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916 Bel Air Blvd
F Composite 31.07
Why this score? — see what drove the F 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).

  • 1% rule +7.6/10.0
  • ARV discount +7.5/15.0
  • Cash flow +4.9/30.0
  • Condition / age +4.0/5.0
  • Rent growth +3.1/5.0
  • Livability +3.1/5.0
  • Appreciation +2.5/10.0
  • Schools +1.1/10.0
  • DSCR +0.0/10.0
  • Manufactured-home adj. -2.7

$125,000

916 Bel Air Blvd · Lovejoy, GA 30228
4 bd · 2.0 ba · 1,652 sqft · Manufactured · 63 Days on market
Manufactured home Built 2001 Good condition 0.30 ac lot $76/sqft · 61% below area $681/mo HOA · 43% of rent

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

Listing remarks

Discover this beautifully updated 4-bedroom, 2-bath home nestled within the sought-after La Costa Mobile Home Park. Thoughtfully renovated and ready for its next owner, this spacious residence offers a functional layout, contemporary finishes, and the convenience of move-in-ready living. The interior features an open living area designed for both everyday comfort and entertaining. The refreshed kitchen provides ample cabinet space and modern updates, while four well-sized bedrooms offer flexibility for growing families, guests, remote work, or hobby space. Updated finishes throughout the home create a clean, cohesive feel that is both stylish and inviting.

Key facts

  • Recently remodeled
  • Dual vanity bathroom
  • Soaker tub

Tags

DOUBLE-WIDE MOBILE HOMERECENTLY REMODELEDOPEN FLOWING FLOOR PLANDUAL VANITY BATHROOMSOAKER TUBWALK IN SHOWER

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath manufactured listed at $125k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-300 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $82k (34.7% below list).
  • Meets the 1% rule at list price ($2k rent vs $125k).
  • Recommended offer: $82k (34.7% below list) — sets the bar for cash-flow.
  • Cap rate 3.4% vs local median 4.8% in Lovejoy — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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-, amenities F, commute 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.
  • Zoned schools: Eddie White Middle School (math 8% / reading 22%, grade F, #399 of 470 statewide, top 86%, 1,438 students, 90% FRL); Lovejoy High School (math 7% / reading 8%, grade F, #378 of 424 statewide, top 91%, 2,136 students, 90% FRL).
  • Market conditions: Rents rising (+2.2%/yr); 685 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 62d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% 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 $864 of loan paydown is wiped out by about $4k 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 63 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 43% of rent.
  • 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 $81,633 (34.7% 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 63 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
1.26%
Cap rate
3.42%
Cash-on-cash
-10.28%
DSCR
0.54
GRM
6.6

CMA / ARV

ARV (median comp)
$318,077
List price
$125,000
Delta
-60.70%
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
11168 Cornerstone Way 0.30mi 3/2.0 (-1) 1,700 (+3%) 1mo $321,000 $189 75
2582 Rosecommons Dr 0.73mi 3/2.0 (-1) 1,742 (+5%) 1mo $259,900 $149 51
11187 Shannon Cir 1.09mi 3/2.0 (-1) 1,560 (-6%) 0mo $162,000 $104 50
11520 Kimberly Way 0.91mi 3/2.5 (-1) 1,579 (-4%) 1mo $275,491 $174 50
11513 Kimberly Way 0.91mi 3/2.5 (-1) 1,579 (-4%) 1mo $286,000 $181 50
2421 Brianna Dr 0.51mi 3/2.5 (-1) 1,432 (-13%) 1mo $169,000 $118 46
11058 Hunters Ln 0.82mi 3/2.0 (-1) 1,798 (+9%) 1mo $250,000 $139 45
2021 Registry Dr 1.09mi 3/2.0 (-1) 1,488 (-10%) 1mo $270,000 $181 42
11190 Knotty Pine Pl 1.30mi 3/2.0 (-1) 1,832 (+11%) 0mo $220,000 $120 42
11479 S Glen St Unit NA 1.31mi 3/2.5 (-1) 1,424 (-14%) 1mo $164,900 $116 34
11479 S Glen St 1.31mi 3/2.5 (-1) 1,424 (-14%) 1mo $164,900 $116 34
11479 S Glen St 1.31mi 3/2.5 (-1) 1,424 (-14%) 1mo $164,900 $116 34

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
-36.1%
Equity multiple
-0.15×
Total profit
$-40,160
Equity at exit
$18,638
10-year hold
IRR
-58.2%
Equity multiple
-0.80×
Total profit
$-62,834
Equity at exit
$10,808

Cash invested: $35,000 (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
685
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,576 high interval (Pro) →
Mortgage (P&I)
$656
Tax est. 1.5%
$156 /mo · $1,875/yr
Insurance
$52
HOA
$681
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$331
Net cashflow
$-300

Break-even live

Break-even rent $1,956
Max offer price $81,633
Occupancy floor

Sensitivity live

Price -10% $-213 -5% $-257 +0% $-300 +5% $-343 +10% $-386
Rent -10% $-424 -5% $-362 +0% $-300 +5% $-237 +10% $-175
Rate -1.0pp $-237 -0.5pp $-268 base $-300 +0.5pp $-332 +1.0pp $-365

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
$31,250
Closing costs
$3,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2499 Brianna Dr Lovejoy, GA 3.0 2.5 1470 $1,745 $1.19 24d 1 0.37mi
2251 Nicole Dr #119 Hampton, GA 3.0 2.5 1324 $1,700 $1.28 73d 1 0.37mi
11023 Station Dr Lovejoy, GA 4.0 3.0 2228 $2,179 $0.98 17d 1 0.40mi
11322 Michelle Way Lovejoy, GA 3.0 2.5 1440 $1,675 $1.16 12d 1 0.42mi
2468 Brianna Dr Lovejoy, GA 3.0 2.5 1441 $1,600 $1.11 12d 1 0.42mi
2275 Nicole Dr Lovejoy, GA 4.0 2.0 1800 $1,681 $0.93 21d 1 0.42mi
2214 Bridgewater Pass Lovejoy, GA 4.0 3.0 2161 $2,240 $1.04 38d 1 0.43mi
2451 Brianna Dr Lovejoy, GA 3.0 2.5 1432 $1,486 $1.04 15d 1 0.47mi
11352 Michelle Way Lovejoy, GA 3.0 2.5 1440 $1,485 $1.03 62d 1 0.47mi
2306 Nicole Dr Lovejoy, GA 3.0 2.5 1324 $1,800 $1.36 93d 1 0.49mi
2411 Brianna Dr Lovejoy, GA 3.0 2.0 1432 $1,401 $0.98 7d 1 0.54mi
2339 Brianna Dr Lovejoy, GA 3.0 2.5 1876 $1,950 $1.04 27d 1 0.55mi
2353 Brianna Dr Lovejoy, GA 3.0 2.5 1600 $1,615 $1.01 17d 1 0.56mi
2355 Brianna Dr Lovejoy, GA 3.0 2.5 1876 $1,476 $0.79 62d 1 0.56mi
2361 Brianna Dr Lovejoy, GA 3.0 2.5 1384 $1,525 $1.10 71d 1 0.57mi
2367 Brianna Dr Lovejoy, GA 3.0 2.5 1440 $1,695 $1.18 93d 1 0.57mi
2257 Sugarleaf Trl Lovejoy, GA 3.0 2.0 1624 $1,775 $1.09 93d 1 0.59mi
11523 Vinea Ln Lovejoy, GA 3.0 2.0 1557 $1,850 $1.19 93d 1 0.64mi
2762 Hunters Ct Hampton, GA 3.0 2.5 1702 $1,870 $1.10 70d 1 0.69mi
10938 Wheeler Trce Lovejoy, GA 3.0 3.0 1692 $1,879 $1.11 93d 1 0.71mi
11560 Winston Dr Lovejoy, GA 3.0 3.0 1710 $2,710 $1.58 93d 1 0.77mi
11264 James Madison Dr Hampton, GA 3.0 2.5 1986 $1,990 $1.00 15d 1 0.91mi
11248 James Madison Dr Hampton, GA 3.0 2.5 1986 $1,980 $1.00 60d 1 0.91mi
11236 James Madison Dr Hampton, GA 3.0 2.5 1518 $1,870 $1.23 93d 1 0.92mi
11522 Kimberly Way Lovejoy, GA 3.0 2.5 1700 $2,200 $1.29 53d 1 0.93mi
11531 Kimberly Way Lovejoy, GA 3.0 2.5 1579 $2,200 $1.39 53d 1 0.93mi
11649 Mendenhall Ct Hampton, GA 3.0 2.5 1568 $2,300 $1.47 70d 1 0.94mi
11189 James Madison Dr Hampton, GA 4.0 2.5 1746 $1,981 $1.13 2d 1 0.96mi
11244 Aliyah Dr Hampton, GA 3.0 2.5 2030 $1,850 $0.91 26d 1 0.96mi
11265 Aliyah Dr Hampton, GA 3.0 2.5 2038 $1,900 $0.93 27d 1 0.96mi
2051 Registry Ct Lovejoy, GA 4.0 3.0 2188 $1,940 $0.89 93d 1 0.96mi
11866 Registry Blvd Unit 1 Hampton, GA 3.0 2.0 1488 $1,650 $1.11 73d 1 0.98mi
1992 Lovejoy Rd Lovejoy, GA 1.0–3.0 1.0–2.0 1179 $1,965 $1.67 1d 18 0.99mi
1578 Onalee Dr Hampton, GA 3.0 2.5 1709 $1,800 $1.05 73d 1 1.00mi
11015 Tara Blvd Lovejoy, GA 1.0–3.0 1.0–2.0 1113 $1,815 $1.63 93d 1 1.00mi
2056 Registry Pl Lovejoy, GA 3.0 2.0 1488 $1,825 $1.23 93d 1 1.01mi
11722 Chatham Dr Hampton, GA 3.0 2.5 1600 $2,300 $1.44 73d 1 1.01mi
10911 Tara Blvd Lovejoy, GA 1.0–3.0 1.0–2.0 1150 $1,795 $1.56 93d 1 1.02mi
1562 Onalee Dr Hampton, GA 3.0 2.0 2125 $1,800 $0.85 93d 1 1.02mi
1562 Onalee Dr Hampton, GA 3.0 2.5 2125 $1,695 $0.80 38d 1 1.02mi

Property features AI

Finance

HOA & community
Monthly association fee of $681Association present

Exterior

Parking
DrivewayThree total parking spacesOpen parking available
Utilities
Public waterPublic sewerCable availableElectricity availablePhone availableSewer available
Home design
Double wide mobile homeSingle-level (one story)Resale conditionMetal roof
Construction
Vinyl sidingMetal roofOther detached structures
Exterior features
Rain guttersDeckFront porchAsphalt road frontage on a city street

Interior

Kitchen
Breakfast barWhite cabinetsEat-in kitchenWalk-in pantryDishwasherMicrowave
Bedrooms
Master bedroom on main levelFour main-level bedrooms
Flooring
Laminate flooringTile flooring
Bathrooms
Two full bathroomsMaster bathroom with separate tub and shower
Heating & cooling
Central heatingCentral airCeiling fans
Interior features
Decorative fireplaceAluminum-framed windowsOther interior details
Laundry & utility
Dedicated laundry room

Listing history 17 events

  1. 2026-06-24
    days on market $125,000 Active 63 DOM
  2. 2026-06-22
    days on market $125,000 Active 61 DOM
  3. 2026-06-21
    days on market $125,000 Active 60 DOM
  4. 2026-06-18
    days on market $125,000 Active 57 DOM
  5. 2026-06-17
    days on market $125,000 Active 56 DOM
  6. 2026-06-16
    days on market $125,000 Active 55 DOM
  7. 2026-06-15
    days on market $125,000 Active 54 DOM
  8. 2026-06-13
    days on market $125,000 Active 52 DOM
  9. 2026-06-09
    days on market $125,000 Active 48 DOM
  10. 2026-06-08
    days on market $125,000 Active 47 DOM
  11. 2026-06-07
    days on market $125,000 Active 46 DOM
  12. 2026-06-04
    days on market $125,000 Active 43 DOM
  13. 2026-06-03
    days on market $125,000 Active 42 DOM
  14. 2026-06-02
    days on market $125,000 Active 41 DOM
  15. 2026-06-01
    days on market $125,000 Active 40 DOM
  16. 2026-05-31
    days on market $125,000 Active 39 DOM
  17. 2026-04-22
    listed $125,000 Active 806-char remark

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

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 · 18 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

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Taxation est. · year 1

Rental income
$18,914
− Mortgage interest
−$7,002
− Property taxes
−$1,875
− Insurance
−$625
− Repairs & maintenance
−$1,513
− Management
−$1,513
− HOA
−$8,172
− Depreciation
−$3,636
Taxable loss
−$5,423
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,301
After-tax cash flow
$-2,295/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 · 12 photos

Good 80/100 None rehab

This move-in ready home features all-new updates throughout, including flooring, fixtures, and modern finishes. The home is in good condition with no visible repairs needed, making it an excellent opportunity for affordable, updated living in a prime South Atlanta location.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property.
  • Both Upgrading the front door — A new front door can improve curb appeal and security.
  • Both Adding a small front porch — A small porch can enhance the home's curb appeal and provide a welcoming entrance.
F Composite school gradezoned avg 11/100

Zoned Schools

Elementary Eddie White Middle School F GA #399/470 Nat'l #12,693/14,009 High Lovejoy High School F GA #378/424 Nat'l #16,644/17,239

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
C Composite livability gradescore 62/100

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 · 310,777 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
15% of renters

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

Price history

1 event — show timeline
  • 2026-04-22 Listed $125,000 FMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…