Real Estate Investing in Rome, Georgia (30147)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30147 (Rome, 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.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rome, GA (30147)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 30147 Rome
ZIP 30147 inside Floyd County looks affordable on the surface — median value of $202K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 30147 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Rome have seen price recovery that 30147 has not matched. Floyd County data supports the view that the spread is structural rather than temporary.
Who lives in 30147 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 30147 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 Rome:
Property Strategy for 30147
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $224,974 | $1,500 | 4.8% | +10.0% | $74,991 |
| 5BR | $122,763 | — | — | — | $24,553 |
Market Trends
Home Value History (with trend line)
📊 How Does 30147 Compare?
| Metric | 30147 | Rome | Rome, GA | Georgia |
|---|---|---|---|---|
| Home Value | $202,191 | $94,927 | N/A | $329,538 |
| 5-Year CAGR | 6.0% | 5.9% | N/A | 7.8% |
| Avg Rent | $1,044 | $1,228 | N/A | - |
| Cap Rate | 4.0% | 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 30147 (Rome, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $202,191 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (4.0%). 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 30147
Population: 4,855
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 30147
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 4,677 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Rome, GA?
Rome, GA operates under GA law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
What approach is best for Rome, GA real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Rome, GA. The numbers - $202K homes against $1,044/mo rents - support that play.
What is the median home value in Rome, GA?
Typical homes in Rome, GA go for around $202K. The 5-year CAGR of 0.0% even-keeled price movement.
Does house hacking work in Rome, GA?
House hacking works a challenging in Rome, GA. Rents of $1,044/mo against $202K acquisition make the strategy solid for owner-occupants.
What do landlords charge for rent in Rome, GA?
Rent in Rome, GA is around $1,044/mo. The resulting rent-to-value relationship with $202K pricing is reasonable for most investor models.
You know 30147 now. You don’t know where it ranks.
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How 30147 ranks in Rome, GA
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