Real Estate Investing in Aragon, Georgia (30104)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30104 (Aragon, GA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Aragon, GA (30104)?
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Market Analysis: 30104 Aragon
Investors eyeing 30104 need to respect the fundamentals at play. Home values of $234K come alongside slower price movement and elevated management overhead.
The investment case in 30104 is substantial only for operators who understand what they are buying. A $234K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 30104 among GA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 30104 ZIP's population of 5,192 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The right play in 30104 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Aragon:
Property Strategy for 30104
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $149,931 | $1,080 | 5.2% | +9.9% | $74,965 |
| 3BR | $238,736 | $1,370 | 4.1% | +11.2% | $79,579 |
| 4BR | $311,958 | $1,440 | 3.3% | +9.3% | $77,990 |
Market Trends
Home Value History (with trend line)
📊 How Does 30104 Compare?
| Metric | 30104 | Aragon | Cedartown, GA | Georgia |
|---|---|---|---|---|
| Home Value | $233,858 | $233,858 | N/A | $329,538 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.8% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 30104 (Aragon, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,858 |
| Monthly Rent | $972 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 30104
Population: 5,192
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Investor Insight: With 4,677 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the tenant pool like in Aragon, GA?
The tenant pool in Aragon, GA is solid, supported by local employment and population fundamentals. Rents of $972/mo are well-absorbed by the market.
Does Aragon, GA favor landlords or tenants?
Aragon, GA operates under GA law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
What is the median home value in Aragon, GA?
Typical homes in Aragon, GA go for around $234K. The 5-year CAGR of 0.0% measured price movement.
What investment strategy works best in Aragon, GA?
Most investors in Aragon, GA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Does house hacking make sense in Aragon, GA?
House hacking works a challenging in Aragon, GA. Rents of $972/mo against $234K acquisition make the strategy solid for owner-occupants.
You know 30104 now. You don’t know where it ranks.
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