Real Estate Investing in Colbert, Georgia (30628)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30628 (Colbert, GA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 28.1 — 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 Colbert, GA (30628)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 30628 Colbert
ZIP 30628 inside Madison County looks affordable on the surface — median value of $336K — but the discount exists for reasons that a careful buyer should understand before committing.
Meanwhile, the numbers look inviting — $336K purchase price, 0.0% nominal cap — the work to hit that pro forma in 30628 is substantial and deserves full respect.
The gap between 30628 and stronger Colbert ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 30628 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 30628 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.
Here's what matters if you're considering buying a home in Colbert:
Property Strategy for 30628
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $313,393 | $1,470 | 3.4% | +9.8% | $104,464 |
| 4BR | $389,945 | $1,560 | 2.9% | +8.3% | $97,486 |
Market Trends
Home Value History (with trend line)
📊 How Does 30628 Compare?
| Metric | 30628 | Colbert | Athens-Clarke County, GA | Georgia |
|---|---|---|---|---|
| Home Value | $336,256 | $336,256 | N/A | $329,538 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.8% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 30628 (Colbert, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $336,256 |
| Monthly Rent | $999 |
| Price-to-Rent | 28.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (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.
Demographics in 30628
Population: 7,261
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 30628
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 1,770 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is house hacking profitable in Colbert, GA?
For house hackers, Colbert, GA is a challenging. The $999/mo rent on a unit helps defray the mortgage on a $336K property.
What is the rental occupancy rate in Colbert, GA?
Expect elevated vacancy in Colbert, GA. Rents at $999/mo are absorbed by the tenant base without meaningful lag.
What price range are homes in Colbert, GA?
Homes in Colbert, GA typically sell near $336K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
Where do rents currently stand in Colbert, GA?
Rent in Colbert, GA is around $999/mo. The resulting rent-to-value relationship with $336K pricing is reasonable for most investor models.
Is Colbert, GA a friendly market for rental owners?
Colbert, GA operates under GA law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 30628 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 30628 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.
How 30628 ranks in Athens-Clarke County, GA
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