2575 Picardy Cir N Unit B · South Fulton, GA 30349

$152,000

3 bd · 2.5 ba · 1,368 sqft · Townhouse · 365 Days on market

Built 1987 6,952 sqft lot Est $207k · 26% under ↓ 15% since listing

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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 +26.0/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +8.7/10.0
• 1% rule +6.9/10.0
• Schools +4.5/10.0
• Rent growth +2.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

Key facts

• Brand new flooring
• Nice back yard
• 3 parking spots

Tags

• FRESHLY RENOVATED KITCHEN
• BRAND NEW FLOORING
• NICE BACK YARD
• EASY ACCESS TO LOCAL SHOPS
• EASY ACCESS TO DINING
• EASY ACCESS TO MAJOR HIGHWAYS

Property features AI

Finance

• Other: Property is a single-unit condominium within the community
• HOA & community: Community has street lights

Exterior

• Parking: Assigned parking for 3 vehicles
• Utilities: Public water; Public sewer; Electricity (110 volts); Electricity and water available
• Home design: Condominium; Two levels; Updated/remodeled condition
• Construction: Frame construction; Shingle roof; Concrete perimeter foundation
• Exterior features: Garden; Private yard; Patio

Interior

• Kitchen: Solid surface counters; Electric range; Range hood; Dishwasher
• Bedrooms: One main-level bedroom; Two upper-level bedrooms; No special bedroom features listed
• Flooring: Hardwood floors
• Bathrooms: Two full bathrooms; One half bathroom; Master bath with tub/shower combo
• Heating & cooling: Forced air heating
• Interior features: Walk-in closet(s); End unit (shared/common wall on one side)
• Laundry & utility: Washer and dryer included; Laundry located in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $152k.

Deal economics

• At list price, monthly cash flow is $376 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $152k).
• Recommended offer: $134k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 4.6% in South Fulton — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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.
• Zoned schools: Banneker High School (math 24% / reading 75%, grade D+, #28 of 424 statewide, top 7%, 1,610 students, 100% FRL) — zoned schools average 100% FRL vs 41% district-wide (59 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 651 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 32% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 0.9% rent growth), your $43k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 365 days — a 12% lower offer ($134k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts; this cycle's ask has dropped $27k (15%) 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 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $133,760 (12.0% below list)

Questions for the listing agent

1. It's been on market 365 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. 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.
5. 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.
6. 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: 1.19% ✓
• Cap rate: 9.26%
• Cash-on-cash: 10.60%
• DSCR: 1.47
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $206,568
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2560 Picardy Cir N Unit A	0.04mi	3/2.5	1,426 (+4%)	3mo	$140,000	$98	89
5680 Hampton Ct	0.07mi	2/2.5 (-1)	1,296 (-5%)	12mo	$200,000	$154	73
1016 Camelot Dr	0.33mi	3/2.0	1,449 (+6%)	6mo	$13,000	$9	68
1310 Camelot Dr #1310	0.27mi	3/2.0	1,282 (-6%)	12mo	$45,500	$35	65
1014 Camelot Dr	0.33mi	3/2.0	1,449 (+6%)	22mo	$70,000	$48	55
5485 Hampton Ct	0.16mi	2/2.5 (-1)	1,196 (-13%)	17mo	$180,000	$151	52
2555 Flat Shoals Rd #1405	0.57mi	2/2.5 (-1)	1,430 (+4%)	12mo	$219,000	$153	51
2555 Flat Shoals Rd #3105	0.55mi	3/2.5	1,550 (+13%)	23mo	$250,000	$161	33

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

Projected returns pro-forma

10.0% appreciation · 0.95% rent growth · sell at horizon

5-year hold

• IRR: 31.2%
• Equity multiple: 3.42×
• Total profit: $103,110
• Equity at exit: $136,934

10-year hold

• IRR: 26.3%
• Equity multiple: 7.53×
• Total profit: $278,060
• Equity at exit: $295,303

Cash invested: $42,560 (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 30349

• Home prices YoY: 4.6%
• Rents YoY: 0.9%
• Active inventory: 651
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,806 high
• Mortgage (P&I): −$797
• Tax est. 1.5%: −$190 /mo · $2,280/yr
• Insurance: −$63
• HOA: −$0
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $376

Break-even live

Break-even rent $1,330

Max offer price $152,000

Occupancy floor 74%

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: $38,000
• Closing costs: $4,560
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5690 Hampton Ct Atlanta, GA	2.0	3.0	1184	$1,495	$1.26	43d	1	0.10mi
5460 Hampton Ct Atlanta, GA	2.0	3.5	1554	$1,500	$0.97	43d	1	0.20mi
6056 Carriage Ct Atlanta, GA	3.0	2.0	1400	$1,599	$1.14	5d	1	0.43mi
5410 Twin Lakes Dr Atlanta, GA	3.0	2.0	1277	$2,040	$1.60	43d	1	0.49mi
2555 Flat Shoals Rd #404 College Park, GA	3.0	2.5	1408	$1,700	$1.21	24d	1	0.50mi
2555 Flat Shoals Rd #3005 Atlanta, GA	3.0	2.5	1724	$1,850	$1.07	5d	1	0.50mi
5712 Westhill Cir Atlanta, GA	4.0	2.0	1441	$1,710	$1.19	3d	1	0.54mi
5645 Deerfield Trl Atlanta, GA	3.0	1.5	1496	$1,495	$1.00	22d	1	0.54mi
2500 Pleasant Hill Rd Atlanta, GA	2.0–3.0	1.5–2.5	1405	$1,449	$1.03	24d	2	0.55mi
2555 Flat Shoals Rd #401 Atlanta, GA	3.0	2.5	1550	$2,050	$1.32	43d	1	0.57mi
2865 Spruce Point Rd Atlanta, GA	4.0	2.0	1050	$1,910	$1.82	43d	1	0.58mi
6120 Hemperly Rd Atlanta, GA	4.0	2.5	1770	$2,100	$1.19	3d	1	0.60mi
6120 Hemperly Rd Atlanta, GA	4.0	2.5	1770	$2,100	$1.19	24d	1	0.60mi
5335 Willow Park Blvd Atlanta, GA	4.0	2.5	1716	$2,000	$1.17	43d	1	0.66mi
2890 Jerome Rd Atlanta, GA	3.0	1.5	1229	$1,761	$1.43	43d	1	0.70mi
6090 Emerald Pointe Cir Atlanta, GA	3.0	2.0	1200	$1,875	$1.56	18d	1	0.76mi
6230 Cedar Wood Dr Atlanta, GA	3.0	2.0	1238	$1,694	$1.37	43d	1	0.76mi
320 Emerald Green Ct Atlanta, GA	3.0	2.0	1575	$2,050	$1.30	43d	1	0.77mi
5370 Longmeadow Ln Atlanta, GA	3.0	2.0	1248	$1,600	$1.28	17d	1	0.84mi
6560 Emerald Pointe Cir Atlanta, GA	3.0	2.0	1309	$1,500	$1.15	22d	1	0.87mi
6027 Oak Bend Ct Riverdale, GA	3.0	2.5	1530	$2,070	$1.35	5d	1	0.90mi
2300 Flat Shoals Rd Unit 2 Riverdale, GA	2.0	3.0	1000	$1,425	$1.43	24d	1	0.91mi
5515 Scofield Rd Atlanta, GA	3.0	2.0	1109	$1,788	$1.61	10d	1	0.91mi
6048 Oak Bend Ct Riverdale, GA	3.0	2.5	1500	$1,750	$1.17	22d	1	0.95mi
855 Old Rocky Rd Atlanta, GA	3.0	2.0	1310	$1,710	$1.31	24d	1	0.98mi
6278 Rockaway Rd Atlanta, GA	3.0	2.5	1524	$2,000	$1.31	43d	1	0.98mi
6078 Oak Bend Ct Riverdale, GA	3.0	2.5	1622	$1,800	$1.11	24d	1	1.01mi
395 Fox Trail Dr Atlanta, GA	3.0	2.0	1400	$1,980	$1.41	11d	1	1.04mi
2710 Dunmoreland Ter Atlanta, GA	3.0	1.0	1198	$1,540	$1.29	43d	1	1.05mi
5442 Scofield Rd Atlanta, GA	3.0	1.5	1368	$1,775	$1.30	43d	1	1.08mi
5750 Buffington Rd Atlanta, GA	1.0–3.0	1.0–2.0	1142	$1,702	$1.49	1d	19	1.08mi
2592 Rocky Ct Atlanta, GA	2.0	2.5	1424	$2,000	$1.40	43d	1	1.10mi
2667 Rocky Ct Atlanta, GA	3.0	2.5	1432	$2,200	$1.54	43d	1	1.11mi
5866 Summerglen Ln Atlanta, GA	3.0	2.0	1400	$1,450	$1.04	43d	1	1.14mi
5380 Sand Bar Ln Atlanta, GA	3.0	2.0	1361	$1,961	$1.44	3d	1	1.14mi
5730 N Castlegate Dr Unit A Atlanta, GA	2.0	2.5	1125	$1,395	$1.24	43d	1	1.14mi
3105 Garnet Way Atlanta, GA	3.0	2.0	1470	$1,660	$1.13	12d	1	1.15mi
5740 Buffington Rd Atlanta, GA	1.0–3.0	1.0–2.5	964	$2,149	$2.23	3d	16	1.19mi
6345 Peppermill Ln Atlanta, GA	3.0	2.5	1224	$1,800	$1.47	43d	1	1.19mi
5194 Seaside Ct Atlanta, GA	4.0	2.5	1765	$2,135	$1.21	24d	1	1.21mi

Listing history 30 events

1. 2026-04-18
   status Pending
2. 2026-04-10
   historical Active Under Contract

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

3. 2026-04-10
   historical Active Under Contract 638-char remark

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

4. 2026-03-31
   status Price Change 638-char remark

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

5. 2026-03-31
   status Active

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

6. 2026-03-31
   price $152,000 638-char remark

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

7. 2026-03-31
   price $152,000

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

8. 2026-03-27
   historical Active Under Contract

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

9. 2026-03-27
   historical Active Under Contract 638-char remark

   Show marketing remark (638 chars)

   Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

10. 2026-02-26
    status Back On Market 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

11. 2026-02-26
    status Active

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

12. 2026-02-11
    status Pending
13. 2026-02-03
    historical Active Under Contract

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

14. 2026-02-03
    status Under Contract 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

15. 2026-01-29
    price $155,000 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

16. 2026-01-29
    price $155,000

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

17. 2025-09-24
    price $161,500 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

18. 2025-09-24
    price $161,500

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

19. 2025-06-06
    status Back On Market 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

20. 2025-06-06
    status Active

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

21. 2025-06-04
    historical Active Under Contract

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

22. 2025-06-04
    historical Active Under Contract 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

23. 2025-05-16
    price $172,000 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

24. 2025-05-16
    price $172,000

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

25. 2025-05-01
    price $174,000 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

26. 2025-05-01
    price $174,000

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

27. 2025-04-01
    price $179,900 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

28. 2025-04-01
    price $179,900

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

29. 2025-04-01
    listed $179,000 Active

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

30. 2025-04-01
    listed $179,000 New 638-char remark

    Show marketing remark (638 chars)

    Welcome to 2575 Picardy Circle N - a move-in ready gem perfect for first-time buyers or savvy investors! This charming 3 bed, 2.5 bath home features a freshly renovated kitchen, brand new flooring throughout, and stylish new paint that gives the space a clean, modern feel. Enjoy a spacious and functional layout with plenty of natural light, plus a nice back yard that's perfect for relaxing, gardening, or entertaining. With well-designed living space, this home offers comfort, value, and opportunity. Conveniently located with easy access to local shops, dining, and major highways - don't miss your chance to own this updated beauty!

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 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: $21,668
• − Mortgage interest: −$8,514
• − Property taxes: −$2,280
• − Insurance: −$760
• − Repairs & maintenance: −$1,733
• − Management: −$1,733
• − Depreciation: −$4,422
• Taxable income: $2,225
• Est. tax owed @ 24.0%: −$534
• After-tax cash flow: $3,978/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 — South Fulton

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: South Fulton, GA
• County: Fulton County · 1,094,430 people
• City population: 127,674
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 79,872
• Household income: $67,023
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 4258.0

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 5% Two or more races 4% White 3%
• Foreign-born: 9% · Canada
• Languages at home: 88% English-only · Spanish 6% 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: ▲ 18.01%
• Current HPI: 407.99
• Rent YoY: ▲ 0.95%
• 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

-15.1% since first listed

30 events — show timeline

• 2026-04-18 Pending — FMLS
• 2026-04-10 Contingent — FMLS
• 2026-04-10 Contingent — GAMLS
• 2026-03-31 Relisted — GAMLS
• 2026-03-31 Relisted — FMLS
• 2026-03-31 Price Changed $152,000 GAMLS
• 2026-03-31 Price Changed $152,000 FMLS
• 2026-03-27 Contingent — FMLS
• 2026-03-27 Contingent — GAMLS
• 2026-02-26 Relisted — GAMLS
• 2026-02-26 Relisted — FMLS
• 2026-02-11 Pending — FMLS
• 2026-02-03 Contingent — FMLS
• 2026-02-03 Pending — GAMLS
• 2026-01-29 Price Changed $155,000 GAMLS
• 2026-01-29 Price Changed $155,000 FMLS
• 2025-09-24 Price Changed $161,500 GAMLS
• 2025-09-24 Price Changed $161,500 FMLS
• 2025-06-06 Relisted — GAMLS
• 2025-06-06 Relisted — FMLS
• 2025-06-04 Contingent — FMLS
• 2025-06-04 Contingent — GAMLS
• 2025-05-16 Price Changed $172,000 GAMLS
• 2025-05-16 Price Changed $172,000 FMLS
• 2025-05-01 Price Changed $174,000 GAMLS
• 2025-05-01 Price Changed $174,000 FMLS
• 2025-04-01 Price Changed $179,900 GAMLS
• 2025-04-01 Price Changed $179,900 FMLS
• 2025-04-01 Listed $179,000 GAMLS
• 2025-04-01 Listed $179,000 FMLS