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4323 Lehaven Cir
D+ Composite 49.43
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 +17.4/30.0
  • ARV discount +13.4/15.0
  • DSCR +5.4/10.0
  • 1% rule +3.8/10.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$235,000

4323 Lehaven Cir · Tucker, GA 30084
3 bd · 2.5 ba · 1,540 sqft · Townhouse public records · 34 Days on market
Built 1983 1,306 sqft lot $153/sqft · at area comps Est $270k · 13% under $65/mo HOA · 3% of rent ↓ 11% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 4323 Lehaven Circle-a thoughtfully designed 2-bedroom, 1.5-bath townhome where comfort meets functionality in all the right ways. From the moment you arrive, the private wooded backdrop and multi-level outdoor living spaces create a sense of retreat that feels rare for intown living. Inside, the layout flows effortlessly for everyday life. The spacious living areas invite cozy movie nights, game days with friends, or quiet mornings with coffee before the day begins. The finished lower-level space offers flexibility for a media room, home office, workout area, or guest retreat-perfect for today's evolving lifestyle needs. The oversized deck creates the ideal setting for hosting summer gatherings, enjoying peaceful evenings under the trees, or simply extending your living space outdoors. Every inch of this home is designed to support connection, comfort, and convenience. Located in sought-after Tucker, GA, this home places you close to major highways, shopping, dining, parks, and everything Metro Atlanta has to offer while still giving you the feeling of a tucked-away neighborhood escape. Property Highlights 2 Bedrooms | 1.5 Bathrooms Approximately 1,695 Sq Ft Flexible finished lower-level living space Private outdoor entertaining areas Wooded surroundings for added privacy Ideal for first-time buyers, investors, or anyone seeking low-maintenance living Whether you're looking for your first home, a smart investment opportunity, or a lifestyle upgrade with room to breathe, this Tucker townhome delivers value, versatility, and charm all in one. Homes in this area are moving quickly-schedule your private showing before someone else claims this opportunity.

Key facts

  • Oversized deck
  • $65 HOA
  • Parking

Tags

PRIVATE WOODED BACKDROPFINISHED LOWER-LEVEL SPACEOVERSIZED DECK

Property features AI

Finance

  • Other: Directions: use GPS; County: Dekalb, GA
  • HOA & community: Community pool; Monthly association fee of $65 covering pool and grounds maintenance; Association present (community of 25 units)

Exterior

  • Parking: Parking pad (1 parking space)
  • Utilities: Public water; Public sewer; 220V electric service; Cable available; Electricity available; Natural gas available
  • Home design: Multi-level property with three or more levels; Fee simple ownership
  • Construction: Frame and brick construction with other materials; Shingle and slate roof; Concrete perimeter foundation; Resale condition
  • Exterior features: Balcony; Private entrance; Patio; Other exterior features; Paved private road frontage

Interior

  • Kitchen: Eat-in kitchen with pantry and view to the family room; Electric range and electric oven; Dishwasher; Refrigerator
  • Bedrooms: Two upper-level bedrooms
  • Flooring: Carpet; Hardwood; Vinyl
  • Bathrooms: One full bathroom (upper level) with tub/shower combo; One half bathroom on the main level
  • Heating & cooling: Central heat; Central air conditioning
  • Interior features: Double vanity; High-speed internet; Other built-in features; Double-pane windows; 1 gas-log fireplace with glass doors in the family room; 2+ common walls (attached unit); Partial basement
  • Laundry & utility: Washer and dryer included; Laundry located on the lower level/in the basement

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/2.5-bath townhouse listed at $235k.

Deal economics

  • At list price, monthly cash flow is $177 ($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 $207k (11.7% below list).
  • Recommended offer: $207k (11.7% below list) — sets the bar for 1% rule.
  • Cap rate 7.2% vs local median 3.4% in Tucker — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
  • Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Midvale Elementary School (math 27% / reading 37%, grade F, #582 of 1,228 statewide, top 50%, 437 students, 54% FRL); Tucker Middle School (math 16% / reading 30%, grade F, #321 of 470 statewide, top 69%, 1,197 students, 67% FRL); Tucker High School (math 11% / reading 17%, grade F, #322 of 424 statewide, top 76%, 1,579 students, 52% FRL).
  • Market conditions: Rents soft (-0.8%/yr); 216 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($81k/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 $7k of value loss. Plan a longer hold.
  • DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 34 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $17k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $207,400 (11.7% 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 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.88%
Cap rate
7.19%
Cash-on-cash
3.22%
DSCR
1.14
GRM
9.4

CMA / ARV

ARV (median comp)
$270,254
List price
$235,000
Delta
-13.04%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2464 Lehaven Dr 0.10mi 3/2.5 1,620 (+5%) 20mo $285,000 $176 70
2474 Lehaven Dr 0.08mi 2/2.5 (-1) 1,344 (-13%) 12mo $300,000 $223 60

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-14.4%
Equity multiple
0.50×
Total profit
$-32,979
Equity at exit
$35,039
10-year hold
IRR
-10.9%
Equity multiple
0.42×
Total profit
$-38,002
Equity at exit
$20,319

Cash invested: $65,800 (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.

ZIP-level market 30084

Rents YoY
-0.8%
Active inventory
216
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$2,074 high interval (Pro) →
Mortgage (P&I)
$1,232
Tax from tax record
$67 /mo · $799/yr
Insurance
$98
HOA
$65
Vacancy / Maint / Mgmt
$436
Net cashflow
$177

Break-even live

Break-even rent $1,850
Max offer price $235,000
Occupancy floor 86%

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
$58,750
Closing costs
$7,050
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 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4309 Lehaven Cir Tucker, GA 3.0 2.5 1540 $1,750 $1.14 1d 1 0.07mi
4309 Lehaven Cir Tucker, GA 2.0 1.5 1540 $1,850 $1.20 43d 1 0.07mi
2462 Lehaven Dr Tucker, GA 3.0 2.5 1778 $2,095 $1.18 43d 1 0.08mi
4168 Deland Rd Tucker, GA 3.0 2.0 1550 $2,409 $1.55 24d 1 0.36mi
2334 Fuller Way Tucker, GA 1.0–2.0 1.0–2.0 975 $2,176 $2.23 1d 22 0.55mi
2449 Ivey Crest Cir Tucker, GA 3.0 2.5 1858 $2,300 $1.24 1d 1 0.61mi
4419 Cowan Rd Tucker, GA 1.0–2.0 1.0–2.0 1077 $1,900 $1.76 43d 2 0.67mi
4781 Lavista Rd Tucker, GA 4.0 2.0 1704 $2,800 $1.64 43d 1 0.79mi
4679 Chamblee Tucker Rd Tucker, GA 3.0 2.0 1724 $2,400 $1.39 21d 1 0.80mi
4216 Smithsonia Ct Tucker, GA 4.0 2.0 1530 $2,750 $1.80 5d 1 0.81mi
4669 Lawrenceville Hwy Tucker, GA 3.0 1.0 1500 $2,100 $1.40 43d 1 0.90mi
2105 Fellowship Rd Tucker, GA 4.0 2.0 1051 $2,399 $2.28 43d 1 0.93mi
2297 Hylaea Rd Tucker, GA 3.0 2.0 1584 $2,350 $1.48 43d 1 1.01mi
2067 Brockett Rd Tucker, GA 4.0 2.0 1795 $2,495 $1.39 43d 1 1.16mi
4190 Smithfield Dr Tucker, GA 3.0 2.0 1460 $2,475 $1.70 2d 1 1.18mi
2697 Northforke Ct Tucker, GA 4.0 2.5 2010 $2,350 $1.17 24d 1 1.22mi
1839 Fellowship Rd Tucker, GA 2.0–3.0 1.0–2.0 1028 $1,983 $1.93 2d 5 1.27mi
4200 Jimmy Carter Blvd Norcross, GA 1.0–2.0 1.0–2.0 900 $1,500 $1.67 5d 1 1.40mi

HOA detail

Monthly dues
$65 · $780/yr

Listing history 21 events

  1. 2026-06-18
    price $235,000 Active 34 DOM
  2. 2026-06-18
    days on market $240,000 Active 34 DOM
  3. 2026-06-17
    days on market $240,000 Active 33 DOM
  4. 2026-06-16
    days on market $240,000 Active 32 DOM
  5. 2026-06-15
    days on market $240,000 Active 31 DOM
  6. 2026-06-13
    days on market $240,000 Active 29 DOM
  7. 2026-06-09
    days on market $240,000 Active 25 DOM
  8. 2026-06-08
    days on market $240,000 Active 24 DOM
  9. 2026-06-07
    days on market $240,000 Active 23 DOM
  10. 2026-06-04
    days on market $240,000 Active 20 DOM
  11. 2026-06-03
    days on market $240,000 Active 19 DOM
  12. 2026-06-02
    pricedays on market $240,000 Active 18 DOM
    Show marketing remark (1691 chars)

    Welcome to 4323 Lehaven Circle-a thoughtfully designed 2-bedroom, 1.5-bath townhome where comfort meets functionality in all the right ways. From the moment you arrive, the private wooded backdrop and multi-level outdoor living spaces create a sense of retreat that feels rare for intown living. Inside, the layout flows effortlessly for everyday life. The spacious living areas invite cozy movie nights, game days with friends, or quiet mornings with coffee before the day begins. The finished lower-level space offers flexibility for a media room, home office, workout area, or guest retreat-perfect for today's evolving lifestyle needs. The oversized deck creates the ideal setting for hosting summer gatherings, enjoying peaceful evenings under the trees, or simply extending your living space outdoors. Every inch of this home is designed to support connection, comfort, and convenience. Located in sought-after Tucker, GA, this home places you close to major highways, shopping, dining, parks, and everything Metro Atlanta has to offer while still giving you the feeling of a tucked-away neighborhood escape. Property Highlights 2 Bedrooms | 1.5 Bathrooms Approximately 1,695 Sq Ft Flexible finished lower-level living space Private outdoor entertaining areas Wooded surroundings for added privacy Ideal for first-time buyers, investors, or anyone seeking low-maintenance living Whether you're looking for your first home, a smart investment opportunity, or a lifestyle upgrade with room to breathe, this Tucker townhome delivers value, versatility, and charm all in one. Homes in this area are moving quickly-schedule your private showing before someone else claims this opportunity.

  13. 2026-06-01
    days on market $252,000 Active 17 DOM
  14. 2026-05-31
    days on market $252,000 Active 16 DOM
  15. 2026-05-13
    listed $252,000 New 1691-char remark
    Show marketing remark (1691 chars)

    Welcome to 4323 Lehaven Circle-a thoughtfully designed 2-bedroom, 1.5-bath townhome where comfort meets functionality in all the right ways. From the moment you arrive, the private wooded backdrop and multi-level outdoor living spaces create a sense of retreat that feels rare for intown living. Inside, the layout flows effortlessly for everyday life. The spacious living areas invite cozy movie nights, game days with friends, or quiet mornings with coffee before the day begins. The finished lower-level space offers flexibility for a media room, home office, workout area, or guest retreat-perfect for today's evolving lifestyle needs. The oversized deck creates the ideal setting for hosting summer gatherings, enjoying peaceful evenings under the trees, or simply extending your living space outdoors. Every inch of this home is designed to support connection, comfort, and convenience. Located in sought-after Tucker, GA, this home places you close to major highways, shopping, dining, parks, and everything Metro Atlanta has to offer while still giving you the feeling of a tucked-away neighborhood escape. Property Highlights 2 Bedrooms | 1.5 Bathrooms Approximately 1,695 Sq Ft Flexible finished lower-level living space Private outdoor entertaining areas Wooded surroundings for added privacy Ideal for first-time buyers, investors, or anyone seeking low-maintenance living Whether you're looking for your first home, a smart investment opportunity, or a lifestyle upgrade with room to breathe, this Tucker townhome delivers value, versatility, and charm all in one. Homes in this area are moving quickly-schedule your private showing before someone else claims this opportunity.

  16. 2026-05-13
    listed $252,000 Active 1715-char remark
    Show marketing remark (1691 chars)

    Welcome to 4323 Lehaven Circle-a thoughtfully designed 2-bedroom, 1.5-bath townhome where comfort meets functionality in all the right ways. From the moment you arrive, the private wooded backdrop and multi-level outdoor living spaces create a sense of retreat that feels rare for intown living. Inside, the layout flows effortlessly for everyday life. The spacious living areas invite cozy movie nights, game days with friends, or quiet mornings with coffee before the day begins. The finished lower-level space offers flexibility for a media room, home office, workout area, or guest retreat-perfect for today's evolving lifestyle needs. The oversized deck creates the ideal setting for hosting summer gatherings, enjoying peaceful evenings under the trees, or simply extending your living space outdoors. Every inch of this home is designed to support connection, comfort, and convenience. Located in sought-after Tucker, GA, this home places you close to major highways, shopping, dining, parks, and everything Metro Atlanta has to offer while still giving you the feeling of a tucked-away neighborhood escape. Property Highlights 2 Bedrooms | 1.5 Bathrooms Approximately 1,695 Sq Ft Flexible finished lower-level living space Private outdoor entertaining areas Wooded surroundings for added privacy Ideal for first-time buyers, investors, or anyone seeking low-maintenance living Whether you're looking for your first home, a smart investment opportunity, or a lifestyle upgrade with room to breathe, this Tucker townhome delivers value, versatility, and charm all in one. Homes in this area are moving quickly-schedule your private showing before someone else claims this opportunity.

  17. 2026-04-08
    historical
  18. 2026-03-31
    soldstatus $240,000
  19. 2026-01-23
    price $240,000
  20. 2026-01-10
    price $260,000
  21. 2025-12-11
    listed $270,000 New

ⓘ 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
$799 · $67/mo
Projected year-2 tax
$2,162 · $180/mo
Expected delta
+$1,363/yr (+$114/mo · 170.6%)

ⓘ 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 2/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 5 unhealthy d/yr today · 9 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,888
− Mortgage interest
−$13,164
− Property taxes
−$799
− Insurance
−$1,175
− Repairs & maintenance
−$1,991
− Management
−$1,991
− HOA
−$780
− Depreciation
−$6,836
Taxable loss
−$1,848
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$444
After-tax cash flow
$2,563/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
Dekalb County
NCES district ID
1301740
Math proficiency
19% ▼ -12.00%
Reading proficiency
28% ▼ -7.00%
Median HH income
$51,448
Composite
20.92/100
National rank
#8482
State rank
#125 of 174 in GA

Livability — Tucker

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Tucker, GA
County
Dekalb County · 782,738 people
City population
38,242
Metro
Atlanta-Sandy Springs-Alpharetta, GA
Population (ZIP)
38,242
Household income
$81,304
Rent vs Own
34.3% rent · 65.7% own
Severe rent burden
1743.0

Population outlook (DeKalb County) Hauer SSP2

Today (2025)
839,977 people
By 2030
891,768 · +6.2%
By 2040
988,894 · +17.7%
By 2050
1,074,583 · +27.9%
By 2075
1,245,026 · +48.2%
By 2100
1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.75)
Race & ethnicity
White 33% Black 26% Hispanic / Latino 22% Asian 15% Two or more races 10%
Hispanic origin (detail)
Mexican 8% Puerto Rican 1% Dominican 2%
Common ancestry
Italian 3% Slovak 2% Serbian 2%
Foreign-born
32% · Canada, Philippines, China
Languages at home
61% English-only · Spanish 18% Other Indo-European 6% Vietnamese 3%

Political lean MEDSL · DeKalb

2024 margin
Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
2008→2024 swing
+6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
All cycles
2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -271.15%
Current HPI
254.5784
Rent YoY
▼ -0.80%
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

-11.1% since first listed
9 events — show timeline
  • 2026-06-02 Price Changed $240,000 GAMLS
  • 2026-06-02 Price Changed $240,000 FMLS
  • 2026-05-13 Listed $252,000 FMLS
  • 2026-05-13 Listed $252,000 GAMLS
  • 2026-04-08 Listing Removed GAMLS
  • 2026-03-31 Sold (Public Records) $240,000 Public Records
  • 2026-01-23 Price Changed $240,000 GAMLS
  • 2026-01-10 Price Changed $260,000 GAMLS
  • 2025-12-11 Listed $270,000 GAMLS

Property tax history

-3.0%/yr

Latest (2025): $799 · -3.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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