207 Oldenburg Dr · Riverdale, GA 30274

$137,000

3 bd · 2.0 ba · 975 sqft · SingleFamily public records · 35 Days on market

Built 1968 0.34 ac lot $141/sqft · 33% below area Est $203k · 33% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.1/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +6.1/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this Riverdale home featuring a functional layout with spacious living areas, generously sized bedrooms, and plenty of potential to make it your own. The property offers a comfortable flow throughout along with outdoor space for relaxing or entertaining. Conveniently located near shopping, dining, schools, major highways, and Hartsfield-Jackson Airport, this home provides easy access to everyday conveniences and commuter routes. This property may also be a great investment opportunity.

Key facts

• Easy access
• Outdoor space
• 0.34 acre lot

Tags

• OUTDOOR SPACE
• INVESTMENT OPPORTUNITY
• EASY ACCESS

Property features AI

Exterior

• Parking: Carport (1 space); Driveway; Open parking
• Utilities: Water source listed as 'Other'; Sewer listed as 'Other'; Electric listed as 'Other'; Utilities listed as 'Other'
• Home design: One-level home
• Construction: Brick construction; Composition roof; Slab foundation; Resale condition; Built area above grade reported (975)
• Exterior features: Asphalt road frontage on a city street; Open parking available

Interior

• Kitchen: Kitchen features listed as 'Other'; Appliances listed as 'Other'
• Bedrooms: Three main-level bedrooms; Bedroom features listed as 'Other'
• Flooring: Flooring listed as 'Other'
• Bathrooms: One full bathroom; One half bathroom; Master bath with tub/shower combo; One main-level full bathroom and one main-level half bathroom
• Heating & cooling: Heating listed as 'Other'; Cooling listed as 'Other'
• Interior features: Open-concept dining area; Family room; No shared/common walls; Crawl space
• Laundry & utility: Laundry features listed as 'Other'

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $137k.

Deal economics

• At list price, monthly cash flow is $246 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $137k).
• Recommended offer: $133k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 5.5% in Riverdale — 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 70/100 on livability (#100 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Clayton County (suburban): math 11% / reading 20% proficiency, ranked #155 of 174 in GA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Charles R. Drew High School (math 8% / reading 22%, grade F, #297 of 424 statewide, top 74%, 1,652 students, 91% FRL).
• Market conditions: Rents rising (+1.3%/yr); 182 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
• This rent runs 35% of the median local income ($52k/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 $947 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Clayton County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 5 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

• Climate carrying-cost: moderate wind risk, 26% 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 $132,890 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 1.11% ✓
• Cap rate: 8.44%
• Cash-on-cash: 7.68%
• DSCR: 1.34
• GRM: 7.5

CMA / ARV

• ARV (median comp): $203,321
• List price: $137,000
• Delta: -32.62%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
127 Oldenburg Dr	0.16mi	3/2.0	950 (-3%)	11mo	$200,000	$211	79
56 Crystal River Dr	0.33mi	4/1.5 (+1)	1,025 (+5%)	2mo	$222,900	$217	67
6730 Gano Dr	0.44mi	3/1.0	925 (-5%)	0mo	$135,000	$146	66
6565 Bussell Way	0.55mi	3/2.0	988 (+1%)	11mo	$218,600	$221	63
6671 Gano Dr	0.49mi	3/2.0	1,040 (+7%)	8mo	$215,000	$207	60
430 Roxbury Dr	0.12mi	3/1.0	1,075 (+10%)	18mo	$143,500	$133	58
406 Roxbury Dr	0.15mi	3/2.0	1,075 (+10%)	23mo	$200,000	$186	57
327 Roxbury Dr	0.35mi	3/1.0	925 (-5%)	22mo	$125,000	$135	53
6724 Gano Dr	0.44mi	3/1.0	900 (-8%)	19mo	$132,300	$147	47
597 Roxbury Dr	0.65mi	3/1.0	925 (-5%)	18mo	$143,600	$155	43

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 · 1.3% rent growth · sell at horizon

5-year hold

• IRR: -6.5%
• Equity multiple: 0.76×
• Total profit: $-9,083
• Equity at exit: $20,427

10-year hold

• IRR: 0.9%
• Equity multiple: 1.06×
• Total profit: $2,215
• Equity at exit: $11,845

Cash invested: $38,360 (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 30274

• Home prices YoY: -19.6%
• Rents YoY: 1.3%
• Active inventory: 182
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,519 high
• Mortgage (P&I): −$718
• Tax from tax record: −$179 /mo · $2,149/yr
• Insurance: −$57
• HOA: −$0
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $246

Break-even live

Break-even rent $1,208

Max offer price $137,000

Occupancy floor 79%

Sensitivity live

Price	-10% $323	-5% $284	+0% $246	+5% $207	+10% $168
Rent	-10% $126	-5% $186	+0% $246	+5% $306	+10% $366
Rate	-1.0pp $315	-0.5pp $280	base $246	+0.5pp $210	+1.0pp $174

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: $34,250
• Closing costs: $4,110
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
157 Sunrise Cir Riverdale, GA	3.0	2.0	975	$1,500	$1.54	5d	1	0.15mi
6690 Willow Twig Rd Riverdale, GA	2.0	2.0	1068	$1,300	$1.22	25d	1	0.24mi
6903 Tara Blvd Jonesboro, GA	2.0	1.0–2.0	1057	$1,255	$1.19	44d	2	0.41mi
3500 Summercourt Dr Jonesboro, GA	1.0–2.0	1.0–2.0	843	$1,428	$1.69	2d	9	0.43mi
7016 Sun Valley Way Riverdale, GA	3.0	2.0	950	$1,456	$1.53	13d	1	0.61mi
6632 Stark Ct Unit A Riverdale, GA	3.0	2.0	1075	$1,850	$1.72	44d	1	0.66mi
330 Arrowhead Blvd Jonesboro, GA	1.0–3.0	1.0–2.5	1180	$1,199	$1.02	44d	1	0.68mi
276 Upper Riverdale Rd Jonesboro, GA	1.0–2.0	1.0–1.5	984	$1,280	$1.30	2d	8	0.72mi
6347 Tara Blvd Unit 88 Jonesboro, GA	2.0	1.0	832	$1,120	$1.35	44d	1	0.82mi
6347 Tara Blvd Unit 97 Jonesboro, GA	2.0	1.0	832	$1,120	$1.35	25d	1	0.82mi
661 Sherwood Dr Jonesboro, GA	2.0–3.0	1.0–2.0	1184	$1,495	$1.26	44d	1	0.94mi
275 Upper Riverdale Rd Unit A76 Jonesboro, GA	2.0	2.0	832	$1,200	$1.44	44d	1	0.94mi
275 Upper Riverdale Rd Unit A50 Jonesboro, GA	2.0	1.0	768	$1,205	$1.57	6d	1	0.96mi
701 Mt Zion Rd Jonesboro, GA	2.0–3.0	1.5–2.0	1136	$1,500	$1.32	4d	8	0.99mi
275 Upper Riverdale Rd Unit A63 Jonesboro, GA	2.0	2.0	832	$1,200	$1.44	25d	1	1.00mi
160 Roy Huie Rd Riverdale, GA	3.0	2.0	1032	$1,631	$1.58	17d	1	1.03mi
7016 Adel Ln Riverdale, GA	3.0	1.0	1092	$1,500	$1.37	44d	1	1.04mi
193 Scarsdale Dr Riverdale, GA	3.0	1.0	925	$1,655	$1.79	25d	1	1.13mi
363 Upper Riverdale Rd SW Riverdale, GA	1.0–2.0	1.0	842	$1,149	$1.36	21d	3	1.17mi
234 Montego Cir Riverdale, GA	3.0	2.0	1122	$1,615	$1.44	25d	1	1.21mi
501 Roberts Dr Riverdale, GA	1.0–3.0	1.0–2.0	1022	$1,344	$1.31	2d	12	1.22mi
501 Roberts Dr Riverdale, GA	2.0	2.0	1028	$1,144	$1.11	25d	1	1.22mi
808 S Nottingham Rd Jonesboro, GA	3.0	1.5	1107	$1,400	$1.26	19d	1	1.22mi
808 S Nottingham Rd Jonesboro, GA	3.0	1.5	1107	$1,400	$1.26	44d	1	1.22mi
850 Mount Zion Rd Jonesboro, GA	2.0–3.0	1.0–1.5	1040	$1,350	$1.30	2d	7	1.24mi
7074 Williamsburg Dr Riverdale, GA	2.0	2.0	1032	$1,461	$1.42	4d	1	1.28mi
707 Battlecreek Rd Jonesboro, GA	3.0	1.5	1075	$1,625	$1.51	44d	1	1.30mi
461 Old Dixie Way Forest Park, GA	1.0–3.0	1.0–2.0	1131	$1,400	$1.24	22d	1	1.31mi
7259 Mayfair Cir Jonesboro, GA	3.0	1.0	1014	$1,590	$1.57	3d	1	1.43mi
985 Mount Zion Rd Morrow, GA	2.0–3.0	1.5–2.0	1157	$1,274	$1.10	2d	9	1.44mi
582 Roberts Dr Riverdale, GA	1.0–2.0	1.0–1.5	912	$1,001	$1.10	4d	6	1.47mi
582 Roberts Dr Riverdale, GA	1.0–2.0	1.0–1.5	825	$1,250	$1.52	44d	3	1.47mi

Listing history 26 events

1. 2026-06-18
   days on market $137,000 Active 35 DOM
2. 2026-06-17
   days on market $137,000 Active 34 DOM
3. 2026-06-16
   days on market $137,000 Active 33 DOM
4. 2026-06-15
   days on market $137,000 Active 32 DOM
5. 2026-06-13
   pricedays on market $137,000 Active 30 DOM
6. 2026-06-09
   days on market $140,000 Active 26 DOM
7. 2026-06-08
   days on market $140,000 Active 25 DOM
8. 2026-06-07
   days on market $140,000 Active 24 DOM
9. 2026-06-04
   days on market $140,000 Active 21 DOM
10. 2026-06-03
    days on market $140,000 Active 20 DOM
11. 2026-06-02
    days on market $140,000 Active 19 DOM
12. 2026-06-01
    days on market $140,000 Active 18 DOM
13. 2026-05-31
    days on market $140,000 Active 17 DOM
14. 2026-05-14
    listed $140,000 Active 501-char remark

    Show marketing remark (501 chars)

    Welcome to this Riverdale home featuring a functional layout with spacious living areas, generously sized bedrooms, and plenty of potential to make it your own. The property offers a comfortable flow throughout along with outdoor space for relaxing or entertaining. Conveniently located near shopping, dining, schools, major highways, and Hartsfield-Jackson Airport, this home provides easy access to everyday conveniences and commuter routes. This property may also be a great investment opportunity.

15. 2026-05-14
    listed $140,000 New 501-char remark

    Show marketing remark (501 chars)

    Welcome to this Riverdale home featuring a functional layout with spacious living areas, generously sized bedrooms, and plenty of potential to make it your own. The property offers a comfortable flow throughout along with outdoor space for relaxing or entertaining. Conveniently located near shopping, dining, schools, major highways, and Hartsfield-Jackson Airport, this home provides easy access to everyday conveniences and commuter routes. This property may also be a great investment opportunity.

16. 2025-12-08
    historical $1,720
17. 2025-12-02
    listed $1,720
18. 2025-12-02
    historical $1,720
19. 2025-11-01
    listed $1,720
20. 2025-11-01
    historical $1,720
21. 2025-10-25
    listed $1,720
22. 2017-12-19
    soldstatus $16,869,100
23. 2002-01-31
    soldstatus $97,000
24. 2001-11-13
    soldstatus $62,000
25. 2001-11-13
    soldstatus $65,500
26. 1992-03-02
    soldstatus $45,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,149 · $179/mo
• Projected year-2 tax: $2,149 · $179/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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,232
• − Mortgage interest: −$7,674
• − Property taxes: −$2,149
• − Insurance: −$685
• − Repairs & maintenance: −$1,459
• − Management: −$1,459
• − Depreciation: −$3,985
• Taxable income: $821
• Est. tax owed @ 24.0%: −$197
• After-tax cash flow: $2,751/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: Clayton County
• NCES district ID: 1301230
• Math proficiency: 11% ▼ -13.00%
• Reading proficiency: 20% ▼ -9.00%
• Median HH income: $42,266
• Composite: 13.41/100
• National rank: #9527
• State rank: #155 of 174 in GA

Livability — Riverdale

• Score: 70/100
• State rank: #100
• US rank: #7907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Clayton County · 230,153 people
• City population: 61,126
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 34,081
• Household income: $52,209
• Rent vs Own: 51.7% rent · 48.3% own
• Severe rent burden: 2586.0

Population outlook (Clayton County) Hauer SSP2

• Today (2025): 310,777 people
• By 2030: 329,762 · +6.1%
• By 2040: 368,052 · +18.4%
• By 2050: 401,196 · +29.1%
• By 2075: 472,488 · +52.0%
• By 2100: 500,446 · +61.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (76%)
• Race & ethnicity: Black 76% Hispanic / Latino 14% Two or more races 5% Asian 5% White 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 1%
• Foreign-born: 15% · Canada, Vietnam
• Languages at home: 80% English-only · Spanish 12% Vietnamese 2% Other Asian/Pacific 2%

Political lean MEDSL · Clayton

• 2024 margin: Solid D (+69.2) · D 84.3% · R 15.1%
• 2008→2024 swing: +2.8pp toward D · 2008: 66.4pp · 2024: 69.2pp
• All cycles: 2024: D+69.2 2020: D+70.9 2016: D+71.9 2012: D+70.1 2008: D+66.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.82%
• Current HPI: 236.3592
• Rent YoY: ▲ 1.30%
• 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

+204.4% since first listed

15 events — show timeline

• 2026-06-12 Price Changed $137,000 GAMLS
• 2026-06-12 Price Changed $137,000 FMLS
• 2026-05-14 Listed $140,000 FMLS
• 2026-05-14 Listed $140,000 GAMLS
• 2025-12-08 Rental Removed $1,720 RENTLY
• 2025-12-02 Listed for Rent $1,720 RENTLY
• 2025-12-02 Rental Removed $1,720 ZUMPER1
• 2025-11-01 Listed for Rent $1,720 ZUMPER1
• 2025-11-01 Rental Removed $1,720 RENTLY
• 2025-10-25 Listed for Rent $1,720 RENTLY
• 2017-12-19 Sold (Public Records) $16,869,100 Public Records
• 2002-01-31 Sold (Public Records) $97,000 Public Records
• 2001-11-13 Sold (Public Records) $65,500 Public Records
• 2001-11-13 Sold (Public Records) $62,000 Public Records
• 1992-03-02 Sold (Public Records) $45,000 Public Records

Property tax history

+6.8%/yr

Latest (2025): $2,149 · -1.8% YoY. Source: county tax records.