137 Longview Rd · Stockbridge, GA 30281

$147,556

3 bd · 2.5 ba · 1,568 sqft · SingleFamily public records · 23 Days on market

Built 1984 1,306 sqft lot $94/sqft · 26% below area Est $253k · 42% 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 +24.1/30.0
• ARV discount +15.0/15.0
• DSCR +7.8/10.0
• 1% rule +7.4/10.0
• Livability +3.0/5.0
• Rent growth +2.7/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Offers to be placed on Xome.com. Interior inspections are not available, do not trespass! Forward all inquiries and questions to Xome Customer Service . NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER TO VERIFY ALL INFORMATION WHERIN.

Key facts

• 1,306 sq ft lot
• 2 garage spots
• Built 1984

Property features AI

Finance

• Other: Located in the Bridgewood subdivision

Exterior

• Parking: Attached garage with 2 spaces
• Home design: Single-family detached residence; One-story
• Construction: Wood siding; Slab foundation; Built with crawl space
• Exterior features: Small lot (approx. 0.03 acres); Crawl space foundation

Interior

• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $148k.

Deal economics

• At list price, monthly cash flow is $291 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $148k).
• Recommended offer: $145k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 4.2% in Stockbridge — 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 60/100 on livability (#389 in GA) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A; 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: Cotton Indian Elementary School (math 10% / reading 18%, grade F, #1,025 of 1,228 statewide, top 84%, 573 students, 67% FRL); Stockbridge Middle School (math 11% / reading 22%, grade F, #388 of 470 statewide, top 83%, 611 students, 70% FRL); Stockbridge High School (math 5% / reading 28%, grade F, #284 of 424 statewide, top 67%, 1,543 students, 54% FRL) — zoned schools average 64% FRL vs 43% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 16% at this address vs 28% district-wide (-13 pts) — the specific schools serving this property underperform the Henry County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 611 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,989 units permitted in Henry County in 2024 (92 in 5+ unit buildings).
• This rent runs 31% of the median local income ($71k/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 $4k 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 23 days — a 2% lower offer ($145k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price.
• 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 $145,342 (1.5% below list)

Questions for the listing agent

1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.24% ✓
• Cap rate: 8.66%
• Cash-on-cash: 8.44%
• DSCR: 1.38
• GRM: 6.7

CMA / ARV

• ARV (median comp): $252,664
• List price: $147,556
• Delta: -41.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
105 Longview Cir	0.12mi	3/2.0	1,552 (-1%)	3mo	$249,900	$161	88
20 King Pl	0.61mi	3/2.0	1,570 (+0%)	6mo	$256,900	$164	64
115 Stillwater Rd	0.13mi	3/2.0	1,672 (+7%)	22mo	$250,000	$150	62
80 Glenn Burnie Dr	0.44mi	3/2.0	1,700 (+8%)	8mo	$80,000	$47	57
160 Springvalley Cir	0.18mi	4/2.0 (+1)	1,774 (+13%)	8mo	$263,000	$148	56
155 Hickory Dr	0.68mi	3/2.5	1,721 (+10%)	4mo	$299,000	$174	48
245 Amanda Ct	0.62mi	3/2.0	1,356 (-14%)	2mo	$245,000	$181	45
349 Mays Rd	0.47mi	3/2.0	1,369 (-13%)	13mo	$230,000	$168	44
172 Edison Dr	0.66mi	3/2.0	1,503 (-4%)	20mo	$290,900	$194	44
240 Briarcliff Pl	0.70mi	4/2.0 (+1)	1,394 (-11%)	5mo	$249,000	$179	38
75 Walker Dr	0.72mi	4/2.0 (+1)	1,798 (+15%)	2mo	$285,000	$159	34
100 Mays Landing Rd	0.67mi	3/3.0	1,788 (+14%)	17mo	$199,000	$111	29

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 · 0.87% rent growth · sell at horizon

5-year hold

• IRR: -6.1%
• Equity multiple: 0.78×
• Total profit: $-9,129
• Equity at exit: $22,001

10-year hold

• IRR: 0.5%
• Equity multiple: 1.03×
• Total profit: $1,238
• Equity at exit: $12,758

Cash invested: $41,316 (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 30281

• Home prices YoY: -33.6%
• Rents YoY: 0.9%
• Active inventory: 611
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,830 high
• Mortgage (P&I): −$774
• Tax from tax record: −$319 /mo · $3,833/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $291

Break-even live

Break-even rent $1,462

Max offer price $147,556

Occupancy floor 79%

Sensitivity live

Price	-10% $374	-5% $332	+0% $291	+5% $249	+10% $207
Rent	-10% $146	-5% $218	+0% $291	+5% $363	+10% $435
Rate	-1.0pp $365	-0.5pp $328	base $291	+0.5pp $252	+1.0pp $213

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: $36,889
• Closing costs: $4,427
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
217 Briarpatch Ct Stockbridge, GA	3.0	2.0	1228	$1,995	$1.62	45d	1	0.72mi
141 Edison Dr Stockbridge, GA	3.0	2.5	1621	$1,701	$1.05	45d	1	0.81mi
245 Pinehurst Dr Stockbridge, GA	3.0	2.0	1340	$1,706	$1.27	45d	1	0.86mi
200 Pinehurst Dr Stockbridge, GA	3.0	2.0	1200	$1,595	$1.33	13d	1	0.94mi
1515 Flat Rock Rd Stockbridge, GA	3.0	2.0	1700	$1,536	$0.90	6d	1	1.10mi
70 Summerfield Ct Stockbridge, GA	3.0	2.0	1444	$1,795	$1.24	45d	1	1.28mi
125 Cowan Dr Stockbridge, GA	3.0	2.0	1710	$1,920	$1.12	16d	1	1.33mi
119 Lambert Dr Stockbridge, GA	3.0	2.0	1392	$1,800	$1.29	6d	1	1.44mi
115 Rock Quarry Rd Stockbridge, GA	2.0	1.0–2.0	1020	$1,349	$1.32	2d	6	1.48mi

Listing history 2 events

1. 2026-04-27
   listed $147,556 Active 246-char remark
2. 2002-11-06
   soldstatus $124,900

ⓘ 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: $3,833 · $319/mo
• Projected year-2 tax: $3,833 · $319/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 · 18 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 · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,955
• − Mortgage interest: −$8,265
• − Property taxes: −$3,833
• − Insurance: −$738
• − Repairs & maintenance: −$1,756
• − Management: −$1,756
• − Depreciation: −$4,293
• Taxable income: $1,313
• Est. tax owed @ 24.0%: −$315
• After-tax cash flow: $3,172/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 — Stockbridge

• Score: 60/100
• State rank: #389
• US rank: #19479

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Henry County · 316,359 people
• City population: 71,603
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 71,603
• Household income: $71,213
• Rent vs Own: 37.7% rent · 62.3% own
• Severe rent burden: 2464.0

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 0.61)
• Race & ethnicity: Black 55% White 28% Hispanic / Latino 11% Two or more races 6% Asian 4%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Hispanic 1% Italian 1% Romanian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 86% English-only · Spanish 8% Vietnamese 2% French/Haitian/Cajun 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: ▼ -104.76%
• Current HPI: 207.2332
• Rent YoY: ▲ 0.87%
• 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

+31.7% since first listed

4 events — show timeline

• 2026-06-05 Sold (MLS) $164,500 CGMLS
• 2026-05-21 Pending — CGMLS
• 2026-04-27 Listed $147,556 CGMLS
• 2002-11-06 Sold (Public Records) $124,900 Public Records

Property tax history

+5.7%/yr

Latest (2025): $3,833 · +8.3% YoY. Source: county tax records.