9790 Braxley Way · Irondale, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +8.4/30.0
- 1% rule +3.3/10.0
- Rent growth +3.0/5.0
- Livability +2.9/5.0
- Condition / age +2.5/5.0
- DSCR +2.3/10.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$299,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Priced to sell! Amazing value for a newer built home. First floor offers a Den/Office, in addition there is a bedroom, w/Full bath. Separate Dinning Room with coffered ceiling. Kitchen opens to breakfast area and overlooks the living room. In the second floor you'll find the massive master bedroom and 3 other spacious secondary rooms and the laundry room. Home needs TLC, paint/new flooring. Seller will remove personal belongings. Minutes away from I-75/I-85 & 285. Just under 26 minutes to Hartsfield Jackson Int. Airport. Conveniently located near shopping and dining,
Key facts
- Newer built
- 2 garage spots
- Built 2020
Tags
Property features AI
Finance
- Other: Paved road frontage on a private road; Directions: GPS
- HOA & community: Has association; Annual association fee of $325; Additional annual association fee of $1
Exterior
- Parking: Garage parking (2 spaces, 2 total)
- Utilities: Public water; Public sewer; 220-volt electric; Electricity available
- Home design: Two levels; Resale property; Slab foundation
- Construction: Aluminum siding; Composition roof; Other structures
- Exterior features: Patio; Other exterior features; Insulation (energy efficient measure); Wind energy generation
Interior
- Kitchen: Pantry
- Bedrooms: Five main-level bedrooms; Bedroom features: none listed
- Flooring: Hardwood floors; Carpet
- Bathrooms: Three full bathrooms (all on the main level); Master bathroom: none listed
- Heating & cooling: Central air; Other heating
- Interior features: One fireplace; Double-pane windows; Other interior features; Other appliances
- Laundry & utility: Laundry room on the upper level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/3.0-bath single-family listed at $299k.
Deal economics
- At list price, monthly cash flow is $-266 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $252k (15.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (16.8% below list).
- Recommended offer: $249k (16.8% below list) — sets the bar for 1% rule.
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: Mundys Mill Middle School (math 10% / reading 24%, grade F, #381 of 470 statewide, top 82%, 768 students, 90% FRL).
- Market conditions: Rents rising (+2.1%/yr); 259 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
- At $2,487/mo this rent would consume 48% of the median local household income ($62k/yr) (locally 1992% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 58 days — a 3% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $56k (16%) 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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 58 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.83% ✗
- Cap rate
- 5.22%
- Cash-on-cash
- -3.81%
- DSCR
- 0.83
- GRM
- 10.0
CMA / ARV
- ARV (median comp)
- $406,043
- List price
- $299,000
- Delta
- -26.36%
- 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 |
|---|---|---|---|---|---|---|---|
| 9726 Washington Cir | 0.20mi | 5/3.5 | 3,439 (+3%) | 2mo | $403,000 | $117 | 82 |
| 9827 Hurston Way | 0.10mi | 5/3.0 | 3,096 (-7%) | 21mo | $399,900 | $129 | 66 |
| 6595 Piazza Dr | 0.27mi | 5/4.0 | 3,000 (-10%) | 1mo | $360,000 | $120 | 65 |
| 1141 Gaines St | 0.44mi | 5/3.0 | 3,319 (-1%) | 16mo | $385,000 | $116 | 65 |
| 10155 Cormac St | 0.60mi | 5/2.5 | 3,249 (-3%) | 1mo | $385,000 | $118 | 65 |
| 854 Mundys Mill Rd | 0.53mi | 4/3.0 (-1) | 3,280 (-2%) | 4mo | $310,000 | $95 | 64 |
| 1162 Gaines St | 0.44mi | 5/3.0 | 3,319 (-1%) | 18mo | $385,000 | $116 | 63 |
| 10137 Cormac St | 0.60mi | 5/3.0 | 3,319 (-1%) | 11mo | $385,000 | $116 | 62 |
| 9746 Winding Way Ln | 0.42mi | 5/3.0 | 2,889 (-14%) | 2mo | $300,000 | $104 | 57 |
| 9958 Cormac St | 0.35mi | 5/3.0 | 3,096 (-7%) | 20mo | $370,000 | $120 | 55 |
| 10142 Cormac St | 0.57mi | 4/3.0 (-1) | 3,218 (-4%) | 15mo | $380,000 | $118 | 50 |
| 9620 Carolina Dr | 0.43mi | 6/3.0 (+1) | 3,650 (+9%) | 15mo | $430,000 | $118 | 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
- IRR
- -23.8%
- Equity multiple
- 0.19×
- Total profit
- $-67,591
- Equity at exit
- $44,582
- IRR
- -21.7%
- Equity multiple
- -0.07×
- Total profit
- $-89,501
- Equity at exit
- $25,852
Cash invested: $83,720 (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
ZIP-level market 30238
- Home prices YoY
- -33.3%
- Rents YoY
- 2.1%
- Active inventory
- 259
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $2,487 medium interval (Pro) →
- Mortgage (P&I)
- −$1,568
- Tax from tax record
- −$511 /mo · $6,135/yr
- Insurance
- −$125
- HOA
- −$27
- Vacancy / Maint / Mgmt
- −$522
- Net cashflow
- $-266
Break-even live
Sensitivity live
| Price | -10% $-97 | -5% $-181 | +0% $-266 | +5% $-351 | +10% $-435 |
|---|---|---|---|---|---|
| Rent | -10% $-463 | -5% $-364 | +0% $-266 | +5% $-168 | +10% $-70 |
| Rate | -1.0pp $-116 | -0.5pp $-190 | base $-266 | +0.5pp $-344 | +1.0pp $-422 |
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
- $74,750
- Closing costs
- $8,970
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 4 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10342 Commons Xing Jonesboro, GA | 4.0 | 3.0 | 2277 | $2,450 | $1.08 | 44d | 1 | 0.71mi |
| 9423 Flowering Trl Jonesboro, GA | 4.0 | 2.5 | 2994 | $2,400 | $0.80 | 44d | 1 | 1.10mi |
| 9362 Deer Crossing Lk Jonesboro, GA | 4.0 | 3.5 | 2576 | $2,535 | $0.98 | 44d | 1 | 1.19mi |
| 298 S Main St Jonesboro, GA | 5.0 | 3.0 | 3280 | $1,800 | $0.55 | 44d | 1 | 1.28mi |
HOA detail
- Monthly dues
- $27 · $324/yr
Listing history 20 events
-
2026-06-21days on market $299,000 Active 58 DOM
-
2026-06-18days on market $299,000 Active 55 DOM
-
2026-06-17days on market $299,000 Active 54 DOM
-
2026-06-16days on market $299,000 Active 53 DOM
-
2026-06-15days on market $299,000 Active 52 DOM
-
2026-06-13days on market $299,000 Active 50 DOM
-
2026-06-10price $299,000 Active 46 DOM
-
2026-06-09days on market $355,000 Active 46 DOM
Show marketing remark (577 chars)
Priced to sell! Amazing value for a newer built home. First floor offers a Den/Office, in addition there is a bedroom, w/Full bath. Separate Dinning Room with coffered ceiling. Kitchen opens to breakfast area and overlooks the living room. In the second floor you'll find the massive master bedroom and 3 other spacious secondary rooms and the laundry room. Home needs TLC, paint/new flooring. Seller will remove personal belongings. Minutes away from I-75/I-85 & 285. Just under 26 minutes to Hartsfield Jackson Int. Airport. Conveniently located near shopping and dining,
-
2026-06-08days on market $355,000 Active 45 DOM
-
2026-06-08remarks 576-char remark
-
2026-06-07days on market $355,000 Active 44 DOM
-
2026-06-04days on market $355,000 Active 41 DOM
-
2026-06-03days on market $355,000 Active 40 DOM
-
2026-06-02days on market $355,000 Active 39 DOM
-
2026-06-01days on market $355,000 Active 38 DOM
-
2026-05-31days on market $355,000 Active 37 DOM
-
2026-04-23$355,000 New 228-char remark
Show marketing remark (577 chars)
Priced to sell! Amazing value for a newer built home. First floor offers a Den/Office, in addition there is a bedroom, w/Full bath. Separate Dinning Room with coffered ceiling. Kitchen opens to breakfast area and overlooks the living room. In the second floor you'll find the massive master bedroom and 3 other spacious secondary rooms and the laundry room. Home needs TLC, paint/new flooring. Seller will remove personal belongings. Minutes away from I-75/I-85 & 285. Just under 26 minutes to Hartsfield Jackson Int. Airport. Conveniently located near shopping and dining,
-
2026-04-23$355,000 Active 228-char remark
Show marketing remark (577 chars)
Priced to sell! Amazing value for a newer built home. First floor offers a Den/Office, in addition there is a bedroom, w/Full bath. Separate Dinning Room with coffered ceiling. Kitchen opens to breakfast area and overlooks the living room. In the second floor you'll find the massive master bedroom and 3 other spacious secondary rooms and the laundry room. Home needs TLC, paint/new flooring. Seller will remove personal belongings. Minutes away from I-75/I-85 & 285. Just under 26 minutes to Hartsfield Jackson Int. Airport. Conveniently located near shopping and dining,
-
2014-05-23soldstatus $2,259,500
-
2013-07-31soldstatus $82,500
ⓘ 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
- $6,135 · $511/mo
- Projected year-2 tax
- $6,135 · $511/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 6/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,844
- − Mortgage interest
- −$16,749
- − Property taxes
- −$6,135
- − Insurance
- −$1,495
- − Repairs & maintenance
- −$2,388
- − Management
- −$2,388
- − HOA
- −$324
- − Depreciation
- −$8,698
- Taxable loss
- −$8,332
- Est. tax savings @ 24.0%
- +$2,000
- After-tax cash flow
- $-1,194/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
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
- 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 |
|
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
|
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+262.4% since first listed6 events — show timeline
- 2026-06-09 Price Changed $299,000 GAMLS
- 2026-06-09 Price Changed $299,000 FMLS
- 2026-04-23 Listed $355,000 FMLS
- 2026-04-23 Listed $355,000 GAMLS
- 2014-05-23 Sold (Public Records) $2,259,500 Public Records
- 2013-07-31 Sold (Public Records) $82,500 Public Records
Property tax history
+18.3%/yrLatest (2025): $6,135 · -10.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…