2816 Palm Dr · East Point, GA 30344

$191,840

4 bd · 2.0 ba · 1,248 sqft · SingleFamily public records · 216 Days on market

Built 2010 7,013 sqft lot Est $215k · 11% under

---

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 +19.5/30.0
• ARV discount +12.4/15.0
• DSCR +6.1/10.0
• 1% rule +4.9/10.0
• Schools +4.5/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

Key facts

• Large backyard
• Stylish kitchen
• Open layout

Tags

• OPEN LAYOUT
• STYLISH KITCHEN
• BAR COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• LARGE BACKYARD
• CONVENIENT LOCATION

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $192k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (1.3% below list).
• Recommended offer: $169k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 5.1% in East Point — 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 72/100 on livability (#72 in GA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.4%/yr); 283 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 33% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 216 days — a 12% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 19 sale attempts since 18y ago; this cycle's ask has dropped $58k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,819 (12.0% below list)

Questions for the listing agent

1. It's been on market 216 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 0.99% ✗
• Cap rate: 7.64%
• Cash-on-cash: 4.83%
• DSCR: 1.21
• GRM: 8.4

CMA / ARV

• ARV (median comp): $215,317
• List price: $191,840
• Delta: -10.90%
• 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
2902 Palm Dr	0.16mi	3/2.0 (-1)	1,226 (-2%)	18mo	$147,000	$120	70
2938 Palm Dr	0.24mi	3/2.0 (-1)	1,150 (-8%)	3mo	$209,900	$183	69
2877 Blount St	0.21mi	3/1.0 (-1)	1,164 (-7%)	9mo	$105,000	$90	62
2450 Harwood Dr	0.69mi	3/2.0 (-1)	1,241 (-1%)	6mo	$269,900	$217	57
2582 Springdale Rd SW	0.50mi	3/2.0 (-1)	1,352 (+8%)	10mo	$170,000	$126	50
2986 Harlan Dr	0.33mi	3/1.0 (-1)	1,140 (-9%)	18mo	$135,000	$118	46
3024 Wanda Cir	0.53mi	3/1.0 (-1)	1,169 (-6%)	15mo	$175,000	$150	43
2981 Palm Dr	0.31mi	3/1.0 (-1)	1,096 (-12%)	16mo	$105,000	$96	42
804 Brookdale Dr SW	0.60mi	3/1.0 (-1)	1,107 (-11%)	3mo	$188,000	$170	42
2528 Sylvan Rd	0.53mi	3/2.0 (-1)	1,113 (-11%)	14mo	$130,000	$117	41
772 Jefferson Ave SW	0.59mi	3/2.0 (-1)	1,084 (-13%)	10mo	$235,000	$217	38
2425 Hanford Dr SW	0.75mi	3/1.0 (-1)	1,424 (+14%)	2mo	$185,000	$130	31

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 · 1.35% rent growth · sell at horizon

5-year hold

• IRR: -10.6%
• Equity multiple: 0.62×
• Total profit: $-20,421
• Equity at exit: $28,604

10-year hold

• IRR: -3.7%
• Equity multiple: 0.77×
• Total profit: $-12,343
• Equity at exit: $16,587

Cash invested: $53,715 (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 30344

• Home prices YoY: -31.0%
• Rents YoY: 1.4%
• Active inventory: 283
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,894 high
• Mortgage (P&I): −$1,006
• Tax from tax record: −$194 /mo · $2,330/yr
• Insurance: −$80
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $216

Break-even live

Break-even rent $1,620

Max offer price $191,840

Occupancy floor 84%

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: $47,960
• Closing costs: $5,755
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2801 Palm Dr Atlanta, GA	3.0	1.0	1064	$1,550	$1.46	12d	1	0.05mi
2874 Blount St Atlanta, GA	3.0	1.0	1190	$1,750	$1.47	5d	1	0.15mi
2748 Blount St Atlanta, GA	3.0	1.0	1068	$1,850	$1.73	43d	1	0.24mi
2952 Palm Dr Atlanta, GA	3.0	2.0	1120	$1,875	$1.67	5d	1	0.24mi
2663 Blount St Atlanta, GA	3.0	2.0	1168	$1,650	$1.41	16d	1	0.37mi
2636 Acadia St Atlanta, GA	3.0	2.0	1300	$1,800	$1.38	24d	1	0.38mi
1100 Washington Cir Atlanta, GA	1.0–4.0	1.0–1.5	1000	$1,900	$1.90	2d	1	0.51mi
2710 Winburn Ter Atlanta, GA	3.0	2.0	1500	$1,800	$1.20	43d	1	0.59mi
1244 Calhoun Ave Atlanta, GA	3.0	1.5	1072	$1,673	$1.56	43d	1	0.65mi
3162 Oakdale Rd Atlanta, GA	3.0	1.0	1040	$3,200	$3.08	43d	1	0.76mi
2894 Randall St Atlanta, GA	4.0	2.0	1225	$1,850	$1.51	43d	1	0.78mi
1377 Pine Ave Atlanta, GA	3.0	2.0	1100	$1,675	$1.52	21d	1	0.81mi
1344 Winburn Dr Atlanta, GA	3.0	2.0	1388	$2,100	$1.51	24d	1	0.83mi
1354 Winburn Dr Atlanta, GA	3.0	1.0	1000	$1,850	$1.85	5d	1	0.85mi
751 Yale Pl SW Atlanta, GA	3.0	2.0	1230	$1,499	$1.22	24d	1	1.02mi
745 Yale Pl SW Atlanta, GA	3.0	1.0	1048	$2,200	$2.10	24d	1	1.03mi
488 Pomona Cir SW Atlanta, GA	3.0	1.0	1000	$1,800	$1.80	24d	1	1.03mi
278 Moreland Way Atlanta, GA	3.0	2.0	1000	$1,945	$1.95	24d	1	1.06mi
801 N Central Ave Atlanta, GA	2.0–4.0	2.5–3.5	1586	$3,590	$2.26	3d	10	1.08mi
535 Lake Dr Atlanta, GA	3.0	2.0	1080	$2,275	$2.11	43d	1	1.08mi
231 Maple St Atlanta, GA	3.0	2.0	1068	$1,645	$1.54	43d	1	1.19mi
2627 N Church St East Point, GA	2.0–3.0	1.0–2.0	1020	$1,375	$1.35	21d	2	1.27mi
3276 Elm St Atlanta, GA	3.0	1.0	1250	$1,685	$1.35	1d	1	1.28mi
436 Grady Pl Atlanta, GA	3.0	2.0	1425	$2,100	$1.47	15d	1	1.34mi
643 Langston Dr SW Atlanta, GA	3.0	2.0	1180	$2,000	$1.69	24d	1	1.35mi
45 Baker Dr SW Atlanta, GA	3.0	2.0	1056	$1,600	$1.52	24d	1	1.38mi
3066 Waters Rd SW Atlanta, GA	3.0	1.0	1144	$1,395	$1.22	19d	1	1.43mi
3054 Waters Rd SW Atlanta, GA	3.0	1.0	891	$1,800	$2.02	7d	1	1.44mi
3296 Myrtle St Atlanta, GA	4.0	2.0	1452	$2,275	$1.57	43d	1	1.45mi
3128 Waters Rd SW Atlanta, GA	5.0	2.0	1460	$2,315	$1.59	10d	1	1.50mi

Listing history 50 events

1. 2026-06-18
   days on market $191,840 Active 216 DOM
2. 2026-06-17
   days on market $191,840 Active 215 DOM
3. 2026-06-16
   days on market $191,840 Active 214 DOM
4. 2026-06-15
   days on market $191,840 Active 213 DOM
5. 2026-06-13
   days on market $191,840 Active 211 DOM
6. 2026-06-09
   days on market $191,840 Active 207 DOM
7. 2026-06-08
   days on market $191,840 Active 206 DOM
8. 2026-06-07
   days on market $191,840 Active 205 DOM
9. 2026-06-04
   days on market $191,840 Active 202 DOM
10. 2026-06-03
    days on market $191,840 Active 201 DOM
11. 2026-06-01
    days on market $191,840 Active 199 DOM
12. 2026-05-31
    days on market $191,840 Active 198 DOM
13. 2026-05-13
    status Active 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

14. 2026-04-30
    historical 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

15. 2026-04-23
    status Active 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

16. 2026-04-23
    price $191,840 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

17. 2026-04-23
    price $191,840 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

18. 2026-04-01
    status Back On Market 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

19. 2026-03-31
    historical 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

20. 2026-03-31
    historical 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

21. 2026-03-02
    status Back On Market 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

22. 2026-03-02
    status Active 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

23. 2026-02-28
    historical 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

24. 2026-02-28
    historical 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

25. 2026-01-20
    price $230,000 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

26. 2026-01-20
    price $230,000 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

27. 2025-12-04
    price $240,000 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

28. 2025-12-04
    price $240,000 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

29. 2025-10-07
    listed $250,000 Active 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

30. 2025-10-07
    listed $250,000 New 512-char remark

    Show marketing remark (512 chars)

    Welcome to 2816 Palm Drive - a beautifully updated home in the heart of East Point! This move-in ready gem features an open layout with flooring, fresh paint, and modern finishes throughout. Enjoy a stylish kitchen with bar countertops and stainless-steel appliances, spacious bedrooms, and updated baths. The large backyard is perfect for relaxing or entertaining, and the convenient location puts you minutes from downtown Atlanta, the airport, shopping, and dining. Perfect for first-time buyers or investors!

31. 2023-05-01
    soldstatus $232,000
32. 2023-04-24
    soldstatus $232,000 Sold
33. 2023-03-28
    status Pending
34. 2023-03-27
    historical Active Under Contract
35. 2023-01-10
    soldstatus $232,000 Closed
36. 2022-12-30
    status Pending
37. 2022-12-24
    status Active Under Contract
38. 2022-12-24
    status Under Contract
39. 2022-12-05
    price $230,000
40. 2022-12-05
    price $230,000
41. 2022-12-05
    historical
42. 2022-10-05
    status Active
43. 2022-10-05
    status Back On Market
44. 2022-09-18
    historical
45. 2022-09-18
    historical
46. 2022-09-18
    status Active
47. 2022-09-18
    status Back On Market
48. 2022-09-12
    status Under Contract
49. 2022-09-12
    historical Active Under Contract
50. 2022-08-05
    status Back On Market

ⓘ 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: $2,330 · $194/mo
• Projected year-2 tax: $2,330 · $194/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 6 d/yr ≥104°F today · 15 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: $22,726
• − Mortgage interest: −$10,746
• − Property taxes: −$2,330
• − Insurance: −$959
• − Repairs & maintenance: −$1,818
• − Management: −$1,818
• − Depreciation: −$5,581
• Taxable loss: −$526
• Est. tax savings @ 24.0%: +$126
• After-tax cash flow: $2,718/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: Fulton County
• NCES district ID: 1302280
• Math proficiency: 49% ▼ -2.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $68,035
• Composite: 45.33/100
• National rank: #2640
• State rank: #12 of 174 in GA

Livability — East Point

• Score: 72/100
• State rank: #72
• US rank: #6314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Point, GA
• County: Fulton County · 1,094,430 people
• City population: 35,456
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 35,456
• Household income: $68,380
• Rent vs Own: 56.9% rent · 43.1% own
• Severe rent burden: 2226.0

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 (74%)
• Race & ethnicity: Black 74% White 11% Hispanic / Latino 11% Two or more races 6%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Italian 1% Swiss 1% Russian 1%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 87% English-only · Spanish 9% Other Indo-European 1% German/W. Germanic 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: ▼ -113.15%
• Current HPI: 251.7916
• Rent YoY: ▲ 1.35%
• 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

+39.0% since first listed

61 events — show timeline

• 2026-05-13 Relisted — FMLS
• 2026-04-30 Listing Removed — FMLS
• 2026-04-23 Relisted — FMLS
• 2026-04-23 Price Changed $191,840 FMLS
• 2026-04-23 Price Changed $191,840 GAMLS
• 2026-04-01 Relisted — GAMLS
• 2026-03-31 Listing Removed — GAMLS
• 2026-03-31 Listing Removed — FMLS
• 2026-03-02 Relisted — GAMLS
• 2026-03-02 Relisted — FMLS
• 2026-02-28 Listing Removed — GAMLS
• 2026-02-28 Listing Removed — FMLS
• 2026-01-20 Price Changed $230,000 FMLS
• 2026-01-20 Price Changed $230,000 GAMLS
• 2025-12-04 Price Changed $240,000 FMLS
• 2025-12-04 Price Changed $240,000 GAMLS
• 2025-10-07 Listed $250,000 GAMLS
• 2025-10-07 Listed $250,000 FMLS
• 2023-05-01 Sold (Public Records) $232,000 Public Records
• 2023-04-24 Sold (MLS) $232,000 GAMLS
• 2023-03-28 Pending — FMLS
• 2023-03-27 Contingent — FMLS
• 2023-01-10 Sold (MLS) $232,000 FMLS
• 2022-12-30 Pending — FMLS
• 2022-12-24 Relisted — FMLS
• 2022-12-24 Pending — GAMLS
• 2022-12-05 Price Changed $230,000 FMLS
• 2022-12-05 Price Changed $230,000 GAMLS
• 2022-12-05 Listing Removed — FMLS
• 2022-10-05 Relisted — FMLS
• 2022-10-05 Relisted — GAMLS
• 2022-09-18 Listing Removed — FMLS
• 2022-09-18 Listing Removed — GAMLS
• 2022-09-18 Relisted — FMLS
• 2022-09-18 Relisted — GAMLS
• 2022-09-12 Pending — GAMLS
• 2022-09-12 Contingent — FMLS
• 2022-08-05 Relisted — GAMLS
• 2022-08-05 Relisted — FMLS
• 2022-07-28 Pending — FMLS
• 2022-07-28 Pending — GAMLS
• 2022-07-26 Price Changed $239,000 FMLS
• 2022-07-26 Price Changed $239,000 GAMLS
• 2022-07-25 Price Changed $229,000 FMLS
• 2022-07-25 Price Changed $229,000 GAMLS
• 2022-06-24 Price Changed $235,000 GAMLS
• 2022-06-23 Price Changed $235,000 FMLS
• 2022-06-23 Relisted — FMLS
• 2022-06-23 Relisted — GAMLS
• 2022-06-23 Price Changed $2,350,000 GAMLS
• 2022-06-11 Pending — FMLS
• 2022-06-06 Contingent — FMLS
• 2022-06-06 Pending — GAMLS
• 2022-06-03 Price Changed $249,900 FMLS
• 2022-06-02 Price Changed $236,000 FMLS
• 2022-05-13 Price Changed $249,900 FMLS
• 2022-05-10 Listed $249,900 GAMLS
• 2022-05-09 Listed $250,000 FMLS
• 2008-05-30 Sold (MLS) $14,000 FMLS
• 2008-03-12 Listed $16,900 FMLS
• 2004-07-12 Sold (Public Records) $138,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $2,330 · +9.4% YoY. Source: county tax records.