230 Alameda St · Loganville, GA 30052

$289,900

3 bd · 2.5 ba · 1,785 sqft · SingleFamily · 75 Days on market

Built 2026 Good condition $162/sqft · 24% below area Est $384k · 24% under

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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).

• ARV discount +15.0/15.0
• Cash flow +10.6/30.0
• Condition / age +3.8/5.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Rent growth +3.3/5.0
• 1% rule +3.1/10.0
• DSCR +3.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Move-In Ready September! The Pinehurst floorplan in Smith Douglas Homes highly anticipated Fuller Station community where location truly stands out. This End unit Pinehurst is an exceptional townhome with only one home attached. This spacious townhome offers an open-concept design with upscale finishes throughout, including a kitchen with 42 upper cabinets, a center island, tile backsplash, granite countertops, and a sleek nickel interior package featuring stylish chrome finishes and upgraded lighting. The family room is anchored by a modern linear fireplace and enhanced with a ceiling fan and designer light fixtures, creating a warm and inviting living space.

Key facts

• Open concept design
• Granite countertops
• Center island

Tags

• OPEN CONCEPT DESIGN
• KITCHEN WITH 42 UPPER CABINETS
• CENTER ISLAND
• TILE BACKSPLASH
• GRANITE COUNTERTOPS
• MODERN LINEAR FIREPLACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $290k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-144 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $269k (7.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (18.8% below list).
• Recommended offer: $235k (18.8% below list) — sets the bar for 1% rule.
• Cap rate 5.7% vs local median 4.0% in Loganville — 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 74/100 on livability (#39 in GA, #4,689 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A-; Watch: amenities F, commute F.
• Gwinnett County (suburban): math 39% / reading 43% proficiency, ranked #32 of 174 in GA (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Mckendree Elementary School (math 33% / reading 30%, grade F, #612 of 1,228 statewide, top 50%, 1,013 students, 67% FRL); Creekland Middle School (math 39% / reading 46%, grade D-, #122 of 470 statewide, top 26%, 1,860 students, 52% FRL); Collins Hill High School (math 23% / reading 43%, grade F, #101 of 424 statewide, top 24%, 2,695 students, 46% FRL).
• Market conditions: Rents rising (+3.1%/yr); 1263 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 77d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 5,607 units permitted in Gwinnett County in 2024 (1,277 in 5+ unit buildings).
• This rent runs 30% of the median local income ($94k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Gwinnett County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($273k) is reasonable based on typical stale-listing flexibility.

Recommended offer $235,314 (18.8% 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 75 days. Have you received any prior offers? Is the seller open to a 19% 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. 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: 0.81% ✗
• Cap rate: 5.69%
• Cash-on-cash: -2.14%
• DSCR: 0.90
• GRM: 10.3

CMA / ARV

• ARV (median comp): $383,785
• List price: $289,900
• Delta: -24.46%
• 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
860 Meadowsong Cir	0.45mi	3/2.5	1,744 (-2%)	4mo	$325,000	$186	72
1585 Glen Rose Ct	0.19mi	3/2.0	1,612 (-10%)	4mo	$360,000	$223	70
1587 Heartwood Dr	0.08mi	3/2.0	2,044 (+14%)	3mo	$380,000	$186	68
1955 Keswick Place Dr	0.44mi	4/3.5 (+1)	1,788 (+0%)	3mo	$385,000	$215	68
1811 Hayden Mill Ct	0.43mi	3/2.5	1,689 (-5%)	4mo	$385,000	$228	68
825 Meadowsong Cir	0.49mi	4/2.5 (+1)	1,857 (+4%)	3mo	$374,999	$202	63
1381 Shady Cove Ln	0.65mi	3/2.0	1,724 (-3%)	2mo	$377,000	$219	61
680 Trellis Pond Ct	0.73mi	3/2.0	1,747 (-2%)	0mo	$337,900	$193	60
1795 Lawrenceville Suwanee Rd	0.55mi	3/2.0	1,683 (-6%)	6mo	$335,000	$199	58
1798 Lawrenceville Suwanee Rd	0.50mi	4/2.0 (+1)	1,878 (+5%)	8mo	$440,000	$234	55
805 Meadowsong Cir	0.49mi	4/2.5 (+1)	2,000 (+12%)	5mo	$375,000	$188	48
664 Stampmill Ct	0.54mi	3/2.0	2,011 (+13%)	7mo	$420,000	$209	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 · 3.12% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.31×
• Total profit: $-55,857
• Equity at exit: $43,225

10-year hold

• IRR: -12.2%
• Equity multiple: 0.27×
• Total profit: $-59,171
• Equity at exit: $25,065

Cash invested: $81,172 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 27 active · 21 under contract
• Months of supply: 7.0 mo (14%/mo absorbed)
• Median asking: $360,000 ($190/sqft)
• Median days on market: 35 d
• This list price: 30% of active listings are priced below it
• ARV vs active asking: +13.1% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 30052

• Home prices YoY: -31.8%
• Rents YoY: 3.1%
• Active inventory: 1263
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,353 high
• Mortgage (P&I): −$1,520
• Tax est. 1.5%: −$362 /mo · $4,348/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$494
• Net cashflow: $-144

Break-even live

Break-even rent $2,536

Max offer price $268,997

Occupancy floor —

Sensitivity live

Price	-10% $56	-5% $-44	+0% $-144	+5% $-245	+10% $-345
Rent	-10% $-330	-5% $-237	+0% $-144	+5% $-52	+10% $41
Rate	-1.0pp $2	-0.5pp $-71	base $-144	+0.5pp $-220	+1.0pp $-296

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: $72,475
• Closing costs: $8,697
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
964 Bexhill Dr Lawrenceville, GA	3.0	2.5	1868	$2,045	$1.09	7d	1	0.21mi
909 Michael Lee Way Lawrenceville, GA	3.0	2.0	2000	$2,299	$1.15	82d	1	0.23mi
625 Waltman Point Pl Lawrenceville, GA	3.0	2.5	1750	$2,195	$1.25	69d	1	0.35mi
625 Waltman Point Pl Lawrenceville, GA	3.0	2.5	1750	$2,195	$1.25	72d	1	0.35mi
615 Waltman Point Pl Lawrenceville, GA	4.0	2.0	1842	$2,275	$1.24	65d	1	0.37mi
620 Claredon Ct Lawrenceville, GA	4.0	2.5	2002	$2,215	$1.11	6d	1	0.45mi
830 Meadowsong Cir Lawrenceville, GA	4.0	3.5	2156	$2,300	$1.07	108d	1	0.48mi
1570 Swan Valley Ct Lawrenceville, GA	4.0	2.5	2380	$2,600	$1.09	114d	1	0.49mi
570 Sterling Pointe Ct Lawrenceville, GA	4.0	2.5	1729	$2,400	$1.39	45d	1	0.57mi
652 Overlook Wood Way Lawrenceville, GA	4.0	2.5	2080	$2,400	$1.15	139d	1	0.60mi
1444 Riverwood Ct Lawrenceville, GA	3.0	2.0	1436	$1,799	$1.25	139d	1	0.64mi
1398 Field Creek Ter Lawrenceville, GA	3.0	2.5	1948	$2,390	$1.23	11d	1	0.65mi
1860 Suwanee Ridge Ct Lawrenceville, GA	3.0	2.0	1312	$1,875	$1.43	93d	1	0.66mi
1909 Suwanee Valley Rd Lawrenceville, GA	4.0	2.5	1824	$2,295	$1.26	139d	1	0.67mi
1909 Suwanee Valley Rd Lawrenceville, GA	4.0	2.5	1824	$1,995	$1.09	0d	1	0.67mi
960 Summit Lake Trl Lawrenceville, GA	3.0	2.0	1880	$2,220	$1.18	88d	1	0.68mi
1021 Orchard Mill Ln Lawrenceville, GA	3.0	2.5	2190	$2,300	$1.05	139d	1	0.71mi
930 Misty Creek Ct Lawrenceville, GA	3.0	2.0	1608	$1,850	$1.15	100d	1	0.73mi
865 Trellis Pond Ct Lawrenceville, GA	3.0	2.0	2085	$1,610	$0.77	19d	1	0.79mi
710 Station View Run Lawrenceville, GA	3.0	2.5	2348	$2,295	$0.98	62d	1	0.83mi
434 Ashwood Dr Lawrenceville, GA	3.0	2.0	1374	$1,801	$1.31	120d	1	0.87mi
1264 Gables View Pl Lawrenceville, GA	3.0	2.5	2366	$2,196	$0.93	51d	1	0.87mi
1570 Twin Bridge Ln Lawrenceville, GA	4.0	2.5	2498	$2,550	$1.02	139d	1	0.87mi
1182 Plunkett Way Lawrenceville, GA	3.0	2.0	1392	$1,899	$1.36	6d	1	0.92mi
524 Meadowfield Ct Lawrenceville, GA	4.0	2.5	2240	$2,375	$1.06	139d	1	0.92mi
577 Woodland Park Ter Lawrenceville, GA	3.0	2.5	1940	$2,000	$1.03	114d	1	0.98mi
1875 Marsh Creek Dr Lawrenceville, GA	3.0	2.0	1796	$2,241	$1.25	26d	1	0.99mi
561 Woodland Park Ter Lawrenceville, GA	3.0	2.5	1689	$2,000	$1.18	49d	1	1.00mi
2104 Watercrest Cir Lawrenceville, GA	3.0	2.5	1796	$2,165	$1.21	76d	1	1.00mi
1264 Watercrest Cir Lawrenceville, GA	3.0	3.0	1700	$2,150	$1.26	19d	1	1.01mi
1264 Watercrest Cir Lawrenceville, GA	3.0	3.0	1700	$2,150	$1.26	67d	1	1.01mi
1630 Green Oak Cir Lawrenceville, GA	4.0	2.5	2602	$2,700	$1.04	89d	1	1.04mi
1175 McKendree Church Rd Lawrenceville, GA	1.0–3.0	1.0–2.0	1087	$1,804	$1.66	5d	40	1.06mi
1150 River Overlook Dr Lawrenceville, GA	4.0	2.5	2338	$3,250	$1.39	120d	1	1.11mi
1218 Raleigh Way Lawrenceville, GA	3.0	2.5	2410	$2,310	$0.96	69d	1	1.13mi
1475 Watercrest Cir Lawrenceville, GA	3.0	2.5	1660	$1,919	$1.16	19d	1	1.16mi
545 River Overlook Dr Lawrenceville, GA	4.0	2.5	2600	$2,400	$0.92	19d	1	1.17mi
1000 Parkside Wood Ct Lawrenceville, GA	3.0	2.5	1839	$2,150	$1.17	84d	1	1.17mi
1033 Haley Woods Ln Lawrenceville, GA	4.0	2.5	1912	$2,330	$1.22	88d	1	1.21mi
1033 Haley Woods Ln Lawrenceville, GA	4.0	2.5	1912	$2,330	$1.22	120d	1	1.21mi

Property features AI

Finance

• Other: Living area approximately 1,785
• Financial info: List price $291,345

Exterior

• Parking: 1 parking space
• Utilities: Electric serviceNatural gas service
• Home design: Single-family home (The Pinehurst)Active listing
• Exterior features: Located at 230 Alameda St, Loganville, GA

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Heating & cooling: Electric, natural gas, and heat pump heatingCentral air conditioning
• Interior features: Spec new construction home (The Pinehurst plan)

Listing history 49 events

1. 2026-08-05
   days on market $289,900 Active 75 DOM
2. 2026-08-04
   days on market $289,900 Active 74 DOM
3. 2026-08-03
   days on market $289,900 Active 73 DOM
4. 2026-07-31
   days on market $289,900 Active 70 DOM
5. 2026-07-30
   days on market $289,900 Active 69 DOM
6. 2026-07-30
   days on market $289,900 Active 68 DOM
7. 2026-07-28
   days on market $289,900 Active 67 DOM
8. 2026-07-26
   days on market $289,900 Active 65 DOM
9. 2026-07-24
   days on market $289,900 Active 63 DOM
10. 2026-07-23
    days on market $289,900 Active 62 DOM
11. 2026-07-22
    days on market $289,900 Active 61 DOM
12. 2026-07-21
    days on market $289,900 Active 60 DOM
13. 2026-07-18
    days on market $289,900 Active 57 DOM
14. 2026-07-18
    days on market $289,900 Active 56 DOM
15. 2026-07-16
    days on market $289,900 Active 55 DOM
16. 2026-07-15
    days on market $289,900 Active 54 DOM
17. 2026-07-14
    days on market $289,900 Active 53 DOM
18. 2026-07-13
    days on market $289,900 Active 52 DOM
19. 2026-07-13
    days on market $289,900 Active 51 DOM
20. 2026-07-11
    days on market $289,900 Active 50 DOM
21. 2026-07-10
    days on market $289,900 Active 49 DOM
22. 2026-07-09
    days on market $289,900 Active 48 DOM
23. 2026-07-07
    days on market $289,900 Active 46 DOM
24. 2026-07-06
    days on market $289,900 Active 45 DOM
25. 2026-07-06
    days on market $289,900 Active 44 DOM
26. 2026-07-05
    days on market $289,900 Active 43 DOM
27. 2026-07-03
    days on market $289,900 Active 42 DOM
28. 2026-07-02
    days on market $289,900 Active 41 DOM
29. 2026-07-01
    days on market $289,900 Active 40 DOM
30. 2026-06-30
    days on market $289,900 Active 39 DOM
31. 2026-06-29
    days on market $289,900 Active 38 DOM
32. 2026-06-28
    days on market $289,900 Active 37 DOM
33. 2026-06-27
    days on market $289,900 Active 36 DOM
34. 2026-06-26
    days on market $289,900 Active 35 DOM
35. 2026-06-24
    days on market $289,900 Active 33 DOM
36. 2026-06-22
    days on market $289,900 Active 30 DOM
37. 2026-06-18
    days on market $289,900 Active 27 DOM
38. 2026-06-17
    days on market $289,900 Active 26 DOM
39. 2026-06-16
    days on market $289,900 Active 25 DOM
40. 2026-06-15
    days on market $289,900 Active 24 DOM
41. 2026-06-13
    days on market $289,900 Active 22 DOM
42. 2026-06-09
    days on market $289,900 Active 18 DOM
43. 2026-06-08
    days on market $289,900 Active 17 DOM
44. 2026-06-07
    days on market $289,900 Active 16 DOM
45. 2026-06-04
    days on market $289,900 Active 13 DOM
46. 2026-06-03
    days on market $289,900 Active 12 DOM
47. 2026-06-02
    days on market $289,900 Active 11 DOM
48. 2026-06-01
    days on market $289,900 Active 10 DOM
49. 2026-05-31
    days on market $289,900 Active 9 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $28,238
• − Mortgage interest: −$16,239
• − Property taxes: −$4,348
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,259
• − Management: −$2,259
• − Depreciation: −$8,433
• Taxable loss: −$6,751
• Est. tax savings @ 24.0%: +$1,620
• After-tax cash flow: $-113/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.

Condition & rehab AI · 2 photos

Good 75/100 Cosmetic rehab Est. rehab $8,925–$26,775 screening

This move-in ready townhome in the Fuller Station community is in good condition with no major repairs needed. It offers a spacious layout and upscale finishes, making it an excellent investment.

Value-add opportunities

• Both Painting exterior siding — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both Interior touch-ups — Enhances interior aesthetics and value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 36/100

Zoned Schools

Elementary Mckendree Elementary School F GA #612/1,228 Nat'l #25,956/41,679 Middle Creekland Middle School D- GA #122/470 Nat'l #5,285/14,009 High Collins Hill High School F GA #101/424 Nat'l #10,273/17,239

Schools (NCES district)

• District: Gwinnett County
• NCES district ID: 1302550
• Math proficiency: 39% ▼ -15.00%
• Reading proficiency: 43% ▼ -10.00%
• Median HH income: $62,416
• Composite: 36.5/100
• National rank: #4648
• State rank: #32 of 174 in GA

B Composite livability gradescore 74/100

Livability — Loganville

• Score: 74/100
• State rank: #39
• US rank: #4689

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Walton County · 1,106,028 people
• City population: 79,811
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 79,811
• Household income: $93,764
• Rent vs Own: 19.3% rent · 80.7% own
• Severe rent burden: 16% of renters

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Population outlook (Gwinnett County) Hauer SSP2

• Today (2025): 1,106,028 people
• By 2030: 1,211,414 · +9.5%
• By 2040: 1,422,277 · +28.6%
• By 2050: 1,623,204 · +46.8%
• By 2075: 2,105,240 · +90.3%
• By 2100: 2,443,321 · +120.9%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 48% Black 33% Hispanic / Latino 13% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 3% Cuban 1%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 1%
• Foreign-born: 13% · Canada, Jamaica, Vietnam
• Languages at home: 84% English-only · Spanish 10% French/Haitian/Cajun 1% Other Indo-European 1%

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Political lean MEDSL · Gwinnett

• 2024 margin: D (+16.5) · D 57.6% · R 41.1% · Other 1.2%
• 2008→2024 swing: +26.8pp toward D · 2008: -10.2pp · 2024: 16.5pp
• All cycles: 2024: D+16.5 2020: D+18.3 2016: D+5.8 2012: R+9.4 2008: R+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -98.77%
• Current HPI: 212.1241
• Rent YoY: ▲ 3.12%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

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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

Property features AI

Finance

• Other: Living area approximately 1,785
• Financial info: List price $291,345

Exterior

• Parking: 1 parking space
• Utilities: Electric serviceNatural gas service
• Home design: Single-family home (The Pinehurst)Active listing
• Exterior features: Located at 230 Alameda St, Loganville, GA

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Heating & cooling: Electric, natural gas, and heat pump heatingCentral air conditioning
• Interior features: Spec new construction home (The Pinehurst plan)