7531 Petal Pl · South Fulton, GA 30213

$335,000

5 bd · 3.0 ba · 3,016 sqft · SingleFamily public records · 38 Days on market

Built 2004 0.51 ac lot $111/sqft · 23% below area Est $433k · 23% under $35/mo HOA · 1% of rent

---

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 +16.9/30.0
• ARV discount +15.0/15.0
• DSCR +5.3/10.0
• Schools +4.5/10.0
• 1% rule +3.8/10.0
• Rent growth +3.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 5-bedroom home conveniently located approximately 20 minutes from Hartsfield-Jackson Atlanta International Airport. This spacious home features a separate formal living room and a sunken family room with a fireplace, offering multiple areas for entertaining and everyday living. The oversized owner's suite includes a sitting area, walk-in closet, and private bath with a separate tub and shower. Generously sized secondary bedrooms provide flexibility for guests, office space, or growing households. Conveniently located near shopping, dining, and major highways.

Key facts

• 0.51 acre lot
• Garage
• Built 2004

Property features AI

Finance

• HOA & community: Homeowners association with semi-annual fee of $207; HOA covers grounds maintenance; Community features: Other

Exterior

• Parking: Attached garage with garage door opener; Garage faces front; One garage space (two total parking spaces)
• Utilities: Public water; Public sewer; 220-volt electrical service; Cable available; Electricity available; Sewer available; Underground utilities; Water available
• Home design: Two levels; Resale property
• Construction: HardiPlank-type siding; Shingle roof; Slab foundation
• Exterior features: Exterior lighting; Paved road frontage on a city street

Interior

• Kitchen: Eat-in kitchen; Dishwasher; Refrigerator
• Bedrooms: One main-level bedroom; Four upper-level bedrooms; Oversized master bedroom
• Flooring: Carpet; Laminate; Luxury vinyl
• Bathrooms: Three full bathrooms; One full bathroom on the main level; Two full bathrooms on the upper level; Master bathroom with separate tub and shower
• Heating & cooling: Central heating (forced air); Central air conditioning; Ceiling fans
• Interior features: Factory-built fireplace in the family room; No shared/common walls; Other interior features
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $335k.

Deal economics

• At list price, monthly cash flow is $222 ($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 $296k (11.7% below list).
• Recommended offer: $296k (11.7% below list) — sets the bar for 1% rule.
• Cap rate 7.1% 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 C — 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: Cliftondale Elementary School (math 27% / reading 37%, grade F, #582 of 1,228 statewide, top 50%, 667 students, 62% FRL); Renaissance Middle School (math 22% / reading 27%, grade F, #301 of 470 statewide, top 66%, 1,166 students, 71% FRL); Langston Hughes High School (math 8% / reading 17%, grade F, #336 of 424 statewide, top 80%, 1,964 students, 65% FRL) — zoned schools average 66% FRL vs 41% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 23% at this address vs 51% district-wide (-28 pts) — the specific schools serving this property underperform the Fulton County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.5%/yr); 531 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 38% of the median local income ($94k/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 $10k 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 38 days — a 3% lower offer ($325k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 7y 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 $239k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $295,968 (11.7% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.88% ✗
• Cap rate: 7.09%
• Cash-on-cash: 2.84%
• DSCR: 1.13
• GRM: 9.4

CMA / ARV

• ARV (median comp): $432,538
• List price: $335,000
• Delta: -22.55%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4249 Caveat Ct	0.66mi	5/3.0	3,109 (+3%)	11mo	$480,000	$154	55
4234 Sir Dixon Dr	0.52mi	5/3.0	2,900 (-4%)	20mo	$385,000	$133	52
733 Miller Run	0.61mi	4/3.5 (-1)	3,238 (+7%)	1mo	$475,000	$147	52
7530 Springbox Dr	0.67mi	4/2.5 (-1)	2,932 (-3%)	10mo	$398,095	$136	49
7280 Wright Dr	0.68mi	4/3.5 (-1)	3,259 (+8%)	8mo	$405,000	$124	41

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 · 2.53% rent growth · sell at horizon

5-year hold

• IRR: -12.3%
• Equity multiple: 0.56×
• Total profit: $-41,592
• Equity at exit: $49,950

10-year hold

• IRR: -3.9%
• Equity multiple: 0.74×
• Total profit: $-23,960
• Equity at exit: $28,965

Cash invested: $93,800 (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 30213

• Home prices YoY: -17.7%
• Rents YoY: 2.5%
• Active inventory: 531
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,960 high
• Mortgage (P&I): −$1,757
• Tax from tax record: −$184 /mo · $2,213/yr
• Insurance: −$140
• HOA: −$35
• Vacancy / Maint / Mgmt: −$622
• Net cashflow: $222

Break-even live

Break-even rent $2,678

Max offer price $335,000

Occupancy floor 87%

Sensitivity live

Price	-10% $412	-5% $317	+0% $222	+5% $128	+10% $33
Rent	-10% $-11	-5% $105	+0% $222	+5% $339	+10% $456
Rate	-1.0pp $391	-0.5pp $308	base $222	+0.5pp $136	+1.0pp $47

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7436 Petal Pl Fairburn, GA	5.0	3.0	2872	$2,859	$1.00	6d	1	0.22mi
4274 Sir Dixon Dr Fairburn, GA	4.0	2.5	2860	$2,855	$1.00	44d	1	0.60mi
300 Pennant Ln Fairburn, GA	4.0	3.5	2948	$2,900	$0.98	44d	1	0.98mi
7571 Deerridge Way Fairburn, GA	5.0	4.0	3136	$3,049	$0.97	44d	1	0.99mi
965 Athena Bnd Fairburn, GA	4.0	2.5	3104	$3,100	$1.00	18d	1	1.02mi
4377 Montberry Ln Fairburn, GA	5.0	3.5	2896	$3,200	$1.10	25d	1	1.29mi
3225 Blackwood Ln Atlanta, GA	4.0	2.5	3011	$2,500	$0.83	25d	1	1.41mi
3225 Blackwood Ln Atlanta, GA	4.0	2.5	3200	$2,500	$0.78	44d	1	1.41mi
6876 Foxfire Pl Atlanta, GA	5.0	3.0	2990	$2,700	$0.90	44d	1	1.47mi
1087 Sly Fox Run Fairburn, GA	4.0	2.5	3736	$2,841	$0.76	25d	1	1.48mi
250 Redding Rdg Atlanta, GA	5.0	3.0	3600	$2,500	$0.69	13d	1	1.49mi
7505 Absinth Dr Atlanta, GA	5.0	3.0	2580	$2,725	$1.06	6d	1	1.50mi

HOA detail

• Monthly dues: $35 · $420/yr

Listing history 25 events

1. 2026-06-18
   days on market $335,000 Active 38 DOM
2. 2026-06-17
   days on market $335,000 Active 37 DOM
3. 2026-06-16
   days on market $335,000 Active 36 DOM
4. 2026-06-15
   days on market $335,000 Active 35 DOM
5. 2026-06-13
   days on market $335,000 Active 33 DOM
6. 2026-06-09
   days on market $335,000 Active 29 DOM
7. 2026-06-08
   days on market $335,000 Active 28 DOM
8. 2026-06-07
   days on market $335,000 Active 27 DOM
9. 2026-06-04
   days on market $335,000 Active 24 DOM
10. 2026-06-03
    days on market $335,000 Active 23 DOM
11. 2026-06-01
    days on market $335,000 Active 21 DOM
12. 2026-05-31
    days on market $335,000 Active 20 DOM
13. 2026-05-11
    listed $345,000 Active 587-char remark

    Show marketing remark (575 chars)

    Beautiful 5-bedroom home conveniently located approximately 20 minutes from Hartsfield-Jackson Atlanta International Airport. This spacious home features a separate formal living room and a sunken family room with a fireplace, offering multiple areas for entertaining and everyday living. The oversized owner's suite includes a sitting area, walk-in closet, and private bath with a separate tub and shower. Generously sized secondary bedrooms provide flexibility for guests, office space, or growing households. Conveniently located near shopping, dining, and major highways.

14. 2019-07-03
    soldstatus $239,000
15. 2019-06-28
    soldstatus $239,000 Closed 307-char remark

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

16. 2019-06-28
    soldstatus $239,000 Sold

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

17. 2019-06-05
    status Under Contract

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

18. 2019-06-05
    status Pending 307-char remark

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

19. 2019-05-31
    price $239,000
20. 2019-05-30
    price $239,000 307-char remark

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

21. 2019-05-10
    price $241,000
22. 2019-05-09
    price $241,000 307-char remark

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

23. 2019-05-07
    soldstatus $220,200
24. 2019-04-15
    listed $243,000 Active 307-char remark

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

25. 2019-04-15
    listed $243,000 New

    Show marketing remark (307 chars)

    This Fairburn two-story offers a deck, a gas fireplace, stainless steel appliances, granite kitchen countertops, and a two-car garage. Upgraded features include fresh interior paint throughout, and new carpet and vinyl in select rooms. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

ⓘ 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: $2,213 · $184/mo
• Projected year-2 tax: $3,082 · $257/mo
• Expected delta: +$869/yr (+$72/mo · 39.3%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,516
• − Mortgage interest: −$18,765
• − Property taxes: −$2,213
• − Insurance: −$1,675
• − Repairs & maintenance: −$2,841
• − Management: −$2,841
• − HOA: −$420
• − Depreciation: −$9,745
• Taxable loss: −$2,985
• Est. tax savings @ 24.0%: +$716
• After-tax cash flow: $3,385/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): 50,621
• Household income: $94,125
• Rent vs Own: 32.3% rent · 67.7% own
• Severe rent burden: 1025.0

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 (86%)
• Race & ethnicity: Black 86% White 8% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Hispanic 1% Arab 1% Lithuanian 0%
• Foreign-born: 7% · Canada
• Languages at home: 91% English-only · Spanish 4% French/Haitian/Cajun 2% Arabic 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: ▼ -50.66%
• Current HPI: 235.9372
• Rent YoY: ▲ 2.53%
• 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

+37.9% since first listed

15 events — show timeline

• 2026-05-29 Price Changed $335,000 FMLS
• 2026-05-11 Listed $345,000 FMLS
• 2026-05-11 Listed $345,000 GAMLS
• 2019-07-03 Sold (Public Records) $239,000 Public Records
• 2019-06-28 Sold (MLS) $239,000 GAMLS
• 2019-06-28 Sold (MLS) $239,000 FMLS
• 2019-06-05 Pending — GAMLS
• 2019-06-05 Pending — FMLS
• 2019-05-31 Price Changed $239,000 GAMLS
• 2019-05-30 Price Changed $239,000 FMLS
• 2019-05-10 Price Changed $241,000 GAMLS
• 2019-05-09 Price Changed $241,000 FMLS
• 2019-05-07 Sold (Public Records) $220,200 Public Records
• 2019-04-15 Listed $243,000 GAMLS
• 2019-04-15 Listed $243,000 FMLS

Property tax history

-0.9%/yr

Latest (2025): $2,213 · +3.9% YoY. Source: county tax records.