1342 Winslow Dr · Irondale, GA 30238

$189,900

3 bd · 2.0 ba · 1,336 sqft · SingleFamily public records · 198 Days on market

Built 1989 0.28 ac lot $142/sqft · 21% below area Est $241k · 21% under

---

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 +16.3/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• 1% rule +4.7/10.0
• Rent growth +3.0/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

Key facts

• Front covered porch
• 0.28 acre lot
• Garage

Tags

• FRONT COVERED PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $104 ($1k/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 $184k (3.3% below list).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.9% vs local median 5.2% in Irondale — 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 57/100 on livability (#466 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, 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: Hawthorne Elementary School (math 5% / reading 17%, grade F, #1,071 of 1,228 statewide, top 88%, 821 students, 90% FRL); Mundys Mill Middle School (math 10% / reading 24%, grade F, #381 of 470 statewide, top 82%, 768 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 (+2.1%/yr); 259 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
• This rent runs 35% of the median local income ($62k/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.
• 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 198 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y ago; this cycle's ask has dropped $30k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $167,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 0.97% ✗
• Cap rate: 6.95%
• Cash-on-cash: 2.34%
• DSCR: 1.10
• GRM: 8.6

CMA / ARV

• ARV (median comp): $240,566
• List price: $189,900
• Delta: -21.06%
• 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
1362 Tara Rd	0.06mi	3/2.0	1,392 (+4%)	2mo	$239,000	$172	89
1352 Labelle St	0.44mi	3/2.0	1,360 (+2%)	2mo	$195,000	$143	74
10359 Briarbay Loop	0.28mi	3/2.0	1,284 (-4%)	8mo	$150,000	$117	74
10448 Tara Pointe Dr	0.52mi	3/2.0	1,341 (+0%)	4mo	$225,000	$168	72
1596 Bonanza Church Rd	0.50mi	3/2.0	1,380 (+3%)	2mo	$155,000	$112	70
1159 Bonita Way	0.35mi	3/2.0	1,260 (-6%)	6mo	$225,000	$179	69
1224 Bonita Cir	0.30mi	3/2.0	1,454 (+9%)	5mo	$260,000	$179	67
1101 Walnut Creek Ln	0.59mi	3/2.0	1,348 (+1%)	7mo	$237,000	$176	65
10223 Foxfire Ter	0.44mi	3/1.5	1,430 (+7%)	1mo	$153,900	$108	65
1485 Bola Ct	0.52mi	4/2.0 (+1)	1,300 (-3%)	6mo	$160,000	$123	61
10119 Commons Way	0.62mi	3/2.0	1,468 (+10%)	3mo	$246,000	$168	52
1085 Commons Ct	0.64mi	3/2.0	1,501 (+12%)	3mo	$250,000	$167	47

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 · 2.06% rent growth · sell at horizon

5-year hold

• IRR: -13.6%
• Equity multiple: 0.51×
• Total profit: $-25,833
• Equity at exit: $28,315

10-year hold

• IRR: -6.3%
• Equity multiple: 0.61×
• Total profit: $-20,713
• Equity at exit: $16,419

Cash invested: $53,172 (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 30238

• Home prices YoY: -33.3%
• Rents YoY: 2.1%
• Active inventory: 259
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,837 high
• Mortgage (P&I): −$996
• Tax from tax record: −$272 /mo · $3,267/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $104

Break-even live

Break-even rent $1,705

Max offer price $189,900

Occupancy floor 89%

Sensitivity live

Price	-10% $211	-5% $158	+0% $104	+5% $50	+10% $-4
Rent	-10% $-41	-5% $31	+0% $104	+5% $176	+10% $249
Rate	-1.0pp $199	-0.5pp $152	base $104	+0.5pp $55	+1.0pp $5

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10375 Larrack Trce Jonesboro, GA	3.0	2.0	1340	$1,800	$1.34	19d	1	0.09mi
10357 Briarbay Dr Jonesboro, GA	3.0	2.0	1180	$1,610	$1.36	3d	1	0.18mi
1277 Iron Gate Blvd Jonesboro, GA	3.0	2.0	1120	$1,499	$1.34	3d	1	0.19mi
1277 Iron Gate Blvd Jonesboro, GA	3.0	2.0	1120	$1,499	$1.34	0d	1	0.19mi
10473 Starling Trl Hampton, GA	4.0	3.0	1835	$2,367	$1.29	26d	1	0.21mi
1260 Iron Gate Blvd Jonesboro, GA	3.0	2.0	1460	$1,740	$1.19	0d	1	0.24mi
10507 Starling Trl Hampton, GA	4.0	2.5	1800	$2,131	$1.18	45d	1	0.24mi
10485 Ace Ct Jonesboro, GA	3.0	2.0	1288	$1,611	$1.25	45d	1	0.24mi
10346 Wisteria Ln Jonesboro, GA	3.0	2.0	1042	$1,595	$1.53	14d	1	0.27mi
10299 Wisteria Ln Jonesboro, GA	3.0	2.0	1257	$1,770	$1.41	45d	1	0.28mi
1442 Starling Ct Hampton, GA	3.0	2.0	1668	$1,885	$1.13	45d	1	0.28mi
1276 Avery Dr Jonesboro, GA	3.0	2.0	1811	$1,755	$0.97	7d	1	0.34mi
10564 Village Lndg Jonesboro, GA	3.0	2.5	1617	$1,800	$1.11	26d	1	0.38mi
1834 Old Dogwood Jonesboro, GA	3.0	2.5	1454	$1,730	$1.19	45d	1	0.42mi
1830 Old Dogwood Jonesboro, GA	3.0	2.5	1454	$1,730	$1.19	45d	1	0.42mi
1478 Carriage Ln Jonesboro, GA	3.0	2.0	1436	$1,675	$1.17	23d	1	0.43mi
1174 Walnut Creek Ln Jonesboro, GA	3.0	2.0	1218	$1,861	$1.53	45d	1	0.44mi
1814 Old Dogwood Jonesboro, GA	3.0	2.5	1454	$1,730	$1.19	45d	1	0.45mi
1108 Sunday Ln Jonesboro, GA	3.0	2.0	1137	$1,625	$1.43	45d	1	0.46mi
1556 Wren Rd Jonesboro, GA	3.0	2.0	1388	$1,715	$1.24	45d	1	0.47mi
1096 Bonita Cir Jonesboro, GA	3.0	2.0	1442	$1,700	$1.18	26d	1	0.48mi
1798 Old Dogwood Jonesboro, GA	3.0	3.0	1454	$1,730	$1.19	26d	1	0.48mi
1496 Paladin Ct Hampton, GA	4.0	2.5	1116	$2,045	$1.83	21d	1	0.49mi
1795 Old Dogwood Jonesboro, GA	3.0	3.0	1454	$1,730	$1.19	45d	1	0.50mi
1545 Iris Walk Jonesboro, GA	3.0	3.0	1453	$1,800	$1.24	26d	1	0.50mi
1334 Labelle St Jonesboro, GA	4.0	2.0	1352	$1,521	$1.12	7d	1	0.50mi
1786 Old Dogwood Jonesboro, GA	3.0	2.5	1454	$1,730	$1.19	45d	1	0.51mi
1433 Iron Gate Blvd Jonesboro, GA	3.0	1.5	1075	$1,475	$1.37	14d	1	0.52mi
1779 Old Dogwood Jonesboro, GA	3.0	2.5	1454	$1,730	$1.19	45d	1	0.52mi
1117 Village Crk Jonesboro, GA	3.0	2.5	1330	$1,815	$1.36	45d	1	0.54mi
1485 Bola Ct Jonesboro, GA	4.0	2.0	1300	$1,755	$1.35	0d	1	0.54mi
1585 Iris Walk Jonesboro, GA	3.0	2.5	1497	$1,869	$1.25	0d	1	0.56mi
1576 Iris Walk Jonesboro, GA	3.0	2.5	1683	$1,695	$1.01	45d	1	0.57mi
1546 Plover Rd Jonesboro, GA	4.0	3.0	1040	$1,715	$1.65	0d	1	0.58mi
10091 Silent Trl Jonesboro, GA	3.0	1.5	1456	$1,395	$0.96	26d	1	0.61mi
1139 Commons Ct Jonesboro, GA	3.0	2.0	1421	$1,795	$1.26	22d	1	0.68mi
1057 Misty Meadows Pt Hampton, GA	3.0	2.0	1505	$1,799	$1.20	7d	1	0.68mi
10411 Tobano Trl Jonesboro, GA	3.0	2.5	1659	$1,875	$1.13	45d	1	0.74mi
1374 Misty Ridge Ct Hampton, GA	3.0	2.0	1250	$1,775	$1.42	45d	1	0.75mi
10624 Woodcock St Jonesboro, GA	4.0	2.0	1171	$1,670	$1.43	23d	1	0.77mi

Listing history 28 events

1. 2026-06-13
   statusdays on market $189,900 Under Contract 198 DOM
2. 2026-06-09
   days on market $189,900 Active 194 DOM
3. 2026-06-08
   days on market $189,900 Active 193 DOM
4. 2026-06-07
   days on market $189,900 Active 192 DOM
5. 2026-06-04
   days on market $189,900 Active 189 DOM
6. 2026-06-03
   days on market $189,900 Active 188 DOM
7. 2026-06-02
   days on market $189,900 Active 187 DOM
8. 2026-06-01
   statusdays on market $189,900 Active 186 DOM
9. 2026-05-31
   days on market $189,900 Price Change 185 DOM
10. 2026-04-10
    price $194,900 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

11. 2026-03-03
    price $199,900 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

12. 2026-01-31
    status Back On Market 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

13. 2026-01-16
    status Under Contract 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

14. 2026-01-08
    price $209,900 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

15. 2025-11-22
    price $214,900 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

16. 2025-11-13
    listed $219,900 New 239-char remark

    Show marketing remark (239 chars)

    This cozy 1336 sq ft ranch-style home sits offers a comfortable, single-story layout, featuring 3 bedrooms and 2 bathrooms with an open-concept living area and a well-appointed kitchen. Sit on the front covered porch for outdoor enjoyment.

17. 2022-02-16
    soldstatus $4,857,881
18. 2017-07-31
    soldstatus $2,566,600
19. 2016-11-01
    historical
20. 2016-10-18
    price $77,000
21. 2016-10-13
    price $109,200
22. 2016-10-03
    status Back on Market
23. 2016-10-01
    historical
24. 2016-09-08
    listed $115,000 New
25. 2014-05-01
    historical
26. 2013-12-07
    price $85,859 Increased
27. 2013-10-28
    listed $78,054 New
28. 1991-05-16
    soldstatus $76,117

ⓘ 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: $3,267 · $272/mo
• Projected year-2 tax: $3,267 · $272/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 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 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,041
• − Mortgage interest: −$10,637
• − Property taxes: −$3,267
• − Insurance: −$950
• − Repairs & maintenance: −$1,763
• − Management: −$1,763
• − Depreciation: −$5,524
• Taxable loss: −$1,864
• Est. tax savings @ 24.0%: +$447
• After-tax cash flow: $1,693/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: 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

Livability — Irondale

• Score: 57/100
• State rank: #466
• US rank: #22025

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Irondale, GA
• County: Clayton County · 230,153 people
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 43,191
• Household income: $62,185
• Rent vs Own: 36.2% rent · 63.8% own
• Severe rent burden: 1992.0

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: Predominantly Black (71%)
• Race & ethnicity: Black 71% Hispanic / Latino 17% White 7% Two or more races 7%
• Hispanic origin (detail): Mexican 13% Puerto Rican 2%
• Foreign-born: 11% · Canada, United Kingdom
• Languages at home: 83% English-only · Spanish 14% French/Haitian/Cajun 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: —

Market trends

• HPI YoY: ▼ -105.48%
• Current HPI: 211.6309
• Rent YoY: ▲ 2.06%
• 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

+156.1% since first listed

19 events — show timeline

• 2026-04-10 Price Changed $194,900 GAMLS
• 2026-03-03 Price Changed $199,900 GAMLS
• 2026-01-31 Relisted — GAMLS
• 2026-01-16 Pending — GAMLS
• 2026-01-08 Price Changed $209,900 GAMLS
• 2025-11-22 Price Changed $214,900 GAMLS
• 2025-11-13 Listed $219,900 GAMLS
• 2022-02-16 Sold (Public Records) $4,857,881 Public Records
• 2017-07-31 Sold (Public Records) $2,566,600 Public Records
• 2016-11-01 Listing Removed — GAMLS
• 2016-10-18 Price Changed $77,000 GAMLS
• 2016-10-13 Price Changed $109,200 GAMLS
• 2016-10-03 Relisted — GAMLS
• 2016-10-01 Listing Removed — GAMLS
• 2016-09-08 Listed $115,000 GAMLS
• 2014-05-01 Listing Removed — GAMLS
• 2013-12-07 Price Changed $85,859 GAMLS
• 2013-10-28 Listed $78,054 GAMLS
• 1991-05-16 Sold (Public Records) $76,117 Public Records

Property tax history

+7.8%/yr

Latest (2025): $3,267 · -1.8% YoY. Source: county tax records.