2955 Wanda Cir SW · Atlanta, GA
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.24%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +21.2/30.0
- DSCR +6.8/10.0
- 1% rule +5.8/10.0
- Livability +4.2/5.0
- ARV discount +4.1/15.0
- Rent growth +3.3/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$150,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Updated brick ranch on an oversized lot in Atlanta's Southside, offering real land, real flexibility, and a location that keeps getting more interesting. Set quietly on a residential loop, this fully renovated four-sided brick home sits on a lot nearly twice the size of many nearby properties, expanding what's possible from day one. Inside, enjoy single-level living, great natural light, and an easy, open-feeling layout that works for a home this size. Three bedrooms keep the space comfortable, functional, and uncomplicated. Major updates are already in place: a newer roof, new flooring throughout, and new appliances give you the character of an established home without a long repair list. Outside is where this property really stands out. The larger lot provides more room to entertain, garden, or play, plus future expansion or possible accessory dwelling potential, where permitted, rare this close to the city. The location balances access and breathing room: close enough to move with the city, tucked away enough not to feel stuck in it. Perkerson Park is nearby for trails and recreation, the BeltLine Southside Trail continues to add energy and connectivity, and Lee + White's restaurants, breweries, and nightlife are about five minutes away. In roughly 10 minutes, you can reach Hartsfield-Jackson, Mercedes-Benz Stadium, or State Farm Arena, especially appealing with the 2026 World Cup on the horizon. Updated, oversized, and well placed, this Southside opportunity is built for how you want to live now and what you may want to do next.
Key facts
- Fully renovated
- Newer roof
- New flooring
Tags
Property features AI
Exterior
- Parking: Driveway; Open parking available
- Utilities: Public water; Public sewer; 110V and 220V electric; Electricity available; Natural gas available; Cable available; Phone available; Water available; Sewer available
- Home design: One level; Resale property; Rear tax/legal description: AN BD EST REAR
- Construction: Stone and brick exterior; Shingle/composition roof; Pillar/post/pier foundation; Other structures
- Exterior features: Patio; Other exterior features
Interior
- Kitchen: Dishwasher; Range hood; Refrigerator; Dining L (dining area); Other kitchen features
- Bedrooms: Three main-level bedrooms; Other bedroom features
- Flooring: Luxury vinyl; Vinyl
- Bathrooms: One full bathroom (main level); Master bathroom with other features
- Heating & cooling: Ceiling fan(s)
- Interior features: Window treatments; No common walls; Partial basement; Other interior features
- Laundry & utility: Laundry located in the kitchen
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $150k.
Deal economics
- At list price, monthly cash flow is $218 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $150k).
- Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
- Cap rate 8.0% 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: Emma Hutchinson Elementary School (math 5% / reading 5%, grade F, #1,160 of 1,228 statewide, top 98%, 297 students, 100% FRL); Crawford Long Middle School (math 2% / reading 8%, grade F, #462 of 470 statewide, top 99%, 705 students, 100% FRL); South Atlanta High School (math 2% / reading 12%, grade F, #385 of 424 statewide, top 92%, 928 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 6% at this address vs 32% district-wide (-26 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 rising (+3.2%/yr); 378 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k 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.
Negotiation context
- It's been on market 74 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 12y ago 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.
- Current owner paid $95k; list at $150k implies a 58% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: moderate flood risk; major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.08% ✓
- Cap rate
- 8.04%
- Cash-on-cash
- 6.23%
- DSCR
- 1.28
- GRM
- 7.7
CMA / ARV
- ARV (on-the-fly)
- $139,425
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2955 Wanda Cir SW | 0.00mi | 3/1.0 (+1) | 975 (0%) | 1mo | $151,000 | $155 | 94 |
| 2980 Wanda Cir SW | 0.06mi | 3/1.0 (+1) | 975 (0%) | 2mo | $120,000 | $123 | 91 |
| 682 Steve Dr SW | 0.12mi | 2/1.5 | 975 (0%) | 5mo | $90,000 | $92 | 88 |
| 2931 Diana Dr SW | 0.08mi | 3/1.5 (+1) | 1,000 (+3%) | 1mo | $220,000 | $220 | 84 |
| 2928 Diana Dr SW | 0.06mi | 3/1.0 (+1) | 1,000 (+3%) | 5mo | $87,000 | $87 | 84 |
| 3018 Wanda Cir SW | 0.09mi | 3/2.0 (+1) | 1,000 (+3%) | 3mo | $229,000 | $229 | 80 |
| 666 Campbell Cir | 0.36mi | 2/1.0 | 946 (-3%) | 8mo | $135,000 | $143 | 72 |
| 528 Lake Dr | 0.59mi | 2/1.0 | 936 (-4%) | 0mo | $125,000 | $134 | 66 |
| 544 Lake Dr | 0.57mi | 3/0.5 (+1) | 952 (-2%) | 1mo | $118,000 | $124 | 62 |
| 540 Lake Dr | 0.58mi | 3/1.0 (+1) | 930 (-5%) | 1mo | $102,000 | $110 | 59 |
| 419 Mount Zion Rd SW | 0.43mi | 3/2.0 (+1) | 1,032 (+6%) | 5mo | $225,000 | $218 | 57 |
| 3010 1st Ave SW | 0.45mi | 3/1.0 (+1) | 1,075 (+10%) | 1mo | $182,500 | $170 | 56 |
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 · 3.23% rent growth · sell at horizon
- IRR
- -6.4%
- Equity multiple
- 0.76×
- Total profit
- $-9,992
- Equity at exit
- $22,365
- IRR
- 3.5%
- Equity multiple
- 1.26×
- Total profit
- $10,921
- Equity at exit
- $12,969
Cash invested: $42,000 (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
ZIP-level market 30315
- Rents YoY
- 3.2%
- Active inventory
- 378
- Price-to-rent
- 7.7×
Monthly cashflow live
- Estimated rent
- $1,627 high interval (Pro) →
- Mortgage (P&I)
- −$787
- Tax from tax record
- −$218 /mo · $2,620/yr
- Insurance
- −$62
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$342
- Net cashflow
- $218
Break-even live
Sensitivity live
| Price | -10% $303 | -5% $261 | +0% $218 | +5% $176 | +10% $133 |
|---|---|---|---|---|---|
| Rent | -10% $90 | -5% $154 | +0% $218 | +5% $282 | +10% $347 |
| Rate | -1.0pp $294 | -0.5pp $256 | base $218 | +0.5pp $179 | +1.0pp $140 |
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
- $37,500
- Closing costs
- $4,500
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3028 Grand Ave SW Atlanta, GA | 1.0 | 1.0 | 1048 | $900 | $0.86 | 6d | 1 | 0.29mi |
| 3018 Grand Ave SW Atlanta, GA | 2.0 | 1.0 | 825 | $1,400 | $1.70 | 5d | 1 | 0.30mi |
| 735 Oak Dr Hapeville, GA | 2.0 | 1.0 | 1053 | $1,550 | $1.47 | 22d | 1 | 0.37mi |
| 3162 Oakdale Rd Atlanta, GA | 3.0 | 1.0 | 1040 | $3,200 | $3.08 | 44d | 1 | 0.38mi |
| 3116 Jackson St Atlanta, GA | 2.0 | 2.0 | 1016 | $1,900 | $1.87 | 44d | 1 | 0.41mi |
| 2875 3rd Ave SW Unit A Atlanta, GA | 2.0 | 1.0 | 900 | $1,245 | $1.38 | 2d | 1 | 0.44mi |
| 278 Moreland Way Atlanta, GA | 3.0 | 2.0 | 1000 | $1,945 | $1.95 | 25d | 1 | 0.47mi |
| 2952 Palm Dr Atlanta, GA | 3.0 | 2.0 | 1120 | $1,875 | $1.67 | 6d | 1 | 0.50mi |
| 535 Lake Dr Atlanta, GA | 3.0 | 2.0 | 1080 | $2,275 | $2.11 | 44d | 1 | 0.54mi |
| 2955 1st Ave SW Unit 1 Atlanta, GA | 1.0 | 1.0 | 600 | $1,050 | $1.75 | 25d | 1 | 0.55mi |
| 532 Cleveland Ave SW Atlanta, GA | 2.0 | 1.0 | 836 | $950 | $1.14 | 15d | 1 | 0.57mi |
| 532 Cleveland Ave SW Atlanta, GA | 2.0 | 1.0 | 836 | $925 | $1.11 | 22d | 1 | 0.57mi |
| 231 Maple St Atlanta, GA | 3.0 | 2.0 | 1068 | $1,645 | $1.54 | 44d | 1 | 0.60mi |
| 2801 Palm Dr Atlanta, GA | 3.0 | 1.0 | 1064 | $1,550 | $1.46 | 13d | 1 | 0.61mi |
| 2857 1st Ave SW Atlanta, GA | 3.0 | 2.0 | 696 | $1,899 | $2.73 | 25d | 1 | 0.64mi |
| 2959 Forrest Hills Dr SW Atlanta, GA | 1.0–2.0 | 1.0–1.5 | 925 | $1,250 | $1.35 | 14d | 1 | 0.65mi |
| 2959 Forrest Hills Dr SW Atlanta, GA | 1.0–2.0 | 1.0–1.5 | 925 | $1,250 | $1.35 | 17d | 2 | 0.65mi |
| 518 North Ave Atlanta, GA | 2.0 | 1.5 | 1096 | $2,150 | $1.96 | 11d | 1 | 0.68mi |
| 2611 Springdale Rd SW Atlanta, GA | 1.0 | 1.0 | 546 | $1,071 | $1.96 | 25d | 1 | 0.69mi |
| 2744 Miles Cir Unit 2746 Atlanta, GA | 2.0 | 1.0 | 800 | $1,295 | $1.62 | 2d | 1 | 0.78mi |
| 3301 Old Jonesboro Rd Atlanta, GA | 2.0 | 1.0 | 899 | $2,250 | $2.50 | 6d | 1 | 0.79mi |
| 3287 Russell St Atlanta, GA | 2.0 | 1.0 | 800 | $1,195 | $1.49 | 44d | 1 | 0.82mi |
| 2748 Blount St Atlanta, GA | 3.0 | 1.0 | 1068 | $1,850 | $1.73 | 44d | 1 | 0.82mi |
| 2718 Miles Cir Unit 1 Atlanta, GA | 2.0 | 1.0 | 750 | $1,300 | $1.73 | 16d | 1 | 0.85mi |
| 3054 Waters Rd SW Atlanta, GA | 3.0 | 1.0 | 891 | $1,800 | $2.02 | 8d | 1 | 0.86mi |
| 45 Baker Dr SW Atlanta, GA | 3.0 | 2.0 | 1056 | $1,600 | $1.52 | 25d | 1 | 0.88mi |
| 488 Pomona Cir SW Atlanta, GA | 3.0 | 1.0 | 1000 | $1,800 | $1.80 | 25d | 1 | 0.92mi |
| 852 Custer St Hapeville, GA | 1.0 | 1.0 | 610 | $1,600 | $2.62 | 19d | 1 | 0.93mi |
| 1100 Washington Cir Atlanta, GA | 1.0–4.0 | 1.0–1.5 | 1000 | $1,333 | $1.33 | 3d | 1 | 1.00mi |
| 1244 Calhoun Ave Atlanta, GA | 3.0 | 1.5 | 1072 | $1,673 | $1.56 | 44d | 1 | 1.07mi |
| 2745 Old Hapeville Rd SW Atlanta, GA | 2.0–3.0 | 2.0 | 1007 | $1,250 | $1.24 | 16d | 1 | 1.08mi |
| 2786 Old Hapeville Rd SW Atlanta, GA | 2.0 | 1.5 | 1050 | $1,150 | $1.10 | 25d | 1 | 1.12mi |
| 1255 Pine Ave Unit 2 East Point, GA | 2.0 | 1.0 | 700 | $1,400 | $2.00 | 44d | 1 | 1.14mi |
| 3041 North St Unit B East Point, GA | 2.0 | 1.0 | 650 | $895 | $1.38 | 44d | 1 | 1.14mi |
| 2541 Jewel St Unit B East Point, GA | 1.0 | 1.0 | 600 | $1,000 | $1.67 | 44d | 1 | 1.16mi |
| 745 Yale Pl SW Atlanta, GA | 3.0 | 1.0 | 1048 | $2,200 | $2.10 | 25d | 1 | 1.23mi |
| 3558 Elm St Atlanta, GA | 3.0 | 1.0–2.0 | 1098 | $2,751 | $2.50 | 13d | 33 | 1.28mi |
| 536 College St Hapeville, GA | 2.0 | 1.0 | 765 | $1,295 | $1.69 | 18d | 1 | 1.31mi |
| 3640 S Fulton Ave Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 950 | $1,793 | $1.89 | 2d | 27 | 1.32mi |
| 536 College St Apt 10 Hapeville, GA | 2.0 | 1.0 | 636 | $1,295 | $2.04 | 44d | 1 | 1.32mi |
Listing history 16 events
-
2026-04-16historical Active Under Contract 1562-char remark
Show marketing remark (1562 chars)
Updated brick ranch on an oversized lot in Atlanta's Southside, offering real land, real flexibility, and a location that keeps getting more interesting. Set quietly on a residential loop, this fully renovated four-sided brick home sits on a lot nearly twice the size of many nearby properties, expanding what's possible from day one. Inside, enjoy single-level living, great natural light, and an easy, open-feeling layout that works for a home this size. Three bedrooms keep the space comfortable, functional, and uncomplicated. Major updates are already in place: a newer roof, new flooring throughout, and new appliances give you the character of an established home without a long repair list. Outside is where this property really stands out. The larger lot provides more room to entertain, garden, or play, plus future expansion or possible accessory dwelling potential, where permitted, rare this close to the city. The location balances access and breathing room: close enough to move with the city, tucked away enough not to feel stuck in it. Perkerson Park is nearby for trails and recreation, the BeltLine Southside Trail continues to add energy and connectivity, and Lee + White's restaurants, breweries, and nightlife are about five minutes away. In roughly 10 minutes, you can reach Hartsfield-Jackson, Mercedes-Benz Stadium, or State Farm Arena, especially appealing with the 2026 World Cup on the horizon. Updated, oversized, and well placed, this Southside opportunity is built for how you want to live now and what you may want to do next.
-
2026-04-16historical Active Under Contract
Show marketing remark (1562 chars)
Updated brick ranch on an oversized lot in Atlanta's Southside, offering real land, real flexibility, and a location that keeps getting more interesting. Set quietly on a residential loop, this fully renovated four-sided brick home sits on a lot nearly twice the size of many nearby properties, expanding what's possible from day one. Inside, enjoy single-level living, great natural light, and an easy, open-feeling layout that works for a home this size. Three bedrooms keep the space comfortable, functional, and uncomplicated. Major updates are already in place: a newer roof, new flooring throughout, and new appliances give you the character of an established home without a long repair list. Outside is where this property really stands out. The larger lot provides more room to entertain, garden, or play, plus future expansion or possible accessory dwelling potential, where permitted, rare this close to the city. The location balances access and breathing room: close enough to move with the city, tucked away enough not to feel stuck in it. Perkerson Park is nearby for trails and recreation, the BeltLine Southside Trail continues to add energy and connectivity, and Lee + White's restaurants, breweries, and nightlife are about five minutes away. In roughly 10 minutes, you can reach Hartsfield-Jackson, Mercedes-Benz Stadium, or State Farm Arena, especially appealing with the 2026 World Cup on the horizon. Updated, oversized, and well placed, this Southside opportunity is built for how you want to live now and what you may want to do next.
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2026-03-09$150,000 New 1562-char remark
Show marketing remark (1562 chars)
Updated brick ranch on an oversized lot in Atlanta's Southside, offering real land, real flexibility, and a location that keeps getting more interesting. Set quietly on a residential loop, this fully renovated four-sided brick home sits on a lot nearly twice the size of many nearby properties, expanding what's possible from day one. Inside, enjoy single-level living, great natural light, and an easy, open-feeling layout that works for a home this size. Three bedrooms keep the space comfortable, functional, and uncomplicated. Major updates are already in place: a newer roof, new flooring throughout, and new appliances give you the character of an established home without a long repair list. Outside is where this property really stands out. The larger lot provides more room to entertain, garden, or play, plus future expansion or possible accessory dwelling potential, where permitted, rare this close to the city. The location balances access and breathing room: close enough to move with the city, tucked away enough not to feel stuck in it. Perkerson Park is nearby for trails and recreation, the BeltLine Southside Trail continues to add energy and connectivity, and Lee + White's restaurants, breweries, and nightlife are about five minutes away. In roughly 10 minutes, you can reach Hartsfield-Jackson, Mercedes-Benz Stadium, or State Farm Arena, especially appealing with the 2026 World Cup on the horizon. Updated, oversized, and well placed, this Southside opportunity is built for how you want to live now and what you may want to do next.
-
2026-03-09$150,000 Active
Show marketing remark (1562 chars)
Updated brick ranch on an oversized lot in Atlanta's Southside, offering real land, real flexibility, and a location that keeps getting more interesting. Set quietly on a residential loop, this fully renovated four-sided brick home sits on a lot nearly twice the size of many nearby properties, expanding what's possible from day one. Inside, enjoy single-level living, great natural light, and an easy, open-feeling layout that works for a home this size. Three bedrooms keep the space comfortable, functional, and uncomplicated. Major updates are already in place: a newer roof, new flooring throughout, and new appliances give you the character of an established home without a long repair list. Outside is where this property really stands out. The larger lot provides more room to entertain, garden, or play, plus future expansion or possible accessory dwelling potential, where permitted, rare this close to the city. The location balances access and breathing room: close enough to move with the city, tucked away enough not to feel stuck in it. Perkerson Park is nearby for trails and recreation, the BeltLine Southside Trail continues to add energy and connectivity, and Lee + White's restaurants, breweries, and nightlife are about five minutes away. In roughly 10 minutes, you can reach Hartsfield-Jackson, Mercedes-Benz Stadium, or State Farm Arena, especially appealing with the 2026 World Cup on the horizon. Updated, oversized, and well placed, this Southside opportunity is built for how you want to live now and what you may want to do next.
-
2026-03-09historical
Show marketing remark (1562 chars)
Updated brick ranch on an oversized lot in Atlanta's Southside, offering real land, real flexibility, and a location that keeps getting more interesting. Set quietly on a residential loop, this fully renovated four-sided brick home sits on a lot nearly twice the size of many nearby properties, expanding what's possible from day one. Inside, enjoy single-level living, great natural light, and an easy, open-feeling layout that works for a home this size. Three bedrooms keep the space comfortable, functional, and uncomplicated. Major updates are already in place: a newer roof, new flooring throughout, and new appliances give you the character of an established home without a long repair list. Outside is where this property really stands out. The larger lot provides more room to entertain, garden, or play, plus future expansion or possible accessory dwelling potential, where permitted, rare this close to the city. The location balances access and breathing room: close enough to move with the city, tucked away enough not to feel stuck in it. Perkerson Park is nearby for trails and recreation, the BeltLine Southside Trail continues to add energy and connectivity, and Lee + White's restaurants, breweries, and nightlife are about five minutes away. In roughly 10 minutes, you can reach Hartsfield-Jackson, Mercedes-Benz Stadium, or State Farm Arena, especially appealing with the 2026 World Cup on the horizon. Updated, oversized, and well placed, this Southside opportunity is built for how you want to live now and what you may want to do next.
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2026-01-27price $165,000
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2026-01-19price $143,700
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2026-01-05price $105,700
-
2026-01-05$169,000 New
-
2016-01-08historical
-
2015-07-10$49,900 New
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2015-02-28historical
-
2014-12-03$35,000 New
-
2006-07-19soldstatus $95,000
-
1999-08-23soldstatus $62,000
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1985-09-27soldstatus $41,500
ⓘ 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
- $2,620 · $218/mo
- Projected year-2 tax
- $2,620 · $218/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 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥104°F today · 17 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $19,528
- − Mortgage interest
- −$8,402
- − Property taxes
- −$2,620
- − Insurance
- −$750
- − Repairs & maintenance
- −$1,562
- − Management
- −$1,562
- − Depreciation
- −$4,364
- Taxable income
- $267
- Est. tax owed @ 24.0%
- −$64
- After-tax cash flow
- $2,553/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
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)
- 34,264
- Household income
- $50,822
- Rent vs Own
- Severe rent burden
- 2962.0
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 (72%)
- Race & ethnicity
- Black 72% White 14% Hispanic / Latino 10% Two or more races 4%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Romanian 1% Italian 1% Lithuanian 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 90% English-only · Spanish 9% French/Haitian/Cajun 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
- ▼ -281.87%
- Current HPI
- 176.673
- Rent YoY
- ▲ 3.23%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+261.4% since first listed16 events — show timeline
- 2026-04-16 Contingent — GAMLS
- 2026-04-16 Contingent — FMLS
- 2026-03-09 Listing Removed — GAMLS
- 2026-03-09 Listed $150,000 FMLS
- 2026-03-09 Listed $150,000 GAMLS
- 2026-01-27 Price Changed $165,000 GAMLS
- 2026-01-19 Price Changed $143,700 GAMLS
- 2026-01-05 Price Changed $105,700 GAMLS
- 2026-01-05 Listed $169,000 GAMLS
- 2016-01-08 Listing Removed — GAMLS
- 2015-07-10 Listed $49,900 GAMLS
- 2015-02-28 Listing Removed — GAMLS
- 2014-12-03 Listed $35,000 GAMLS
- 2006-07-19 Sold (Public Records) $95,000 Public Records
- 1999-08-23 Sold (Public Records) $62,000 Public Records
- 1985-09-27 Sold (Public Records) $41,500 Public Records
Property tax history
+3.2%/yrLatest (2025): $2,620 · -5.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…