46 Young St · Cartersville, GA 30120

$210,000

2 bd · 1.0 ba · 648 sqft · SingleFamily public records · 81 Days on market

Built 1980 1.07 ac lot Est $344k · 39% under

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Why this score? — see what drove the F 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 +5.7/30.0
• Livability +3.7/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• 1% rule +1.4/10.0
• DSCR +0.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 117 & 119 Bonaire Street — a great investor opportunity featuring two homes on one parcel! Also includes a lot approved for a duplex!!! This unique and versatile property offers strong income potential and is ideal for investors looking to add a cash-flowing asset to their portfolio. Both homes are currently rented below market rate, presenting an excellent value-add opportunity. With rents that could easily be increased to approximately $1,000 per month each or more, this property has the potential to become a stronger income-producing investment. 117 Bonaire Street is located on the corner of the lot and offers approximately 800 square feet of living space with 1 bedroom and 1 bathroom. As you enter, you’re welcomed into a comfortable living room that flows seamlessly into the kitchen, creating an open and functional layout for everyday living. The kitchen is equipped with upper and lower cabinetry for ample storage, along with an electric stove and cooktop, refrigerator, and sink. Just off the kitchen is the full bathroom, complete with a vanity and tub/shower combination. The bedroom is conveniently located off the living area and includes a closet, making it a cozy and practical space. 119 Bonaire Street sits just across the lot and offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, providing additional space and flexibility. This home welcomes you with a covered front porch, perfect for relaxing outdoors. Inside, you’ll find a spacious living room with a ceiling fan and multiple windows that bring in abundant natural light. The living room flows into the kitchen, which includes cabinetry, countertops, a sink, an electric oven, and a refrigerator. Just off the kitchen is a dedicated laundry room with washer and dryer connections and direct access to the backyard for added convenience. The bathroom features a vanity and tub/shower combination, while both bedrooms are well-sized and include closets and windows for natural light. With two separate homes, independent entrances, and strong upside in rental income, this property offers flexibility for a variety of investment strategies. Whether you choose to live in one home and rent the other, or lease both homes for maximum return, this is a great opportunity for investors seeking steady income and future growth potential.

Key facts

• Covered front porch
• 1.07 acre lot
• 2 parking spots

Tags

• INVESTMENT OPPORTUNITY
• STRONG INCOME POTENTIAL
• COVERED FRONT PORCH
• DEDICATED LAUNDRY ROOM
• MULTIPLE LIVING SPACES

🏷️ Possibly a rental listed for sale. The $210,000 price doesn't fit this home's estimated sale value (~$344,190) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-433 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $133k (36.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $134k (36.2% below list).
• Recommended offer: $133k (36.5% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 74/100 on livability (#43 in GA, #4,800 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities A; Watch: schools D+, commute F.
• Bartow County (rural): math 33% / reading 34% proficiency, ranked #70 of 174 in GA (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.2%/yr); 521 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,618 units permitted in Bartow County in 2024 (265 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 3 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: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $133,445 (36.5% 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 81 days. Have you received any prior offers? Is the seller open to a 36% 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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.64% ✗
• Cap rate: 3.82%
• Cash-on-cash: -8.84%
• DSCR: 0.61
• GRM: 13.1

CMA / ARV

• ARV (median comp): $344,190
• List price: $210,000
• Delta: -38.99%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -35.4%
• Equity multiple: -0.11×
• Total profit: $-65,512
• Equity at exit: $31,312

10-year hold

• IRR: -71.2%
• Equity multiple: -0.83×
• Total profit: $-107,582
• Equity at exit: $18,157

Cash invested: $58,800 (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 30120

• Home prices YoY: -18.6%
• Rents YoY: -0.2%
• Active inventory: 521
• Price-to-rent: 13.1×

Monthly cashflow live

• Estimated rent: $1,340 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$303 /mo · $3,640/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $-433

Break-even live

Break-even rent $1,889

Max offer price $133,445

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
130 N Erwin St Unit C02 Cartersville, GA	1.0	1.0	625	$1,189	$1.90	43d	1	1.02mi
130 N Erwin St Unit C04 Cartersville, GA	1.0	1.0	625	$1,089	$1.74	43d	1	1.02mi
100 Bethel Pl Cartersville, GA	1.0–3.0	1.0–2.5	1093	$1,689	$1.55	1d	39	1.17mi
134 Leake St Unit 07 Cartersville, GA	1.0	1.0	575	$1,189	$2.07	43d	1	1.44mi
134 Leake St Unit 47 Cartersville, GA	1.0	1.0	575	$989	$1.72	43d	1	1.44mi
134 Leake St Apt 28 Cartersville, GA	1.0	1.0	575	$1,089	$1.89	18d	1	1.44mi

Listing history 12 events

1. 2026-06-13
   days on market $210,000 Active 81 DOM
2. 2026-06-09
   days on market $210,000 Active 77 DOM
3. 2026-06-08
   days on market $210,000 Active 76 DOM
4. 2026-06-07
   days on market $210,000 Active 75 DOM
5. 2026-06-04
   days on market $210,000 Active 72 DOM
6. 2026-06-03
   days on market $210,000 Active 71 DOM
7. 2026-06-02
   days on market $210,000 Active 70 DOM
8. 2026-06-01
   days on market $210,000 Active 69 DOM
9. 2026-05-31
   days on market $210,000 Active 68 DOM
10. 2026-05-01
    status Active 2367-char remark

    Show marketing remark (2367 chars)

    Welcome to 117 & 119 Bonaire Street — a great investor opportunity featuring two homes on one parcel! Also includes a lot approved for a duplex!!! This unique and versatile property offers strong income potential and is ideal for investors looking to add a cash-flowing asset to their portfolio. Both homes are currently rented below market rate, presenting an excellent value-add opportunity. With rents that could easily be increased to approximately $1,000 per month each or more, this property has the potential to become a stronger income-producing investment. 117 Bonaire Street is located on the corner of the lot and offers approximately 800 square feet of living space with 1 bedroom and 1 bathroom. As you enter, you’re welcomed into a comfortable living room that flows seamlessly into the kitchen, creating an open and functional layout for everyday living. The kitchen is equipped with upper and lower cabinetry for ample storage, along with an electric stove and cooktop, refrigerator, and sink. Just off the kitchen is the full bathroom, complete with a vanity and tub/shower combination. The bedroom is conveniently located off the living area and includes a closet, making it a cozy and practical space. 119 Bonaire Street sits just across the lot and offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, providing additional space and flexibility. This home welcomes you with a covered front porch, perfect for relaxing outdoors. Inside, you’ll find a spacious living room with a ceiling fan and multiple windows that bring in abundant natural light. The living room flows into the kitchen, which includes cabinetry, countertops, a sink, an electric oven, and a refrigerator. Just off the kitchen is a dedicated laundry room with washer and dryer connections and direct access to the backyard for added convenience. The bathroom features a vanity and tub/shower combination, while both bedrooms are well-sized and include closets and windows for natural light. With two separate homes, independent entrances, and strong upside in rental income, this property offers flexibility for a variety of investment strategies. Whether you choose to live in one home and rent the other, or lease both homes for maximum return, this is a great opportunity for investors seeking steady income and future growth potential.

11. 2026-03-16
    listed $210,000 Active 2367-char remark

    Show marketing remark (2329 chars)

    Welcome home to 117 & 119 Bonaire Street! A unique and versatile investment opportunity featuring two separate homes on one parcel, perfect for generating steady rental income or expanding your real estate portfolio. With both homes already set up for independent living, this property offers strong income potential, with each home estimated to rent for approximately $500 per month. 117 Bonaire Street is situated on the corner of the lot and offers approximately 800 square feet of living space with 1 bedroom and 1 bathroom. As you enter, you're welcomed into a comfortable living room that flows seamlessly into the kitchen, creating an open and functional layout ideal for everyday living. The kitchen is equipped with upper and lower cabinetry, providing ample storage, along with an electric stove and cooktop, refrigerator, and sink. Just off the kitchen is the full bathroom, which includes a vanity and a tub/shower combination. The bedroom is conveniently located off the living area and features a closet, making it a cozy and practical space. 119 Bonaire Street is positioned just across the lot and offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, providing additional space and flexibility. This home welcomes you with a covered front porch, perfect for relaxing outdoors. Inside, you'll find a spacious living room featuring a ceiling fan and multiple windows that allow for abundant natural light. The living area flows into the kitchen, which includes cabinetry, countertops, a sink, an electric oven, and a refrigerator. Off the kitchen is a dedicated laundry room with washer and dryer connections and direct access to the backyard, adding convenience and functionality. The bathroom includes a vanity and a tub/shower combination. Both bedrooms are well-sized and feature closets and windows for natural light. The property offers a great layout for dual rental income, with each home having its own living space, entrances, and functionality. Whether you're looking to live in one home and rent the other, or fully utilize both as income-producing properties, this setup provides flexibility and opportunity. With strong rental potential, multiple living spaces, and a convenient setup, this property is ideal for investors looking for a value-add opportunity or steady cash flow.

12. 2026-03-16
    listed $210,000 New 2329-char remark

    Show marketing remark (2329 chars)

    Welcome home to 117 & 119 Bonaire Street! A unique and versatile investment opportunity featuring two separate homes on one parcel, perfect for generating steady rental income or expanding your real estate portfolio. With both homes already set up for independent living, this property offers strong income potential, with each home estimated to rent for approximately $500 per month. 117 Bonaire Street is situated on the corner of the lot and offers approximately 800 square feet of living space with 1 bedroom and 1 bathroom. As you enter, you're welcomed into a comfortable living room that flows seamlessly into the kitchen, creating an open and functional layout ideal for everyday living. The kitchen is equipped with upper and lower cabinetry, providing ample storage, along with an electric stove and cooktop, refrigerator, and sink. Just off the kitchen is the full bathroom, which includes a vanity and a tub/shower combination. The bedroom is conveniently located off the living area and features a closet, making it a cozy and practical space. 119 Bonaire Street is positioned just across the lot and offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, providing additional space and flexibility. This home welcomes you with a covered front porch, perfect for relaxing outdoors. Inside, you'll find a spacious living room featuring a ceiling fan and multiple windows that allow for abundant natural light. The living area flows into the kitchen, which includes cabinetry, countertops, a sink, an electric oven, and a refrigerator. Off the kitchen is a dedicated laundry room with washer and dryer connections and direct access to the backyard, adding convenience and functionality. The bathroom includes a vanity and a tub/shower combination. Both bedrooms are well-sized and feature closets and windows for natural light. The property offers a great layout for dual rental income, with each home having its own living space, entrances, and functionality. Whether you're looking to live in one home and rent the other, or fully utilize both as income-producing properties, this setup provides flexibility and opportunity. With strong rental potential, multiple living spaces, and a convenient setup, this property is ideal for investors looking for a value-add opportunity or steady cash flow.

ⓘ 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: $3,640 · $303/mo
• Projected year-2 tax: $3,640 · $303/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,082
• − Mortgage interest: −$11,763
• − Property taxes: −$3,640
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,287
• − Management: −$1,287
• − Depreciation: −$6,109
• Taxable loss: −$9,053
• Est. tax savings @ 24.0%: +$2,173
• After-tax cash flow: $-3,028/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: Bartow County
• NCES district ID: 1300330
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 34% ▼ -7.00%
• Median HH income: $50,596
• Composite: 29.16/100
• National rank: #6577
• State rank: #70 of 174 in GA

Livability — Cartersville

• Score: 74/100
• State rank: #43
• US rank: #4800

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bartow County · 85,497 people
• City population: 70,885
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 44,896
• Household income: $86,581
• Rent vs Own: 27.2% rent · 72.8% own
• Severe rent burden: 987.0

Population outlook (Bartow County) Hauer SSP2

• Today (2025): 107,887 people
• By 2030: 109,594 · +1.6%
• By 2040: 111,038 · +2.9%
• By 2050: 109,046 · +1.1%
• By 2075: 99,484 · -7.8%
• By 2100: 83,431 · -22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 12% Two or more races 8% Asian 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 2% Serbian 1%
• Foreign-born: 5% · Canada, Vietnam, Jamaica
• Languages at home: 89% English-only · Spanish 9%

Political lean MEDSL · Bartow

• 2024 margin: Solid R (+51.0) · D 24.2% · R 75.2%
• 2008→2024 swing: -5.8pp toward R · 2008: -45.2pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+50.7 2016: R+55.2 2012: R+51.7 2008: R+45.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.99%
• Current HPI: 302.5848
• Rent YoY: ▼ -0.23%
• 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

3 events — show timeline

• 2026-05-01 Relisted — FMLS
• 2026-03-16 Listed $210,000 GAMLS
• 2026-03-16 Listed $210,000 FMLS

Property tax history

+8.7%/yr

Latest (2025): $3,640 · -1.0% YoY. Source: county tax records.