408 Mosby Ln · Locust Grove, GA 30248

$319,900

3 bd · 2.0 ba · 2,226 sqft · SingleFamily public records · 50 Days on market

Built 2000 0.75 ac lot $144/sqft · at area comps Est $320k · at est. $8/mo HOA ↓ 10% since listing

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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 +14.7/30.0
• ARV discount +7.6/15.0
• DSCR +4.5/10.0
• 1% rule +3.9/10.0
• Livability +3.1/5.0
• Rent growth +3.0/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated Sellers! This charming ranch-style home features a brick front and offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room perfect for a home office, hobby space, or additional living area. Inside, you'll find vaulted ceilings that create an open, airy feel, along with generous walk-in closets for ample storage. The kitchen provides abundant cabinet space and a large pantry, ideal for keeping everything organized. The primary bathroom has been thoughtfully updated, adding a fresh and modern touch. Outdoor spaces are just as inviting, with a large, fenced backyard and an expansive patio-perfect for relaxing or enjoying time outside. Garden enthusiasts will appreciate the dedicated space for planting and landscaping. Situated on a quiet street near a cul-de-sac, this home offers a peaceful setting while still being part of a community that features a pavilion and walking trail for added enjoyment. Seller holds active real estate license in the state of Georgia. HOA may limit the amount of rentals the neighborhood may have.

Key facts

• Brick front
• Bonus room
• Walk-in closets

Tags

• BRICK FRONT
• BONUS ROOM
• VAULTED CEILINGS
• WALK-IN CLOSETS
• ABUNDANT CABINET SPACE
• LARGE PANTRY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $320k.

Deal economics

• At list price, monthly cash flow is $81 ($968/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 $286k (10.6% below list).
• Recommended offer: $286k (10.6% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 4.1% in Locust Grove — 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 (#315 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D+, amenities F.
• Henry County (rural): math 24% / reading 33% proficiency, ranked #89 of 174 in GA (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: New Hope Elementary (math 34% / reading 37%, grade F, #519 of 1,228 statewide, top 42%, 632 students, 38% FRL); Locust Grove Middle (math 30% / reading 35%, grade F, #221 of 470 statewide, top 48%, 1,103 students, 51% FRL); Locust Grove High (math 7% / reading 33%, grade F, #232 of 424 statewide, top 56%, 1,637 students, 41% FRL) — zoned schools at 43% FRL track the district average.
• Market conditions: Rents rising (+2.2%/yr); 499 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,989 units permitted in Henry County in 2024 (92 in 5+ unit buildings).
• This rent runs 41% of the median local income ($84k/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 $10k of value loss. Plan a longer hold.
• Henry 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 50 days — a 3% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 4y ago 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: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $285,909 (10.6% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 11% 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. 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. 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?
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: 0.89% ✗
• Cap rate: 6.60%
• Cash-on-cash: 1.08%
• DSCR: 1.05
• GRM: 9.3

CMA / ARV

• ARV (median comp): $320,374
• List price: $319,900
• Delta: -0.15%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
600 Longstreet Ln	0.14mi	3/2.0	1,924 (-14%)	3mo	$297,000	$154	68
417 Stuarts Ln	0.36mi	4/3.0 (+1)	2,393 (+8%)	2mo	$363,000	$152	60
2824 Old Jackson Rd	0.47mi	3/2.0	1,962 (-12%)	16mo	$326,000	$166	45
831 Sunset Dr	0.53mi	4/3.5 (+1)	1,991 (-11%)	3mo	$220,000	$110	44

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 · 2.16% rent growth · sell at horizon

5-year hold

• IRR: -15.5%
• Equity multiple: 0.45×
• Total profit: $-49,072
• Equity at exit: $47,698

10-year hold

• IRR: -8.5%
• Equity multiple: 0.49×
• Total profit: $-45,689
• Equity at exit: $27,659

Cash invested: $89,572 (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 30248

• Home prices YoY: -21.0%
• Rents YoY: 2.2%
• Active inventory: 499
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,859 medium
• Mortgage (P&I): −$1,678
• Tax from tax record: −$359 /mo · $4,309/yr
• Insurance: −$133
• HOA: −$8
• Vacancy / Maint / Mgmt: −$600
• Net cashflow: $81

Break-even live

Break-even rent $2,757

Max offer price $319,900

Occupancy floor 92%

Sensitivity live

Price	-10% $262	-5% $171	+0% $81	+5% $-10	+10% $-100
Rent	-10% $-145	-5% $-32	+0% $81	+5% $194	+10% $307
Rate	-1.0pp $242	-0.5pp $162	base $81	+0.5pp $-2	+1.0pp $-87

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: $79,975
• Closing costs: $9,597
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2788 S Ola Rd Locust Grove, GA	3.0	3.0	2650	$3,850	$1.45	0d	1	1.25mi
1026 Miss Amber Way Locust Grove, GA	3.0	2.0	1483	$1,895	$1.28	3d	1	1.46mi

HOA detail

• Monthly dues: $8 · $96/yr
• Likely covers: landscaping

Listing history 21 events

1. 2026-05-11
   price $319,900 1056-char remark

   Show marketing remark (1056 chars)

   Motivated Sellers! This charming ranch-style home features a brick front and offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room perfect for a home office, hobby space, or additional living area. Inside, you'll find vaulted ceilings that create an open, airy feel, along with generous walk-in closets for ample storage. The kitchen provides abundant cabinet space and a large pantry, ideal for keeping everything organized. The primary bathroom has been thoughtfully updated, adding a fresh and modern touch. Outdoor spaces are just as inviting, with a large, fenced backyard and an expansive patio-perfect for relaxing or enjoying time outside. Garden enthusiasts will appreciate the dedicated space for planting and landscaping. Situated on a quiet street near a cul-de-sac, this home offers a peaceful setting while still being part of a community that features a pavilion and walking trail for added enjoyment. Seller holds active real estate license in the state of Georgia. HOA may limit the amount of rentals the neighborhood may have.

2. 2026-04-14
   price $329,000 1056-char remark

   Show marketing remark (1056 chars)

   Motivated Sellers! This charming ranch-style home features a brick front and offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room perfect for a home office, hobby space, or additional living area. Inside, you'll find vaulted ceilings that create an open, airy feel, along with generous walk-in closets for ample storage. The kitchen provides abundant cabinet space and a large pantry, ideal for keeping everything organized. The primary bathroom has been thoughtfully updated, adding a fresh and modern touch. Outdoor spaces are just as inviting, with a large, fenced backyard and an expansive patio-perfect for relaxing or enjoying time outside. Garden enthusiasts will appreciate the dedicated space for planting and landscaping. Situated on a quiet street near a cul-de-sac, this home offers a peaceful setting while still being part of a community that features a pavilion and walking trail for added enjoyment. Seller holds active real estate license in the state of Georgia. HOA may limit the amount of rentals the neighborhood may have.

3. 2026-04-06
   listed $335,000 New 1056-char remark

   Show marketing remark (1056 chars)

   Motivated Sellers! This charming ranch-style home features a brick front and offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room perfect for a home office, hobby space, or additional living area. Inside, you'll find vaulted ceilings that create an open, airy feel, along with generous walk-in closets for ample storage. The kitchen provides abundant cabinet space and a large pantry, ideal for keeping everything organized. The primary bathroom has been thoughtfully updated, adding a fresh and modern touch. Outdoor spaces are just as inviting, with a large, fenced backyard and an expansive patio-perfect for relaxing or enjoying time outside. Garden enthusiasts will appreciate the dedicated space for planting and landscaping. Situated on a quiet street near a cul-de-sac, this home offers a peaceful setting while still being part of a community that features a pavilion and walking trail for added enjoyment. Seller holds active real estate license in the state of Georgia. HOA may limit the amount of rentals the neighborhood may have.

4. 2022-12-07
   soldstatus $299,900
5. 2022-12-02
   soldstatus $299,900 Sold 961-char remark

   Show marketing remark (961 chars)

   Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

6. 2022-11-09
   status Under Contract 961-char remark

   Show marketing remark (961 chars)

   Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

7. 2022-10-25
   price $299,900 961-char remark

   Show marketing remark (961 chars)

   Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

8. 2022-10-13
   status Back On Market 961-char remark

   Show marketing remark (961 chars)

   Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

9. 2022-10-07
   status Under Contract 961-char remark

   Show marketing remark (961 chars)

   Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

10. 2022-10-01
    status Back On Market 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

11. 2022-09-17
    status Under Contract 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

12. 2022-09-10
    status Price Change 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

13. 2022-09-10
    price $315,000 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

14. 2022-09-01
    status Under Contract 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

15. 2022-08-31
    status Back On Market 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

16. 2022-08-28
    status Under Contract 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

17. 2022-08-22
    status Back On Market 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

18. 2022-08-19
    status Under Contract 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

19. 2022-08-12
    listed $325,000 New 961-char remark

    Show marketing remark (961 chars)

    Located in Locust Grove located only 3 miles from Locust Grove High School. This home is very spacious with approx. 2200 heated square feet and features 3 bedrooms/ 2 baths plus a 4th bedroom/bonus room upstairs, vaulted family room with fireplace (never been used), separate dining room, UPDATED kitchen with custom cabinets, granite tops and flooring, HVAC is only 5 years old, NEW tankless water heater, UPDATED tiled master shower with tile floor, master bedroom with trey ceiling, hardwood floors and large walk-in closet, brick front with oversized side entry garage, covered back porch, storage building, xtra large concrete patio area and HUGE level yard (front & back) with garden area. Stonewall is a well-established neighborhood with great curb appeal throughout, this home is located near the cul-de-sac on a low traffic street. Conveniently located to Locust Grove, McDonough and Jackson. Contact your Realtor to schedule your private showing.

20. 2000-09-21
    soldstatus $144,000
21. 2000-03-21
    soldstatus $355,300

ⓘ 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: $4,309 · $359/mo
• Projected year-2 tax: $4,309 · $359/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,309
• − Mortgage interest: −$17,919
• − Property taxes: −$4,309
• − Insurance: −$1,600
• − Repairs & maintenance: −$2,745
• − Management: −$2,745
• − HOA: −$96
• − Depreciation: −$9,306
• Taxable loss: −$4,411
• Est. tax savings @ 24.0%: +$1,059
• After-tax cash flow: $2,027/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: Henry County
• NCES district ID: 1302820
• Math proficiency: 24% ▼ -9.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $62,594
• Composite: 26.13/100
• National rank: #7279
• State rank: #89 of 174 in GA

Livability — Locust Grove

• Score: 62/100
• State rank: #315
• US rank: #17034

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Henry County · 316,359 people
• City population: 36,038
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 36,038
• Household income: $83,823
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 485.0

Population outlook (Henry County) Hauer SSP2

• Today (2025): 249,041 people
• By 2030: 264,369 · +6.2%
• By 2040: 294,459 · +18.2%
• By 2050: 322,249 · +29.4%
• By 2075: 392,310 · +57.5%
• By 2100: 437,836 · +75.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 51% Black 37% Hispanic / Latino 9% Two or more races 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Slovak 2% Italian 2% Iranian 1%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 6% French/Haitian/Cajun 1%

Political lean MEDSL · Henry

• 2024 margin: Strong D (+29.7) · D 64.5% · R 34.9%
• 2008→2024 swing: +37.1pp toward D · 2008: -7.5pp · 2024: 29.7pp
• All cycles: 2024: D+29.7 2020: D+20.5 2016: D+4.3 2012: R+3.2 2008: R+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.09%
• Current HPI: 203.5358
• Rent YoY: ▲ 2.16%
• 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

-10.0% since first listed

21 events — show timeline

• 2026-05-11 Price Changed $319,900 GAMLS
• 2026-04-14 Price Changed $329,000 GAMLS
• 2026-04-06 Listed $335,000 GAMLS
• 2022-12-07 Sold (Public Records) $299,900 Public Records
• 2022-12-02 Sold (MLS) $299,900 GAMLS
• 2022-11-09 Pending — GAMLS
• 2022-10-25 Price Changed $299,900 GAMLS
• 2022-10-13 Relisted — GAMLS
• 2022-10-07 Pending — GAMLS
• 2022-10-01 Relisted — GAMLS
• 2022-09-17 Pending — GAMLS
• 2022-09-10 Relisted — GAMLS
• 2022-09-10 Price Changed $315,000 GAMLS
• 2022-09-01 Pending — GAMLS
• 2022-08-31 Relisted — GAMLS
• 2022-08-28 Pending — GAMLS
• 2022-08-22 Relisted — GAMLS
• 2022-08-19 Pending — GAMLS
• 2022-08-12 Listed $325,000 GAMLS
• 2000-09-21 Sold (Public Records) $144,000 Public Records
• 2000-03-21 Sold (Public Records) $355,300 Public Records

Property tax history

+5.6%/yr

Latest (2025): $4,309 · +0.3% YoY. Source: county tax records.