1385 Allene Ave SW · Atlanta, GA 30310

$239,900

3 bd · 2.0 ba · 1,787 sqft · SingleFamily public records · 215 Days on market

Built 1920 0.27 ac lot $134/sqft · 41% below area Est $405k · 41% 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 +21.0/30.0
• ARV discount +15.0/15.0
• DSCR +6.7/10.0
• 1% rule +4.8/10.0
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. 2.5 miles from local Universities , Mercedes-Benz and other stadiums and MARTA (Metro Atlanta Rapid Transit System) stations. Yet still off the beaten path in a quiet homelike setting. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees- crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

Key facts

• Exercise areas
• Bike lanes
• Metropolitan college

Tags

• BELTLINE
• PERKINSON PARK
• BIKE LANES
• SPLASH PADS
• EXERCISE AREAS
• METROPOLITAN COLLEGE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $337 ($4k/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 $234k (2.4% below list).
• Recommended offer: $211k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 3.1% in Atlanta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: schools C-, cost of living C-.
• Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.8%/yr); 460 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• At $2,341/mo this rent would consume 53% of the median local household income ($53k/yr) (locally 1676% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
• 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 215 days — a 12% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 80134% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $80k; list at $240k implies a 200% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 215 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
6. 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.
7. 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: 0.98% ✗
• Cap rate: 7.98%
• Cash-on-cash: 6.02%
• DSCR: 1.27
• GRM: 8.5

CMA / ARV

• ARV (median comp): $404,621
• List price: $239,900
• Delta: -40.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
810 Burchill St SW	0.36mi	3/3.0	1,766 (-1%)	0mo	$395,000	$224	77
1444 Athens Ave	0.28mi	3/1.0	1,850 (+4%)	2mo	$235,000	$127	75
1526 Beatie Ave SW	0.29mi	3/3.0	1,750 (-2%)	5mo	$417,500	$239	75
1464 Graham St SW	0.23mi	2/2.0 (-1)	1,689 (-6%)	3mo	$399,000	$236	73
1422 Athens Ave	0.27mi	4/2.0 (+1)	1,700 (-5%)	6mo	$150,000	$88	69
948 Byron Dr	0.48mi	3/2.0	1,652 (-8%)	1mo	$334,000	$202	64
1491 Langston Ave SW	0.71mi	3/2.5	1,798 (+1%)	1mo	$390,000	$217	63
1103 Coleman St SW	0.73mi	3/2.5	1,748 (-2%)	8mo	$360,000	$206	54
665 Mayland Ave SW	0.58mi	3/1.5	1,654 (-7%)	6mo	$360,000	$218	54
776 Brookline St SW	0.67mi	3/2.0	1,600 (-10%)	4mo	$352,000	$220	48
1704 Brewer Blvd SW	0.61mi	4/2.0 (+1)	2,000 (+12%)	3mo	$390,000	$195	44
984 Woodbourne Dr SW	0.67mi	2/1.5 (-1)	1,982 (+11%)	8mo	$232,000	$117	37

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 · 2.77% rent growth · sell at horizon

5-year hold

• IRR: -7.3%
• Equity multiple: 0.73×
• Total profit: $-18,011
• Equity at exit: $35,770

10-year hold

• IRR: 2.0%
• Equity multiple: 1.14×
• Total profit: $9,519
• Equity at exit: $20,742

Cash invested: $67,172 (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 30310

• Home prices YoY: -32.8%
• Rents YoY: 2.8%
• Active inventory: 460
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,341 high
• Mortgage (P&I): −$1,258
• Tax from tax record: −$154 /mo · $1,852/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$492
• Net cashflow: $337

Break-even live

Break-even rent $1,914

Max offer price $239,900

Occupancy floor 81%

Sensitivity live

Price	-10% $473	-5% $405	+0% $337	+5% $269	+10% $201
Rent	-10% $152	-5% $244	+0% $337	+5% $429	+10% $522
Rate	-1.0pp $458	-0.5pp $398	base $337	+0.5pp $275	+1.0pp $211

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1412 Allene Ave SW Atlanta, GA	3.0	2.0	1705	$2,500	$1.47	25d	1	0.05mi
1449 Beatie Ave SW Atlanta, GA	3.0	2.0	1628	$2,481	$1.52	23d	1	0.16mi
821 Erin Ave SW Atlanta, GA	3.0	2.0	1535	$2,195	$1.43	25d	1	0.20mi
1443 Metropolitan Pkwy SW Atlanta, GA	3.0	2.0	1518	$2,200	$1.45	25d	1	0.30mi
1264 Hartford Ave SW Atlanta, GA	3.0	2.0	1290	$1,989	$1.54	25d	1	0.31mi
969 Arden Ave SW Atlanta, GA	4.0	2.0	1380	$1,850	$1.34	25d	1	0.40mi
551 Lynnhaven Dr SW Atlanta, GA	4.0	2.0	1597	$2,450	$1.53	25d	1	0.42mi
547 Erin Ave SW Atlanta, GA	3.0	2.0	1394	$2,600	$1.87	25d	1	0.46mi
547 Erin Ave SW Atlanta, GA	3.0	2.0	1400	$5,000	$3.57	3d	1	0.46mi
1010 Dill Ave SW Atlanta, GA	4.0	3.0	2236	$2,850	$1.27	25d	1	0.48mi
496 Shannon Dr SW Atlanta, GA	3.0	2.0	1658	$3,250	$1.96	4d	1	0.52mi
496 Shannon Dr SW Atlanta, GA	3.0	2.0	1658	$2,900	$1.75	3d	1	0.52mi
490 Lynnhaven Dr SW Atlanta, GA	3.0	2.0	1289	$2,395	$1.86	5d	1	0.54mi
1645 Metropolitan Pkwy SW Unit A Atlanta, GA	3.0	1.0	1433	$1,795	$1.25	25d	1	0.56mi
706 Catherine St SW Atlanta, GA	3.0	2.0	1352	$2,200	$1.63	8d	1	0.61mi
706 Catherine St SW Atlanta, GA	3.0	2.0	1352	$2,200	$1.63	0d	1	0.61mi
444 Shannon Dr SW Atlanta, GA	3.0	2.0	1600	$2,450	$1.53	25d	1	0.62mi
1513 Melrose Dr SW Atlanta, GA	3.0	2.0	1544	$2,200	$1.42	17d	1	0.62mi
504 Dunbar St SW Atlanta, GA	3.0	2.5	1728	$1,625	$0.94	25d	1	0.64mi
504 Dunbar St SW Atlanta, GA	3.0	2.5	1728	$1,625	$0.94	0d	1	0.64mi
1063 Metropolitan Pkwy SW Atlanta, GA	4.0	2.0	1700	$1,700	$1.00	25d	1	0.66mi
610 Fletcher St SW Atlanta, GA	3.0	2.5	1550	$2,100	$1.35	25d	1	0.67mi
1029 Katherwood Dr SW Atlanta, GA	3.0	2.0	1870	$2,350	$1.26	8d	1	0.68mi
1135 Coleman St SW Atlanta, GA	3.0	2.5	1353	$1,795	$1.33	0d	1	0.70mi
1135 Coleman St SW Atlanta, GA	3.0	2.5	1353	$1,795	$1.33	25d	1	0.70mi
1745 Sylvan Rd SW Atlanta, GA	4.0	2.0	2200	$2,449	$1.11	0d	1	0.74mi
1089 Coleman St SW Atlanta, GA	4.0	3.0	2500	$4,500	$1.80	25d	1	0.76mi
1790 Brewer Blvd SW Atlanta, GA	3.0	2.0	1301	$2,000	$1.54	23d	1	0.78mi
827 Elbert St SW Atlanta, GA	3.0	2.0	1300	$2,900	$2.23	25d	1	0.79mi
1153 Smith St SW Atlanta, GA	3.0	2.5	1728	$2,023	$1.17	13d	1	0.82mi
1151 Smith St SW Atlanta, GA	3.0	2.5	1728	$1,100	$0.64	25d	1	0.82mi
1017 Sparks St SW Atlanta, GA	4.0	2.5	1950	$2,475	$1.27	25d	1	0.84mi
879 Sylvan Pl SW Atlanta, GA	3.0	2.0	1533	$2,050	$1.34	19d	1	0.85mi
1175 Garibaldi St SW Atlanta, GA	3.0	2.5	1364	$2,295	$1.68	0d	1	0.88mi
1005 Birch St SW Atlanta, GA	4.0	2.5	1740	$3,000	$1.72	19d	1	0.92mi
906 Allene Ave SW Atlanta, GA	3.0	2.0	1500	$3,500	$2.33	23d	1	0.92mi
1255 Campbellton Rd SW Atlanta, GA	3.0	2.0	1305	$2,095	$1.61	25d	1	0.94mi
1040 Smith St SW Atlanta, GA	3.0	2.5	1500	$1,595	$1.06	25d	1	0.96mi
1157 Indale Pl SW Atlanta, GA	3.0	2.0	1568	$2,100	$1.34	23d	1	1.02mi
1048 Garibaldi St SW Atlanta, GA	2.0	2.0	1280	$2,150	$1.68	25d	1	1.02mi

Listing history 25 events

1. 2026-06-21
   days on market $239,900 Active 215 DOM
2. 2026-06-18
   days on market $239,900 Active 212 DOM
3. 2026-06-17
   days on market $239,900 Active 211 DOM
4. 2026-06-16
   days on market $239,900 Active 210 DOM
5. 2026-06-15
   days on market $239,900 Active 209 DOM
6. 2026-06-13
   days on market $239,900 Active 207 DOM
7. 2026-06-13
   days on marketlisting id $239,900 Active 206 DOM
8. 2026-06-09
   pricedays on marketlisting id $239,900 Active 195 DOM
9. 2026-06-08
   days on market $259,000 Active 202 DOM
10. 2026-06-07
    days on market $259,000 Active 201 DOM
11. 2026-06-04
    days on market $259,000 Active 198 DOM
12. 2026-06-03
    days on market $259,000 Active 197 DOM
13. 2026-06-02
    days on market $259,000 Active 196 DOM
14. 2026-06-01
    remarks 689-char remark
15. 2026-06-01
    days on marketlisting id $259,000 Active 195 DOM
16. 2026-05-31
    days on market $259,000 Active 194 DOM
17. 2026-03-04
    price $259,000 1542-char remark

    Show marketing remark (1542 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. 2.5 miles from local Universities , Mercedes-Benz and other stadiums and MARTA (Metro Atlanta Rapid Transit System) stations. Yet still off the beaten path in a quiet homelike setting. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees- crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

18. 2026-02-24
    price $259,000 1358-char remark

    Show marketing remark (1358 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees— crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

19. 2026-01-16
    price $279,900 1542-char remark

    Show marketing remark (1358 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees— crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

20. 2026-01-16
    price $279,900 1358-char remark

    Show marketing remark (1358 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees— crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

21. 2025-11-18
    price $299,000 1358-char remark

    Show marketing remark (1358 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees— crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

22. 2025-11-16
    listed $299,000 New 1542-char remark

    Show marketing remark (1358 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees— crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

23. 2025-11-16
    listed $299 Active 1358-char remark

    Show marketing remark (1358 chars)

    Price improvement! Seller is reviewing strong offers. Bring your best offer. No blind offers. Schedule with showing time. Per Seller request: "No Saturday showings". Charming historic bungalow just one block from the Belt Line and steps from Perkerson Park. This spacious 3-bedroom, 2 bath home offers, 1,787 square feet of living space, high ceilings, a classic wraparound porch. This property features a manageable yard and a beautiful collection of mature fruit and ornamental trees— crape myrtles, peach, apple, mulberry, pear, pecan, and nectarine; already established and producing. The home features original historic character and provides an excellent opportunity for buyers looking to personalize and update a home in one of Southwest Atlanta's most vibrant and growing neighborhoods. Enjoy easy access to parks, bike trails, splash pads, and dining while creating your own vision for this charming property. High ceilings add to the sense of space and open rooms, and the home has seen several key improvements including a new roof and floor furnace. Property being sold as is; cash purchase required. Please note: This historic home offers a great opportunity for buyers looking to update and personalize a property with character. As the home awaits its next chapter, guests are asked to use care while touring.

24. 2001-08-09
    soldstatus $80,000
25. 1975-10-03
    soldstatus $18,000

ⓘ 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: $1,852 · $154/mo
• Projected year-2 tax: $2,207 · $184/mo
• Expected delta: +$355/yr (+$30/mo · 19.2%)

ⓘ 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 · 16 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: $28,090
• − Mortgage interest: −$13,438
• − Property taxes: −$1,852
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,247
• − Management: −$2,247
• − Depreciation: −$6,979
• Taxable income: $127
• Est. tax owed @ 24.0%: −$30
• After-tax cash flow: $4,012/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Atlanta Public Schools
• NCES district ID: 1300120
• Math proficiency: 28% ▼ -6.00%
• Reading proficiency: 35% ▼ -2.00%
• Median HH income: $48,306
• Composite: 27.27/100
• National rank: #7006
• State rank: #80 of 174 in GA

Livability — Atlanta

• Score: 83/100
• State rank: #6
• US rank: #919

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Atlanta, GA
• County: Fulton County · 1,094,430 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 27,186
• Household income: $53,037
• Rent vs Own: 47.0% rent · 53.0% own
• Severe rent burden: 1676.0

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 (76%)
• Race & ethnicity: Black 76% White 14% Two or more races 4% Hispanic / Latino 4% Asian 2%
• Common ancestry: Lithuanian 1% Slovak 1% Serbian 0%
• Foreign-born: 5% · Canada, South Korea, Vietnam
• Languages at home: 92% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 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: ▼ -204.00%
• Current HPI: 418.7297
• Rent YoY: ▲ 2.77%
• 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

+1338.9% since first listed

9 events — show timeline

• 2026-03-04 Price Changed $259,000 GAMLS
• 2026-02-24 Price Changed $259,000 FMLS
• 2026-01-16 Price Changed $279,900 GAMLS
• 2026-01-16 Price Changed $279,900 FMLS
• 2025-11-18 Price Changed $299,000 FMLS
• 2025-11-16 Listed $299 FMLS
• 2025-11-16 Listed $299,000 GAMLS
• 2001-08-09 Sold (Public Records) $80,000 Public Records
• 1975-10-03 Sold (Public Records) $18,000 Public Records

Property tax history

+7.2%/yr

Latest (2025): $1,852 · +6.5% YoY. Source: county tax records.