158 Oconee Rd #272 · Cartersville, GA 30120

$234,750

3 bd · 2.5 ba · 1,443 sqft · Townhouse · 57 Days on market

Built 2026 Good condition $104/mo HOA · 6% of rent

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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).

• ARV discount +7.5/15.0
• Cash flow +7.3/30.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• 1% rule +2.6/10.0
• Rent growth +2.4/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move in ready August! The Rutledge, a beautifully designed two-story home that combines modern style, comfort, and everyday functionality. A charming covered front porch invites you inside to a welcoming foyer where a convenient powder room and coat closet provide the perfect space for guests. The main level features a bright open-concept floor plan that seamlessly connects the family room, dining area, and kitchen, creating an ideal layout for entertaining and daily living. The kitchen offers a spacious walk-in pantry, ample cabinetry, granite counters and a generous center island, with direct access to the rear patio for outdoor living and gatherings with serene sunset views. Luxury Vinyl flooring on the first floor. Upstairs, retreat to the primary suite with a large walk-in closet and spa-style bathroom, creating a relaxing personal space. Two additional secondary bedrooms share a full bath, perfect for family, guests, or a home office. A convenient second-floor laundry room adds everyday efficiency. Act now while you can still select your cabinet colors. With community amenities including a sparkling swimming pool and a cabana with covered seating, Fairington creates the ideal backdrop for relaxation and connection. Seller incentives with use of preferred lender. Photos representative of plan not of actual home.

Key facts

• Covered front porch
• Rear patio
• Granite counters

Tags

• COVERED FRONT PORCH
• OPEN-CONCEPT FLOOR PLAN
• WALK-IN PANTRY
• GRANITE COUNTERS
• CENTER ISLAND
• REAR PATIO

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $235k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-312 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (19.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (23.7% below list).
• Recommended offer: $179k (23.7% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 3.7% in Cartersville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 74/100 on livability (#43 in GA, #4,800 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities A; Watch: schools D+, commute F.
• Paulding County (suburban): math 39% / reading 42% proficiency, ranked #33 of 174 in GA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.2%/yr); 521 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,458 units permitted in Paulding County in 2024 (0 in 5+ unit buildings).

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.
• Paulding County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,070 (23.7% 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 57 days. Have you received any prior offers? Is the seller open to a 24% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.76% ✗
• Cap rate: 4.70%
• Cash-on-cash: -5.69%
• DSCR: 0.75
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -29.6%
• Equity multiple: 0.04×
• Total profit: $-63,046
• Equity at exit: $35,002

10-year hold

• IRR: -51.2%
• Equity multiple: -0.53×
• Total profit: $-100,370
• Equity at exit: $20,297

Cash invested: $65,730 (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 30120

• Home prices YoY: -18.6%
• Rents YoY: -0.2%
• Active inventory: 521
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,791 medium
• Mortgage (P&I): −$1,231
• Tax est. 1.5%: −$293 /mo · $3,521/yr
• Insurance: −$98
• HOA: −$104
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $-312

Break-even live

Break-even rent $2,185

Max offer price $189,654

Occupancy floor —

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: $58,688
• Closing costs: $7,042
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
216 Douthit Bridge Rd Dallas, GA	3.0	2.0	1434	$1,779	$1.24	43d	1	0.09mi

HOA detail

• Monthly dues: $104 · $1,248/yr
• Likely covers: pool

Listing history 16 events

1. 2026-06-18
   days on market $234,750 Active 57 DOM
2. 2026-06-17
   days on market $234,750 Active 56 DOM
3. 2026-06-16
   days on market $234,750 Active 55 DOM
4. 2026-06-15
   days on market $234,750 Active 54 DOM
5. 2026-06-13
   days on market $234,750 Active 52 DOM
6. 2026-06-13
   pricedays on market $234,750 Active 51 DOM
7. 2026-06-09
   days on market $249,750 Active 48 DOM
8. 2026-06-08
   days on market $249,750 Active 47 DOM
9. 2026-06-07
   days on market $249,750 Active 46 DOM
10. 2026-06-04
    days on market $249,750 Active 43 DOM
11. 2026-06-03
    days on market $249,750 Active 42 DOM
12. 2026-06-02
    days on market $249,750 Active 41 DOM
13. 2026-06-01
    days on market $249,750 Active 40 DOM
14. 2026-05-31
    days on market $249,750 Active 39 DOM
15. 2026-04-22
    listed $249,750 New 1338-char remark

    Show marketing remark (1338 chars)

    Move in ready August! The Rutledge, a beautifully designed two-story home that combines modern style, comfort, and everyday functionality. A charming covered front porch invites you inside to a welcoming foyer where a convenient powder room and coat closet provide the perfect space for guests. The main level features a bright open-concept floor plan that seamlessly connects the family room, dining area, and kitchen, creating an ideal layout for entertaining and daily living. The kitchen offers a spacious walk-in pantry, ample cabinetry, granite counters and a generous center island, with direct access to the rear patio for outdoor living and gatherings with serene sunset views. Luxury Vinyl flooring on the first floor. Upstairs, retreat to the primary suite with a large walk-in closet and spa-style bathroom, creating a relaxing personal space. Two additional secondary bedrooms share a full bath, perfect for family, guests, or a home office. A convenient second-floor laundry room adds everyday efficiency. Act now while you can still select your cabinet colors. With community amenities including a sparkling swimming pool and a cabana with covered seating, Fairington creates the ideal backdrop for relaxation and connection. Seller incentives with use of preferred lender. Photos representative of plan not of actual home.

16. 2026-04-22
    listed $249,750 Active 1338-char remark

    Show marketing remark (1338 chars)

    Move in ready August! The Rutledge, a beautifully designed two-story home that combines modern style, comfort, and everyday functionality. A charming covered front porch invites you inside to a welcoming foyer where a convenient powder room and coat closet provide the perfect space for guests. The main level features a bright open-concept floor plan that seamlessly connects the family room, dining area, and kitchen, creating an ideal layout for entertaining and daily living. The kitchen offers a spacious walk-in pantry, ample cabinetry, granite counters and a generous center island, with direct access to the rear patio for outdoor living and gatherings with serene sunset views. Luxury Vinyl flooring on the first floor. Upstairs, retreat to the primary suite with a large walk-in closet and spa-style bathroom, creating a relaxing personal space. Two additional secondary bedrooms share a full bath, perfect for family, guests, or a home office. A convenient second-floor laundry room adds everyday efficiency. Act now while you can still select your cabinet colors. With community amenities including a sparkling swimming pool and a cabana with covered seating, Fairington creates the ideal backdrop for relaxation and connection. Seller incentives with use of preferred lender. Photos representative of plan not of actual home.

ⓘ 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 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,488
• − Mortgage interest: −$13,150
• − Property taxes: −$3,521
• − Insurance: −$1,174
• − Repairs & maintenance: −$1,719
• − Management: −$1,719
• − HOA: −$1,248
• − Depreciation: −$6,829
• Taxable loss: −$7,871
• Est. tax savings @ 24.0%: +$1,889
• After-tax cash flow: $-1,851/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 Cosmetic rehab

This move-in-ready two-story home features a modern design with a spacious kitchen and open-concept living areas. It is in good condition with minor cosmetic updates needed for optimal curb appeal and value.

Value-add opportunities

• Both Paint exterior trim — Enhances curb appeal and value
• Both Clean gutters — Improves drainage and property value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior trim — Enhances curb appeal and value ↑
• Both Clean gutters — Improves drainage and property 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: Paulding County
• NCES district ID: 1304020
• Math proficiency: 39% ▼ -6.00%
• Reading proficiency: 42% ▼ -7.00%
• Median HH income: $61,447
• Composite: 36.0/100
• National rank: #4784
• State rank: #33 of 174 in GA

Livability — Cartersville

• Score: 74/100
• State rank: #43
• US rank: #4800

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bartow County · 85,497 people
• City population: 70,885
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 44,896
• Household income: $86,581
• Rent vs Own: 27.2% rent · 72.8% own
• Severe rent burden: 987.0

Population outlook (Paulding County) Hauer SSP2

• Today (2025): 175,714 people
• By 2030: 186,082 · +5.9%
• By 2040: 204,414 · +16.3%
• By 2050: 217,040 · +23.5%
• By 2075: 236,980 · +34.9%
• By 2100: 238,314 · +35.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 12% Two or more races 8% Asian 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 2% Serbian 1%
• Foreign-born: 5% · Canada, Vietnam, Jamaica
• Languages at home: 89% English-only · Spanish 9%

Political lean MEDSL · Paulding

• 2024 margin: Strong R (+24.1) · D 37.6% · R 61.7%
• 2008→2024 swing: +14.4pp toward D · 2008: -38.5pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+29.1 2016: R+41.2 2012: R+43.6 2008: R+38.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.99%
• Current HPI: 302.5848
• Rent YoY: ▼ -0.23%
• 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

Price history

+0.0% since first listed

2 events — show timeline

• 2026-04-22 Listed $249,750 FMLS
• 2026-04-22 Listed $249,750 GAMLS