539 Prince Of Wales · Pine Lake, GA 30083

$120,900

2 bd · 2.0 ba · 1,092 sqft · Townhouse public records · 321 Days on market

Built 1983 4,356 sqft lot $111/sqft · 17% below area Est $146k · 17% under

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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 +20.6/30.0
• ARV discount +15.0/15.0
• 1% rule +6.8/10.0
• DSCR +6.5/10.0
• Livability +3.4/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1700 plus per month. 2 bed, 2 bath newly renovated unit of 1100 square feet. Has been tenant occupied until recently with consistent payments. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all appliances remain, pantry, dishwasher, and dining area. Extra large living room with stone fireplace, with back door leading to a private fenced in patio, with an attached storage Room. Laundry closet with washer/dryer hookup to accommodate a full size washer and dryer. End lot with front, side and backyard. On Marta bus line. Unit is occupied with furniture. The property is available for showings by appointment only. No creative financing and only serious inquiries please!

Key facts

• Security alarm
• Laundry closet
• No hoa fees

Tags

• NEWLY RENOVATED UNIT
• NO HOA FEES
• SECURITY ALARM
• PRIVATE FENCED IN PATIO
• ATTACHED STORAGE ROOM
• LAUNDRY CLOSET

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath townhouse listed at $121k.

Deal economics

• At list price, monthly cash flow is $161 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $121k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.9% in Pine Lake — 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 67/100 on livability (#160 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools B; Watch: amenities F, commute F, health & safety 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.
• Market conditions: Rents rising (+1.3%/yr); 257 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 31% of the median local income ($55k/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 $836 of loan paydown is wiped out by about $4k 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 321 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 14y ago; this cycle's ask has dropped $28k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price.
• Climate carrying-cost: moderate wind risk, 23% 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 $106,392 (12.0% below list)

Questions for the listing agent

1. It's been on market 321 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.18% ✓
• Cap rate: 7.89%
• Cash-on-cash: 5.71%
• DSCR: 1.25
• GRM: 7.1

CMA / ARV

• ARV (median comp): $145,934
• List price: $120,900
• Delta: -17.15%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
419 Prince OF Wales	0.08mi	2/2.5	1,092 (0%)	6mo	$99,000	$91	89
400 Prince Of Wales	0.12mi	2/2.5	1,036 (-5%)	5mo	$100,000	$97	80
415 Prince OF Wales	0.08mi	2/1.5	1,050 (-4%)	24mo	$181,000	$172	68
426 Prince Of Wales	0.11mi	2/2.5	1,036 (-5%)	23mo	$180,000	$174	65
168 Walter Way	0.42mi	2/2.5	1,178 (+8%)	1mo	$177,900	$151	64
4711 Shumate Dr	0.37mi	2/2.5	1,178 (+8%)	6mo	$176,000	$149	62
4698 Shumate Dr	0.35mi	2/2.5	1,178 (+8%)	17mo	$179,000	$152	54
4667 Shumate Dr	0.29mi	2/2.5	1,178 (+8%)	22mo	$200,000	$170	53
199 Walter Way	0.39mi	2/2.5	1,178 (+8%)	23mo	$193,000	$164	48

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: -9.6%
• Equity multiple: 0.66×
• Total profit: $-11,624
• Equity at exit: $18,027

10-year hold

• IRR: -2.9%
• Equity multiple: 0.82×
• Total profit: $-5,977
• Equity at exit: $10,453

Cash invested: $33,852 (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 30083

• Rents YoY: 1.3%
• Active inventory: 257
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,428 high
• Mortgage (P&I): −$634
• Tax from tax record: −$283 /mo · $3,398/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $161

Break-even live

Break-even rent $1,225

Max offer price $120,900

Occupancy floor 84%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $30,225
• Closing costs: $3,627
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
478 Prince of Wales Stone Mountain, GA	2.0	2.0	1064	$1,475	$1.39	44d	1	0.07mi
421 Prince of Wales Stone Mountain, GA	2.0	2.5	1036	$1,250	$1.21	22d	1	0.09mi
4631 Garden Hills Dr Stone Mountain, GA	3.0	2.0	1382	$1,671	$1.21	17d	1	0.20mi
4625 High Collier Walk Stone Mountain, GA	3.0	2.0	1400	$1,000	$0.71	12d	1	0.21mi
436 Allgood Cir Stone Mountain, GA	3.0	2.5	1452	$1,875	$1.29	24d	1	0.40mi
488 Barclay Ct Stone Mountain, GA	3.0	2.5	1490	$2,160	$1.45	13d	1	0.43mi
481 Hambrick Rd Stone Mountain, GA	1.0–2.0	1.0	720	$1,150	$1.60	44d	5	0.63mi
500 Hambrick Sq Stone Mountain, GA	1.0–4.0	1.0–2.0	1238	$1,250	$1.01	5d	2	0.86mi
621 Windchase Ln Stone Mountain, GA	2.0	2.0	912	$1,200	$1.32	44d	1	0.88mi
5165 Fairforest Dr Stone Mountain, GA	3.0	2.0	1344	$1,695	$1.26	44d	1	0.88mi
594 Windchase Ln Rm B Stone Mountain, GA	3.0	2.0	1092	$750	$0.69	5d	1	0.89mi
4813 Hairston Pl Stone Mountain, GA	2.0	2.0	1204	$1,400	$1.16	44d	1	1.04mi
2700 Summit Creek Dr Stone Mountain, GA	2.0	1.0–2.0	926	$1,279	$1.38	2d	34	1.06mi
841 Arbor Ct Stone Mountain, GA	3.0	2.0	1448	$1,845	$1.27	22d	1	1.11mi
4899 Hairston Pl Stone Mountain, GA	3.0	2.5	1468	$1,981	$1.35	13d	1	1.19mi
869 Heritage Oaks Dr Stone Mountain, GA	3.0	2.5	1400	$1,289	$0.92	5d	1	1.31mi
827 San Miguel Dr Stone Mountain, GA	3.0	2.0	1272	$1,550	$1.22	17d	1	1.35mi
5035 Martins Crossing Rd Stone Mountain, GA	3.0	2.0	1288	$1,450	$1.13	4d	1	1.36mi
905 Hemingway Rd Stone Mountain, GA	3.0	2.0	1400	$1,625	$1.16	13d	1	1.38mi
6097 Memorial Dr Stone Mountain, GA	2.0–3.0	1.0–2.0	1123	$1,341	$1.19	3d	9	1.39mi
924 Lake Drive Ter Stone Mountain, GA	3.0	2.0	1380	$1,670	$1.21	44d	1	1.41mi
1038 S Hairston Rd Stone Mountain, GA	1.0–3.0	1.0–2.0	912	$1,092	$1.20	5d	1	1.49mi

Listing history 31 events

1. 2026-06-18
   days on market $120,900 Active 321 DOM
2. 2026-06-17
   days on market $120,900 Active 320 DOM
3. 2026-06-16
   days on market $120,900 Active 319 DOM
4. 2026-06-15
   days on market $120,900 Active 318 DOM
5. 2026-06-13
   days on market $120,900 Active 316 DOM
6. 2026-06-09
   days on market $120,900 Active 312 DOM
7. 2026-06-08
   days on market $120,900 Active 311 DOM
8. 2026-06-07
   days on market $120,900 Active 310 DOM
9. 2026-06-04
   days on market $120,900 Active 307 DOM
10. 2026-06-03
    days on market $120,900 Active 306 DOM
11. 2026-06-02
    days on market $120,900 Active 305 DOM
12. 2026-06-01
    days on market $120,900 Active 304 DOM
13. 2026-05-31
    days on market $120,900 Active 303 DOM
14. 2026-05-19
    price $120,900 1019-char remark

    Show marketing remark (1019 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1700 plus per month. 2 bed, 2 bath newly renovated unit of 1100 square feet. Has been tenant occupied until recently with consistent payments. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all appliances remain, pantry, dishwasher, and dining area. Extra large living room with stone fireplace, with back door leading to a private fenced in patio, with an attached storage Room. Laundry closet with washer/dryer hookup to accommodate a full size washer and dryer. End lot with front, side and backyard. On Marta bus line. Unit is occupied with furniture. The property is available for showings by appointment only. No creative financing and only serious inquiries please!

15. 2026-04-22
    price $134,900 1019-char remark

    Show marketing remark (1019 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1700 plus per month. 2 bed, 2 bath newly renovated unit of 1100 square feet. Has been tenant occupied until recently with consistent payments. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all appliances remain, pantry, dishwasher, and dining area. Extra large living room with stone fireplace, with back door leading to a private fenced in patio, with an attached storage Room. Laundry closet with washer/dryer hookup to accommodate a full size washer and dryer. End lot with front, side and backyard. On Marta bus line. Unit is occupied with furniture. The property is available for showings by appointment only. No creative financing and only serious inquiries please!

16. 2026-01-06
    price $145,900 1019-char remark

    Show marketing remark (1019 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1700 plus per month. 2 bed, 2 bath newly renovated unit of 1100 square feet. Has been tenant occupied until recently with consistent payments. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all appliances remain, pantry, dishwasher, and dining area. Extra large living room with stone fireplace, with back door leading to a private fenced in patio, with an attached storage Room. Laundry closet with washer/dryer hookup to accommodate a full size washer and dryer. End lot with front, side and backyard. On Marta bus line. Unit is occupied with furniture. The property is available for showings by appointment only. No creative financing and only serious inquiries please!

17. 2025-08-01
    listed $148,900 New 1019-char remark

    Show marketing remark (1019 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1700 plus per month. 2 bed, 2 bath newly renovated unit of 1100 square feet. Has been tenant occupied until recently with consistent payments. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all appliances remain, pantry, dishwasher, and dining area. Extra large living room with stone fireplace, with back door leading to a private fenced in patio, with an attached storage Room. Laundry closet with washer/dryer hookup to accommodate a full size washer and dryer. End lot with front, side and backyard. On Marta bus line. Unit is occupied with furniture. The property is available for showings by appointment only. No creative financing and only serious inquiries please!

18. 2022-01-21
    historical 914-char remark

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

19. 2021-12-03
    soldstatus $115,000 Closed 914-char remark

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

20. 2021-12-03
    soldstatus $115,000 Sold

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

21. 2021-11-12
    historical Active Under Contract 914-char remark

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

22. 2021-11-12
    status Under Contract

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

23. 2021-10-25
    price $115,000 914-char remark

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

24. 2021-10-25
    price $115,000

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

25. 2021-10-07
    listed $105,000 New
26. 2021-10-06
    listed $105,000 Active 914-char remark

    Show marketing remark (914 chars)

    Attention all Investors!!! Home SOLD AS-IS. Immediate Rental income of $1100 plus per month. 2 bed, 2 bath newly renovated unit of over 1100 square feet. Tenant occupied with consistent payment. No HOA fees. Hurry, this will go fast!!! Luxury end-unit Townhouse in Prince of Wales Community with security Alarm. Ideal roommate floor plan with 2 baths, 2 large bedrooms with cathedral ceilings. Master and second bedroom suite each with private bath. New wood flooring throughout the unit. Kitchen with breakfast bar, all black appliances, pantry, dishwasher, and dining area. large living room with stone fireplace, with French doors leading to a private patio, with attached storage Room. Washroom with washer/dryer hookup. Front, side and. On Marta bus line. Tenant occupied only showing after binding agreement. Tenant occupied and will be moving out by November 1, 2021 and showings will begin November 5th.

27. 2012-04-09
    soldstatus $14,750 Sold
28. 2012-02-19
    historical
29. 2012-01-20
    listed $14,750 New
30. 1994-11-10
    soldstatus $44,900
31. 1983-07-25
    soldstatus $49,900

ⓘ 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: $3,398 · $283/mo
• Projected year-2 tax: $3,398 · $283/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 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,142
• − Mortgage interest: −$6,772
• − Property taxes: −$3,398
• − Insurance: −$604
• − Repairs & maintenance: −$1,371
• − Management: −$1,371
• − Depreciation: −$3,517
• Taxable income: $108
• Est. tax owed @ 24.0%: −$26
• After-tax cash flow: $1,906/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 — Pine Lake

• Score: 67/100
• State rank: #160
• US rank: #10193

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Dekalb County · 782,738 people
• City population: 853
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 62,724
• Household income: $55,307
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 3574.0

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 (75%)
• Race & ethnicity: Black 75% White 8% Asian 8% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Arab 1%
• Foreign-born: 24% · Canada, Vietnam, India
• Languages at home: 71% English-only · Spanish 4% Other Indo-European 4% Vietnamese 2%

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: ▼ -213.61%
• Current HPI: 216.2527
• Rent YoY: ▲ 1.31%
• 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

+142.3% since first listed

18 events — show timeline

• 2026-05-19 Price Changed $120,900 GAMLS
• 2026-04-22 Price Changed $134,900 GAMLS
• 2026-01-06 Price Changed $145,900 GAMLS
• 2025-08-01 Listed $148,900 GAMLS
• 2022-01-21 Listing Removed — FMLS
• 2021-12-03 Sold (MLS) $115,000 GAMLS
• 2021-12-03 Sold (MLS) $115,000 FMLS
• 2021-11-12 Contingent — FMLS
• 2021-11-12 Pending — GAMLS
• 2021-10-25 Price Changed $115,000 FMLS
• 2021-10-25 Price Changed $115,000 GAMLS
• 2021-10-07 Listed $105,000 GAMLS
• 2021-10-06 Listed $105,000 FMLS
• 2012-04-09 Sold (MLS) $14,750 GAMLS
• 2012-02-19 Listing Removed — GAMLS
• 2012-01-20 Listed $14,750 GAMLS
• 1994-11-10 Sold (Public Records) $44,900 Public Records
• 1983-07-25 Sold (Public Records) $49,900 Public Records

Property tax history

+9.9%/yr

Latest (2025): $3,398 · +2.9% YoY. Source: county tax records.