Real Estate Investing in Rome, Georgia (30161)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30161 (Rome, 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: 13.5% of homes vacant — above national norms.
What’s happening in Rome, GA (30161)?
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Market Analysis: 30161 Rome
ZIP 30161 inside Floyd County looks affordable on the surface — median value of $221K — but the discount exists for reasons that a careful buyer should understand before committing.
Looking more closely, the numbers look inviting — $221K purchase price, 0.0% nominal cap — the work to hit that pro forma in 30161 is substantial and deserves full respect.
In the broader GA picture, 30161 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A resilient renter share of 39% in 30161 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 30161 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 30161
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,739 | $1,210 | 5.3% | +10.9% | $81,869 |
| 3BR | $246,068 | $1,560 | 4.6% | +9.3% | $82,023 |
| 4BR | $377,784 | $1,650 | 3.1% | +8.0% | $94,446 |
| 5BR | $139,794 | — | — | +9.9% | $27,959 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 30161 Compare?
| Metric | 30161 | Rome | Rome, GA | Georgia |
|---|---|---|---|---|
| Home Value | $221,024 | $94,927 | N/A | $329,538 |
| 5-Year CAGR | 5.5% | 5.9% | N/A | 7.8% |
| Avg Rent | $1,296 | $1,228 | N/A | - |
| Cap Rate | 4.6% | 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 30161 (Rome, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $221,024 |
| Monthly Rent | $1,296 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 30161
Population: 34,461
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 30161
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
What monthly rent should investors expect in Rome, GA?
Rents in Rome, GA run near $1,296/mo. Compared with median home prices of $221K that produces solid gross yields for typical rentals.
Are landlord laws favorable in Rome, GA?
For rental operators, Rome, GA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Does Rome, GA make sense for an investment property?
Rome, GA shows an investability rating of 3.0/5, with median home values near $221K and average rents around $1,296/mo. That combination puts it in the resilient tier for investor interest.
What is the typical renter like in Rome, GA?
Tenant demand in Rome, GA is solid. The local workforce $1,296/mo rents across most rental classes.
How high is vacancy risk in Rome, GA?
Vacancy in Rome, GA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,296/mo.
You know 30161 now. You don’t know where it ranks.
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How 30161 ranks in Rome, GA
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