CashFlowRE
Sign in Sign up
602 W Lake Ave NW 🏷️ Likely Rental
B- Composite 66.56
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 +24.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.8/10.0
  • 1% rule +7.0/10.0
  • 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

$164,500

602 W Lake Ave NW · Atlanta, GA 30318
3 bd · 1.0 ba · 1,675 sqft · SingleFamily public records · 229 Days on market
Built 1930 0.31 ac lot $98/sqft · 47% below area Est $312k · 47% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home - Priced to Sell! Discover this hidden gem - a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.3089-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard - perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. This hidden gem is priced to sell - don't wait! Schedule your showing today and see all this charming home has to offer.

Key facts

  • Large living area
  • Expansive yard
  • Spacious lot

Tags

4SIDED BRICK HOMESPACIOUS LOTLARGE LIVING AREAEXPANSIVE YARDSTURDY BRICK EXTERIORCENTRAL HEATING AND AIR

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $164,500 price doesn't fit this home's estimated sale value (~$311,788) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $164k.

Deal economics

  • At list price, monthly cash flow is $325 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $164k).
  • Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.7% 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 (+3.3%/yr); 722 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); solid renter incomes; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 229 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
  • 17 sale attempts since 12y ago; this cycle's ask has dropped $70k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $144,760 (12.0% below list)

Questions for the listing agent

  1. It's been on market 229 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 1930 — 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
1.20%
Cap rate
8.66%
Cash-on-cash
8.47%
DSCR
1.38
GRM
6.9

CMA / ARV

ARV (median comp)
$311,788
List price
$164,500
Delta
-47.24%
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
707 Francis Pl NW 0.30mi 3/2.0 1,585 (-5%) 1mo $175,000 $110 72
767 N Elizabeth Pl NW 0.36mi 3/2.5 1,700 (+2%) 9mo $266,000 $156 68
791 Gertrude Pl NW 0.33mi 3/2.0 1,700 (+2%) 13mo $279,000 $164 67
1827 North Ave NW 0.35mi 3/1.5 1,520 (-9%) 3mo $167,000 $110 64
1422 Kennesaw Dr 0.60mi 3/2.0 1,624 (-3%) 1mo $370,000 $228 62
656 S Elizabeth Pl NW 0.34mi 3/3.0 1,800 (+8%) 3mo $380,000 $211 61
1713 North Ave NW 0.26mi 3/2.5 1,900 (+13%) 7mo $409,000 $215 54
1938 Maywood Pl NW 0.51mi 4/2.0 (+1) 1,596 (-5%) 8mo $287,000 $180 53
495 Woodlawn Ave 0.44mi 3/2.0 1,500 (-10%) 14mo $365,000 $243 46
1955 Maywood Pl NW 0.56mi 4/3.0 (+1) 1,630 (-3%) 15mo $415,000 $255 44
688 S Eugenia Pl NW 0.71mi 3/2.0 1,526 (-9%) 7mo $85,000 $56 42
265 Whitaker Cir NW 0.62mi 4/3.0 (+1) 1,745 (+4%) 14mo $389,000 $223 39

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 · 3.26% rent growth · sell at horizon

5-year hold
IRR
-3.1%
Equity multiple
0.88×
Total profit
$-5,344
Equity at exit
$24,527
10-year hold
IRR
7.0%
Equity multiple
1.53×
Total profit
$24,508
Equity at exit
$14,223

Cash invested: $46,060 (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.

ZIP-level market 30318

Rents YoY
3.3%
Active inventory
722
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,974 high interval (Pro) →
Mortgage (P&I)
$863
Tax from tax record
$303 /mo · $3,641/yr
Insurance
$69
HOA
$0
Vacancy / Maint / Mgmt
$415
Net cashflow
$325

Break-even live

Break-even rent $1,563
Max offer price $164,500
Occupancy floor 79%

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
$41,125
Closing costs
$4,935
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
557 W Lake Ave NW Atlanta, GA 1.0–3.0 1.0–2.0 1190 $1,556 $1.31 4d 9 0.10mi
725 Matilda Pl NW Atlanta, GA 2.0 1.0 1225 $1,450 $1.18 24d 1 0.19mi
636 Francis Pl NW Unit A Atlanta, GA 2.0 2.0 1380 $1,800 $1.30 24d 1 0.21mi
687 S Evelyn Pl NW Atlanta, GA 3.0 2.5 1200 $1,978 $1.65 21d 1 0.24mi
390 W Lake Ave NW Apt A1 Atlanta, GA 3.0 1.5 1256 $1,299 $1.03 24d 1 0.41mi
390 W Lake Ave NW Unit A10 Atlanta, GA 3.0 1.5 1256 $1,275 $1.02 24d 1 0.41mi
390 W Lake Ave NW Unit B9 Atlanta, GA 2.0 1.5 1256 $1,275 $1.02 24d 1 0.41mi
1911 Baker Rd NW Atlanta, GA 3.0 2.5 2200 $2,795 $1.27 19d 1 0.44mi
557 Chappell Rd NW Atlanta, GA 3.0 2.0 1264 $1,850 $1.46 5d 1 0.49mi
1894 North Ave NW Atlanta, GA 2.0 1.5 1098 $1,995 $1.82 24d 1 0.50mi
511 Emily Pl NW Atlanta, GA 3.0 1.0 1101 $1,745 $1.58 24d 1 0.57mi
1948 Detroit Ave NW Unit A Atlanta, GA 3.0 2.5 1205 $1,900 $1.58 24d 1 0.62mi
714 Emily Pl NW Atlanta, GA 3.0 2.0 1492 $2,700 $1.81 3d 1 0.63mi
280 Holly Rd NW Unit B Atlanta, GA 2.0 2.0 1100 $1,650 $1.50 24d 1 0.66mi
24 S Eugenia Pl NW Atlanta, GA 4.0 2.5 1410 $1,725 $1.22 24d 1 0.70mi
1916 Joseph E. Boone Blvd NW Unit A Atlanta, GA 3.0 1.0 1100 $1,550 $1.41 21d 1 0.72mi
1448 Rome Dr NW Unit 1448 Atlanta, GA 3.0 2.5 1400 $2,300 $1.64 13d 1 0.74mi
2060 Baker Rd NW Atlanta, GA 2.0 2.0 1436 $2,100 $1.46 3d 1 0.77mi
308 Anderson Ave NW Unit A Atlanta, GA 4.0 3.0 1250 $2,200 $1.76 24d 1 0.80mi
1770 Springview Rd NW Atlanta, GA 3.0 2.0 1262 $2,000 $1.58 24d 1 0.81mi
971 Colquitt Pl NW Unit A Atlanta, GA 4.0 3.0 1750 $800 $0.46 24d 1 0.81mi
195 W Lake Ave NW Unit 1 Atlanta, GA 3.0 2.0 1245 $2,654 $2.13 24d 1 0.84mi
1026 Sims Ave NW Unit B Atlanta, GA 4.0 3.0 1492 $2,842 $1.90 24d 1 0.95mi
1637 Winpost Ln NW Atlanta, GA 3.0 2.5 1507 $2,800 $1.86 24d 1 0.99mi
66 Holly Rd NW Atlanta, GA 3.0 2.5 1632 $2,228 $1.37 2d 1 1.06mi
1632 Gunnin Trce NW Atlanta, GA 3.0 2.5 1408 $2,800 $1.99 20d 1 1.12mi
562 Gary Rd NW Atlanta, GA 4.0 2.0 1700 $2,400 $1.41 24d 1 1.12mi
1332 Akridge St NW Atlanta, GA 3.0 2.0 1400 $1,775 $1.27 24d 1 1.13mi
1955 East Ave NW Unit A Atlanta, GA 4.0 3.0 1800 $1,990 $1.11 15d 1 1.14mi
38 Hollywood Dr NW Atlanta, GA 4.0 2.0 1400 $2,200 $1.57 24d 1 1.17mi
120 Burbank Dr NW Atlanta, GA 3.0 2.0 1331 $1,795 $1.35 24d 1 1.18mi
1110 Cato St NW Atlanta, GA 3.0 1.0 1050 $1,400 $1.33 24d 1 1.23mi
0 W Lake Ave NW Atlanta, GA 3.0 2.5 1300 $1,900 $1.46 2d 1 1.24mi
1040 Tilden St NW Atlanta, GA 3.0 2.0 1645 $3,100 $1.88 24d 1 1.24mi
821 Westmoreland Cir NW Atlanta, GA 2.0 2.5 2090 $2,850 $1.36 24d 1 1.26mi
854 N Grand Ave NW Atlanta, GA 4.0 2.5 1436 $1,824 $1.27 24d 1 1.26mi
29 Chappell Rd NW Atlanta, GA 3.0 2.0 1670 $1,953 $1.17 22d 1 1.28mi
273 Wadley St NW Atlanta, GA 3.0 2.0 1406 $1,990 $1.42 24d 1 1.28mi
2364 Cross St NW Atlanta, GA 3.0 1.0 1168 $1,500 $1.28 17d 1 1.29mi
929 N Grand Ave NW Atlanta, GA 3.0 2.0 1100 $2,500 $2.27 24d 1 1.29mi

Listing history 50 events

  1. 2026-06-18
    days on market $164,500 Active 229 DOM
  2. 2026-06-17
    days on market $164,500 Active 228 DOM
  3. 2026-06-16
    days on market $164,500 Active 227 DOM
  4. 2026-06-15
    days on market $164,500 Active 226 DOM
  5. 2026-06-13
    days on market $164,500 Active 224 DOM
  6. 2026-06-13
    days on market $164,500 Active 223 DOM
  7. 2026-06-10
    price $164,500 Active 220 DOM
  8. 2026-06-09
    days on market $179,500 Active 220 DOM
  9. 2026-06-08
    days on market $179,500 Active 219 DOM
  10. 2026-06-07
    days on market $179,500 Active 218 DOM
  11. 2026-06-04
    days on market $179,500 Active 215 DOM
  12. 2026-06-03
    days on market $179,500 Active 214 DOM
  13. 2026-06-02
    days on market $179,500 Active 213 DOM
  14. 2026-06-01
    days on market $179,500 Active 212 DOM
  15. 2026-05-31
    days on market $179,500 Active 211 DOM
  16. 2026-04-08
    price $179,500 1269-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  17. 2026-04-08
    price $179,500 1756-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  18. 2026-04-06
    price $204,500 1269-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  19. 2026-04-06
    price $204,500 1756-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  20. 2026-03-26
    price $214,500 1269-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  21. 2026-03-26
    price $214,500 1756-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  22. 2025-12-09
    price $219,500 1269-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  23. 2025-12-09
    price $219,500 1756-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  24. 2025-10-31
    listed $234,500 New 1269-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  25. 2025-10-31
    listed $234,500 Active 1756-char remark
    Show marketing remark (1756 chars)

    REDUCED! Hidden Gem! Charming 2-Bedroom, 2 Bathroom 4sided Brick Home — Priced to Sell! Discover this hidden gem — a beautifully maintained 2-bedroom, 2-bathroom brick home offering 1,675 sq. ft. of comfortable living space on a spacious 0.31-acre lot. This inviting property combines classic charm with modern convenience, perfect for families, professionals, or anyone seeking a peaceful place to call home. Step inside to find a bright, open floor plan featuring a large living area ideal for relaxing or entertaining. The kitchen provides plenty of counter space and cabinetry for effortless meal prep, while both bedrooms are generously sized with ample closet storage. The two full bathrooms are clean, functional, and designed for everyday comfort. Outside, enjoy the expansive yard — perfect for gardening, outdoor gatherings, or simply soaking up the sunshine. The sturdy brick exterior adds timeless curb appeal and low-maintenance durability. Additional highlights include central heating and air, convenient parking, and Section 8 approval, making this an excellent opportunity for qualified renters or investors alike. • Atlanta Housing Down Payment Assistance:Provides up to $20,000 ($25,000 for certain public-facing jobs) in down payment or closing cost assistance for homes within the city of Atlanta. Georgia Dream Homeownership Program • Assistance: Offers a second loan of up to $10,000 ($12,500 for specific borrowers like public service workers, active military, or those with a disabled family member) for down payments and closing costs. This hidden gem is priced to sell — don’t wait! Schedule your showing today and see all this charming home has to offer.

  26. 2025-07-03
    historical
  27. 2025-07-03
    historical
  28. 2025-05-25
    price $245,000
  29. 2025-05-25
    price $245,000
  30. 2025-04-22
    listed $249,900 Active
  31. 2025-04-22
    listed $249,900 New
  32. 2025-04-21
    historical
  33. 2025-04-17
    historical
  34. 2025-04-17
    historical
  35. 2025-04-01
    listed $299,900 New
  36. 2025-03-15
    listed $299,900 Active
  37. 2025-03-11
    historical
  38. 2025-03-11
    listed $299,900 New
  39. 2025-03-07
    historical
  40. 2025-03-04
    historical
  41. 2025-02-03
    listed $325,000 Active
  42. 2025-02-03
    listed $325,000 New
  43. 2020-04-13
    soldstatus $186,000
  44. 2020-03-27
    soldstatus $186,000 Closed
  45. 2019-11-11
    status Pending
  46. 2019-11-04
    listed $186,000 Active
  47. 2019-07-31
    historical
  48. 2019-04-25
    price $195,000
  49. 2019-03-15
    price $220,000
  50. 2019-03-15
    status Back on Market

ⓘ 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
$3,641 · $303/mo
Projected year-2 tax
$3,641 · $303/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 6/10 Major 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 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
$23,691
− Mortgage interest
−$9,215
− Property taxes
−$3,641
− Insurance
−$822
− Repairs & maintenance
−$1,895
− Management
−$1,895
− Depreciation
−$4,785
Taxable income
$1,437
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$345
After-tax cash flow
$3,556/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)
59,609
Household income
$83,116
Rent vs Own
58.6% rent · 41.4% own
Severe rent burden
4182.0

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
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
Black 49% White 35% Hispanic / Latino 7% Two or more races 6% Asian 5%
Hispanic origin (detail)
Mexican 2% Puerto Rican 1%
Common ancestry
Lithuanian 2% Slovak 2% Romanian 1%
Foreign-born
8% · Canada, China, South Korea
Languages at home
88% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 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
▼ -470.82%
Current HPI
224.1493
Rent YoY
▲ 3.26%
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

Price history

+498.3% since first listed
55 events — show timeline
  • 2026-04-08 Price Changed $179,500 GAMLS
  • 2026-04-08 Price Changed $179,500 FMLS
  • 2026-04-06 Price Changed $204,500 GAMLS
  • 2026-04-06 Price Changed $204,500 FMLS
  • 2026-03-26 Price Changed $214,500 GAMLS
  • 2026-03-26 Price Changed $214,500 FMLS
  • 2025-12-09 Price Changed $219,500 GAMLS
  • 2025-12-09 Price Changed $219,500 FMLS
  • 2025-10-31 Listed $234,500 FMLS
  • 2025-10-31 Listed $234,500 GAMLS
  • 2025-07-03 Listing Removed GAMLS
  • 2025-07-03 Listing Removed FMLS
  • 2025-05-25 Price Changed $245,000 GAMLS
  • 2025-05-25 Price Changed $245,000 FMLS
  • 2025-04-22 Listed $249,900 GAMLS
  • 2025-04-22 Listed $249,900 FMLS
  • 2025-04-21 Listing Removed GAMLS
  • 2025-04-17 Listing Removed GAMLS
  • 2025-04-17 Listing Removed FMLS
  • 2025-04-01 Listed $299,900 GAMLS
  • 2025-03-15 Listed $299,900 FMLS
  • 2025-03-11 Coming Soon FMLS
  • 2025-03-11 Listed $299,900 GAMLS
  • 2025-03-07 Listing Removed FMLS
  • 2025-03-04 Listing Removed GAMLS
  • 2025-02-03 Listed $325,000 GAMLS
  • 2025-02-03 Listed $325,000 FMLS
  • 2020-04-13 Sold (Public Records) $186,000 Public Records
  • 2020-03-27 Sold (MLS) $186,000 FMLS
  • 2019-11-11 Pending FMLS
  • 2019-11-04 Listed $186,000 FMLS
  • 2019-07-31 Listing Removed GAMLS
  • 2019-04-25 Price Changed $195,000 GAMLS
  • 2019-03-15 Price Changed $220,000 GAMLS
  • 2019-03-15 Relisted GAMLS
  • 2019-03-01 Listing Removed GAMLS
  • 2018-12-29 Price Changed $260,000 GAMLS
  • 2018-10-30 Listed $288,000 GAMLS
  • 2016-06-09 Listing Removed GAMLS
  • 2016-06-09 Sold (MLS) $25,000 GAMLS
  • 2016-06-09 Sold (MLS) $25,000 FMLS
  • 2016-05-20 Pending GAMLS
  • 2016-04-18 Pending GAMLS
  • 2016-04-18 Contingent FMLS
  • 2016-03-28 Price Changed $25,000 GAMLS
  • 2016-03-28 Price Changed $25,000 FMLS
  • 2016-02-26 Listed $40,000 GAMLS
  • 2016-02-26 Listed $40,000 FMLS
  • 2015-09-03 Pending GAMLS
  • 2015-09-03 Listing Removed GAMLS
  • 2015-09-01 Listed $25,000 GAMLS
  • 2015-04-02 Relisted GAMLS
  • 2015-04-02 Listing Removed GAMLS
  • 2014-05-16 Pending GAMLS
  • 2014-05-05 Listed $30,000 GAMLS

Property tax history

+14.4%/yr

Latest (2025): $3,641 · +3.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…