460 Dot Dr · South Fulton, GA 30349

$159,900

3 bd · 1.0 ba · 1,100 sqft · SingleFamily public records · 72 Days on market

Built 1949 1.21 ac lot $145/sqft · 9% below area Est $176k · 9% under

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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 +23.7/30.0
• ARV discount +11.5/15.0
• Appreciation +10.0/10.0
• DSCR +7.6/10.0
• 1% rule +6.0/10.0
• Schools +4.5/10.0
• Rent growth +2.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Tucked away on a quiet cul-de-sac and set on an expansive 1.2-acre private lot, this rare opportunity at 460 Dot Drive, College Park offers space, privacy, and incredible potential at an attractive price point. This charming 3-bedroom, 1-bath home presents the perfect canvas for renovation, expansion, or even a complete rebuild-making it an exceptional choice for investors, builders, or buyers looking to create their vision from the ground up. A detached 2-car garage and additional storage sheds add valuable functionality and flexibility for equipment, workshop space, or future enhancements. With no HOA restrictions, the possibilities here are wide open. Conveniently located just minutes from Hartsfield-Jackson International Airport, major interstates including I-85 and I-285, and the vibrant Camp Creek Marketplace, residents enjoy easy access to popular shopping, dining, and everyday essentials. Nearby parks such as Creel Park and Burdett Park provide outdoor recreation options, while downtown College Park's growing restaurant and entertainment scene adds lifestyle appeal. Whether you're seeking your next investment project, land to build new construction, or a property to renovate and hold, this generously sized lot in a well-connected location offers tremendous upside. Offered at $159,900 - a unique opportunity to secure acreage and potential in a rapidly developing area. *** Sold AS IS, NO Blind offers, NO Seller Disclosure Statement, NO survey available, Buyer to verify the accuracy of all information***

Key facts

• Private lot
• Generously sized lot
• No hoa restrictions

Tags

• CUL-DE-SAC
• PRIVATE LOT
• DETACHED GARAGE
• STORAGE SHEDS
• NO HOA RESTRICTIONS
• GENEROUSLY SIZED LOT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $306 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $150k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 4.6% in South Fulton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents flat; 651 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 32% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 0.9% rent growth), your $45k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1949 — 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.

Recommended offer $150,306 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1949 — 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: 1.10% ✓
• Cap rate: 8.59%
• Cash-on-cash: 8.19%
• DSCR: 1.36
• GRM: 7.5

CMA / ARV

• ARV (median comp): $175,567
• List price: $159,900
• Delta: -8.92%
• Verdict: FAIR
• Comps: 7 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 0.95% rent growth · sell at horizon

5-year hold

• IRR: 29.4%
• Equity multiple: 3.30×
• Total profit: $103,002
• Equity at exit: $144,051

10-year hold

• IRR: 24.9%
• Equity multiple: 7.29×
• Total profit: $281,396
• Equity at exit: $310,651

Cash invested: $44,772 (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 30349

• Home prices YoY: 4.6%
• Rents YoY: 0.9%
• Active inventory: 651
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,765 high
• Mortgage (P&I): −$839
• Tax from tax record: −$184 /mo · $2,206/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $306

Break-even live

Break-even rent $1,379

Max offer price $159,900

Occupancy floor 78%

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4312 Smithgall Ct Union City, GA	3.0	2.5	1433	$2,000	$1.40	18d	1	0.31mi
4128 Flat Trl Union City, GA	3.0	2.5	1450	$1,700	$1.17	43d	1	0.50mi
4483 Flat Shoals Rd Union City, GA	1.0–2.0	1.0–2.5	957	$1,495	$1.56	43d	1	0.58mi
5150 Oakley Commons Blvd Union City, GA	3.0	2.5	1375	$1,675	$1.22	24d	1	0.69mi
3285 Oakley Pl Union City, GA	3.0	2.5	1350	$1,500	$1.11	43d	1	0.72mi
5400 Oakley Commons Blvd Union City, GA	2.0	2.0	1258	$1,257	$1.00	43d	1	0.80mi
6350 Oakley Rd Union City, GA	3.0	2.0–2.5	1472	$1,796	$1.22	1d	4	0.82mi
6425 Oakley Rd Union City, GA	1.0–3.0	1.0–2.0	1037	$1,502	$1.45	4d	18	0.84mi
4701 Flat Shoals Rd Union City, GA	3.0	2.5–3.0	1600	$1,775	$1.11	2d	1	0.89mi
3550 Morning Creek Dr Atlanta, GA	4.0	2.0	1400	$1,730	$1.24	12d	1	0.97mi
3695 Morning Creek Dr Atlanta, GA	3.0	2.0	1491	$2,100	$1.41	43d	1	1.05mi
5825 Vernier Dr Atlanta, GA	3.0	2.0	1346	$1,615	$1.20	24d	1	1.09mi
5825 Vernier Dr Atlanta, GA	3.0	2.0	1346	$1,615	$1.20	43d	1	1.09mi
5825 Vernier Dr Atlanta, GA	3.0	2.0	1346	$1,615	$1.20	20d	1	1.09mi
5825 Vernier Dr Atlanta, GA	3.0	2.0	1346	$1,615	$1.20	5d	1	1.09mi
3865 Morning Creek Dr Atlanta, GA	3.0	2.0	1134	$1,675	$1.48	43d	1	1.14mi
3650 Creekview Cir Atlanta, GA	3.0	3.5	1225	$1,689	$1.38	12d	1	1.30mi
3715 Clearwater Dr Atlanta, GA	4.0	2.0	1482	$4,400	$2.97	43d	1	1.35mi

Listing history 9 events

1. 2026-06-07
   statusdays on market $159,900 Pending 72 DOM
2. 2026-06-04
   days on market $159,900 Active 70 DOM
3. 2026-06-03
   days on market $159,900 Active 69 DOM
4. 2026-06-01
   days on market $159,900 Active 67 DOM
5. 2026-05-31
   days on market $159,900 Active 66 DOM
6. 2026-03-26
   listed $159,900 New 1541-char remark

   Show marketing remark (1565 chars)

   Tucked away on a quiet cul-de-sac and set on an expansive 1.2-acre private lot, this rare opportunity at 460 Dot Drive, College Park offers space, privacy, and incredible potential at an attractive price point. This charming 3-bedroom, 1-bath home presents the perfect canvas for renovation, expansion, or even a complete rebuild—making it an exceptional choice for investors, builders, or buyers looking to create their vision from the ground up. A detached 2-car garage and additional storage sheds add valuable functionality and flexibility for equipment, workshop space, or future enhancements. With no HOA restrictions, the possibilities here are wide open. Conveniently located just minutes from Hartsfield-Jackson International Airport, major interstates including I-85 and I-285, and the vibrant Camp Creek Marketplace, residents enjoy easy access to popular shopping, dining, and everyday essentials. Nearby parks such as Creel Park and Burdett Park provide outdoor recreation options, while downtown College Park’s growing restaurant and entertainment scene adds lifestyle appeal. Whether you’re seeking your next investment project, land to build new construction, or a property to renovate and hold, this generously sized lot in a well-connected location offers tremendous upside. Offered at $159,900 — a unique opportunity to secure acreage and potential in a rapidly developing area. *** Sold AS IS, NO Blind offers, NO Seller Disclosure Statement, NO survey available, Buyer to verify the accuracy of all information***

7. 2026-03-26
   listed $159,900 Active 1565-char remark

   Show marketing remark (1565 chars)

   Tucked away on a quiet cul-de-sac and set on an expansive 1.2-acre private lot, this rare opportunity at 460 Dot Drive, College Park offers space, privacy, and incredible potential at an attractive price point. This charming 3-bedroom, 1-bath home presents the perfect canvas for renovation, expansion, or even a complete rebuild—making it an exceptional choice for investors, builders, or buyers looking to create their vision from the ground up. A detached 2-car garage and additional storage sheds add valuable functionality and flexibility for equipment, workshop space, or future enhancements. With no HOA restrictions, the possibilities here are wide open. Conveniently located just minutes from Hartsfield-Jackson International Airport, major interstates including I-85 and I-285, and the vibrant Camp Creek Marketplace, residents enjoy easy access to popular shopping, dining, and everyday essentials. Nearby parks such as Creel Park and Burdett Park provide outdoor recreation options, while downtown College Park’s growing restaurant and entertainment scene adds lifestyle appeal. Whether you’re seeking your next investment project, land to build new construction, or a property to renovate and hold, this generously sized lot in a well-connected location offers tremendous upside. Offered at $159,900 — a unique opportunity to secure acreage and potential in a rapidly developing area. *** Sold AS IS, NO Blind offers, NO Seller Disclosure Statement, NO survey available, Buyer to verify the accuracy of all information***

8. 2022-06-16
   soldstatus $150,000
9. 1999-07-29
   soldstatus $67,900

ⓘ 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: $2,206 · $184/mo
• Projected year-2 tax: $2,206 · $184/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 · 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

Taxation est. · year 1

• Rental income: $21,185
• − Mortgage interest: −$8,957
• − Property taxes: −$2,206
• − Insurance: −$800
• − Repairs & maintenance: −$1,695
• − Management: −$1,695
• − Depreciation: −$4,652
• Taxable income: $1,181
• Est. tax owed @ 24.0%: −$283
• After-tax cash flow: $3,385/yr

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

Schools (NCES district)

• District: Fulton County
• NCES district ID: 1302280
• Math proficiency: 49% ▼ -2.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $68,035
• Composite: 45.33/100
• National rank: #2640
• State rank: #12 of 174 in GA

Livability — South Fulton

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: South Fulton, GA
• County: Fulton County · 1,094,430 people
• City population: 127,674
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 79,872
• Household income: $67,023
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 4258.0

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 (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 5% Two or more races 4% White 3%
• Foreign-born: 9% · Canada
• Languages at home: 88% English-only · Spanish 6% 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: ▲ 18.01%
• Current HPI: 407.99
• Rent YoY: ▲ 0.95%
• 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

+135.5% since first listed

4 events — show timeline

• 2026-03-26 Listed $159,900 FMLS
• 2026-03-26 Listed $159,900 GAMLS
• 2022-06-16 Sold (Public Records) $150,000 Public Records
• 1999-07-29 Sold (Public Records) $67,900 Public Records

Property tax history

+4.5%/yr

Latest (2025): $2,206 · +0.8% YoY. Source: county tax records.