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2329 Glebe Ct
C- Composite 51.59
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 +17.2/30.0
  • ARV discount +15.0/15.0
  • DSCR +5.3/10.0
  • 1% rule +4.1/10.0
  • Rent growth +3.1/5.0
  • Livability +3.1/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$218,500

2329 Glebe Ct · Lovejoy, GA 30228
3 bd · 2.0 ba · 1,315 sqft · SingleFamily public records · 106 Days on market
Built 2015 3,998 sqft lot $166/sqft · 29% below area Est $306k · 29% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

Key facts

  • Quiet cul-de-sac
  • Inviting front porch
  • Storage shed

Tags

QUIET CUL-DE-SACSPACIOUS FAMILY ROOMPRIVATE ENSUITE BATHROOMEAT-IN KITCHENINVITING FRONT PORCHSTORAGE SHED

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $218k.

Deal economics

  • At list price, monthly cash flow is $154 ($2k/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 (9.1% below list).
  • Recommended offer: $199k (9.1% below list) — sets the bar for 1% rule.
  • Cap rate 7.1% vs local median 4.4% in Lovejoy — 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 62/100 on livability (#317 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools F, 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 (+2.2%/yr); 547 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 865 units permitted in Clayton County in 2024 (448 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.
  • Clayton 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 106 days — a 9% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $22k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $198,652 (9.1% below list)

Questions for the listing agent

  1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.91%
Cap rate
7.14%
Cash-on-cash
3.03%
DSCR
1.13
GRM
9.2

CMA / ARV

ARV (median comp)
$306,364
List price
$218,500
Delta
-28.68%
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
11445 Vinea Way 0.22mi 3/2.0 1,317 (+0%) 8mo $240,000 $182 83
11529 Vinea Ln 0.27mi 3/2.0 1,307 (-1%) 7mo $253,000 $194 81
10454 Trellis Ln Unit (LOT 39) 0.13mi 3/2.0 1,164 (-12%) 8mo $292,830 $252 69
10458 Trellis Ln Unit (LOT 40) 0.13mi 3/2.0 1,164 (-12%) 10mo $284,205 $244 66
2208 Croghan Dr 0.21mi 3/2.5 1,440 (+10%) 9mo $274,993 $191 65
10421 Trellis Ln Unit (LOT 31) 0.13mi 3/2.0 1,501 (+14%) 7mo $319,050 $213 65
10417 Trellis Ln Unit (LOT 32) 0.13mi 3/2.0 1,501 (+14%) 8mo $315,270 $210 64
1492 Trellis Ct Unit (LOT 44) 0.13mi 3/2.0 1,501 (+14%) 11mo $318,000 $212 61
112 Alpine Rd 0.23mi 4/2.5 (+1) 1,440 (+10%) 11mo $386,190 $268 57
12039 Quail Dr 0.48mi 3/2.5 1,400 (+6%) 9mo $240,000 $171 57
1938 Bertha Ct 0.72mi 3/2.0 1,438 (+9%) 0mo $249,000 $173 50
11581 Kades Trl 0.67mi 3/2.0 1,456 (+11%) 7mo $249,000 $171 45

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 · 2.2% rent growth · sell at horizon

5-year hold
IRR
-12.4%
Equity multiple
0.56×
Total profit
$-27,196
Equity at exit
$32,579
10-year hold
IRR
-4.5%
Equity multiple
0.71×
Total profit
$-17,552
Equity at exit
$18,892

Cash invested: $61,180 (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.

ZIP-level market 30228

Home prices YoY
-24.3%
Rents YoY
2.2%
Active inventory
547
Price-to-rent
9.2×

Monthly cashflow live

Estimated rent
$1,987 high interval (Pro) →
Mortgage (P&I)
$1,146
Tax from tax record
$178 /mo · $2,139/yr
Insurance
$91
HOA
$0
Vacancy / Maint / Mgmt
$417
Net cashflow
$154

Break-even live

Break-even rent $1,791
Max offer price $218,500
Occupancy floor 87%

Sensitivity live

Price -10% $278 -5% $216 +0% $154 +5% $92 +10% $31
Rent -10% $-3 -5% $76 +0% $154 +5% $233 +10% $311
Rate -1.0pp $264 -0.5pp $210 base $154 +0.5pp $98 +1.0pp $40

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
$54,625
Closing costs
$6,555
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10938 Wheeler Trce Lovejoy, GA 3.0 3.0 1692 $1,879 $1.11 44d 1 0.17mi
11560 Winston Dr Lovejoy, GA 3.0 3.0 1710 $2,710 $1.58 44d 1 0.18mi
2257 Sugarleaf Trl Lovejoy, GA 3.0 2.0 1624 $1,775 $1.09 44d 1 0.27mi
11523 Vinea Ln Lovejoy, GA 3.0 2.0 1557 $1,850 $1.19 44d 1 0.31mi
11649 Mendenhall Ct Hampton, GA 3.0 2.5 1568 $2,300 $1.47 21d 1 0.37mi
2411 Brianna Dr Lovejoy, GA 3.0 2.0 1432 $1,826 $1.28 3d 1 0.37mi
11722 Chatham Dr Hampton, GA 3.0 2.5 1600 $2,300 $1.44 25d 1 0.40mi
11352 Michelle Way Lovejoy, GA 3.0 2.5 1440 $1,485 $1.03 13d 1 0.42mi
2367 Brianna Dr Lovejoy, GA 3.0 2.5 1440 $1,695 $1.18 44d 1 0.43mi
2361 Brianna Dr Lovejoy, GA 3.0 2.5 1384 $1,525 $1.10 22d 1 0.44mi
2306 Nicole Dr Lovejoy, GA 3.0 2.5 1324 $1,800 $1.36 44d 1 0.47mi
2056 Registry Pl Lovejoy, GA 3.0 2.0 1488 $1,825 $1.23 44d 1 0.48mi
2275 Nicole Dr Lovejoy, GA 4.0 2.0 1800 $1,835 $1.02 6d 1 0.49mi
11866 Registry Blvd Unit 1 Hampton, GA 3.0 2.0 1488 $1,650 $1.11 25d 1 0.50mi
2251 Nicole Dr #119 Hampton, GA 3.0 2.5 1324 $1,700 $1.28 25d 1 0.50mi
11942 Fuller St Lovejoy, GA 3.0 2.5 1421 $1,639 $1.15 44d 1 0.51mi
11940 Fuller St Lovejoy, GA 3.0 2.5 1421 $1,699 $1.20 44d 1 0.51mi
11522 Kimberly Way Lovejoy, GA 3.0 2.5 1700 $2,200 $1.29 5d 1 0.54mi
11531 Kimberly Way Lovejoy, GA 3.0 2.5 1579 $2,200 $1.39 5d 1 0.54mi
11877 Fuller St Lovejoy, GA 3.0 2.5 1386 $1,609 $1.16 25d 1 0.60mi
12227 Tara Blvd Lovejoy, GA 1.0–3.0 1.0–2.0 1179 $1,913 $1.62 2d 13 0.74mi
1992 Lovejoy Rd Lovejoy, GA 1.0–3.0 1.0–2.0 1085 $1,902 $1.75 2d 25 0.77mi
30 Winston Way Hampton, GA 3.0 2.0 924 $1,400 $1.52 44d 1 0.88mi
2019 Grove Way Lovejoy, GA 3.0 2.5 1524 $1,395 $0.92 44d 1 0.91mi
1902 Grove Way Lovejoy, GA 3.0 2.5 1592 $1,555 $0.98 4d 1 0.93mi
1863 Grove Way Lovejoy, GA 3.0 2.5 1592 $1,660 $1.04 25d 1 0.96mi
1781 Fielding Way Lovejoy, GA 3.0 2.5 1370 $1,545 $1.13 44d 1 1.05mi
10997 Big Sky Dr Lovejoy, GA 2.0 1.0 1110 $1,250 $1.13 6d 1 1.05mi
11236 James Madison Dr Hampton, GA 3.0 2.5 1518 $1,870 $1.23 44d 1 1.07mi
2762 Hunters Ct Hampton, GA 3.0 2.5 1702 $1,870 $1.10 21d 1 1.19mi
1578 Onalee Dr Hampton, GA 3.0 2.5 1709 $1,800 $1.05 25d 1 1.24mi
11015 Tara Blvd Lovejoy, GA 1.0–3.0 1.0–2.0 1113 $1,815 $1.63 44d 1 1.33mi
10911 Tara Blvd Lovejoy, GA 1.0–3.0 1.0–2.0 1150 $1,795 $1.56 44d 1 1.47mi
11035 Shannon Cir Hampton, GA 3.0 2.0 1320 $1,606 $1.22 13d 1 1.49mi

Listing history 24 events

  1. 2026-06-18
    days on market $218,500 Active 106 DOM
  2. 2026-06-17
    days on market $218,500 Active 105 DOM
  3. 2026-06-16
    days on market $218,500 Active 104 DOM
  4. 2026-06-15
    days on market $218,500 Active 103 DOM
  5. 2026-06-13
    statusdays on market $218,500 Active 101 DOM
  6. 2026-06-03
    status $218,500 Pending 98 DOM
  7. 2026-06-02
    days on market $218,500 Active Under Contract 98 DOM
  8. 2026-06-01
    days on market $218,500 Active Under Contract 97 DOM
  9. 2026-06-01
    status $218,500 Active Under Contract 96 DOM
  10. 2026-05-31
    days on market $218,500 Active 96 DOM
  11. 2026-05-10
    price $219,000 737-char remark
    Show marketing remark (749 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you’ll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm — all in a desirable, low-traffic location!

  12. 2026-05-10
    price $219,000 749-char remark
    Show marketing remark (749 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you’ll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm — all in a desirable, low-traffic location!

  13. 2026-04-30
    price $220,000 749-char remark
    Show marketing remark (737 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

  14. 2026-04-30
    price $220,000 737-char remark
    Show marketing remark (737 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

  15. 2026-04-15
    price $225,000 737-char remark
    Show marketing remark (749 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you’ll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm — all in a desirable, low-traffic location!

  16. 2026-04-15
    price $225,000 749-char remark
    Show marketing remark (749 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you’ll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm — all in a desirable, low-traffic location!

  17. 2026-03-27
    price $230,000 749-char remark
    Show marketing remark (737 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

  18. 2026-03-27
    price $230,000 737-char remark
    Show marketing remark (737 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

  19. 2026-03-06
    price $235,000 749-char remark
    Show marketing remark (737 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

  20. 2026-03-06
    price $235,000 737-char remark
    Show marketing remark (737 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you'll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm - all in a desirable, low-traffic location!

  21. 2026-02-24
    listed $240,000 New 737-char remark
    Show marketing remark (749 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you’ll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm — all in a desirable, low-traffic location!

  22. 2026-02-24
    listed $240,000 Active 749-char remark
    Show marketing remark (749 chars)

    Perfect opportunity for first-time homebuyers or those looking to downsize! This charming 3-bedroom, 2-bath home is perfectly nestled on a quiet cul-de-sac street with only a few homes in the community, offering added privacy and a peaceful setting. Inside, you’ll find a spacious family room ideal for relaxing or entertaining. The primary bedroom features a private ensuite bathroom, creating a comfortable retreat at the end of the day. The eat-in kitchen provides a cozy space for everyday meals and gatherings. Enjoy your morning coffee on the inviting front porch and take advantage of the storage shed for extra space and organization. This home combines comfort, convenience, and charm — all in a desirable, low-traffic location!

  23. 2026-01-15
    soldstatus $240,000
  24. 2014-02-18
    soldstatus $49,900

ⓘ 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
$2,139 · $178/mo
Projected year-2 tax
$2,139 · $178/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 · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,838
− Mortgage interest
−$12,239
− Property taxes
−$2,139
− Insurance
−$1,092
− Repairs & maintenance
−$1,907
− Management
−$1,907
− Depreciation
−$6,356
Taxable loss
−$1,803
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$433
After-tax cash flow
$2,284/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 — Lovejoy

Score
62/100
State rank
#317
US rank
#17071

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lovejoy, GA
County
Henry County · 316,359 people
City population
606
Metro
Atlanta-Sandy Springs-Alpharetta, GA
Population (ZIP)
52,402
Household income
$82,619
Rent vs Own
27.9% rent · 72.1% own
Severe rent burden
1285.0

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
Majority Black (63%)
Race & ethnicity
Black 63% White 23% Hispanic / Latino 8% Two or more races 6% Asian 2%
Hispanic origin (detail)
Mexican 5% Puerto Rican 1%
Common ancestry
Hispanic 4% Lithuanian 1% Italian 1%
Foreign-born
9% · Canada, Vietnam, Jamaica
Languages at home
89% English-only · Spanish 6% French/Haitian/Cajun 2% Vietnamese 1%

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
▼ -71.11%
Current HPI
222.0357
Rent YoY
▲ 2.20%
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

Price history

+338.9% since first listed
14 events — show timeline
  • 2026-05-10 Price Changed $219,000 GAMLS
  • 2026-05-10 Price Changed $219,000 FMLS
  • 2026-04-30 Price Changed $220,000 FMLS
  • 2026-04-30 Price Changed $220,000 GAMLS
  • 2026-04-15 Price Changed $225,000 GAMLS
  • 2026-04-15 Price Changed $225,000 FMLS
  • 2026-03-27 Price Changed $230,000 FMLS
  • 2026-03-27 Price Changed $230,000 GAMLS
  • 2026-03-06 Price Changed $235,000 FMLS
  • 2026-03-06 Price Changed $235,000 GAMLS
  • 2026-02-24 Listed $240,000 FMLS
  • 2026-02-24 Listed $240,000 GAMLS
  • 2026-01-15 Sold (Public Records) $240,000 Public Records
  • 2014-02-18 Sold (Public Records) $49,900 Public Records

Property tax history

+11.6%/yr

Latest (2025): $2,139 · -2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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