3312 Bloomfield Ave · Austell, GA 30111

$218,000

3 bd · 1.0 ba · 1,354 sqft · SingleFamily public records · 38 Days on market

Built 1932 7,544 sqft lot $161/sqft · 21% below area Est $276k · 21% 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 +17.2/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• Appreciation +5.0/10.0
• 1% rule +4.2/10.0
• Schools +3.8/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to this Atlanta home offering a functional layout with spacious living areas, well-sized bedrooms, and a practical floor plan ready for customization. The interior provides a comfortable flow throughout, with outdoor space suitable for relaxing or entertaining. Conveniently located near Downtown Atlanta, shopping, dining, parks, and major interstates, this property allows for easy access to city amenities, entertainment, and commuter routes. This property also presents a strong investment opportunity. Property requires rehab.

Key facts

• Practical floor plan
• Functional layout
• Outdoor space

Tags

• FUNCTIONAL LAYOUT
• SPACIOUS LIVING AREAS
• PRACTICAL FLOOR PLAN
• OUTDOOR SPACE
• CONVENIENTLY LOCATED

Property features AI

Exterior

• Parking: On-street parking; Open parking available
• Utilities: Water: Other; Sewer: Other; Electric: Other; Utilities: Other
• Home design: One level; Resale property
• Construction: Vinyl siding exterior; Composition roof; Slab foundation; Built with standard resale construction
• Exterior features: Front porch; City street frontage; Asphalt road surface

Interior

• Kitchen: White cabinets; Eat-in kitchen; Open view to family room; Dishwasher
• Bedrooms: Three main-level bedrooms; Bedroom features: Other
• Flooring: Wood flooring
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Heating: Other; Cooling: Other
• Interior features: High 9-ft ceilings on main level; Three fireplaces (family room, keeping room, other room); No common walls; Crawl space basement
• Laundry & utility: Laundry features: Other

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $218k.

Deal economics

• At list price, monthly cash flow is $157 ($2k/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 $201k (7.7% below list).
• Recommended offer: $201k (7.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#175 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Cobb County (suburban): math 39% / reading 45% proficiency, ranked #25 of 174 in GA (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hendricks Elementary School (math 19% / reading 27%, grade F, #797 of 1,228 statewide, top 65%, 502 students, 74% FRL); Garrett Middle School (math 15% / reading 21%, grade F, #375 of 470 statewide, top 80%, 906 students, 85% FRL); South Cobb High School (math 21% / reading 20%, grade F, #231 of 424 statewide, top 54%, 2,127 students, 67% FRL) — zoned schools average 75% FRL vs 39% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 20% at this address vs 42% district-wide (-22 pts) — the specific schools serving this property underperform the Cobb County average; the district grade overstates school quality for this exact location.
• Market conditions: 4 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,625 units permitted in Cobb County in 2024 (389 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($2k loan paydown + $7k appreciation (3.0% local appreciation)).
• Cobb County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $61k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
• 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

• Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.
• 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 $201,178 (7.7% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.92% ✗
• Cap rate: 7.15%
• Cash-on-cash: 3.08%
• DSCR: 1.14
• GRM: 9.0

CMA / ARV

• ARV (median comp): $276,367
• List price: $218,000
• Delta: -21.12%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5091 Newark Ave	0.19mi	3/2.0	1,354 (0%)	12mo	$289,500	$214	77
5058 Austell Powder Springs Rd	0.07mi	2/1.0 (-1)	1,234 (-9%)	6mo	$208,000	$169	72
3325 Bloomfield Ave	0.05mi	2/1.0 (-1)	1,184 (-13%)	6mo	$130,000	$110	66
5328 Austell Powder Springs Rd	0.56mi	3/2.0	1,404 (+4%)	2mo	$330,000	$235	63
4643 Wesley Dr	0.71mi	3/1.5	1,500 (+11%)	13mo	$270,000	$180	36

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.4%
• Equity multiple: 1.59×
• Total profit: $36,219
• Equity at exit: $98,022

10-year hold

• IRR: 12.7%
• Equity multiple: 2.88×
• Total profit: $114,973
• Equity at exit: $151,064

Cash invested: $61,040 (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 30111

• Active inventory: 4
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,012 high
• Mortgage (P&I): −$1,143
• Tax from tax record: −$199 /mo · $2,384/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $157

Break-even live

Break-even rent $1,814

Max offer price $218,000

Occupancy floor 87%

Sensitivity live

Price	-10% $280	-5% $218	+0% $157	+5% $95	+10% $33
Rent	-10% $-2	-5% $77	+0% $157	+5% $236	+10% $316
Rate	-1.0pp $266	-0.5pp $212	base $157	+0.5pp $100	+1.0pp $43

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: $54,500
• Closing costs: $6,540
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5058 Austell Powder Springs Rd Austell, GA	2.0	1.0	1234	$2,000	$1.62	7d	1	0.04mi
5038 Hyacinth Ln Austell, GA	3.0	2.0	1425	$2,025	$1.42	1d	1	0.38mi
4361 Wesley Pl Austell, GA	4.0	2.5	1396	$2,130	$1.53	46d	1	1.07mi
2735 Dahlonega Trl Austell, GA	4.0	2.0	1560	$1,981	$1.27	23d	1	1.15mi
3670 Goodwin Rd Austell, GA	3.0	1.0	1025	$1,650	$1.61	21d	1	1.19mi
2877 Golden Club Bnd Austell, GA	3.0	3.0	1740	$2,349	$1.35	4d	1	1.21mi
3003 Brass Dr Austell, GA	3.0	2.5	1726	$2,150	$1.25	15d	1	1.29mi
3034 Millstone Ct Austell, GA	4.0	2.0	1430	$1,825	$1.28	24d	1	1.38mi
3034 Millstone Ct Austell, GA	4.0	2.0	1430	$1,825	$1.28	26d	1	1.38mi
5550 Pemrock Ct Powder Springs, GA	3.0	3.0	1613	$2,135	$1.32	26d	1	1.39mi
5955 Water Oaks Dr Austell, GA	4.0	2.0	1490	$2,176	$1.46	15d	1	1.46mi

Listing history 20 events

1. 2026-06-22
   days on market $218,000 Active 38 DOM
2. 2026-06-21
   days on market $218,000 Active 37 DOM
3. 2026-06-18
   days on market $218,000 Active 34 DOM
4. 2026-06-17
   days on market $218,000 Active 33 DOM
5. 2026-06-16
   days on market $218,000 Active 32 DOM
6. 2026-06-15
   days on market $218,000 Active 31 DOM
7. 2026-06-13
   days on market $218,000 Active 29 DOM
8. 2026-06-13
   days on market $218,000 Active 28 DOM
9. 2026-06-09
   days on market $218,000 Active 25 DOM
10. 2026-06-08
    days on market $218,000 Active 24 DOM
11. 2026-06-07
    pricedays on market $218,000 Active 23 DOM
12. 2026-06-04
    days on market $220,000 Active 20 DOM
13. 2026-06-03
    days on market $220,000 Active 19 DOM
14. 2026-06-02
    days on market $220,000 Active 18 DOM
15. 2026-06-01
    days on market $220,000 Active 17 DOM
16. 2026-05-31
    days on market $220,000 Active 16 DOM
17. 2026-05-15
    listed $220,000 Active 539-char remark

    Show marketing remark (539 chars)

    Welcome to this Atlanta home offering a functional layout with spacious living areas, well-sized bedrooms, and a practical floor plan ready for customization. The interior provides a comfortable flow throughout, with outdoor space suitable for relaxing or entertaining. Conveniently located near Downtown Atlanta, shopping, dining, parks, and major interstates, this property allows for easy access to city amenities, entertainment, and commuter routes. This property also presents a strong investment opportunity. Property requires rehab.

18. 2026-05-15
    listed $220,000 New 539-char remark

    Show marketing remark (539 chars)

    Welcome to this Atlanta home offering a functional layout with spacious living areas, well-sized bedrooms, and a practical floor plan ready for customization. The interior provides a comfortable flow throughout, with outdoor space suitable for relaxing or entertaining. Conveniently located near Downtown Atlanta, shopping, dining, parks, and major interstates, this property allows for easy access to city amenities, entertainment, and commuter routes. This property also presents a strong investment opportunity. Property requires rehab.

19. 2018-06-27
    soldstatus $522,200
20. 1993-08-31
    soldstatus $52,000

ⓘ 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: $2,384 · $199/mo
• Projected year-2 tax: $2,384 · $199/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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $24,141
• − Mortgage interest: −$12,211
• − Property taxes: −$2,384
• − Insurance: −$1,090
• − Repairs & maintenance: −$1,931
• − Management: −$1,931
• − Depreciation: −$6,342
• Taxable loss: −$1,749
• Est. tax savings @ 24.0%: +$420
• After-tax cash flow: $2,299/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: Cobb County
• NCES district ID: 1301290
• Math proficiency: 39% ▼ -15.00%
• Reading proficiency: 45% ▼ -10.00%
• Median HH income: $68,845
• Composite: 37.93/100
• National rank: #4308
• State rank: #25 of 174 in GA

Livability — Austell

• Score: 67/100
• State rank: #175
• US rank: #11059

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

No demographic data for this ZIP.

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

+319.2% since first listed

6 events — show timeline

• 2026-06-06 Price Changed $218,000 GAMLS
• 2026-06-06 Price Changed $218,000 FMLS
• 2026-05-15 Listed $220,000 FMLS
• 2026-05-15 Listed $220,000 GAMLS
• 2018-06-27 Sold (Public Records) $522,200 Public Records
• 1993-08-31 Sold (Public Records) $52,000 Public Records

Property tax history

+21.4%/yr

Latest (2025): $2,384 · -0.1% YoY. Source: county tax records.