3883 N Pebble Dr · Lithia Springs, GA 30134

$200,000

3 bd · 2.0 ba · 1,404 sqft · SingleFamily public records · 7 Days on market

Built 1968 0.47 ac lot $142/sqft · 31% below area Est $291k · 31% under

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Why this score? — see what drove the C+ 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 +23.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +5.2/10.0
• Livability +3.1/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming ranch-style home offering timeless character and plenty of opportunity to make it your own. This home features a solid layout with great bones, spacious living areas, and hardwood floors throughout underneath the current flooring just waiting to be uncovered. Several major updates have already been completed for added peace of mind, including a roof that's only 1 year old, a 1-year-old hot water heater, and septic field lines replaced just 3 years ago. The dishwasher is also only 3 years old. Enjoy the covered, screened-in sunroom/porch - the perfect spot for morning coffee or relaxing evenings overlooking the nice yard space. The full unfinished basement provides endless possibilities for storage, a workshop, or future expansion. With its classic ranch design, strong foundation, and valuable system updates already completed, this property is full of potential for a buyer looking to add personal touches while enjoying the benefits of the major improvements already being done. Conveniently located near shopping, dining, and schools in Douglasville.

Key facts

• Strong foundation
• Hardwood floors
• 0.47 acre lot

Tags

• HARDWOOD FLOORS
• COVERED SCREENED-IN SUNROOM
• FULL UNFINISHED BASEMENT
• STRONG FOUNDATION
• VALUABLE SYSTEM UPDATES

Property features AI

Finance

• HOA & community: Near schools; Near shopping

Exterior

• Parking: Four total parking spaces; Two carport spaces; Attached carport; Driveway parking; Open parking available; Kitchen-level parking access
• Utilities: Public water; Septic sewer; Electric service (other); Cable available; Electricity available; Natural gas available; Phone available; Water available
• Home design: Two levels; Resale property; Brick on all sides
• Construction: Brick 4-sides construction; Composition/shingle roof; Block and concrete perimeter foundation
• Exterior features: Private entrance; Private yard; Storage; Covered front porch; Covered rear porch; Screened porch; Shed(s)

Interior

• Kitchen: Country-style kitchen; Walk-in pantry; Pantry; Dishwasher; Electric oven; Electric range; Range hood
• Bedrooms: Three main-level bedrooms; Primary suite on main level
• Flooring: Carpet; Ceramic tile; Other flooring
• Bathrooms: Two full bathrooms; Primary bathroom with shower (no tub)
• Heating & cooling: Central heating (electric); Central air conditioning; Attic fan; Ceiling fans
• Interior features: Disappearing attic stairs; No common walls; Sun room; Basement with boat door, daylight windows, full unfinished interior entry
• Laundry & utility: Washer; Dryer; Laundry area (other)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $383 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 8.6% vs local median 4.5% in Lithia Springs — 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 62/100 on livability (#311 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment C-, amenities F.
• Douglas County (suburban): math 23% / reading 35% proficiency, ranked #92 of 174 in GA (top 53%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Beulah Elementary School (math 27% / reading 27%, grade F, #689 of 1,228 statewide, top 58%, 453 students, 75% FRL); Lithia Springs Comprehensive High School (math 3% / reading 27%, grade F, #294 of 424 statewide, top 70%, 1,494 students, 71% FRL) — zoned schools average 73% FRL vs 53% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 299 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 595 units permitted in Douglas County in 2024 (72 in 5+ unit buildings).
• This rent runs 32% of the median local income ($77k/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.
• Douglas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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

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

Recommended offer $200,000

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.02% ✓
• Cap rate: 8.59%
• Cash-on-cash: 8.22%
• DSCR: 1.37
• GRM: 8.2

CMA / ARV

• ARV (median comp): $291,108
• List price: $200,000
• Delta: -31.30%
• 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
3883 N Pebble Dr	0.00mi	3/2.0	1,404 (0%)	1mo	$200,000	$142	99
990 Walker Place Dr	0.43mi	3/2.0	1,361 (-3%)	0mo	$242,300	$178	75
3971 Canebrake Ln	0.34mi	3/2.0	1,427 (+2%)	10mo	$294,500	$206	73
3836 Wexford Dr	0.20mi	3/2.5	1,470 (+5%)	10mo	$280,000	$190	72
1065 Walker Place Dr	0.47mi	3/2.0	1,361 (-3%)	8mo	$210,000	$154	66
3758 Riley Rd	0.17mi	3/2.0	1,532 (+9%)	15mo	$285,000	$186	64
3698 Rogers Dr	0.38mi	3/2.5	1,551 (+10%)	1mo	$289,000	$186	62
7025 Carolyn Cir	0.67mi	3/1.5	1,400 (-0%)	12mo	$255,000	$182	57
4113 Maroney Mill Rd	0.40mi	2/1.0 (-1)	1,507 (+7%)	5mo	$160,000	$106	56
7047 Carolyn Cir	0.73mi	3/2.5	1,400 (-0%)	12mo	$240,000	$171	53
1191 S Burnt Hickory Rd	0.62mi	2/1.0 (-1)	1,463 (+4%)	10mo	$215,000	$147	47
1095 S Burnt Hickory Rd	0.49mi	3/3.0	1,582 (+13%)	18mo	$141,900	$90	37

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 · 0.03% rent growth · sell at horizon

5-year hold

• IRR: -6.9%
• Equity multiple: 0.75×
• Total profit: $-13,982
• Equity at exit: $29,821

10-year hold

• IRR: -1.2%
• Equity multiple: 0.93×
• Total profit: $-3,916
• Equity at exit: $17,292

Cash invested: $56,000 (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.

Methodology + full state rankings →

ZIP-level market 30134

• Home prices YoY: -22.4%
• Rents YoY: 0.0%
• Active inventory: 299
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,043 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$99 /mo · $1,186/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$429
• Net cashflow: $383

Break-even live

Break-even rent $1,558

Max offer price $200,000

Occupancy floor 76%

Sensitivity live

Price	-10% $497	-5% $440	+0% $383	+5% $327	+10% $270
Rent	-10% $222	-5% $303	+0% $383	+5% $464	+10% $545
Rate	-1.0pp $484	-0.5pp $434	base $383	+0.5pp $332	+1.0pp $279

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
936 Edgewood Ln Douglasville, GA	4.0	2.0	1859	$2,079	$1.12	6d	1	0.17mi
872 Woodside Dr Douglasville, GA	3.0	2.5	1494	$2,049	$1.37	23d	1	0.54mi
4349 Parkview Dr Lithia Springs, GA	3.0	2.0	1292	$1,775	$1.37	44d	1	1.08mi
4355 Donegal Cir Lithia Springs, GA	3.0	1.0	1232	$1,670	$1.36	44d	1	1.11mi
4332 Clare Ln Lithia Springs, GA	4.0	1.0	1040	$1,450	$1.39	44d	1	1.17mi
4178 S Martin Way Lithia Springs, GA	3.0	2.0	1520	$1,825	$1.20	44d	1	1.37mi

Listing history 2 events

1. 2026-05-14
   listed $200,000 Active 1093-char remark

   Show marketing remark (1081 chars)

   Charming ranch-style home offering timeless character and plenty of opportunity to make it your own. This home features a solid layout with great bones, spacious living areas, and hardwood floors throughout underneath the current flooring just waiting to be uncovered. Several major updates have already been completed for added peace of mind, including a roof that's only 1 year old, a 1-year-old hot water heater, and septic field lines replaced just 3 years ago. The dishwasher is also only 3 years old. Enjoy the covered, screened-in sunroom/porch - the perfect spot for morning coffee or relaxing evenings overlooking the nice yard space. The full unfinished basement provides endless possibilities for storage, a workshop, or future expansion. With its classic ranch design, strong foundation, and valuable system updates already completed, this property is full of potential for a buyer looking to add personal touches while enjoying the benefits of the major improvements already being done. Conveniently located near shopping, dining, and schools in Douglasville.

2. 2026-05-14
   listed $200,000 New 1081-char remark

   Show marketing remark (1081 chars)

   Charming ranch-style home offering timeless character and plenty of opportunity to make it your own. This home features a solid layout with great bones, spacious living areas, and hardwood floors throughout underneath the current flooring just waiting to be uncovered. Several major updates have already been completed for added peace of mind, including a roof that's only 1 year old, a 1-year-old hot water heater, and septic field lines replaced just 3 years ago. The dishwasher is also only 3 years old. Enjoy the covered, screened-in sunroom/porch - the perfect spot for morning coffee or relaxing evenings overlooking the nice yard space. The full unfinished basement provides endless possibilities for storage, a workshop, or future expansion. With its classic ranch design, strong foundation, and valuable system updates already completed, this property is full of potential for a buyer looking to add personal touches while enjoying the benefits of the major improvements already being done. Conveniently located near shopping, dining, and schools in Douglasville.

ⓘ 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: $1,186 · $99/mo
• Projected year-2 tax: $1,840 · $153/mo
• Expected delta: +$654/yr (+$55/mo · 55.2%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,522
• − Mortgage interest: −$11,203
• − Property taxes: −$1,186
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,962
• − Management: −$1,962
• − Depreciation: −$5,818
• Taxable income: $1,392
• Est. tax owed @ 24.0%: −$334
• After-tax cash flow: $4,267/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: Douglas County
• NCES district ID: 1301860
• Math proficiency: 23% ▼ -16.00%
• Reading proficiency: 35% ▼ -11.00%
• Median HH income: $55,335
• Composite: 25.84/100
• National rank: #7353
• State rank: #92 of 174 in GA

Livability — Lithia Springs

• Score: 62/100
• State rank: #311
• US rank: #16881

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Douglas County · 141,416 people
• City population: 27,036
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 47,580
• Household income: $76,574
• Rent vs Own: 34.4% rent · 65.6% own
• Severe rent burden: 1339.0

Population outlook (Douglas County) Hauer SSP2

• Today (2025): 163,022 people
• By 2030: 173,956 · +6.7%
• By 2040: 196,859 · +20.8%
• By 2050: 220,017 · +35.0%
• By 2075: 279,831 · +71.7%
• By 2100: 322,702 · +97.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 44% White 37% Hispanic / Latino 13% Two or more races 7%
• Hispanic origin (detail): Mexican 8% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 1% Serbian 1%
• Foreign-born: 8% · Canada
• Languages at home: 86% English-only · Spanish 11% Other Indo-European 1%

Political lean MEDSL · Douglas

• 2024 margin: Solid D (+31.4) · D 65.4% · R 33.9%
• 2008→2024 swing: +29.6pp toward D · 2008: 1.8pp · 2024: 31.4pp
• All cycles: 2024: D+31.4 2020: D+25.1 2016: D+10.8 2012: D+4.0 2008: D+1.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -70.36%
• Current HPI: 243.9426
• Rent YoY: ▬ 0.03%
• 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

8 events — show timeline

• 2026-06-04 Sold (Public Records) $200,000 Public Records
• 2026-05-28 Sold (MLS) $200,000 GAMLS
• 2026-05-28 Sold (MLS) $200,000 FMLS
• 2026-05-22 Pending — FMLS
• 2026-05-19 Pending — GAMLS
• 2026-05-19 Contingent — FMLS
• 2026-05-14 Listed $200,000 GAMLS
• 2026-05-14 Listed $200,000 FMLS

Property tax history

+10.0%/yr

Latest (2025): $1,186 · +230.9% YoY. Source: county tax records.