7706 Bernardo Dr · Riverdale, GA 30296

$185,000

3 bd · 3.0 ba · 1,112 sqft · SingleFamily public records · 6 Days on market

Built 2003 $166/sqft · 24% below area Est $243k · 24% under $100/mo HOA · 6% of rent

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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 +16.6/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• 1% rule +4.7/10.0
• Livability +3.5/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this 3-bedroom, 2.5-bath townhouse located in a secluded community in Riverdale. This home features laminated hardwood floors on main level. The spacious layout includes an eat-in kitchen with breakfast bar, open to the living and dining areas, plus a convenient half bath on the main level. Upstairs, the oversized primary suite offers a large walk-in closet with natural daylight, and the laundry is conveniently located in the upstairs hall. All existing kitchen appliances included

Key facts

• Eat-in kitchen
• Large walk-in closet
• Breakfast bar

Tags

• LAMINATED HARDWOOD FLOORS
• EAT-IN KITCHEN
• BREAKFAST BAR
• OVERSIZED PRIMARY SUITE
• LARGE WALK-IN CLOSET
• CONVENIENT LAUNDRY LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $112 ($1k/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 $180k (3.0% below list).
• Recommended offer: $180k (3.0% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 5.5% in Riverdale — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 70/100 on livability (#100 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, schools D-, amenities 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 (+3.5%/yr); 135 active listings in the ZIP; 16 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; 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
• This rent runs 34% of the median local income ($63k/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 $6k 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.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 7y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $108k; list at $185k implies a 72% 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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,541 (3.0% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 7.02%
• Cash-on-cash: 2.60%
• DSCR: 1.12
• GRM: 8.6

CMA / ARV

• ARV (median comp): $242,765
• List price: $185,000
• Delta: -23.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7417 Fernwood Dr	0.62mi	3/2.0	1,226 (+10%)	4mo	$262,000	$214	46

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 · 3.55% rent growth · sell at horizon

5-year hold

• IRR: -11.5%
• Equity multiple: 0.58×
• Total profit: $-21,780
• Equity at exit: $27,584

10-year hold

• IRR: -1.5%
• Equity multiple: 0.90×
• Total profit: $-5,427
• Equity at exit: $15,995

Cash invested: $51,800 (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 30296

• Rents YoY: 3.5%
• Active inventory: 135
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,795 high
• Mortgage (P&I): −$970
• Tax from tax record: −$159 /mo · $1,905/yr
• Insurance: −$77
• HOA: −$100
• Vacancy / Maint / Mgmt: −$377
• Net cashflow: $112

Break-even live

Break-even rent $1,653

Max offer price $185,000

Occupancy floor 89%

Sensitivity live

Price	-10% $217	-5% $165	+0% $112	+5% $60	+10% $8
Rent	-10% $-29	-5% $41	+0% $112	+5% $183	+10% $254
Rate	-1.0pp $206	-0.5pp $159	base $112	+0.5pp $64	+1.0pp $16

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7605 Briar Crest Ct Riverdale, GA	3.0	2.5	1478	$2,010	$1.36	44d	1	0.31mi
1000 Lake Ridge Pkwy Unit 0501 Riverdale, GA	2.0	2.0	1036	$1,414	$1.36	4d	1	0.56mi
1000 Lake Ridge Pkwy Riverdale, GA	2.0	2.0	1036	$1,610	$1.55	25d	1	0.56mi
1000 Lake Ridge Pkwy Riverdale, GA	1.0–3.0	1.0–2.0	1016	$1,764	$1.74	44d	25	0.56mi
7413 Penland Dr Riverdale, GA	3.0	2.0	1422	$2,100	$1.48	44d	1	0.57mi
3040 Highway 138 SW Fayetteville, GA	3.0	1.0	991	$1,605	$1.62	13d	1	0.72mi
950 Lake Ridge Pkwy Riverdale, GA	1.0–2.0	1.0–2.0	966	$1,462	$1.51	2d	30	0.73mi
7324 Caribou Trl Riverdale, GA	3.0	2.0	1312	$1,631	$1.24	44d	1	0.79mi
7254 Fernwood Dr Riverdale, GA	3.0	2.0	1272	$1,765	$1.39	25d	1	0.94mi
7299 Indian Hill Trl Riverdale, GA	4.0	2.5	1201	$1,900	$1.58	44d	1	0.94mi
7272 Indian Hill Trl Riverdale, GA	3.0	2.0	1416	$1,787	$1.26	5d	1	1.01mi
1070 Salisbury Trl Riverdale, GA	3.0	2.0	1422	$1,750	$1.23	13d	1	1.05mi
100 Chase Ridge Dr Unit 1005 Riverdale, GA	2.0	2.0	1175	$1,395	$1.19	44d	1	1.23mi
100 Chase Ridge Dr Riverdale, GA	1.0–2.0	1.0–2.0	1002	$1,545	$1.54	6d	6	1.31mi
100 Chase Ridge Dr Riverdale, GA	2.0	2.0	1175	$1,545	$1.31	44d	1	1.31mi
2003 Echota Way Riverdale, GA	3.0	2.0	1449	$1,750	$1.21	44d	1	1.42mi

HOA detail

• Monthly dues: $100 · $1,200/yr

Listing history 26 events

1. 2026-06-18
   days on market $185,000 Active 6 DOM
2. 2026-06-17
   days on market $185,000 Active 5 DOM
3. 2026-06-16
   days on market $185,000 Active 4 DOM
4. 2026-06-15
   days on market $185,000 Active 3 DOM
5. 2026-06-13
   statusdays on marketlisting id $185,000 Active 1 DOM
6. 2026-06-09
   days on market $185,000 New 4 DOM
7. 2026-06-08
   days on market $185,000 New 3 DOM
8. 2026-06-07
   statusdays on marketlisting id $185,000 New 2 DOM
9. 2026-06-04
   days on market $185,000 Active 111 DOM
10. 2026-06-03
    days on market $185,000 Active 110 DOM
11. 2026-06-02
    statusdays on market $185,000 Active 109 DOM
12. 2026-06-01
    days on market $185,000 Price Change 108 DOM
13. 2026-05-31
    pricestatusdays on market $185,000 Price Change 107 DOM
14. 2026-02-12
    listed $195,000 New 497-char remark

    Show marketing remark (497 chars)

    Welcome to this 3-bedroom, 2.5-bath townhouse located in a secluded community in Riverdale. This home features laminated hardwood floors on main level. The spacious layout includes an eat-in kitchen with breakfast bar, open to the living and dining areas, plus a convenient half bath on the main level. Upstairs, the oversized primary suite offers a large walk-in closet with natural daylight, and the laundry is conveniently located in the upstairs hall. All existing kitchen appliances included

15. 2020-02-05
    soldstatus $107,500
16. 2020-01-30
    soldstatus $107,500 Closed 497-char remark

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

17. 2020-01-30
    soldstatus $107,500 Sold

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

18. 2020-01-30
    soldstatus $107,500

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

19. 2019-12-17
    status Pending 497-char remark

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

20. 2019-12-17
    status Under Contract

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

21. 2019-12-13
    listed $99,900 Active 497-char remark

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

22. 2019-12-13
    listed $99,900 New

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

23. 2019-12-13
    listed $99,900

    Show marketing remark (497 chars)

    Great Townhome featuring 3 Bedrooms and 2.5 baths located in Riverdale Swim/Tennis community. HOA is $50 per month or $600 per year. Oversized master has large, walk in, daylight closet, and laundry is located in the upstairs hall. Kitchen has a breakfast bar and is open to the living/dining area. There is a convenient half bath on the main. This townhome comes with a new ac, and also has a 1 car garage. Walking distance to Marta. Perfect for 1st time Home Buyer or investor. Sold As-Is.

24. 2019-09-30
    status Under Contract
25. 2019-09-23
    historical
26. 2019-09-10
    listed $96,900 New

ⓘ 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: $1,905 · $159/mo
• Projected year-2 tax: $1,905 · $159/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 ≥105°F today · 19 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: $21,545
• − Mortgage interest: −$10,363
• − Property taxes: −$1,905
• − Insurance: −$925
• − Repairs & maintenance: −$1,724
• − Management: −$1,724
• − HOA: −$1,200
• − Depreciation: −$5,382
• Taxable loss: −$1,677
• Est. tax savings @ 24.0%: +$403
• After-tax cash flow: $1,751/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 — Riverdale

• Score: 70/100
• State rank: #100
• US rank: #7907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Clayton County · 230,153 people
• City population: 61,126
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 27,045
• Household income: $63,292
• Rent vs Own: 32.6% rent · 67.4% own
• Severe rent burden: 1400.0

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: Predominantly Black (81%)
• Race & ethnicity: Black 81% Hispanic / Latino 10% White 4% Asian 4% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Hispanic 2%
• Foreign-born: 14% · Canada, China, Vietnam
• Languages at home: 80% English-only · Spanish 9% Chinese 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: ▼ -137.25%
• Current HPI: 209.7527
• Rent YoY: ▲ 3.55%
• 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

+101.2% since first listed

13 events — show timeline

• 2026-02-12 Listed $195,000 GAMLS
• 2020-02-05 Sold (Public Records) $107,500 Public Records
• 2020-01-30 Sold (MLS) $107,500 SBOR
• 2020-01-30 Sold (MLS) $107,500 GAMLS
• 2020-01-30 Sold (MLS) $107,500 FMLS
• 2019-12-17 Pending — FMLS
• 2019-12-17 Pending — GAMLS
• 2019-12-13 Listed $99,900 SBOR
• 2019-12-13 Listed $99,900 GAMLS
• 2019-12-13 Listed $99,900 FMLS
• 2019-09-30 Pending — GAMLS
• 2019-09-23 Listing Removed — GAMLS
• 2019-09-10 Listed $96,900 GAMLS

Property tax history

+2.6%/yr

Latest (2025): $1,905 · -20.1% YoY. Source: county tax records.