540 Coots Lake Rd · Rockmart, GA 30153

$208,000

3 bd · 2.0 ba · 1,104 sqft · SingleFamily public records · 20 Days on market

Built 2000 1.21 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 +15.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• Livability +3.5/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor special on 1.21 acres in Rockmart! This 3 bed, 2 bath home offers 1,104 sqft of potential and was built in 2000. Features central HVAC replaced approximately 4 years ago, roof replaced in 2010, city water, and septic tank cleaned 5 years ago. Home has no leaks or mold reported. Interior needs cosmetic updates including carpet replacement and fresh paint. Great opportunity for investors, rental portfolio, or buyers looking to add value in a quiet setting with plenty of land.

Key facts

• Central hvac
• Septic tank cleaned
• Plenty of land

Tags

• CENTRAL HVAC
• ROOF REPLACED
• CITY WATER
• SEPTIC TANK CLEANED
• PLENTY OF LAND

Property features AI

Finance

• Other: Lot approximately 1.21 acres; Listing terms include Cash, Conventional, FHA
• HOA & community: No HOA

Exterior

• Parking: Attached garage; Attached parking
• Utilities: Public water; Public sewer; Cable available; Electricity available; Electric on property
• Home design: Single family residence (house); Resale property; Built in 2000
• Construction: Vinyl siding; Composition roof; Built in 2000
• Exterior features: Open lot

Interior

• Kitchen: Cooktop; Dishwasher
• Bedrooms: 3 bedrooms (1 on the main level)
• Flooring: Carpet
• Bathrooms: 2 full bathrooms (1 on the main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features; Two levels; No basement; No fireplaces
• Laundry & utility: Laundry features: Other

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $208k.

Deal economics

• At list price, monthly cash flow is $73 ($873/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 $174k (16.4% below list).
• Recommended offer: $174k (16.4% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.2% in Rockmart — 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 70/100 on livability (#99 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, amenities F, commute F.
• Polk County (town): math 21% / reading 28% proficiency, ranked #128 of 174 in GA (top 74%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Van Wert Elementary School (math 12% / reading 19%, grade F, #973 of 1,228 statewide, top 80%, 696 students, 78% FRL); Rockmart Middle School (math 22% / reading 31%, grade F, #282 of 470 statewide, top 61%, 706 students, 78% FRL); Rockmart High School (math 8% / reading 22%, grade F, #294 of 424 statewide, top 70%, 950 students, 78% FRL) — zoned schools average 78% FRL vs 62% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 204 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 128 units permitted in Polk County in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($57k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Polk County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($205k) is reasonable based on typical stale-listing flexibility.

Recommended offer $173,880 (16.4% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
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: 0.84% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.50%
• DSCR: 1.07
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.9%
• Equity multiple: 0.50×
• Total profit: $-29,128
• Equity at exit: $31,013

10-year hold

• IRR: -5.2%
• Equity multiple: 0.66×
• Total profit: $-19,630
• Equity at exit: $17,984

Cash invested: $58,240 (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 30153

• Home prices YoY: -4.6%
• Active inventory: 204
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,739 medium
• Mortgage (P&I): −$1,091
• Tax from tax record: −$123 /mo · $1,481/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $73

Break-even live

Break-even rent $1,647

Max offer price $208,000

Occupancy floor 91%

Sensitivity live

Price	-10% $191	-5% $132	+0% $73	+5% $14	+10% $-45
Rent	-10% $-65	-5% $4	+0% $73	+5% $141	+10% $210
Rate	-1.0pp $178	-0.5pp $126	base $73	+0.5pp $19	+1.0pp $-36

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: $52,000
• Closing costs: $6,240
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
114 Arbor Chase Pkwy Rockmart, GA	3.0	2.0	1353	$1,699	$1.26	45d	1	1.25mi

Listing history 13 events

1. 2026-06-21
   days on market $208,000 Active 20 DOM
2. 2026-06-18
   days on market $208,000 Active 17 DOM
3. 2026-06-17
   days on market $208,000 Active 16 DOM
4. 2026-06-16
   days on market $208,000 Active 15 DOM
5. 2026-06-15
   days on market $208,000 Active 14 DOM
6. 2026-06-13
   pricestatusdays on market $208,000 Active 12 DOM
7. 2026-06-09
   days on market $210,000 New 8 DOM
8. 2026-06-08
   days on market $210,000 New 7 DOM
9. 2026-06-07
   days on market $210,000 New 6 DOM
10. 2026-06-04
    days on market $210,000 New 3 DOM
11. 2026-06-03
    days on market $210,000 New 2 DOM
12. 2026-06-02
    remarks 487-char remark
13. 2026-06-02
    listed $210,000 New 1 DOM

ⓘ 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: $1,481 · $123/mo
• Projected year-2 tax: $1,914 · $159/mo
• Expected delta: +$432/yr (+$36/mo · 29.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,866
• − Mortgage interest: −$11,651
• − Property taxes: −$1,481
• − Insurance: −$1,040
• − Repairs & maintenance: −$1,669
• − Management: −$1,669
• − Depreciation: −$6,051
• Taxable loss: −$2,696
• Est. tax savings @ 24.0%: +$647
• After-tax cash flow: $1,520/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: Polk County
• NCES district ID: 1304200
• Math proficiency: 21% ▼ -15.00%
• Reading proficiency: 28% ▼ -3.00%
• Median HH income: $39,318
• Composite: 20.6/100
• National rank: #8550
• State rank: #128 of 174 in GA

Livability — Rockmart

• Score: 70/100
• State rank: #99
• US rank: #7891

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 18,467 people
• City population: 18,467
• Metro: Cedartown, GA
• Population (ZIP): 18,467
• Household income: $57,377
• Rent vs Own: 31.6% rent · 68.4% own
• Severe rent burden: 340.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 40,729 people
• By 2030: 40,103 · -1.5%
• By 2040: 38,594 · -5.2%
• By 2050: 36,753 · -9.8%
• By 2075: 31,687 · -22.2%
• By 2100: 25,448 · -37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Black 10% Hispanic / Latino 6% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Italian 2% Slovak 1% Romanian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Polk

• 2024 margin: Solid R (+60.5) · D 19.6% · R 80.1%
• 2008→2024 swing: -19.4pp toward R · 2008: -41.1pp · 2024: -60.5pp
• All cycles: 2024: R+60.5 2020: R+57.1 2016: R+57.5 2012: R+45.6 2008: R+41.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.01%
• Current HPI: 370.1814
• Rent YoY: —
• Metro: Cedartown, 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

Price history

1 event — show timeline

• 2026-06-01 Listed $210,000 GAMLS

Property tax history

+3.7%/yr

Latest (2025): $1,481 · +2.3% YoY. Source: county tax records.