391 Ralph Mcgill Blvd NE Unit P · Atlanta, GA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
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).
- ARV discount +14.9/15.0
- Cash flow +11.8/30.0
- 1% rule +7.3/10.0
- Livability +4.2/5.0
- DSCR +3.5/10.0
- Rent growth +3.2/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$180,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Urban Living at Its Best - Prime Atlanta Location! Discover an incredible opportunity to own a 2-bedroom, 1 1/2 -bath condo in the heart of Atlanta! Ideally positioned between Downtown and Midtown, this centrally located home offers unparalleled access to everything the city has to offer-just minutes from the Beltline, Ponce City Market, Fox Theatre, Mercedes-Benz Stadium, State Farm Arena, Georgia Tech, Piedmont Park, Centennial Park, Krog Street Market, and more. Commuting is a breeze with easy access to the I-75/85 connector, Inman Park MARTA station, and Hartsfield-Jackson Airport.Step inside this updated throughout this Great Home 2 bedroom 1 1/2 Bathrooms all hardwood and tile flooring Grainte counter top updated Cabinets light fixtures bathroom with double vanity Dinning Room to entertain family and Guest and then enjoy the deck and city views creating a modern and inviting atmosphere. This move-in-ready unit is part of a gated, well-maintained community with premium amenities, including 24-hour concierge service, a resort-style pool, fitness center, clubroom, grilling area, dog walk, and on-site management. The monthly HOA fee covers water, trash, pest and termite control, and grounds maintenance-making for hassle-free city living. Plus, with ample guest parking and FHA/VA approval, this property is perfect for first-time buyers or anyone looking to enjoy the benefits of homeownership in one of Atlanta's most vibrant neighborhoods. Don't miss your chance to live in the center of it all-schedule your showing today!
Key facts
- Double vanity
- Updated throughout
- Updated cabinets
Tags
Property features AI
Finance
- HOA & community: Monthly association fee; Association covers door person, internet, grounds maintenance, pest control, reserves, security, pool, termite, tennis, trash and water; 200 units in the community; Community amenities include business center, dog park, fitness center, meeting room, near Beltline and trails/greenway, park, pool, sidewalks and street lights
Exterior
- Parking: One assigned parking space; Attached, covered parking; Drive-under main level parking; Garage with door opener
- Security: Gated community; Concierge; Security included in association amenities
- Utilities: Public water; Public sewer; Underground utilities; Electricity available; Cable available; Phone available
- Home design: Two levels; Condominium; Resale unit
- Construction: Brick on all sides; Composition roof; Concrete perimeter foundation
- Exterior features: Balcony; Deck; Exterior lighting
Interior
- Kitchen: Kitchen island; Breakfast bar; Stained cabinets; Solid surface and stone counters; Wine rack; Dishwasher; Electric range; Range hood; Microwave; Self-cleaning oven; Refrigerator; Disposal
- Bedrooms: Two upper-level bedrooms; Split bedroom plan with roommate floor plan
- Flooring: Hardwood floors; Ceramic tile
- Bathrooms: One full bathroom on the upper level; One half bathroom on the main level; Master bath with double shower and double vanity
- Heating & cooling: Central heating (electric); Central air; Ceiling fans
- Interior features: Entrance foyer; High-speed internet available; Recessed lighting; His-and-hers closets; Walk-in closets; Double vanity in bath; Decorative electric fireplace in family room; Aluminum frame double-pane windows; End unit with one common wall and no one above
- Laundry & utility: Washer included; Electric dryer hookup in hall
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath townhouse listed at $180k.
Deal economics
- At list price, monthly cash flow is $-48 ($-580/yr) — negative.
- To cash-flow at today's rent, offer at most $171k (4.7% below list).
- Meets the 1% rule at list price ($2k rent vs $180k).
- Recommended offer: $171k (4.7% below list) — sets the bar for cash-flow.
- Cap rate 6.0% 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: David T Howard Middle School (math 58% / reading 63%, grade B+, #39 of 470 statewide, top 8%, 1,119 students, 19% FRL); Midtown High School (math 22% / reading 34%, grade F, #151 of 424 statewide, top 36%, 1,602 students, 19% FRL) — zoned schools average 19% FRL vs 71% district-wide (52 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 44% at this address vs 32% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Atlanta Public Schools average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising (+2.8%/yr); 237 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
- This rent runs 32% of the median local income ($83k/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 $5k 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 46 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $45k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 27% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 46 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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
- 1.23% ✓
- Cap rate
- 5.97%
- Cash-on-cash
- -1.15%
- DSCR
- 0.95
- GRM
- 6.8
CMA / ARV
- ARV (median comp)
- $215,688
- List price
- $180,000
- Delta
- -16.55%
- 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 |
|---|---|---|---|---|---|---|---|
| 383 Ralph Mcgill Blvd NE Unit J | 0.03mi | 2/1.5 | 1,204 (0%) | 1mo | $187,500 | $156 | 98 |
| 385 Ralph Mcgill Blvd NE Unit D | 0.03mi | 2/1.5 | 1,204 (0%) | 1mo | $175,000 | $145 | 98 |
| 391 Ralph Mcgill Blvd NE Unit i | 0.00mi | 2/2.5 | 1,160 (-4%) | 2mo | $242,000 | $209 | 88 |
| 1315 Mcgill Park Ave NE | 0.09mi | 2/2.0 | 1,263 (+5%) | 0mo | $305,000 | $241 | 86 |
| 1001 Mcgill Park Ave NE | 0.09mi | 2/2.0 | 1,272 (+6%) | 1mo | $328,000 | $258 | 84 |
| 1037 Mcgill Park Ave NE | 0.09mi | 2/2.0 | 1,263 (+5%) | 2mo | $341,500 | $270 | 84 |
| 462 Latta St | 0.31mi | 2/3.0 | 1,152 (-4%) | 0mo | $507,500 | $441 | 72 |
| 451 Parkway Dr NE | 0.30mi | 2/2.0 | 1,307 (+9%) | 1mo | $505,000 | $386 | 69 |
| 220 Renaissance Pkwy NE #1218 | 0.51mi | 2/2.0 | 1,277 (+6%) | 1mo | $310,000 | $243 | 63 |
| 480 John Wesley Dobbs Ave NE #617 | 0.33mi | 2/1.0 | 1,025 (-15%) | 2mo | $360,000 | $351 | 56 |
| 200 Renaissance Pkwy NE Apt 316 | 0.54mi | 2/2.0 | 1,328 (+10%) | 2mo | $325,000 | $245 | 54 |
| 400 W Peachtree St #1713 | 0.75mi | 2/2.0 | 1,127 (-6%) | 2mo | $360,000 | $319 | 51 |
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 · 2.84% rent growth · sell at horizon
- IRR
- -18.2%
- Equity multiple
- 0.36×
- Total profit
- $-32,229
- Equity at exit
- $26,839
- IRR
- -10.4%
- Equity multiple
- 0.37×
- Total profit
- $-31,970
- Equity at exit
- $15,563
Cash invested: $50,400 (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 30312
- Rents YoY
- 2.8%
- Active inventory
- 237
- Price-to-rent
- 6.8×
Monthly cashflow live
- Estimated rent
- $2,211 high interval (Pro) →
- Mortgage (P&I)
- −$944
- Tax from tax record
- −$176 /mo · $2,109/yr
- Insurance
- −$75
- HOA
- −$600
- Vacancy / Maint / Mgmt
- −$464
- Net cashflow
- $-48
Break-even live
Sensitivity live
| Price | -10% $54 | -5% $3 | +0% $-48 | +5% $-99 | +10% $-150 |
|---|---|---|---|---|---|
| Rent | -10% $-223 | -5% $-136 | +0% $-48 | +5% $39 | +10% $126 |
| Rate | -1.0pp $42 | -0.5pp $-3 | base $-48 | +0.5pp $-95 | +1.0pp $-142 |
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
- $45,000
- Closing costs
- $5,400
- 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 |
|---|---|---|---|---|---|---|---|---|
| 375 Ralph McGill Blvd NE Atlanta, GA | 2.0 | 1.0 | 1015 | $1,968 | $1.94 | 25d | 2 | 0.07mi |
| 375 Ralph McGill Blvd NE #1305 Atlanta, GA | 2.0 | 1.0 | 1080 | $1,975 | $1.83 | 14d | 1 | 0.07mi |
| 384 Ralph McGill Blvd NE #410 Atlanta, GA | 3.0 | 3.0 | 1444 | $3,400 | $2.35 | 19d | 1 | 0.08mi |
| 125 McGill Park Ave NE Atlanta, GA | 1.0 | 1.0 | 1000 | $2,100 | $2.10 | 19d | 1 | 0.13mi |
| 375 Highland Ave NE #606 Atlanta, GA | 2.0 | 2.5 | 1478 | $2,800 | $1.89 | 25d | 1 | 0.14mi |
| Mc Gill Park Ave #405 Atlanta, GA | 2.0 | 2.0 | 1458 | $3,000 | $2.06 | 25d | 1 | 0.15mi |
| 433 Highland Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 885 | $1,697 | $1.92 | 2d | 13 | 0.20mi |
| 407 Angier Ave NE Unit 202 Atlanta, GA | 2.0 | 1.0 | 860 | $1,550 | $1.80 | 23d | 1 | 0.22mi |
| 428 Parkway Dr NE Unit 430 103 Atlanta, GA | 2.0 | 1.0 | 700 | $1,545 | $2.21 | 3d | 1 | 0.23mi |
| 419 Parkway Dr NE Atlanta, GA | 2.0 | 2.0 | 1300 | $2,125 | $1.63 | 25d | 1 | 0.23mi |
| 512 Ralph McGill Blvd NE Atlanta, GA | 1.0 | 1.0 | 900 | $2,350 | $2.61 | 25d | 1 | 0.27mi |
| 400 Central Park Pl NE Atlanta, GA | 3.0 | 1.0–2.0 | 1013 | $2,469 | $2.44 | 2d | 19 | 0.28mi |
| 517 Wabash Ave NE Atlanta, GA | 3.0 | 2.0 | 1395 | $3,499 | $2.51 | 25d | 1 | 0.29mi |
| 466 Latta St NE Atlanta, GA | 3.0 | 3.0 | 1200 | $3,000 | $2.50 | 8d | 1 | 0.31mi |
| 170 NE BLVD Unit 208E Atlanta, GA | 1.0 | 1.0 | 1290 | $4,000 | $3.10 | 2d | 1 | 0.32mi |
| 480 John Wesley Dobbs Ave NE #614 Atlanta, GA | 1.0 | 1.0 | 795 | $1,950 | $2.45 | 19d | 1 | 0.33mi |
| 549 Highland Ave NE Unit 14 Atlanta, GA | 1.0 | 1.0 | 725 | $1,525 | $2.10 | 25d | 1 | 0.35mi |
| 549 Highland Ave NE Unit 16 Atlanta, GA | 1.0 | 1.0 | 725 | $1,815 | $2.50 | 25d | 1 | 0.35mi |
| 525 Parkway Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.5 | 907 | $2,500 | $2.76 | 5d | 2 | 0.41mi |
| 525 Parkway Dr NE #518 Atlanta, GA | 2.0 | 2.5 | 1157 | $2,500 | $2.16 | 23d | 1 | 0.41mi |
| 525 Parkway Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.5 | 907 | $2,500 | $2.76 | 8d | 3 | 0.41mi |
| 215 Piedmont Ave NE Atlanta, GA | 2.0–3.0 | 1.0–2.0 | 1053 | $1,930 | $1.83 | 11d | 3 | 0.43mi |
| 215 Piedmont Ave NE Atlanta, GA | 2.0–3.0 | 1.0–2.0 | 1053 | $1,845 | $1.75 | 5d | 3 | 0.43mi |
| 250 Piedmont Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1110 | $2,536 | $2.28 | 3d | 20 | 0.44mi |
| 214 Randolph St NE Atlanta, GA | 1.0–2.0 | 1.0 | 753 | $1,400 | $1.86 | 23d | 10 | 0.44mi |
| 271 Glen Iris Dr NE Unit 2a Atlanta, GA | 2.0 | 1.0 | 850 | $1,450 | $1.71 | 2d | 1 | 0.44mi |
| 542 Unit 1299415P Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 742 | $3,692 | $4.97 | 11d | 2 | 0.45mi |
| 608 Ralph McGill Blvd NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1007 | $3,161 | $3.14 | 2d | 13 | 0.46mi |
| 131 Ralph McGill Blvd NE Atlanta, GA | 2.0 | 1.0 | 1350 | $1,495 | $1.11 | 21d | 1 | 0.47mi |
| 131 Ralph McGill Blvd NE Atlanta, GA | 1.0 | 1.0 | 1000 | $1,472 | $1.47 | 23d | 2 | 0.47mi |
| 131 Ralph McGill Blvd NE Atlanta, GA | 1.0 | 1.0 | 1000 | $1,472 | $1.47 | 20d | 2 | 0.47mi |
| 131 Ralph McGill Blvd NE Atlanta, GA | 1.0 | 1.0 | 1000 | $1,450 | $1.45 | 16d | 1 | 0.47mi |
| 131 Ralph McGill Blvd NE Atlanta, GA | 1.0 | 1.0 | 1000 | $1,472 | $1.47 | 17d | 2 | 0.47mi |
| 566 Rankin St NE Unit B Atlanta, GA | 1.0 | 1.0 | 1061 | $2,200 | $2.07 | 18d | 1 | 0.48mi |
| 19 Finch Trl NE Atlanta, GA | 1.0 | 1.5 | 960 | $1,950 | $2.03 | 19d | 1 | 0.48mi |
| 544 Winton Ter NE Atlanta, GA | 2.0 | 1.0 | 837 | $5,200 | $6.21 | 21d | 1 | 0.51mi |
| 120 Ralph McGill Blvd NE #1511 Atlanta, GA | 1.0 | 1.0 | 809 | $1,395 | $1.72 | 3d | 1 | 0.51mi |
| 555 Boulevard NE Atlanta, GA | 2.0 | 1.0–2.0 | 586 | $2,230 | $3.81 | 2d | 13 | 0.51mi |
| 486 Old Wheat St NE Unit B Atlanta, GA | 1.0 | 1.0 | 760 | $1,750 | $2.30 | 25d | 1 | 0.52mi |
| 486 Old Wheat St NE Unit C Atlanta, GA | 2.0 | 1.0 | 1386 | $2,500 | $1.80 | 25d | 1 | 0.52mi |
HOA detail
- Monthly dues
- $600 · $7,200/yr
- Likely covers
- watertrashlandscapingpoolgymdoormansecurity
Listing history 17 events
-
2026-06-18days on market $180,000 Active 46 DOM
-
2026-06-17days on market $180,000 Active 45 DOM
-
2026-06-16days on market $180,000 Active 44 DOM
-
2026-06-16price $180,000 Active 43 DOM
-
2026-06-15days on market $225,000 Active 43 DOM
Show marketing remark (1550 chars)
Urban Living at Its Best - Prime Atlanta Location! Discover an incredible opportunity to own a 2-bedroom, 1 1/2 -bath condo in the heart of Atlanta! Ideally positioned between Downtown and Midtown, this centrally located home offers unparalleled access to everything the city has to offer-just minutes from the Beltline, Ponce City Market, Fox Theatre, Mercedes-Benz Stadium, State Farm Arena, Georgia Tech, Piedmont Park, Centennial Park, Krog Street Market, and more. Commuting is a breeze with easy access to the I-75/85 connector, Inman Park MARTA station, and Hartsfield-Jackson Airport.Step inside this updated throughout this Great Home 2 bedroom 1 1/2 Bathrooms all hardwood and tile flooring Grainte counter top updated Cabinets light fixtures bathroom with double vanity Dinning Room to entertain family and Guest and then enjoy the deck and city views creating a modern and inviting atmosphere. This move-in-ready unit is part of a gated, well-maintained community with premium amenities, including 24-hour concierge service, a resort-style pool, fitness center, clubroom, grilling area, dog walk, and on-site management. The monthly HOA fee covers water, trash, pest and termite control, and grounds maintenance-making for hassle-free city living. Plus, with ample guest parking and FHA/VA approval, this property is perfect for first-time buyers or anyone looking to enjoy the benefits of homeownership in one of Atlanta's most vibrant neighborhoods. Don't miss your chance to live in the center of it all-schedule your showing today!
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2026-06-13days on market $225,000 Active 41 DOM
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2026-06-13days on market $225,000 Active 40 DOM
-
2026-06-09days on market $225,000 Active 37 DOM
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2026-06-08days on market $225,000 Active 36 DOM
-
2026-06-07days on market $225,000 Active 35 DOM
-
2026-06-04days on market $225,000 Active 32 DOM
-
2026-06-03days on market $225,000 Active 31 DOM
-
2026-06-02days on market $225,000 Active 30 DOM
-
2026-06-01days on market $225,000 Active 29 DOM
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2026-05-31days on market $225,000 Active 28 DOM
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2026-05-03$225,000 Active 1547-char remark
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2026-05-01$225,000 New 1550-char remark
Show marketing remark (1550 chars)
Urban Living at Its Best - Prime Atlanta Location! Discover an incredible opportunity to own a 2-bedroom, 1 1/2 -bath condo in the heart of Atlanta! Ideally positioned between Downtown and Midtown, this centrally located home offers unparalleled access to everything the city has to offer-just minutes from the Beltline, Ponce City Market, Fox Theatre, Mercedes-Benz Stadium, State Farm Arena, Georgia Tech, Piedmont Park, Centennial Park, Krog Street Market, and more. Commuting is a breeze with easy access to the I-75/85 connector, Inman Park MARTA station, and Hartsfield-Jackson Airport.Step inside this updated throughout this Great Home 2 bedroom 1 1/2 Bathrooms all hardwood and tile flooring Grainte counter top updated Cabinets light fixtures bathroom with double vanity Dinning Room to entertain family and Guest and then enjoy the deck and city views creating a modern and inviting atmosphere. This move-in-ready unit is part of a gated, well-maintained community with premium amenities, including 24-hour concierge service, a resort-style pool, fitness center, clubroom, grilling area, dog walk, and on-site management. The monthly HOA fee covers water, trash, pest and termite control, and grounds maintenance-making for hassle-free city living. Plus, with ample guest parking and FHA/VA approval, this property is perfect for first-time buyers or anyone looking to enjoy the benefits of homeownership in one of Atlanta's most vibrant neighborhoods. Don't miss your chance to live in the center of it all-schedule your showing today!
ⓘ 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
- $2,109 · $176/mo
- Projected year-2 tax
- $2,109 · $176/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,528
- − Mortgage interest
- −$10,083
- − Property taxes
- −$2,109
- − Insurance
- −$900
- − Repairs & maintenance
- −$2,122
- − Management
- −$2,122
- − HOA
- −$7,200
- − Depreciation
- −$5,236
- Taxable loss
- −$3,245
- Est. tax savings @ 24.0%
- +$779
- After-tax cash flow
- $199/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)
- 26,942
- Household income
- $82,779
- Rent vs Own
- Severe rent burden
- 2010.0
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
- Diverse neighborhood (Simpson 0.62)
- Race & ethnicity
- Black 46% White 41% Hispanic / Latino 6% Two or more races 5% Asian 4%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Romanian 2% Lithuanian 1% Slovak 1%
- Foreign-born
- 9% · Canada
- Languages at home
- 88% English-only · Spanish 5% Other Indo-European 1% Chinese 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
- ▼ -507.19%
- Current HPI
- 240.8692
- Rent YoY
- ▲ 2.84%
- 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
-20.0% since first listed4 events — show timeline
- 2026-06-15 Price Changed $180,000 GAMLS
- 2026-06-15 Price Changed $180,000 FMLS
- 2026-05-03 Listed $225,000 FMLS
- 2026-05-01 Listed $225,000 GAMLS
Property tax history
-0.5%/yrLatest (2025): $2,109 · -2.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…