1932 Janet Ln · Candler-McAfee, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- 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
- 17 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 7 days/yr
- Unhealthy air days in 30 yrs
- 10 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
- Rent growth +2.7/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$110,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investors this could be your opportunity!! This home is full of potential with designing out a brand-new home, has a solid foundation with level front and back yard. Home is sold as-is. Condition of the home is a previous fire damage.
Key facts
- 0.42 acre lot
- Built 1963
- Listed 82 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $110k.
Deal economics
- At list price, monthly cash flow is $676 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $110k).
- Recommended offer: $103k (6.0% below list) — sets the bar for market timing.
- Cap rate 13.7% vs local median 4.2% in Candler-McAfee — 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 B — affects rentability + tenant quality, not the cash-flow math above.
- 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 flat; 180 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
- This rent runs 34% of the median local income ($67k/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 $761 of loan paydown is wiped out by about $3k 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.
- At projected returns (-3.0% appreciation + 0.9% rent growth), your $31k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 82 days — a 6% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 4y ago; this cycle's ask has dropped $30k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $56k; list at $110k implies a 98% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/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 82 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1963 — 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
- 1.72% ✓
- Cap rate
- 13.66%
- Cash-on-cash
- 26.32%
- DSCR
- 2.17
- GRM
- 4.8
CMA / ARV
- ARV (median comp)
- $284,399
- List price
- $110,000
- Delta
- -61.32%
- 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 |
|---|---|---|---|---|---|---|---|
| 1888 Janet Ln | 0.11mi | 4/2.5 (+1) | 2,015 (+2%) | 5mo | $175,000 | $87 | 79 |
| 1968 Copperfield Cir | 0.34mi | 4/2.0 (+1) | 2,072 (+4%) | 2mo | $219,000 | $106 | 68 |
| 1939 Copperfield Cir | 0.29mi | 4/2.5 (+1) | 1,974 (-0%) | 15mo | $237,000 | $120 | 64 |
| 2085 Treehaven Ct | 0.43mi | 3/2.5 | 1,846 (-7%) | 3mo | $330,000 | $179 | 62 |
| 4148 Emerald North Dr | 0.67mi | 4/2.5 (+1) | 1,975 (-0%) | 9mo | $301,400 | $153 | 52 |
| 4201 Northstrand Dr | 0.66mi | 4/2.5 (+1) | 1,973 (-0%) | 14mo | $270,000 | $137 | 48 |
| 3975 Northstrand Dr | 0.72mi | 4/2.5 (+1) | 1,864 (-6%) | 2mo | $289,500 | $155 | 46 |
| 4183 Northstrand Dr | 0.63mi | 3/2.5 | 1,778 (-10%) | 11mo | $245,000 | $138 | 40 |
| 3930 Wedgefield Cir | 0.63mi | 4/2.5 (+1) | 1,762 (-11%) | 12mo | $229,000 | $130 | 33 |
| 2109 Newgate Dr | 0.58mi | 3/2.5 | 1,701 (-14%) | 17mo | $175,000 | $103 | 31 |
| 2089 Bluffton Way | 0.60mi | 4/2.0 (+1) | 1,732 (-13%) | 16mo | $296,800 | $171 | 31 |
| 2263 Leslie Brook Dr | 0.52mi | 4/3.0 (+1) | 1,719 (-13%) | 16mo | $250,000 | $145 | 29 |
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 · 0.87% rent growth · sell at horizon
- IRR
- 17.6%
- Equity multiple
- 1.69×
- Total profit
- $21,299
- Equity at exit
- $16,401
- IRR
- 24.5%
- Equity multiple
- 2.90×
- Total profit
- $58,608
- Equity at exit
- $9,511
Cash invested: $30,800 (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
ZIP-level market 30035
- Home prices YoY
- -33.8%
- Rents YoY
- 0.9%
- Active inventory
- 180
- Price-to-rent
- 4.8×
Monthly cashflow live
- Estimated rent
- $1,891 high interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax from tax record
- −$196 /mo · $2,352/yr
- Insurance
- −$46
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$397
- Net cashflow
- $676
Break-even live
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
- $27,500
- Closing costs
- $3,300
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3025 Arthurs Ct Unit 3025 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.33mi |
| 3021 Arthurs Ct Unit 3021 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.33mi |
| 3015 Arthurs Ct Unit 3015 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.33mi |
| 3019 Arthurs Ct Unit 3019 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.33mi |
| 3023 Arthurs Ct Unit 3023 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.33mi |
| 3017 Arthurs Ct Unit 3017 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.33mi |
| 2007 Bodwin Pl Unit 2007 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.37mi |
| 2011 Bodwin Pl Unit 2011 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.37mi |
| 1998 Arthurs Court Dr Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.38mi |
| 1998 Arthurs Court Dr Unit 1998 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.38mi |
| 1914 Bodwin Pl Unit 1914A Decatur, GA | 2.0 | 2.0 | 1298 | $1,450 | $1.12 | 43d | 1 | 0.39mi |
| 1910 Bodwin Pl Unit 1910C Decatur, GA | 2.0 | 2.0 | 1298 | $1,450 | $1.12 | 43d | 1 | 0.42mi |
| 4655 Glenwood Rd Decatur, GA | 2.0–3.0 | 2.0 | 1318 | $1,600 | $1.21 | 19d | 31 | 0.43mi |
| 4066 Marble Arch Ct Decatur, GA | 3.0 | 2.0 | 1344 | $1,800 | $1.34 | 43d | 1 | 0.44mi |
| 1905 Bodwin Pl Unit 1905 Decatur, GA | 3.0 | 2.0 | 1493 | $1,600 | $1.07 | 43d | 1 | 0.46mi |
| 1985 Glenwood Downs Dr Decatur, GA | 3.0 | 2.5 | 1460 | $1,700 | $1.16 | 20d | 1 | 0.47mi |
| 1995 Glenwood Downs Dr Decatur, GA | 3.0 | 2.0 | 1564 | $1,750 | $1.12 | 5d | 1 | 0.47mi |
| 4111 Northstrand Dr Decatur, GA | 3.0 | 3.0 | 2173 | $2,031 | $0.93 | 12d | 1 | 0.55mi |
| 2109 Newgate Dr Decatur, GA | 3.0 | 2.5 | 1701 | $1,850 | $1.09 | 43d | 1 | 0.59mi |
| 3920 Wedgefield Cir Decatur, GA | 4.0 | 3.0 | 2325 | $2,500 | $1.08 | 24d | 1 | 0.63mi |
| 4565 Covington Hwy Decatur, GA | 2.0–3.0 | 1.5 | 1200 | $1,439 | $1.20 | 3d | 8 | 0.63mi |
| 4085 Canby Ln Decatur, GA | 4.0 | 2.0 | 1400 | $1,650 | $1.18 | 43d | 1 | 0.64mi |
| 4033 Emerald North Cir Decatur, GA | 4.0 | 2.5 | 2000 | $2,061 | $1.03 | 16d | 1 | 0.75mi |
| 4336 Glenhaven Dr Decatur, GA | 4.0 | 3.0 | 2100 | $2,500 | $1.19 | 43d | 1 | 0.81mi |
| 3854 Austin Park Ln Decatur, GA | 3.0 | 2.5 | 1464 | $1,800 | $1.23 | 43d | 1 | 0.82mi |
| 1590 Agape Way Decatur, GA | 1.0–3.0 | 1.0–2.0 | 1022 | $1,400 | $1.37 | 43d | 1 | 0.84mi |
| 2248 Emerald Springs Dr Decatur, GA | 3.0 | 2.0 | 1918 | $1,870 | $0.97 | 43d | 1 | 0.86mi |
| 4203 Wesley Hall Ln Decatur, GA | 4.0 | 3.0 | 2457 | $2,461 | $1.00 | 5d | 1 | 0.87mi |
| 3141 Journal Ct Decatur, GA | 3.0 | 2.5 | 1386 | $1,895 | $1.37 | 12d | 1 | 0.89mi |
| 200 High Court Pl Decatur, GA | 1.0–3.0 | 1.0–2.0 | 1130 | $1,705 | $1.51 | 1d | 12 | 0.91mi |
| 2319 Wingfoot Pl Decatur, GA | 3.0 | 2.5 | 1840 | $1,800 | $0.98 | 43d | 1 | 0.95mi |
| 3184 Delancy St Decatur, GA | 3.0 | 2.5 | 1515 | $1,800 | $1.19 | 43d | 1 | 0.98mi |
| 4707 Riverwood Cir Decatur, GA | 3.0 | 2.0 | 1826 | $1,850 | $1.01 | 24d | 1 | 0.98mi |
| 1683 Vernon Blvd Decatur, GA | 3.0 | 2.5 | 1515 | $1,840 | $1.21 | 18d | 1 | 1.00mi |
| 2351 Emerald Falls Dr Decatur, GA | 3.0 | 2.0 | 2400 | $1,696 | $0.71 | 43d | 1 | 1.02mi |
| 1563 Pine Glen Cir Decatur, GA | 3.0 | 2.0 | 1608 | $1,695 | $1.05 | 5d | 1 | 1.04mi |
| 3711 Daisy Dr Decatur, GA | 3.0 | 1.5 | 1240 | $1,700 | $1.37 | 43d | 1 | 1.04mi |
| 4116 Snapfinger Way Decatur, GA | 4.0 | 2.0 | 1334 | $1,719 | $1.29 | 43d | 1 | 1.07mi |
| 1502 Vernon Blvd Decatur, GA | 3.0 | 3.0 | 1515 | $2,050 | $1.35 | 24d | 1 | 1.12mi |
| 4505 Dover Castle Dr Decatur, GA | 4.0 | 2.0 | 1532 | $1,923 | $1.26 | 43d | 1 | 1.13mi |
Listing history 19 events
-
2026-06-13statusdays on market $110,000 Under Contract 82 DOM
-
2026-06-09days on market $110,000 Active 80 DOM
-
2026-06-08days on market $110,000 Active 79 DOM
-
2026-06-07days on market $110,000 Active 78 DOM
-
2026-06-04days on market $110,000 Active 75 DOM
-
2026-06-03days on market $110,000 Active 74 DOM
-
2026-06-02days on market $110,000 Active 73 DOM
-
2026-06-01days on market $110,000 Active 72 DOM
-
2026-05-31days on market $110,000 Active 71 DOM
-
2026-04-11price $110,000 235-char remark
Show marketing remark (235 chars)
Investors this could be your opportunity!! This home is full of potential with designing out a brand-new home, has a solid foundation with level front and back yard. Home is sold as-is. Condition of the home is a previous fire damage.
-
2026-03-26status Back On Market 235-char remark
Show marketing remark (235 chars)
Investors this could be your opportunity!! This home is full of potential with designing out a brand-new home, has a solid foundation with level front and back yard. Home is sold as-is. Condition of the home is a previous fire damage.
-
2026-03-19status Under Contract 235-char remark
Show marketing remark (235 chars)
Investors this could be your opportunity!! This home is full of potential with designing out a brand-new home, has a solid foundation with level front and back yard. Home is sold as-is. Condition of the home is a previous fire damage.
-
2026-03-13$140,000 New 235-char remark
Show marketing remark (235 chars)
Investors this could be your opportunity!! This home is full of potential with designing out a brand-new home, has a solid foundation with level front and back yard. Home is sold as-is. Condition of the home is a previous fire damage.
-
2022-12-16soldstatus $55,500
-
2022-07-19soldstatus $55,500 Sold 136-char remark
Show marketing remark (136 chars)
Property sold "As Is" Price reflects removal of any and all debris required Current condition of property is due to house fire
-
2022-07-05status Under Contract 136-char remark
Show marketing remark (136 chars)
Property sold "As Is" Price reflects removal of any and all debris required Current condition of property is due to house fire
-
2022-07-01$50,000 New 136-char remark
Show marketing remark (136 chars)
Property sold "As Is" Price reflects removal of any and all debris required Current condition of property is due to house fire
-
1983-07-06soldstatus $52,900
-
1983-07-06soldstatus $52,900
ⓘ 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
- $2,352 · $196/mo
- Projected year-2 tax
- $2,352 · $196/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 3/10 Moderate
- Heat 5/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 5/10 Major 7 unhealthy d/yr today · 10 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
- $22,698
- − Mortgage interest
- −$6,162
- − Property taxes
- −$2,352
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,816
- − Management
- −$1,816
- − Depreciation
- −$3,200
- Taxable income
- $6,802
- Est. tax owed @ 24.0%
- −$1,633
- After-tax cash flow
- $6,474/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 — Candler-McAfee
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- County
- Dekalb County · 782,738 people
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 21,569
- Household income
- $66,799
- Rent vs Own
- Severe rent burden
- 1304.0
Population outlook (DeKalb County) Hauer SSP2
- Today (2025)
- 839,977 people
- By 2030
- 891,768 · +6.2%
- By 2040
- 988,894 · +17.7%
- By 2050
- 1,074,583 · +27.9%
- By 2075
- 1,245,026 · +48.2%
- By 2100
- 1,303,135 · +55.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (91%)
- Race & ethnicity
- Black 91% White 4% Hispanic / Latino 4% Two or more races 3%
- Common ancestry
- Italian 1% Swiss 0%
- Foreign-born
- 12% · Canada, Jamaica
- Languages at home
- 86% English-only · Spanish 4% French/Haitian/Cajun 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
- ▼ -111.60%
- Current HPI
- 218.8323
- Rent YoY
- ▲ 0.87%
- 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 |
|
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Price history
+107.9% since first listed10 events — show timeline
- 2026-04-11 Price Changed $110,000 GAMLS
- 2026-03-26 Relisted — GAMLS
- 2026-03-19 Pending — GAMLS
- 2026-03-13 Listed $140,000 GAMLS
- 2022-12-16 Sold (Public Records) $55,500 Public Records
- 2022-07-19 Sold (MLS) $55,500 GAMLS
- 2022-07-05 Pending — GAMLS
- 2022-07-01 Listed $50,000 GAMLS
- 1983-07-06 Sold (Public Records) $52,900 Public Records
- 1983-07-06 Sold (Public Records) $52,900 Public Records
Property tax history
+2.2%/yrLatest (2025): $2,352 · -38.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…