5581 Shadow Rock Dr · Redan, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 8 days/yr
- Unhealthy air days in 30 yrs
- 11 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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 +16.7/30.0
- ARV discount +10.2/15.0
- DSCR +5.2/10.0
- 1% rule +4.9/10.0
- Livability +3.2/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$225,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
Key facts
- 0.46 acre lot
- 3 parking spots
- Built 1974
Property features AI
Exterior
- Parking: Driveway with room for 3 vehicles; Open parking available
- Utilities: Public water; Septic tank sewer; Electric service listed as other
- Home design: One-level home
- Construction: Shingle roof; Construction materials: other
- Exterior features: Front porch; Paved road access
Interior
- Kitchen: Eat-in kitchen; Appliances listed as other
- Bedrooms: Master bedroom on main; Three main-level bedrooms
- Flooring: Concrete; Luxury vinyl; Tile
- Bathrooms: Two full bathrooms; Master bathroom with tub/shower combo
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Vaulted ceilings; One fireplace located in the family room; No common walls; Updated / remodeled condition
- Laundry & utility: Laundry on main level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $225k.
Deal economics
- At list price, monthly cash flow is $139 ($2k/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 $222k (1.4% below list).
- Recommended offer: $218k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.0% vs local median 5.3% in Redan — 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 64/100 on livability (#274 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
- Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Shadow Rock Elementary School (math 5% / reading 5%, grade F, #1,160 of 1,228 statewide, top 98%, 489 students, 100% FRL); Redan Middle School (math 8% / reading 12%, grade F, #433 of 470 statewide, top 93%, 668 students, 100% FRL); Redan High School (math 8% / reading 17%, grade F, #336 of 424 statewide, top 80%, 951 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 9% at this address vs 24% district-wide (-14 pts) — the specific schools serving this property underperform the Dekalb County average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+1.2%/yr); 444 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
- This rent runs 43% of the median local income ($62k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 45 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 18y 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 $60k; list at $225k implies a 275% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 6→16/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 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is D 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 0.99% ✗
- Cap rate
- 7.03%
- Cash-on-cash
- 2.65%
- DSCR
- 1.12
- GRM
- 8.5
CMA / ARV
- ARV (on-the-fly)
- $239,112
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5581 Shadow Rock Dr | 0.00mi | 3/2.0 | 1,944 (0%) | 0mo | $234,000 | $120 | 100 |
| 5450 Fox Haven Trl | 0.26mi | 4/2.5 (+1) | 1,990 (+2%) | 2mo | $249,000 | $125 | 76 |
| 960 Stone Mountain Lithonia Rd | 0.22mi | 3/1.0 | 1,795 (-8%) | 2mo | $134,000 | $75 | 71 |
| 5450 Hedgeflower Ct | 0.42mi | 4/2.5 (+1) | 1,926 (-1%) | 4mo | $236,000 | $123 | 69 |
| 5175 Walker Rd | 0.57mi | 3/2.0 | 1,844 (-5%) | 1mo | $215,000 | $117 | 64 |
| 708 Greenhedge Dr | 0.33mi | 3/2.0 | 1,680 (-14%) | 2mo | $150,000 | $89 | 60 |
| 961 Redan Trce | 0.59mi | 3/2.5 | 2,080 (+7%) | 2mo | $247,000 | $119 | 58 |
| 946 Redan Trce | 0.58mi | 3/3.0 | 2,074 (+7%) | 7mo | $264,900 | $128 | 52 |
| 922 Fox Valley Ct | 0.38mi | 4/2.5 (+1) | 1,678 (-14%) | 2mo | $290,000 | $173 | 50 |
| 707 Greenhedge Dr | 0.34mi | 4/2.5 (+1) | 1,674 (-14%) | 6mo | $280,000 | $167 | 49 |
| 1040 Redan Trce | 0.75mi | 4/2.0 (+1) | 1,792 (-8%) | 5mo | $213,500 | $119 | 43 |
| 740 Post Road Trce | 0.70mi | 4/3.0 (+1) | 2,058 (+6%) | 7mo | $265,000 | $129 | 43 |
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 · 1.18% rent growth · sell at horizon
- IRR
- -14.2%
- Equity multiple
- 0.50×
- Total profit
- $-31,530
- Equity at exit
- $33,548
- IRR
- -8.8%
- Equity multiple
- 0.50×
- Total profit
- $-31,560
- Equity at exit
- $19,454
Cash invested: $63,000 (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 30058
- Home prices YoY
- -21.4%
- Rents YoY
- 1.2%
- Active inventory
- 444
- Price-to-rent
- 8.5×
Monthly cashflow live
- Estimated rent
- $2,218 high interval (Pro) →
- Mortgage (P&I)
- −$1,180
- Tax from tax record
- −$339 /mo · $4,074/yr
- Insurance
- −$94
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$466
- Net cashflow
- $139
Break-even live
Sensitivity live
| Price | -10% $266 | -5% $203 | +0% $139 | +5% $75 | +10% $12 |
|---|---|---|---|---|---|
| Rent | -10% $-36 | -5% $51 | +0% $139 | +5% $227 | +10% $314 |
| Rate | -1.0pp $252 | -0.5pp $196 | base $139 | +0.5pp $81 | +1.0pp $21 |
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
- $56,250
- Closing costs
- $6,750
- 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 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 811 King Rd Stone Mountain, GA | 3.0 | 3.0 | 1840 | $3,300 | $1.79 | 45d | 1 | 0.17mi |
| 782 Fox Valley Dr Stone Mountain, GA | 4.0 | 2.0 | 1964 | $2,000 | $1.02 | 26d | 1 | 0.41mi |
| 5486 Fox Valley Ln Stone Mountain, GA | 3.0 | 2.5 | 1536 | $1,850 | $1.20 | 21d | 1 | 0.44mi |
| 1078 Forest Path Stone Mountain, GA | 4.0 | 2.5 | 1554 | $1,845 | $1.19 | 45d | 1 | 0.68mi |
| 855 Lost Creek Cir Stone Mountain, GA | 4.0 | 2.5 | 2619 | $1,946 | $0.74 | 45d | 1 | 0.76mi |
| 5713 Wells Cir Stone Mountain, GA | 3.0 | 2.5 | 1304 | $1,706 | $1.31 | 7d | 1 | 0.77mi |
| 5621 Stonington Trace Pkwy Stone Mountain, GA | 2.0 | 3.5 | 1292 | $1,581 | $1.22 | 17d | 1 | 0.80mi |
| 5734 Lanny Ln Lithonia, GA | 3.0 | 2.0 | 1589 | $1,800 | $1.13 | 26d | 1 | 0.84mi |
| 5482 Martins Crossing Rd Stone Mountain, GA | 3.0 | 2.0 | 1482 | $1,575 | $1.06 | 14d | 1 | 0.93mi |
| 5386 Kristian Ct Stone Mountain, GA | 4.0 | 2.0 | 1531 | $1,901 | $1.24 | 26d | 1 | 0.93mi |
| 469 Sherwood Grn Stone Mountain, GA | 3.0 | 2.0 | 1792 | $1,810 | $1.01 | 13d | 1 | 0.94mi |
| 643 Navarre Dr Stone Mountain, GA | 3.0 | 2.5 | 1666 | $2,600 | $1.56 | 45d | 1 | 0.98mi |
| 1168 Perry Way Stone Mountain, GA | 4.0 | 3.0 | 2100 | $1,200 | $0.57 | 3d | 1 | 1.00mi |
| 5994 Pattillo Ln Lithonia, GA | 3.0 | 2.5 | 1680 | $1,940 | $1.15 | 7d | 1 | 1.07mi |
| 5308 Omalley Ln Stone Mountain, GA | 4.0 | 2.5 | 1950 | $1,949 | $1.00 | 45d | 1 | 1.09mi |
| 1076 Martin Rd Stone Mountain, GA | 4.0 | 2.0 | 1760 | $2,011 | $1.14 | 18d | 1 | 1.10mi |
| 5811 Navarre Ct Stone Mountain, GA | 3.0 | 2.0 | 1864 | $1,911 | $1.03 | 4d | 1 | 1.13mi |
| 905 Hemingway Rd Stone Mountain, GA | 3.0 | 2.0 | 1400 | $1,625 | $1.16 | 14d | 1 | 1.20mi |
| 450 Pennybrook Dr Stone Mountain, GA | 3.0 | 2.0 | 1404 | $1,750 | $1.25 | 26d | 1 | 1.25mi |
| 5799 Redan Rd Stone Mountain, GA | 3.0 | 2.0 | 1546 | $1,490 | $0.96 | 26d | 1 | 1.26mi |
| 5035 Martins Crossing Rd Stone Mountain, GA | 3.0 | 2.0 | 1288 | $1,550 | $1.20 | 1d | 1 | 1.30mi |
| 732 Shadow Lake Dr Lithonia, GA | 4.0 | 2.5 | 2200 | $2,800 | $1.27 | 26d | 1 | 1.31mi |
| 1467 Muirfield Dr Stone Mountain, GA | 3.0 | 2.0 | 1630 | $1,870 | $1.15 | 24d | 1 | 1.36mi |
| 1401 Panola Rd Stone Mountain, GA | 4.0 | 4.5 | 2000 | $2,975 | $1.49 | 45d | 1 | 1.37mi |
| 524 Julius Dr Stone Mountain, GA | 3.0 | 2.0 | 1780 | $1,795 | $1.01 | 45d | 1 | 1.43mi |
| 5612 Pennybrook Ct Stone Mountain, GA | 3.0 | 2.0 | 1364 | $1,941 | $1.42 | 14d | 1 | 1.46mi |
| 557 Shadow Valley Ct Lithonia, GA | 3.0 | 2.5 | 1588 | $1,700 | $1.07 | 45d | 1 | 1.49mi |
| 1433 Saint Dunstans Rd Lithonia, GA | 4.0 | 2.5 | 2283 | $1,911 | $0.84 | 26d | 1 | 1.49mi |
| 5509 Stonehaven Way Stone Mountain, GA | 4.0 | 3.0 | 1635 | $1,899 | $1.16 | 24d | 1 | 1.49mi |
| 597 Shadow Valley Ct Lithonia, GA | 3.0 | 2.0 | 2141 | $1,879 | $0.88 | 45d | 1 | 1.50mi |
Listing history 32 events
-
2026-05-06status Pending
-
2026-04-08status Under Contract 1032-char remark
Show marketing remark (1032 chars)
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
-
2026-04-08historical Active Under Contract
Show marketing remark (1032 chars)
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
-
2026-03-21$225,000 New 1032-char remark
Show marketing remark (1032 chars)
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
-
2026-03-21$225,000 Active
Show marketing remark (1032 chars)
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
-
2026-03-17historical $225,000 1032-char remark
Show marketing remark (1032 chars)
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
-
2026-03-17historical $225,000
Show marketing remark (1032 chars)
This UPDATED 3-bedroom ranch home offers comfortable living and versatile space. In addition to the centrally located family room, which showcases a large, masonry fireplace, you'll find a surprisingly spacious bonus area perfect for a home theater, playroom or additional living space. This home has NEW APPLIANCES, A NEW HVAC, NEW WATER HEATER and NEW FIXTURES throughout! Its large yard provides plenty of room for outdoor entertaining gardening, or relaxing in your own private retreat. Ideally located just minutes from Stone Mountain Village, where charming streets are lined with eclectic boutiques, chic eateries, and local breweries that create a lively community atmosphere. Outdoor lovers will appreciate the proximity to Stone Mountain Park, which features miles of scenic hiking trails, a 363-acre lake for kayaking, fishing, and other water activities, along with year-round attractions and seasonal events. This home offers the perfect blend of updated comfort, outdoor space, and vibrant local living.
-
2025-08-19historical
-
2025-08-19historical
-
2025-06-15status Back On Market
-
2025-06-15status Active
-
2025-05-04historical Active Under Contract
-
2025-05-04historical Active Under Contract
-
2025-04-26price $180,000
-
2025-04-26price $180,000
-
2025-04-22status Back On Market
-
2025-04-22status Active
-
2025-04-13historical Active Under Contract
-
2025-04-13status Active
-
2025-04-10historical Active Under Contract
-
2025-04-10historical Active Under Contract
-
2025-03-31status Back On Market
-
2025-03-31status Active
-
2025-03-26historical Active Under Contract
-
2025-03-26historical Active Under Contract
-
2025-03-05$200,000 Active
-
2025-02-21historical
-
2025-02-19$200,000 New
-
2008-10-16soldstatus $60,000
-
2008-08-12$63,000
-
2006-01-10soldstatus $160,100
-
2006-01-10soldstatus $160,100
ⓘ 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
- $4,074 · $339/mo
- Projected year-2 tax
- $4,074 · $339/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 · 16 d/yr by 30 yrs out
- Wind 5/10 Major 26% chance of damaging wind over 30 yrs
- Air quality 6/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,614
- − Mortgage interest
- −$12,603
- − Property taxes
- −$4,074
- − Insurance
- −$1,125
- − Repairs & maintenance
- −$2,129
- − Management
- −$2,129
- − Depreciation
- −$6,545
- Taxable loss
- −$1,992
- Est. tax savings @ 24.0%
- +$478
- After-tax cash flow
- $2,145/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
- Dekalb County
- NCES district ID
- 1301740
- Math proficiency
- 19% ▼ -12.00%
- Reading proficiency
- 28% ▼ -7.00%
- Median HH income
- $51,448
- Composite
- 20.92/100
- National rank
- #8482
- State rank
- #125 of 174 in GA
Livability — Redan
- Score
- 64/100
- State rank
- #274
- US rank
- #14766
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Dekalb County · 782,738 people
- City population
- 29,279
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 62,614
- Household income
- $61,684
- Rent vs Own
- Severe rent burden
- 3471.0
Population outlook (DeKalb County) Hauer SSP2
- Today (2025)
- 839,977 people
- By 2030
- 891,768 · +6.2%
- By 2040
- 988,894 · +17.7%
- By 2050
- 1,074,583 · +27.9%
- By 2075
- 1,245,026 · +48.2%
- By 2100
- 1,303,135 · +55.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (91%)
- Race & ethnicity
- Black 91% Hispanic / Latino 3% White 3% Two or more races 3%
- Common ancestry
- Hispanic 0%
- Foreign-born
- 12% · Canada, United Kingdom
- Languages at home
- 93% English-only · Spanish 2% French/Haitian/Cajun 1%
Political lean MEDSL · DeKalb
- 2024 margin
- Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
- 2008→2024 swing
- +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
- All cycles
- 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -60.90%
- Current HPI
- 224.0366
- Rent YoY
- ▲ 1.18%
- 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
+40.5% since first listed32 events — show timeline
- 2026-05-06 Pending — FMLS
- 2026-04-08 Pending — GAMLS
- 2026-04-08 Contingent — FMLS
- 2026-03-21 Listed $225,000 GAMLS
- 2026-03-21 Listed $225,000 FMLS
- 2026-03-17 Coming Soon $225,000 GAMLS
- 2026-03-17 Coming Soon $225,000 FMLS
- 2025-08-19 Listing Removed — GAMLS
- 2025-08-19 Listing Removed — FMLS
- 2025-06-15 Relisted — GAMLS
- 2025-06-15 Relisted — FMLS
- 2025-05-04 Contingent — GAMLS
- 2025-05-04 Contingent — FMLS
- 2025-04-26 Price Changed $180,000 GAMLS
- 2025-04-26 Price Changed $180,000 FMLS
- 2025-04-22 Relisted — GAMLS
- 2025-04-22 Relisted — FMLS
- 2025-04-13 Contingent — FMLS
- 2025-04-13 Relisted — FMLS
- 2025-04-10 Contingent — GAMLS
- 2025-04-10 Contingent — FMLS
- 2025-03-31 Relisted — GAMLS
- 2025-03-31 Relisted — FMLS
- 2025-03-26 Contingent — GAMLS
- 2025-03-26 Contingent — FMLS
- 2025-03-05 Listed $200,000 FMLS
- 2025-02-21 Coming Soon — FMLS
- 2025-02-19 Listed $200,000 GAMLS
- 2008-10-16 Sold (MLS) $60,000 FMLS
- 2008-08-12 Listed $63,000 FMLS
- 2006-01-10 Sold (Public Records) $160,100 Public Records
- 2006-01-10 Sold (Public Records) $160,100 Public Records
Property tax history
+11.6%/yrLatest (2025): $4,074 · -1.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…