Real Estate Investing in Carrollton, Georgia (30116)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30116 (Carrollton, GA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Carrollton, GA (30116)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 30116 Carrollton
Stepping back, ZIP 30116 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $293K median. It rewards specialists, not generalists.
Rent of $1,806/mo on a $293K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 30116 sits below the stated 0.0% once reality is priced in.
From an investor standpoint, 30116 offers a low basis, the region around Carrollton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A robust renter share of 28% in 30116 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 30116 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Carrollton:
Property Strategy for 30116
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $204,442 | $1,340 | 4.7% | +9.0% | $102,221 |
| 3BR | $262,216 | $1,610 | 4.4% | +8.8% | $87,405 |
| 4BR | $375,557 | $1,920 | 3.7% | +7.6% | $93,889 |
| 5BR | $539,076 | — | — | +8.1% | $107,815 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 30116 Compare?
| Metric | 30116 | Carrollton | Atlanta-Sandy Springs-Alpharetta, GA | Georgia |
|---|---|---|---|---|
| Home Value | $292,897 | $192,977 | N/A | $329,538 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.8% |
| Avg Rent | $1,806 | $1,596 | N/A | - |
| Cap Rate | 4.8% | 4.3% | - | - |
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 30116 (Carrollton, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $292,897 |
| Monthly Rent | $1,806 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (4.8%). 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 30116
Population: 22,658
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
🎓 Schools in 30116
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,478 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Carrollton, GA rate as a rental market?
Yes - Carrollton, GA a 3.0/5 investability score. With $293K home prices against $1,806/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are homes affordable in Carrollton, GA?
In Carrollton, GA the median home value sits at $293K. Against the broader GA market, that reads as reasonable for most investors.
Are rents high in Carrollton, GA?
The typical rental in Carrollton, GA commands about $1,806/mo monthly. That rent profile steady cash flow against the $293K purchase basis.
How high is vacancy risk in Carrollton, GA?
Carrollton, GA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How do landlord-tenant laws work in Carrollton, GA?
Carrollton, GA operates under GA law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
You know 30116 now. You don’t know where it ranks.
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How 30116 ranks in Atlanta-Sandy Springs-Alpharetta, GA
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