1415 Westridge Rd SW · Atlanta, GA 30311

$139,900

4 bd · 1.0 ba · 1,264 sqft · SingleFamily public records · 13 Days on market

Built 1950 0.26 ac lot $111/sqft · 55% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR SPECIAL - Priced to Move Fast! As-is opportunity on desirable Westridge Rd SW in the heart of Venetian Hills - one of Southwest Atlanta's fastest appreciating neighborhoods. Priced well below market to reflect condition and create immediate equity for the right buyer. Sold strictly as-is. Cash or hard money preferred. No seller financing. Interior photos coming soon as property is being prepared - serious buyers may schedule a walkthrough. Minutes from the Westside Beltline Trail, Tyler Perry Studios, Adams Park Golf Course, Oakland City MARTA Station, and Hartsfield-Jackson Airport. No HOA. No rental restrictions. Priced to close fast - don't miss it.

Key facts

• Westridge rd sw
• Tyler perry studios
• Venetian hills

Tags

• WESTRIDGE RD SW
• VENETIAN HILLS
• WESTSIDE BELTLINE TRAIL
• TYLER PERRY STUDIOS
• ADAMS PARK GOLF COURSE
• OAKLAND CITY MARTA STATION

Property features AI

Finance

• HOA & community: Near Beltline; Near public transportation; Near schools; Near shopping; Other community features

Exterior

• Parking: Detached parking
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Sewer available; Other utility features
• Home design: One-level home; Vinyl siding construction; Fixer condition; Other roof type; Foundations: block, brick/mortar, concrete perimeter
• Construction: Vinyl siding and other construction materials; Block, brick/mortar, and concrete perimeter foundation; Other roof
• Exterior features: Private entrance; Private yard; Back yard fencing (chain link); Shed(s) and other outbuildings

Interior

• Kitchen: Gas range; Other kitchen features
• Bedrooms: Four main-level bedrooms; Bedrooms with other/unspecified features
• Flooring: Carpet; Other flooring
• Bathrooms: One full bathroom with tub/shower combination and other features; One main-level bathroom
• Heating & cooling: Central heating; Other cooling
• Interior features: One fireplace located in the family room and living room areas; Other interior features; No shared/common walls
• Laundry & utility: Other laundry features

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $673 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 12.1% vs local median 3.1% in Atlanta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: cost of living C-.
• Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Tuskegee Airman Global Academy (math 2% / reading 2%, grade F, #1,204 of 1,228 statewide, top 100%, 520 students, 100% FRL); Herman J. Russell West End Academy (math 12% / reading 12%, grade F, #417 of 470 statewide, top 90%, 399 students, 100% FRL); Booker T. Washington High School (math 24% / reading 24%, grade F, #184 of 424 statewide, top 48%, 831 students, 100% FRL) — zoned schools average 100% FRL vs 71% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 13% at this address vs 32% district-wide (-18 pts) — the specific schools serving this property underperform the Atlanta Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.2%/yr); 250 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• At $2,161/mo this rent would consume 51% of the median local household income ($51k/yr) (locally 2825% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $39k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $139,900

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.54% ✓
• Cap rate: 12.06%
• Cash-on-cash: 20.60%
• DSCR: 1.92
• GRM: 5.4

CMA / ARV

• ARV (median comp): $309,836
• List price: $139,900
• Delta: -54.85%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1454 Westridge Rd SW	0.09mi	4/2.0	1,343 (+6%)	4mo	$189,900	$141	78
1761 Venetian Dr SW	0.16mi	3/2.0 (-1)	1,302 (+3%)	6mo	$194,000	$149	73
1169 Eastridge Rd SW	0.44mi	3/2.0 (-1)	1,316 (+4%)	2mo	$168,000	$128	62
1440 Boulevard Lorraine SW	0.61mi	3/1.0 (-1)	1,209 (-4%)	0mo	$217,000	$179	59
1439 Aniwaka Ave SW	0.35mi	3/2.0 (-1)	1,360 (+8%)	4mo	$275,000	$202	59
1753 Beechwood Blvd SW	0.28mi	3/1.5 (-1)	1,116 (-12%)	3mo	$147,000	$132	58
1283 Wichita Dr SW	0.41mi	3/2.5 (-1)	1,344 (+6%)	1mo	$330,000	$246	58
1925 Campbellton Rd SW	0.63mi	3/1.0 (-1)	1,232 (-2%)	5mo	$170,000	$138	57
1675 Avon Ave SW	0.47mi	4/3.0	1,156 (-8%)	3mo	$353,000	$305	54
1239 Avonwood Cir SW	0.36mi	3/2.0 (-1)	1,432 (+13%)	3mo	$200,000	$140	50
1762 Hadlock St SW	0.68mi	3/1.5 (-1)	1,140 (-10%)	4mo	$140,000	$123	42
1426 Elizabeth Ave SW	0.69mi	3/2.0 (-1)	1,439 (+14%)	4mo	$325,000	$226	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 9.4%
• Equity multiple: 1.36×
• Total profit: $13,906
• Equity at exit: $20,860

10-year hold

• IRR: 15.8%
• Equity multiple: 2.10×
• Total profit: $43,093
• Equity at exit: $12,096

Cash invested: $39,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30311

• Home prices YoY: -33.3%
• Rents YoY: -0.2%
• Active inventory: 250
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,161 high
• Mortgage (P&I): −$734
• Tax from tax record: −$243 /mo · $2,913/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$454
• Net cashflow: $673

Break-even live

Break-even rent $1,310

Max offer price $139,900

Occupancy floor 64%

Sensitivity live

Price	-10% $752	-5% $712	+0% $673	+5% $633	+10% $593
Rent	-10% $502	-5% $587	+0% $673	+5% $758	+10% $843
Rate	-1.0pp $743	-0.5pp $708	base $673	+0.5pp $636	+1.0pp $599

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1848 Cummings Dr SW Atlanta, GA	4.0	1.0	1216	$1,795	$1.48	25d	1	0.08mi
1876 Sandtown Rd SW Atlanta, GA	3.0	2.0	1230	$2,500	$2.03	25d	1	0.17mi
1346 Wichita Dr SW Atlanta, GA	3.0	2.0	1183	$2,125	$1.80	9d	1	0.33mi
1313 Aniwaka Ave SW Atlanta, GA	3.0	2.0	1530	$2,145	$1.40	3d	1	0.37mi
1300 Wichita Dr SW Atlanta, GA	3.0	2.0	1077	$2,200	$2.04	25d	1	0.38mi
1408 Lockwood Dr SW Atlanta, GA	3.0	2.0	1300	$1,950	$1.50	25d	1	0.49mi
1681 Hadlock St SW Atlanta, GA	3.0	2.0	1170	$1,875	$1.60	6d	1	0.51mi
1873 Campbellton Rd SW Unit A11 Atlanta, GA	4.0	2.0	1464	$1,855	$1.27	25d	1	0.53mi
1255 Westmont Rd SW Atlanta, GA	3.0	2.0	1500	$1,695	$1.13	25d	1	0.59mi
1246 Westmont Rd SW Atlanta, GA	3.0	1.0	1200	$1,500	$1.25	4d	1	0.63mi
2079 Honeysuckle Ln SW Atlanta, GA	3.0	2.0	1500	$1,900	$1.27	25d	1	0.66mi
1443 Venetian Dr SW Atlanta, GA	3.0	1.0	1139	$1,395	$1.22	25d	1	0.66mi
1280 Elizabeth Ave SW Atlanta, GA	3.0	1.0	1105	$1,950	$1.76	25d	1	0.70mi
1310 Kenilworth Dr SW Atlanta, GA	3.0	2.0	1192	$2,000	$1.68	25d	1	0.77mi
1717 Centra Villa Dr SW Atlanta, GA	1.0–3.0	1.0–2.0	1033	$1,550	$1.50	25d	1	0.77mi
1280 Kenilworth Dr SW Atlanta, GA	3.0	2.0	1000	$1,800	$1.80	25d	1	0.79mi
1262 Kenilworth Dr SW Atlanta, GA	4.0	2.0	1400	$2,400	$1.71	25d	1	0.79mi
1449 Lynford Dr SW Atlanta, GA	3.0	1.0	1242	$1,895	$1.53	19d	1	0.81mi
1449 Lynford Dr SW Atlanta, GA	3.0	1.0	1242	$1,895	$1.53	25d	1	0.81mi
1427 Lorenzo Dr SW Atlanta, GA	3.0	2.0	1128	$1,995	$1.77	25d	1	0.81mi
1080 Westmont Rd SW Atlanta, GA	3.0	2.0	1022	$2,500	$2.45	16d	1	0.82mi
1307 Lorenzo Dr SW Unit A Atlanta, GA	3.0	2.0	1300	$1,795	$1.38	25d	1	0.83mi
9051 Bayrose Cir East Point, GA	3.0	3.5	1620	$2,300	$1.42	45d	1	0.83mi
2042 Bayrose Cir Unit 42B Atlanta, GA	3.0	2.5	1370	$1,875	$1.37	5d	1	0.84mi
2148 Bayrose Cir East Point, GA	3.0	2.5	1370	$1,800	$1.31	6d	1	0.84mi
1291 Lorenzo Dr SW Unit 1 Atlanta, GA	3.0	1.0	1100	$1,825	$1.66	16d	1	0.84mi
1346 Lorenzo Dr SW Atlanta, GA	3.0	2.0	1486	$5,000	$3.36	25d	1	0.85mi
1550 Mayflower Ave SW Atlanta, GA	4.0	2.5	1396	$6,500	$4.66	21d	1	0.86mi
1435 Lanvale Dr SW Atlanta, GA	3.0	1.0	1547	$1,800	$1.16	9d	1	0.86mi
1988 Plaza Ln SW Atlanta, GA	1.0–3.0	1.0–2.0	990	$1,299	$1.31	0d	13	0.88mi
1988 Plaza Ln SW Atlanta, GA	1.0–3.0	1.0–2.0	990	$1,299	$1.31	12d	13	0.88mi
1262 Lorenzo Dr SW Atlanta, GA	4.0	2.0	1292	$2,100	$1.63	25d	1	0.88mi
3006 Bayrose Cir Unit 104B Atlanta, GA	3.0	3.0	1564	$2,300	$1.47	45d	1	0.91mi
3004 Bayrose Cir Unit 102B Atlanta, GA	3.0	3.0	1564	$2,250	$1.44	6d	1	0.91mi
3004 Bayrose Cir East Point, GA	3.0	3.0	1564	$2,350	$1.50	45d	1	0.91mi
1389 Lanvale Dr SW Atlanta, GA	3.0	2.0	1430	$2,500	$1.75	9d	1	0.93mi
1900 Stanton Rd East Point, GA	2.0–3.0	1.0	890	$1,500	$1.69	0d	10	0.94mi
2287 Boulevard Granada SW Atlanta, GA	3.0	2.0	1496	$2,050	$1.37	23d	1	0.96mi
1867 Myrtle Dr SW Atlanta, GA	3.0	2.5	1400	$1,400	$1.00	25d	1	0.98mi
1870 Myrtle Dr SW Atlanta, GA	1.0–3.0	1.0–2.0	900	$1,375	$1.53	23d	26	0.99mi

Listing history 4 events

1. 2026-05-18
   status Pending 697-char remark

   Show marketing remark (673 chars)

   INVESTOR SPECIAL - Priced to Move Fast! As-is opportunity on desirable Westridge Rd SW in the heart of Venetian Hills - one of Southwest Atlanta's fastest appreciating neighborhoods. Priced well below market to reflect condition and create immediate equity for the right buyer. Sold strictly as-is. Cash or hard money preferred. No seller financing. Interior photos coming soon as property is being prepared - serious buyers may schedule a walkthrough. Minutes from the Westside Beltline Trail, Tyler Perry Studios, Adams Park Golf Course, Oakland City MARTA Station, and Hartsfield-Jackson Airport. No HOA. No rental restrictions. Priced to close fast - don't miss it.

2. 2026-05-18
   status Under Contract 673-char remark

   Show marketing remark (673 chars)

   INVESTOR SPECIAL - Priced to Move Fast! As-is opportunity on desirable Westridge Rd SW in the heart of Venetian Hills - one of Southwest Atlanta's fastest appreciating neighborhoods. Priced well below market to reflect condition and create immediate equity for the right buyer. Sold strictly as-is. Cash or hard money preferred. No seller financing. Interior photos coming soon as property is being prepared - serious buyers may schedule a walkthrough. Minutes from the Westside Beltline Trail, Tyler Perry Studios, Adams Park Golf Course, Oakland City MARTA Station, and Hartsfield-Jackson Airport. No HOA. No rental restrictions. Priced to close fast - don't miss it.

3. 2026-05-05
   listed $139,900 Active 697-char remark

   Show marketing remark (673 chars)

   INVESTOR SPECIAL - Priced to Move Fast! As-is opportunity on desirable Westridge Rd SW in the heart of Venetian Hills - one of Southwest Atlanta's fastest appreciating neighborhoods. Priced well below market to reflect condition and create immediate equity for the right buyer. Sold strictly as-is. Cash or hard money preferred. No seller financing. Interior photos coming soon as property is being prepared - serious buyers may schedule a walkthrough. Minutes from the Westside Beltline Trail, Tyler Perry Studios, Adams Park Golf Course, Oakland City MARTA Station, and Hartsfield-Jackson Airport. No HOA. No rental restrictions. Priced to close fast - don't miss it.

4. 2026-05-05
   listed $139,900 New 673-char remark

   Show marketing remark (673 chars)

   INVESTOR SPECIAL - Priced to Move Fast! As-is opportunity on desirable Westridge Rd SW in the heart of Venetian Hills - one of Southwest Atlanta's fastest appreciating neighborhoods. Priced well below market to reflect condition and create immediate equity for the right buyer. Sold strictly as-is. Cash or hard money preferred. No seller financing. Interior photos coming soon as property is being prepared - serious buyers may schedule a walkthrough. Minutes from the Westside Beltline Trail, Tyler Perry Studios, Adams Park Golf Course, Oakland City MARTA Station, and Hartsfield-Jackson Airport. No HOA. No rental restrictions. Priced to close fast - don't miss it.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,913 · $243/mo
• Projected year-2 tax: $2,913 · $243/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,932
• − Mortgage interest: −$7,837
• − Property taxes: −$2,913
• − Insurance: −$700
• − Repairs & maintenance: −$2,075
• − Management: −$2,075
• − Depreciation: −$4,070
• Taxable income: $6,265
• Est. tax owed @ 24.0%: −$1,503
• After-tax cash flow: $6,567/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Atlanta Public Schools
• NCES district ID: 1300120
• Math proficiency: 28% ▼ -6.00%
• Reading proficiency: 35% ▼ -2.00%
• Median HH income: $48,306
• Composite: 27.27/100
• National rank: #7006
• State rank: #80 of 174 in GA

Livability — Atlanta

• Score: 83/100
• State rank: #6
• US rank: #919

Category grades

Amenities A+ Commute A+ Cost of living C- Crime A Employment B Housing A+ Health & safety A- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Atlanta, GA
• County: Fulton County · 1,094,430 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 34,953
• Household income: $50,649
• Rent vs Own: 57.1% rent · 42.9% own
• Severe rent burden: 2825.0

Population outlook (Fulton County) Hauer SSP2

• Today (2025): 1,203,707 people
• By 2030: 1,299,706 · +8.0%
• By 2040: 1,488,256 · +23.6%
• By 2050: 1,664,580 · +38.3%
• By 2075: 2,036,072 · +69.2%
• By 2100: 2,222,402 · +84.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 4% Two or more races 4% White 3%
• Common ancestry: Hispanic 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% French/Haitian/Cajun 1% Korean 1%

Political lean MEDSL · Fulton

• 2024 margin: Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
• 2008→2024 swing: +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
• All cycles: 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -129.99%
• Current HPI: 259.954
• Rent YoY: ▼ -0.19%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+0.0% since first listed

4 events — show timeline

• 2026-05-18 Pending — FMLS
• 2026-05-18 Pending — GAMLS
• 2026-05-05 Listed $139,900 GAMLS
• 2026-05-05 Listed $139,900 FMLS

Property tax history

+30.5%/yr

Latest (2025): $2,913 · -29.8% YoY. Source: county tax records.