swindon Dr McDonough, GA	3.0	2.5	1488	$1,900	$1.28	7d	1	0.89mi
173 Swindon Dr McDonough, GA	3.0	2.5	1476	$1,925	$1.30	26d	1	0.89mi
270 Wynbrook Dr McDonough, GA	4.0	2.5	1896	$2,211	$1.17	45d	1	0.92mi
3440 Baylor Cir McDonough, GA	3.0	2.5	1983	$2,269	$1.14	3d	1	0.94mi
1322 Sweetwater Ct McDonough, GA	3.0	2.0	1385	$1,900	$1.37	7d	1	0.96mi
635 Beaver Run Trce McDonough, GA	3.0	2.0	1246	$1,850	$1.48	45d	1	0.96mi
532 Epris Ln McDonough, GA	2.0	2.0	1070	$1,400	$1.31	7d	1	0.98mi
151 Hamilton Pointe Dr McDonough, GA	4.0	2.5	2097	$2,470	$1.18	7d	1	0.98mi
642 Beaver Run Trce McDonough, GA	3.0	2.0	1316	$1,975	$1.50	1d	1	0.99mi
575 McDonough Pkwy McDonough, GA	1.0–2.0	1.0–2.5	960	$1,900	$1.98	1d	14	1.01mi
217 Kenoot Dr Unit 1 McDonough, GA	3.0	2.0	1552	$2,200	$1.42	14d	1	1.01mi
261 Kenoot Dr Unit 1 McDonough, GA	3.0	2.5	1620	$1,995	$1.23	45d	1	1.01mi
451 Clear Blue Way McDonough, GA	4.0	3.0	1768	$1,995	$1.13	14d	1	1.01mi
124 Hazel Dr McDonough, GA	3.0	2.5	1552	$2,150	$1.39	45d	1	1.02mi
408 Kendall Ln McDonough, GA	3.0	2.5	1395	$1,695	$1.22	14d	1	1.02mi
851 Sweetwater Way McDonough, GA	3.0	2.0	1293	$1,820	$1.41	14d	1	1.04mi
156 Madeline Ct McDonough, GA	3.0	2.5	1552	$1,695	$1.09	45d	1	1.04mi
512 Edgewater Way McDonough, GA	3.0	2.0	1656	$1,981	$1.20	26d	1	1.04mi
210 Coldsprings Ct McDonough, GA	3.0	2.0	1232	$1,965	$1.59	1d	1	1.05mi
140 Hazel Dr McDonough, GA	3.0	2.5	1552	$1,950	$1.26	45d	1	1.06mi
270 Rosewood Dr McDonough, GA	3.0	2.0	1750	$1,849	$1.06	7d	1	1.07mi
205 Coldsprings Ct McDonough, GA	3.0	3.0	1666	$2,000	$1.20	45d	1	1.08mi

Listing history 22 events

1. 2026-06-13
   statusdays on market $219,900 Under Contract 57 DOM
2. 2026-06-09
   days on market $219,900 Active 55 DOM
3. 2026-06-08
   days on market $219,900 Active 54 DOM
4. 2026-06-07
   days on market $219,900 Active 53 DOM
5. 2026-06-04
   days on market $219,900 Active 50 DOM
6. 2026-06-03
   days on market $219,900 Active 49 DOM
7. 2026-06-02
   days on market $219,900 Active 48 DOM
8. 2026-06-01
   days on market $219,900 Active 47 DOM
9. 2026-05-31
   statusdays on market $219,900 Active 46 DOM
10. 2026-04-15
    listed $229,900 New 702-char remark

    Show marketing remark (702 chars)

    Clean, comfortable 3 bed, 2.5 bath townhouse in McDonough - a practical starter home. The main floor offers an open layout with the kitchen overlooking the family room, making everyday living and casual entertaining easy. A convenient half bath is on the main level. Upstairs the primary bedroom includes a walk-in closet and an en-suite bathroom with a double vanity and garden tub/shower combo. Two additional bedrooms and a full bath complete the upstairs - simple, low-maintenance layout designed for first-time buyers. Located in McDonough with easy access to local amenities and everyday conveniences. Reasonably priced and move-in ready - schedule a showing to see if this fits your needs.

11. 2024-01-03
    historical
12. 2023-12-11
    historical
13. 2023-12-08
    price $265,000
14. 2023-09-13
    historical
15. 2023-08-09
    listed $265,000 New
16. 2023-08-09
    listed $269,000 New
17. 2023-08-09
    listed $269,000 New
18. 2018-10-08
    soldstatus $211,000
19. 2018-04-05
    soldstatus $127,000
20. 2018-04-05
    soldstatus $127,000
21. 2018-04-05
    soldstatus $130,000
22. 2012-10-19
    soldstatus $100,000

ⓘ 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: $3,701 · $308/mo
• Projected year-2 tax: $3,701 · $308/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 6/10 Major 7 d/yr ≥106°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 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,875
• − Mortgage interest: −$12,318
• − Property taxes: −$3,701
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,910
• − Management: −$1,910
• − Depreciation: −$6,397
• Taxable loss: −$3,461
• Est. tax savings @ 24.0%: +$831
• After-tax cash flow: $1,053/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: Henry County
• NCES district ID: 1302820
• Math proficiency: 24% ▼ -9.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $62,594
• Composite: 26.13/100
• National rank: #7279
• State rank: #89 of 174 in GA

Livability — McDonough

• Score: 63/100
• State rank: #279
• US rank: #14962

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McDonough, GA
• County: Henry County · 316,359 people
• City population: 114,333
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 64,779
• Household income: $81,892
• Rent vs Own: 34.6% rent · 65.4% own
• Severe rent burden: 2591.0

Population outlook (Henry County) Hauer SSP2

• Today (2025): 249,041 people
• By 2030: 264,369 · +6.2%
• By 2040: 294,459 · +18.2%
• By 2050: 322,249 · +29.4%
• By 2075: 392,310 · +57.5%
• By 2100: 437,836 · +75.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 61% White 22% Two or more races 7% Hispanic / Latino 7% Asian 3%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Hispanic 1% Lithuanian 1% Slovak 1%
• Foreign-born: 10% · Canada, China, Vietnam
• Languages at home: 89% English-only · Spanish 5% French/Haitian/Cajun 1% Vietnamese 1%

Political lean MEDSL · Henry

• 2024 margin: Strong D (+29.7) · D 64.5% · R 34.9%
• 2008→2024 swing: +37.1pp toward D · 2008: -7.5pp · 2024: 29.7pp
• All cycles: 2024: D+29.7 2020: D+20.5 2016: D+4.3 2012: R+3.2 2008: R+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.51%
• Current HPI: 210.679
• Rent YoY: ▼ -0.35%
• 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

+129.9% since first listed

13 events — show timeline

• 2026-04-15 Listed $229,900 GAMLS
• 2024-01-03 Listing Removed — GAMLS
• 2023-12-11 Listing Removed — GAMLS
• 2023-12-08 Price Changed $265,000 GAMLS
• 2023-09-13 Listing Removed — GAMLS
• 2023-08-09 Listed $269,000 GAMLS
• 2023-08-09 Listed $269,000 GAMLS
• 2023-08-09 Listed $265,000 GAMLS
• 2018-10-08 Sold (Public Records) $211,000 Public Records
• 2018-04-05 Sold (Public Records) $130,000 Public Records
• 2018-04-05 Sold (Public Records) $127,000 Public Records
• 2018-04-05 Sold (Public Records) $127,000 Public Records
• 2012-10-19 Sold (Public Records) $100,000 Public Records

Property tax history

+13.1%/yr

Latest (2025): $3,701 · -1.1% YoY. Source: county tax records.