1380 Old Cedartown Rd · Lindale, GA 30147

$135,000

3 bd · 1.0 ba · 1,371 sqft · SingleFamily public records · 34 Days on market

Built 1945 1.75 ac lot

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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).

• Cash flow +15.5/30.0
• ARV discount +7.5/15.0
• DSCR +4.8/10.0
• 1% rule +4.2/10.0
• Schools +3.5/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 1380 Old Cedartown Rd SE, a fantastic fixer-upper opportunity located in the charming town of Lindale, Georgia. This property is just waiting for someone with vision and creativity to transform it into their dream home. Whether you're an experienced investor or a first-time buyer looking to add your personal touch, this property presents an exciting opportunity to create something truly special! The layout offers flexibility and allows you to customize the rooms to suit your preferences and lifestyle. Situated on a generous lot, this property offers ample outdoor space for landscaping, gardening, or creating an inviting outdoor retreat. The surrounding neighborhood is peaceful and offers a sense of tranquility that adds to this homes charm. Conveniently located near local amenities, schools, and shops, this property offers the perfect balance between rural living and accessibility to urban conveniences. Schedule a viewing today and let your imagination take flight!

Key facts

• 1.75 acre lot
• Garage
• Built 1945

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $54 ($644/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 $124k (8.0% below list).
• Recommended offer: $124k (8.0% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.2% in Lindale — 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 59/100 on livability (#411 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, amenities F, commute F.
• Floyd County (rural): math 41% / reading 40% proficiency, ranked #45 of 174 in GA (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Pepperell Primary (464 students, 60% FRL); Pepperell Middle School (math 36% / reading 36%, grade F, #178 of 470 statewide, top 39%, 520 students, 64% FRL); Pepperell High School (math 32% / reading 32%, grade F, #110 of 424 statewide, top 28%, 896 students, 49% FRL).
• Market conditions: 39 active listings in the ZIP; 355 units permitted in Floyd County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Floyd County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,218 (8.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.92% ✗
• Cap rate: 6.77%
• Cash-on-cash: 1.70%
• DSCR: 1.08
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $276,942
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1261 Old Cedartown Rd SE	0.30mi	2/2.0 (-1)	1,233 (-10%)	9mo	$249,000	$202	53

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.6%
• Equity multiple: 0.51×
• Total profit: $-18,443
• Equity at exit: $20,129

10-year hold

• IRR: -4.7%
• Equity multiple: 0.69×
• Total profit: $-11,596
• Equity at exit: $11,672

Cash invested: $37,800 (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 30147

• Home prices YoY: -14.3%
• Active inventory: 39
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,242 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$163 /mo · $1,962/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $54

Break-even live

Break-even rent $1,174

Max offer price $135,000

Occupancy floor 91%

Sensitivity live

Price	-10% $130	-5% $92	+0% $54	+5% $15	+10% $-23
Rent	-10% $-44	-5% $5	+0% $54	+5% $103	+10% $152
Rate	-1.0pp $122	-0.5pp $88	base $54	+0.5pp $19	+1.0pp $-17

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2023-07-27
   soldstatus $135,000
2. 2023-07-26
   soldstatus $135,000 Sold 995-char remark

   Show marketing remark (995 chars)

   Welcome to 1380 Old Cedartown Rd SE, a fantastic fixer-upper opportunity located in the charming town of Lindale, Georgia. This property is just waiting for someone with vision and creativity to transform it into their dream home. Whether you're an experienced investor or a first-time buyer looking to add your personal touch, this property presents an exciting opportunity to create something truly special! The layout offers flexibility and allows you to customize the rooms to suit your preferences and lifestyle. Situated on a generous lot, this property offers ample outdoor space for landscaping, gardening, or creating an inviting outdoor retreat. The surrounding neighborhood is peaceful and offers a sense of tranquility that adds to this homes charm. Conveniently located near local amenities, schools, and shops, this property offers the perfect balance between rural living and accessibility to urban conveniences. Schedule a viewing today and let your imagination take flight!

3. 2023-07-13
   status Pending
4. 2023-07-07
   historical Active Under Contract

   Show marketing remark (995 chars)

   Welcome to 1380 Old Cedartown Rd SE, a fantastic fixer-upper opportunity located in the charming town of Lindale, Georgia. This property is just waiting for someone with vision and creativity to transform it into their dream home. Whether you're an experienced investor or a first-time buyer looking to add your personal touch, this property presents an exciting opportunity to create something truly special! The layout offers flexibility and allows you to customize the rooms to suit your preferences and lifestyle. Situated on a generous lot, this property offers ample outdoor space for landscaping, gardening, or creating an inviting outdoor retreat. The surrounding neighborhood is peaceful and offers a sense of tranquility that adds to this homes charm. Conveniently located near local amenities, schools, and shops, this property offers the perfect balance between rural living and accessibility to urban conveniences. Schedule a viewing today and let your imagination take flight!

5. 2023-07-07
   historical Active Under Contract 995-char remark

   Show marketing remark (995 chars)

   Welcome to 1380 Old Cedartown Rd SE, a fantastic fixer-upper opportunity located in the charming town of Lindale, Georgia. This property is just waiting for someone with vision and creativity to transform it into their dream home. Whether you're an experienced investor or a first-time buyer looking to add your personal touch, this property presents an exciting opportunity to create something truly special! The layout offers flexibility and allows you to customize the rooms to suit your preferences and lifestyle. Situated on a generous lot, this property offers ample outdoor space for landscaping, gardening, or creating an inviting outdoor retreat. The surrounding neighborhood is peaceful and offers a sense of tranquility that adds to this homes charm. Conveniently located near local amenities, schools, and shops, this property offers the perfect balance between rural living and accessibility to urban conveniences. Schedule a viewing today and let your imagination take flight!

6. 2023-06-08
   listed $135,000 New 995-char remark

   Show marketing remark (995 chars)

   Welcome to 1380 Old Cedartown Rd SE, a fantastic fixer-upper opportunity located in the charming town of Lindale, Georgia. This property is just waiting for someone with vision and creativity to transform it into their dream home. Whether you're an experienced investor or a first-time buyer looking to add your personal touch, this property presents an exciting opportunity to create something truly special! The layout offers flexibility and allows you to customize the rooms to suit your preferences and lifestyle. Situated on a generous lot, this property offers ample outdoor space for landscaping, gardening, or creating an inviting outdoor retreat. The surrounding neighborhood is peaceful and offers a sense of tranquility that adds to this homes charm. Conveniently located near local amenities, schools, and shops, this property offers the perfect balance between rural living and accessibility to urban conveniences. Schedule a viewing today and let your imagination take flight!

7. 2023-06-08
   listed $135,000 Active

   Show marketing remark (995 chars)

   Welcome to 1380 Old Cedartown Rd SE, a fantastic fixer-upper opportunity located in the charming town of Lindale, Georgia. This property is just waiting for someone with vision and creativity to transform it into their dream home. Whether you're an experienced investor or a first-time buyer looking to add your personal touch, this property presents an exciting opportunity to create something truly special! The layout offers flexibility and allows you to customize the rooms to suit your preferences and lifestyle. Situated on a generous lot, this property offers ample outdoor space for landscaping, gardening, or creating an inviting outdoor retreat. The surrounding neighborhood is peaceful and offers a sense of tranquility that adds to this homes charm. Conveniently located near local amenities, schools, and shops, this property offers the perfect balance between rural living and accessibility to urban conveniences. Schedule a viewing today and let your imagination take flight!

ⓘ 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: $1,962 · $163/mo
• Projected year-2 tax: $1,962 · $163/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 6/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,906
• − Mortgage interest: −$7,562
• − Property taxes: −$1,962
• − Insurance: −$675
• − Repairs & maintenance: −$1,192
• − Management: −$1,192
• − Depreciation: −$3,927
• Taxable loss: −$1,605
• Est. tax savings @ 24.0%: +$385
• After-tax cash flow: $1,029/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: Floyd County
• NCES district ID: 1302190
• Math proficiency: 41% ▼ -5.00%
• Reading proficiency: 40% ▼ -4.00%
• Median HH income: $47,083
• Composite: 34.64/100
• National rank: #5143
• State rank: #45 of 174 in GA

Livability — Lindale

• Score: 59/100
• State rank: #411
• US rank: #20340

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,855

Population outlook (Floyd County) Hauer SSP2

• Today (2025): 96,321 people
• By 2030: 95,532 · -0.8%
• By 2040: 93,332 · -3.1%
• By 2050: 90,850 · -5.7%
• By 2075: 84,989 · -11.8%
• By 2100: 76,097 · -21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 2% Italian 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Floyd

• 2024 margin: Solid R (+42.0) · D 28.8% · R 70.7%
• 2008→2024 swing: -5.6pp toward R · 2008: -36.4pp · 2024: -42.0pp
• All cycles: 2024: R+42.0 2020: R+41.1 2016: R+43.5 2012: R+39.9 2008: R+36.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.07%
• Current HPI: 269.7475
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

7 events — show timeline

• 2023-07-27 Sold (Public Records) $135,000 Public Records
• 2023-07-26 Sold (MLS) $135,000 GAMLS
• 2023-07-13 Pending — FMLS
• 2023-07-07 Contingent — FMLS
• 2023-07-07 Contingent — GAMLS
• 2023-06-08 Listed $135,000 FMLS
• 2023-06-08 Listed $135,000 GAMLS

Property tax history

+8.8%/yr

Latest (2025): $1,962 · +27.0% YoY. Source: county tax records.