Real Estate Investing in Waleska, Georgia (30183)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cherokee County • Population: 6,320 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 30183 (Waleska, GA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.4% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 28.5 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Waleska, GA (30183)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $483,618
Avg Monthly Rent $1,413
1% Rule ✗ Does Not Meet
Median Income $92,083
% Renters 16.5%

Market Analysis: 30183 Waleska

Not every below-median market is a bargain. Waleska's 30183 ZIP reports signals that favor experienced operators who can absorb the risk $484K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 30183 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Waleska have seen price recovery that 30183 has not matched. Cherokee County data supports the view that the spread is structural rather than temporary.

The demographic picture in 30183 includes headwinds that any investor should price in. Income distribution skews lower than Waleska averages, and tenant stability requires active management.

The 30183 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Waleska:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.3× the median income
Value Trend
Rising (+3.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,413/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Atlanta-Sandy Springs-Alpharetta, GA Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
10.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Atlanta-Sandy Springs-Alpharetta, GA metro data
🏠

Property Strategy for 30183

Which property type performs best in this market?

Best for Cash Flow
2BR
3.7% cap rate
Best for Appreciation
2BR
+10.4% 5yr CAGR
Best Overall Value
4BR
$129,258/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $307,152 $1,570 3.7% +10.4% $153,576
3BR $447,322 $1,890 3.0% +9.3% $149,107
4BR $517,033 $2,300 3.2% +8.1% $129,258
5BR $658,061 +8.7% $131,612

Market Trends

Home Value History (with trend line)

$513K$437K$361K$285K$209K$133KJul 2006Jul 2016Jul 2026

📊 How Does 30183 Compare?

Metric 30183 Waleska Atlanta-Sandy Springs-Alpharetta, GA Georgia
Home Value $483,618 $483,618 N/A $329,538
5-Year CAGR 6.6% 6.6% N/A 7.8%
Avg Rent $1,413 $1,413 N/A -
Cap Rate 2.3% 2.3% - -
💡 Why Invest in 30183? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 30183 (Waleska, GA). Anonymous, moderated, never written by AI.

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Property managers serving Cherokee County

Manage rentals here? List your business →

Tolley Community Management is a full-service Community Management division specializing in Residential and Commercial Management in Metro Atlanta, offering full-service and accounting-only packages. summary from their website

HOACommercial
Unclaimed — is this your business? Claim it free

Clients 1st Property Management Specialists is a full-service real estate firm providing property management and real estate needs in Woodstock and the entire Atlanta area. summary from their website

Unclaimed — is this your business? Claim it free
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.3%
Low
5yr Growth
+6.6%
Strong

📊 Market Snapshot

Home Value $483,618
Monthly Rent $1,413
Price-to-Rent 28.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.3%
5-Year IRR 8.8%

📈 Home Appreciation

1-Year +3.5% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +6.6% ▲
10-Year CAGR +8.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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.

Vacancy
9.4%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.6%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 30183

Population: 6,320

💰 Median Household Income
$92,083
This area
$92,083
State
$64,001
USA
$74,580
🏠 Renter Occupied
16.5%
This area
16.5%
State
29.9%
USA
34.0%
💼 Unemployment Rate
3.4%
This area
3.4%
State
-18.6%
USA
3.7%
🎓 College Educated
33.0%
This area
33.0%
State
-3.0%
USA
33.7%
👤 Median Age
50.2 years
This area
50.2 years
State
10.1 years
USA
38.9 years
🏚️ Vacancy Rate
9.4%
This area
9.4%
State
15.5%
USA
10.5%
👥 Population by Ethnicity
White 87.9%
Other/Mixed 8.4%
Hispanic/Latino 6.6%
Black/African American 3.2%
Asian 0.4%
👶 Under 18
10.7%
This area
10.7%
USA
22.0%
👴 65 and Over
23.5%
This area
23.5%
USA
17.3%
📊 Poverty Rate
1.7%
This area
1.7%
USA
11.5%

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 30183

B+ Avg School Grade
1 Schools
11.6:1 Avg Class Size
$13,227 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

R. M. Moore Elementary School

📚 Pre-K – 05 Elementary
👥
1,027 Students
👨‍🏫
11.6:1 Class Size
💰
$13,227 Per Student
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

1 Nearby
C
Reinhardt University
1,170 students · 2.8 mi

Frequently Asked Questions

What is the typical home price in Waleska, GA?

In Waleska, GA the median home value sits at $484K. Against the broader GA market, that reads as reasonable for most investors.

How should investors approach Waleska, GA?

In Waleska, GA the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $484K prices and $1,413/mo rents suits that approach.

What do landlords charge for rent in Waleska, GA?

Expect rents around $1,413/mo per month in Waleska, GA. With home values at $484K, the yield math works out to reasonable levels for rental investors.

Is Waleska, GA a friendly market for rental owners?

Waleska, GA falls under GA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Are renters plentiful in Waleska, GA?

Waleska, GA draws a stable base of working renters. Demand at the $1,413/mo rent level is reasonable for standard single-family and small multi rentals.

You know 30183 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 30183 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 30183 ranks in Atlanta-Sandy Springs-Alpharetta, GA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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