230 Alameda St · Lawrenceville, GA 30052

$289,900

3 bd · 2.5 ba · 1,785 sqft · SingleFamily · 27 Days on market

Built 2026 Good condition Est $391k · 26% 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 +11.2/30.0
• Livability +4.2/5.0
• Condition / age +3.8/5.0
• Schools +3.7/10.0
• 1% rule +3.3/10.0
• DSCR +3.3/10.0
• Rent growth +3.3/5.0
• 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. An open iron rail staircase le

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

Property features AI

Finance

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

Exterior

• Parking: 1 parking space
• Utilities: Electric service; Natural 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 heating; Central air conditioning
• Interior features: Spec new construction home (The Pinehurst plan)

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 $-113 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $273k (5.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $239k (17.5% below list).
• Recommended offer: $239k (17.5% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.8% in Lawrenceville — 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 85/100 on livability (#3 in GA, #473 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: schools C-, crime C-, employment D+.
• 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.
• Market conditions: Rents rising (+3.1%/yr); 847 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,607 units permitted in Gwinnett County in 2024 (1,277 in 5+ unit buildings).
• This rent runs 31% 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 27 days — a 2% lower offer ($286k) is reasonable based on typical stale-listing flexibility.

Recommended offer $239,240 (17.5% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.83% ✗
• Cap rate: 5.82%
• Cash-on-cash: -1.68%
• DSCR: 0.93
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $390,915
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1596 Poplarwood Ln	0.07mi	3/3.0	1,780 (-0%)	5mo	$390,000	$219	90
1811 Hayden Mill Ct	0.43mi	3/2.5	1,689 (-5%)	1mo	$385,000	$228	70
941 Garden Oak Ct	0.33mi	3/2.5	1,662 (-7%)	6mo	$369,000	$222	68
850 Ashley Laine Walk	0.38mi	3/2.5	1,911 (+7%)	5mo	$397,000	$208	66
568 Russell Rd	0.52mi	3/2.0	1,704 (-4%)	6mo	$228,000	$134	61
1795 Lawrenceville Suwanee Rd	0.55mi	3/2.0	1,683 (-6%)	3mo	$335,000	$199	60
1798 Lawrenceville Suwanee Rd	0.50mi	4/2.0 (+1)	1,878 (+5%)	4mo	$440,000	$234	57
1830 Mckendree Lake Dr	0.44mi	3/2.0	1,584 (-11%)	5mo	$350,000	$221	54
805 Meadowsong Cir	0.49mi	4/2.5 (+1)	2,000 (+12%)	2mo	$375,000	$188	51
1425 Wheatfield Dr	0.56mi	3/2.0	1,597 (-10%)	6mo	$346,000	$217	50
664 Stampmill Ct	0.54mi	3/2.0	2,011 (+13%)	4mo	$420,000	$209	48
940 Meadowsong Cir	0.40mi	4/2.5 (+1)	2,042 (+14%)	7mo	$450,000	$220	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: -18.9%
• Equity multiple: 0.34×
• Total profit: $-53,876
• Equity at exit: $43,225

10-year hold

• IRR: -11.2%
• Equity multiple: 0.32×
• Total profit: $-54,881
• 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 →

ZIP-level market 30052

• Home prices YoY: -31.8%
• Rents YoY: 3.1%
• Active inventory: 847
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,392 high
• Mortgage (P&I): −$1,520
• Tax est. 1.5%: −$362 /mo · $4,348/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$502
• Net cashflow: $-113

Break-even live

Break-even rent $2,536

Max offer price $273,485

Occupancy floor 100%

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
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
830 Meadowsong Cir Lawrenceville, GA	4.0	3.5	2156	$2,300	$1.07	12d	1	0.48mi
1570 Swan Valley Ct Lawrenceville, GA	4.0	2.5	2380	$2,600	$1.09	18d	1	0.49mi
652 Overlook Wood Way Lawrenceville, GA	4.0	2.5	2080	$2,400	$1.15	43d	1	0.60mi
1444 Riverwood Ct Lawrenceville, GA	3.0	2.0	1436	$1,799	$1.25	43d	1	0.64mi
1860 Suwanee Ridge Ct Lawrenceville, GA	3.0	2.0	1312	$1,890	$1.44	24d	1	0.66mi
1909 Suwanee Valley Rd Lawrenceville, GA	4.0	2.5	1824	$2,295	$1.26	43d	1	0.67mi
960 Summit Lake Trl Lawrenceville, GA	3.0	2.0	1880	$2,270	$1.21	5d	1	0.68mi
1021 Orchard Mill Ln Lawrenceville, GA	3.0	2.5	2190	$2,300	$1.05	43d	1	0.71mi
930 Misty Creek Ct Lawrenceville, GA	3.0	2.0	1608	$1,850	$1.15	5d	1	0.73mi
434 Ashwood Dr Lawrenceville, GA	3.0	2.0	1374	$1,801	$1.31	24d	1	0.87mi
1264 Gables View Pl Lawrenceville, GA	3.0	2.5	2366	$2,461	$1.04	5d	1	0.87mi
1570 Twin Bridge Ln Lawrenceville, GA	4.0	2.5	2498	$2,550	$1.02	43d	1	0.87mi
524 Meadowfield Ct Lawrenceville, GA	4.0	2.5	2240	$2,375	$1.06	43d	1	0.92mi
577 Woodland Park Ter Lawrenceville, GA	3.0	2.5	1940	$2,000	$1.03	18d	1	0.98mi
1264 Watercrest Cir Lawrenceville, GA	3.0	3.0	1700	$2,250	$1.32	12d	1	1.01mi
1630 Green Oak Cir Lawrenceville, GA	4.0	2.5	2602	$2,800	$1.08	20d	1	1.04mi
1175 McKendree Church Rd Lawrenceville, GA	1.0–3.0	1.0–2.0	1087	$2,085	$1.92	1d	43	1.06mi
1150 River Overlook Dr Lawrenceville, GA	4.0	2.5	2338	$3,250	$1.39	24d	1	1.11mi
1218 Raleigh Way Lawrenceville, GA	2.0	2.5	2410	$2,530	$1.05	16d	1	1.13mi
1033 Haley Woods Ln Lawrenceville, GA	4.0	2.5	1912	$2,330	$1.22	24d	1	1.21mi
1012 Haley Woods Ct Lawrenceville, GA	3.0	2.5	1839	$2,200	$1.20	2d	1	1.24mi
1047 Haley Woods Ct Unit 1 Lawrenceville, GA	3.0	2.5	1839	$2,300	$1.25	19d	1	1.24mi
1023 Habersham Ln Lawrenceville, GA	3.0	2.0	1450	$1,600	$1.10	43d	1	1.25mi
599 Rivulett Ct Lawrenceville, GA	3.0	2.5	1705	$2,200	$1.29	22d	1	1.26mi
1453 Allison Ct Lawrenceville, GA	3.0	2.0	1468	$2,100	$1.43	24d	1	1.33mi
1000 Duluth Hwy Lawrenceville, GA	1.0–2.0	1.0–2.0	1001	$1,599	$1.60	1d	20	1.39mi
1710 Omie Way Lawrenceville, GA	4.0	3.0	2400	$2,450	$1.02	12d	1	1.39mi
345 Oak Dr , GA	2.0–4.0	2.5	1797	$2,650	$1.47	5d	61	1.45mi
980 Walther Blvd Lawrenceville, GA	1.0–2.0	1.0–2.0	1033	$1,702	$1.65	1d	57	1.49mi

Listing history 13 events

1. 2026-06-18
   days on market $289,900 Active 27 DOM
2. 2026-06-17
   days on market $289,900 Active 26 DOM
3. 2026-06-16
   days on market $289,900 Active 25 DOM
4. 2026-06-15
   days on market $289,900 Active 24 DOM
5. 2026-06-13
   days on market $289,900 Active 22 DOM
6. 2026-06-09
   days on market $289,900 Active 18 DOM
7. 2026-06-08
   days on market $289,900 Active 17 DOM
8. 2026-06-07
   days on market $289,900 Active 16 DOM
9. 2026-06-04
   days on market $289,900 Active 13 DOM
10. 2026-06-03
    days on market $289,900 Active 12 DOM
11. 2026-06-02
    days on market $289,900 Active 11 DOM
12. 2026-06-01
    days on market $289,900 Active 10 DOM
13. 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: $28,709
• − Mortgage interest: −$16,239
• − Property taxes: −$4,348
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,297
• − Management: −$2,297
• − Depreciation: −$8,433
• Taxable loss: −$6,355
• Est. tax savings @ 24.0%: +$1,525
• After-tax cash flow: $164/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

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

Renovation cost estimate screening

Value-add ROI direction

• 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 ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

Livability — Lawrenceville

• Score: 85/100
• State rank: #3
• US rank: #473

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Walton County · 128,246 people
• City population: 276,247
• 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: 1174.0

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%

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%

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

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