🏷️ Likely Rental
1122 West Ave SW · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +4.2/5.0
- Rent growth +3.3/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$129,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city’s top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment — a key amenity for today’s renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential — location, location, location!
Key facts
- Walkable trails
- High demand location
- 4,268 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $130k.
Deal economics
- At list price, monthly cash flow is $636 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $130k).
- Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
- Cap rate 12.2% 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 (+3.2%/yr); 391 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 $2,048/mo this rent would consume 48% of the median local household income ($51k/yr) (locally 2962% 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 $899 of loan paydown is wiped out by about $4k 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.
- At projected returns (-3.0% appreciation + 3.2% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 118 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 7y ago; this cycle's ask has dropped $25k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.58% ✓
- Cap rate
- 12.16%
- Cash-on-cash
- 20.97%
- DSCR
- 1.93
- GRM
- 5.3
CMA / ARV
- ARV (median comp)
- $327,074
- List price
- $129,999
- Delta
- -60.25%
- 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 |
|---|---|---|---|---|---|---|---|
| 1078 West Ave SW | 0.09mi | 3/2.0 (+1) | 1,515 (+6%) | 5mo | $165,000 | $109 | 72 |
| 1131 Garibaldi St SW | 0.23mi | 3/2.5 (+1) | 1,496 (+5%) | 7mo | $302,000 | $202 | 64 |
| 988 Mcdaniel St SW | 0.42mi | 3/2.5 (+1) | 1,484 (+4%) | 6mo | $392,800 | $265 | 57 |
| 73 Haygood Ave SE | 0.59mi | 3/1.0 (+1) | 1,323 (-7%) | 1mo | $164,000 | $124 | 54 |
| 1149 Ira St SW | 0.28mi | 3/2.0 (+1) | 1,231 (-14%) | 3mo | $184,000 | $149 | 53 |
| 170 Bowen Cir | 0.41mi | 3/2.5 (+1) | 1,320 (-7%) | 7mo | $375,000 | $284 | 52 |
| 27 Atlanta Ave SE | 0.64mi | 3/2.0 (+1) | 1,472 (+3%) | 5mo | $320,000 | $217 | 51 |
| 911 Smith St SW | 0.51mi | 3/2.0 (+1) | 1,266 (-11%) | 0mo | $185,000 | $146 | 48 |
| 110 Bowen Cir SW | 0.59mi | 3/2.5 (+1) | 1,320 (-7%) | 2mo | $325,000 | $246 | 48 |
| 43 Gammon Ave SE | 0.67mi | 3/1.0 (+1) | 1,296 (-9%) | 6mo | $165,000 | $127 | 44 |
| 557 Manford Rd SW | 0.71mi | 3/1.0 (+1) | 1,278 (-10%) | 2mo | $425,000 | $333 | 43 |
| 515 Cohen St | 0.71mi | 3/2.5 (+1) | 1,635 (+15%) | 5mo | $325,000 | $199 | 27 |
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 · 3.23% rent growth · sell at horizon
- IRR
- 13.7%
- Equity multiple
- 1.55×
- Total profit
- $19,999
- Equity at exit
- $19,383
- IRR
- 22.7%
- Equity multiple
- 2.97×
- Total profit
- $71,867
- Equity at exit
- $11,240
Cash invested: $36,400 (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 30315
- Rents YoY
- 3.2%
- Active inventory
- 391
- Price-to-rent
- 5.3×
Monthly cashflow live
- Estimated rent
- $2,048 high interval (Pro) →
- Mortgage (P&I)
- −$682
- Tax from tax record
- −$246 /mo · $2,957/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$430
- Net cashflow
- $636
Break-even live
Sensitivity live
| Price | -10% $710 | -5% $673 | +0% $636 | +5% $599 | +10% $562 |
|---|---|---|---|---|---|
| Rent | -10% $474 | -5% $555 | +0% $636 | +5% $717 | +10% $798 |
| Rate | -1.0pp $701 | -0.5pp $669 | base $636 | +0.5pp $602 | +1.0pp $568 |
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
- $32,500
- Closing costs
- $3,900
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1141 Moton Ave SW Atlanta, GA | 3.0 | 3.0 | 1584 | $2,800 | $1.77 | 25d | 1 | 0.06mi |
| 1148 Booker Ave SW Atlanta, GA | 1.0 | 1.0 | 1012 | $900 | $0.89 | 17d | 1 | 0.09mi |
| 1048 Garibaldi St SW Atlanta, GA | 2.0 | 2.0 | 1280 | $2,150 | $1.68 | 25d | 1 | 0.24mi |
| 1151 Smith St SW Atlanta, GA | 3.0 | 2.5 | 1728 | $1,100 | $0.64 | 25d | 1 | 0.29mi |
| 1153 Smith St SW Atlanta, GA | 3.0 | 2.5 | 1728 | $2,023 | $1.17 | 13d | 1 | 0.29mi |
| 1040 Smith St SW Atlanta, GA | 3.0 | 2.5 | 1500 | $1,595 | $1.06 | 25d | 1 | 0.31mi |
| 1187 McDaniel St SW Unit B Atlanta, GA | 2.0 | 1.0 | 1038 | $1,025 | $0.99 | 13d | 1 | 0.36mi |
| 1135 Coleman St SW Atlanta, GA | 3.0 | 2.5 | 1353 | $1,795 | $1.33 | 25d | 1 | 0.47mi |
| 504 Dunbar St SW Atlanta, GA | 3.0 | 2.5 | 1728 | $1,625 | $0.94 | 25d | 1 | 0.48mi |
| 1056 Hank Aaron Dr SW Atlanta, GA | 1.0–2.0 | 1.0 | 753 | $1,139 | $1.51 | 8d | 6 | 0.50mi |
| 1104 Welch St SW Atlanta, GA | 1.0 | 1.0 | 1600 | $1,350 | $0.84 | 21d | 1 | 0.50mi |
| 1104 Welch St SW Atlanta, GA | 1.0 | 1.0 | 1600 | $795 | $0.50 | 25d | 1 | 0.50mi |
| 1133 Mayland Cir SW Atlanta, GA | 3.0 | 2.0 | 1120 | $3,600 | $3.21 | 25d | 1 | 0.58mi |
| 72 Milton Ave SE Atlanta, GA | 2.0 | 1.0–2.0 | 818 | $2,107 | $2.57 | 2d | 24 | 0.58mi |
| 518 Erin Ave SW Atlanta, GA | 2.0 | 1.0 | 1075 | $2,500 | $2.33 | 19d | 1 | 0.58mi |
| 1054 Atlanta, GA | 3.0–4.0 | 2.0 | 1295 | $1,974 | $1.52 | 21d | 2 | 0.59mi |
| 976 Dunning St SE Unit A Atlanta, GA | 3.0 | 2.5 | 1598 | $3,150 | $1.97 | 23d | 1 | 0.60mi |
| 72 Ormond St SW Atlanta, GA | 3.0 | 2.0 | 1664 | $3,800 | $2.28 | 25d | 1 | 0.62mi |
| 174 Moury Ave SW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 926 | $1,604 | $1.73 | 3d | 6 | 0.62mi |
| 840 Smith St SW Unit A Atlanta, GA | 2.0 | 1.5 | 910 | $1,550 | $1.70 | 17d | 1 | 0.63mi |
| 444 Shannon Dr SW Atlanta, GA | 3.0 | 2.0 | 1600 | $2,450 | $1.53 | 25d | 1 | 0.63mi |
| 547 Erin Ave SW Atlanta, GA | 3.0 | 2.0 | 1394 | $2,600 | $1.87 | 25d | 1 | 0.63mi |
| 547 Erin Ave SW Atlanta, GA | 3.0 | 2.0 | 1400 | $5,000 | $3.57 | 3d | 1 | 0.63mi |
| 875 Hank Aaron Dr SW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 916 | $1,460 | $1.59 | 25d | 1 | 0.64mi |
| 600 Mayland Ave SW Atlanta, GA | 3.0 | 2.0 | 1100 | $2,300 | $2.09 | 25d | 1 | 0.65mi |
| 125 Milton Ave SE Atlanta, GA | 2.0 | 1.0–2.0 | 965 | $2,494 | $2.58 | 2d | 29 | 0.66mi |
| 610 Fletcher St SW Atlanta, GA | 3.0 | 2.5 | 1550 | $2,100 | $1.35 | 25d | 1 | 0.67mi |
| 496 Shannon Dr SW Atlanta, GA | 3.0 | 2.0 | 1658 | $2,900 | $1.75 | 3d | 1 | 0.69mi |
| 496 Shannon Dr SW Atlanta, GA | 3.0 | 2.0 | 1658 | $3,250 | $1.96 | 4d | 1 | 0.69mi |
| 45 Boynton Ave SE Atlanta, GA | 2.0–4.0 | 2.5–4.0 | 1452 | $2,568 | $1.77 | 2d | 15 | 0.71mi |
| 1483 Arthur Langford Jr Pl SW Atlanta, GA | 1.0–2.0 | 1.0 | 825 | $900 | $1.09 | 25d | 7 | 0.71mi |
| 490 Lynnhaven Dr SW Atlanta, GA | 3.0 | 2.0 | 1289 | $2,395 | $1.86 | 5d | 1 | 0.73mi |
| 967 Martin St SE Atlanta, GA | 3.0 | 2.0 | 1162 | $1,950 | $1.68 | 25d | 1 | 0.77mi |
| 141 McDonough Blvd SE Atlanta, GA | 3.0 | 2.0 | 1242 | $2,250 | $1.81 | 25d | 1 | 0.81mi |
| 940 Martin St SE Atlanta, GA | 3.0 | 3.0 | 1364 | $2,495 | $1.83 | 25d | 1 | 0.82mi |
| 51 Little St SE Atlanta, GA | 3.0 | 2.5 | 1478 | $2,995 | $2.03 | 25d | 1 | 0.83mi |
| 404 Bass St SW Atlanta, GA | 3.0 | 2.0 | 1080 | $1,850 | $1.71 | 17d | 1 | 0.85mi |
| 706 Catherine St SW Atlanta, GA | 3.0 | 2.0 | 1352 | $2,200 | $1.63 | 8d | 1 | 0.86mi |
| 685 Garibaldi St SW Atlanta, GA | 3.0 | 2.5 | 1868 | $1,900 | $1.02 | 19d | 1 | 0.86mi |
| 375 Lincoln St SW Atlanta, GA | 1.0 | 1.0 | 1020 | $750 | $0.74 | 25d | 1 | 0.88mi |
Listing history 36 events
-
2026-06-21days on market $129,999 Active 118 DOM
-
2026-06-18days on market $129,999 Active 115 DOM
-
2026-06-17days on market $129,999 Active 114 DOM
-
2026-06-16days on market $129,999 Active 113 DOM
-
2026-06-15days on market $129,999 Active 112 DOM
-
2026-06-13days on market $129,999 Active 110 DOM
-
2026-06-13days on market $129,999 Active 109 DOM
-
2026-06-09days on market $129,999 Active 106 DOM
-
2026-06-08days on market $129,999 Active 105 DOM
-
2026-06-07days on market $129,999 Active 104 DOM
-
2026-06-04days on market $129,999 Active 101 DOM
-
2026-06-03days on market $129,999 Active 100 DOM
-
2026-06-02days on market $129,999 Active 99 DOM
-
2026-06-01days on market $129,999 Active 98 DOM
-
2026-05-31days on market $129,999 Active 97 DOM
-
2026-03-02status Active 1157-char remark
Show marketing remark (1133 chars)
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city's top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment - a key amenity for today's renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential - location, location, location!
-
2026-03-02price $129,999 1157-char remark
Show marketing remark (1133 chars)
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city's top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment - a key amenity for today's renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential - location, location, location!
-
2026-03-02price $129,999 1133-char remark
Show marketing remark (1133 chars)
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city's top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment - a key amenity for today's renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential - location, location, location!
-
2026-02-20historical 1157-char remark
Show marketing remark (1157 chars)
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city’s top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment — a key amenity for today’s renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential — location, location, location!
-
2026-02-11$155,000 New 1133-char remark
Show marketing remark (1157 chars)
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city’s top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment — a key amenity for today’s renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential — location, location, location!
-
2026-02-11$155,000 Active 1157-char remark
Show marketing remark (1157 chars)
Prime investment opportunity in a high-demand Atlanta location! Situated at 1122 West SW Avenue, this property offers exceptional proximity to some of the city’s top attractions, making it ideal for short-term rental, long-term rental, or redevelopment. Just minutes from Mercedes-Benz Stadium and the Georgia Aquarium, this location consistently attracts visitors, professionals, and event-goers year-round. Investors will appreciate easy access to Downtown Atlanta, Centennial Olympic Park, State Farm Arena, and major employment hubs, increasing rental appeal and tenant demand. The nearby Atlanta Beltline adds strong lifestyle value with walkable trails, parks, dining, and entertainment — a key amenity for today’s renters. Conveniently located a short drive from Hartsfield-Jackson Atlanta International Airport, plus quick access to major highways and MARTA transit, making this property highly attractive for travelers and commuters alike. With growing development in the surrounding area and strong market activity, this is a strategically positioned asset with excellent income potential — location, location, location!
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2023-01-01historical
-
2022-09-23status Back On Market
-
2022-09-09status Under Contract
-
2022-06-28status Back On Market
-
2022-06-27status Under Contract
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2022-06-20$155,000 New
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2020-08-14status Under Contract
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2020-08-12historical
-
2020-07-12price $77,000
-
2020-03-29price $73,000
-
2020-03-29status Back on Market
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2020-03-04status Under Contract
-
2020-02-22$75,000 New
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2020-02-05historical
-
2019-11-01$80,000 New
ⓘ 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
- $2,957 · $246/mo
- Projected year-2 tax
- $2,957 · $246/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 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,582
- − Mortgage interest
- −$7,282
- − Property taxes
- −$2,957
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,967
- − Management
- −$1,967
- − Depreciation
- −$3,782
- Taxable income
- $5,978
- Est. tax owed @ 24.0%
- −$1,435
- After-tax cash flow
- $6,197/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
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)
- 34,264
- Household income
- $50,822
- Rent vs Own
- Severe rent burden
- 2962.0
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 (72%)
- Race & ethnicity
- Black 72% White 14% Hispanic / Latino 10% Two or more races 4%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Romanian 1% Italian 1% Lithuanian 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 90% English-only · Spanish 9% French/Haitian/Cajun 1%
Political lean MEDSL · Fulton
- 2024 margin
- Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
- 2008→2024 swing
- +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
- All cycles
- 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -281.87%
- Current HPI
- 176.673
- Rent YoY
- ▲ 3.23%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+62.5% since first listed21 events — show timeline
- 2026-03-02 Relisted — FMLS
- 2026-03-02 Price Changed $129,999 FMLS
- 2026-03-02 Price Changed $129,999 GAMLS
- 2026-02-20 Listing Removed — FMLS
- 2026-02-11 Listed $155,000 FMLS
- 2026-02-11 Listed $155,000 GAMLS
- 2023-01-01 Listing Removed — GAMLS
- 2022-09-23 Relisted — GAMLS
- 2022-09-09 Pending — GAMLS
- 2022-06-28 Relisted — GAMLS
- 2022-06-27 Pending — GAMLS
- 2022-06-20 Listed $155,000 GAMLS
- 2020-08-14 Pending — GAMLS
- 2020-08-12 Listing Removed — GAMLS
- 2020-07-12 Price Changed $77,000 GAMLS
- 2020-03-29 Price Changed $73,000 GAMLS
- 2020-03-29 Relisted — GAMLS
- 2020-03-04 Pending — GAMLS
- 2020-02-22 Listed $75,000 GAMLS
- 2020-02-05 Listing Removed — GAMLS
- 2019-11-01 Listed $80,000 GAMLS
Property tax history
+5.9%/yrLatest (2025): $2,957 · -1.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…