1948 Browns Mill Rd SE · Atlanta, GA 30315

$139,900

2 bd · 1.0 ba · 1,204 sqft · SingleFamily public records · 23 Days on market

Built 1958 0.28 ac lot $116/sqft · 57% below area

---

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 +24.8/30.0
• DSCR +8.0/10.0
• 1% rule +7.7/10.0
• 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

Listing remarks MLS

Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

Key facts

• 0.28 acre lot
• 3 parking spots
• Built 1958

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $297 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% 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); 378 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 42% of the median local income ($51k/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 $967 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.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 20y ago 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.
• Current owner paid $69k; list at $140k implies a 103% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $137,801 (1.5% below list)

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.27% ✓
• Cap rate: 8.84%
• Cash-on-cash: 9.10%
• DSCR: 1.40
• GRM: 6.5

CMA / ARV

• ARV (median comp): $325,075
• List price: $139,900
• Delta: -56.96%
• 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
366 Wyndham Way SE	0.16mi	3/1.0 (+1)	1,147 (-5%)	2mo	$187,000	$163	78
1120 Oak Knoll Ter	0.47mi	3/1.0 (+1)	1,206 (+0%)	1mo	$50,000	$41	72
358 Schoen St SE	0.26mi	3/2.0 (+1)	1,350 (+12%)	0mo	$250,000	$185	58
1688 Oak Knoll Cir SE	0.62mi	3/2.0 (+1)	1,160 (-4%)	2mo	$295,000	$254	54
156 Rhodesia Ave SE	0.63mi	3/2.0 (+1)	1,259 (+5%)	1mo	$255,000	$203	53
288 Harper Rd SE	0.34mi	3/2.0 (+1)	1,374 (+14%)	4mo	$325,000	$237	49
209 Harper Rd SE	0.45mi	3/2.0 (+1)	1,059 (-12%)	2mo	$253,000	$239	48
445 Carey Dr SE	0.51mi	3/2.0 (+1)	1,064 (-12%)	0mo	$234,000	$220	47
710 Thomasville Blvd SE	0.62mi	3/2.0 (+1)	1,084 (-10%)	0mo	$213,000	$196	45
1825 Shadydale Ave SE	0.61mi	3/1.5 (+1)	1,046 (-13%)	0mo	$155,000	$148	43
2286 Carey Dr SE	0.72mi	3/1.0 (+1)	1,048 (-13%)	1mo	$102,500	$98	39
97 Harper Rd SE	0.62mi	3/1.5 (+1)	1,025 (-15%)	1mo	$154,680	$151	38

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

5-year hold

• IRR: -2.2%
• Equity multiple: 0.92×
• Total profit: $-3,218
• Equity at exit: $20,860

10-year hold

• IRR: 7.9%
• Equity multiple: 1.61×
• Total profit: $23,739
• Equity at exit: $12,096

Cash invested: $39,172 (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 30315

• Rents YoY: 3.2%
• Active inventory: 378
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,783 high
• Mortgage (P&I): −$734
• Tax from tax record: −$320 /mo · $3,836/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $297

Break-even live

Break-even rent $1,407

Max offer price $139,900

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
340 Adelle St SE Atlanta, GA	3.0	1.0	1122	$1,500	$1.34	2d	1	0.10mi
2087 Lakewood Trl SE Atlanta, GA	3.0	2.5	1056	$2,256	$2.14	24d	1	0.15mi
2085 Browns Mill Rd SE Atlanta, GA	1.0	1.0	1200	$695	$0.58	24d	1	0.27mi
1770 Richmond Cir SE Unit 1000E Atlanta, GA	2.0	2.0	1200	$1,365	$1.14	24d	1	0.36mi
1770 Richmond Cir SE Unit 500F Atlanta, GA	2.0	2.0	1200	$1,750	$1.46	24d	1	0.36mi
1875 Conrad Ave SE Atlanta, GA	3.0	2.0	1088	$1,803	$1.66	21d	1	0.37mi
172 Meador Way SE Atlanta, GA	3.0	2.0	1100	$1,950	$1.77	24d	1	0.42mi
386 Lindsey Dr SE Atlanta, GA	3.0	1.0	1040	$1,808	$1.74	14d	1	0.42mi
1754 Richmond Cir SE Atlanta, GA	2.0	2.0	1200	$1,750	$1.46	7d	2	0.43mi
76 Schell Rd SE Atlanta, GA	3.0	1.0	1080	$1,623	$1.50	24d	1	0.49mi
2255 Rhinehill Rd SE Atlanta, GA	1.0	1.0	1482	$638	$0.43	7d	1	0.61mi
52 Claire Dr SE Atlanta, GA	2.0	2.0	800	$1,750	$2.19	18d	1	0.67mi
51 Bowen Ave SE Atlanta, GA	1.0	1.0	800	$1,025	$1.28	1d	1	0.75mi
2145 Macon Dr SW Atlanta, GA	3.0	1.0	1059	$1,450	$1.37	24d	1	0.88mi
73 Polar Rock Rd SW Atlanta, GA	3.0	1.0	1098	$1,850	$1.68	10d	1	0.91mi
2332 Baywood Dr SE Atlanta, GA	3.0	2.0	1100	$1,400	$1.27	17d	1	0.91mi
1515 Jonesboro Rd SE Atlanta, GA	3.0	2.0	1360	$2,300	$1.69	12d	1	0.92mi
585 McWilliams Rd SE #104 Atlanta, GA	2.0	3.0	1500	$2,078	$1.39	19d	1	0.94mi
402 McDonough Blvd SE Atlanta, GA	3.0	3.5	1270	$2,350	$1.85	24d	1	0.97mi
1455 Jonesboro Rd SE Atlanta, GA	2.0	1.0	700	$2,000	$2.86	24d	1	1.04mi
752 McDonough Blvd SE Atlanta, GA	3.0	2.0	1120	$1,895	$1.69	24d	1	1.06mi
136 Hillsdale Dr SE Atlanta, GA	3.0	2.0	1075	$1,995	$1.86	24d	1	1.06mi
95 Thirkield Ave SE Atlanta, GA	3.0	2.0	1096	$1,850	$1.69	15d	1	1.06mi
91 Thirkield Ave SE Atlanta, GA	2.0	1.0	1092	$1,995	$1.83	24d	1	1.07mi
976 McKay Dr SE Atlanta, GA	3.0	1.0	1200	$1,695	$1.41	2d	1	1.07mi
2308 Lakewood Ave SW Unit A Atlanta, GA	1.0	1.0	1112	$895	$0.80	24d	1	1.10mi
117 Thayer Ave SE Atlanta, GA	3.0	1.0	1241	$1,666	$1.34	13d	1	1.11mi
2197 Polar Rock Pl SW Atlanta, GA	3.0	2.5	1000	$2,700	$2.70	20d	1	1.12mi
250 Amal Dr SW #7009 Atlanta, GA	3.0	2.5	1440	$1,850	$1.28	7d	1	1.15mi
1979 Turner Rd SE Atlanta, GA	3.0	1.0	808	$1,595	$1.97	10d	1	1.18mi
672 Cassanova St SE Unit A Atlanta, GA	1.0	1.0	1025	$2,000	$1.95	17d	1	1.18mi
672 Cassanova St SE Unit A Atlanta, GA	1.0	1.0	1045	$2,000	$1.91	1d	1	1.18mi
672 Cassanova St SE Unit B Atlanta, GA	2.0	1.5	1245	$2,300	$1.85	17d	1	1.18mi
2268 Polar Rock Pl SW Atlanta, GA	3.0	1.0	925	$1,575	$1.70	24d	1	1.19mi
972 Welch St SE Atlanta, GA	3.0	2.0	1100	$900	$0.82	5d	1	1.20mi
245 Amal Dr SW #3004 Atlanta, GA	2.0	2.0	1402	$1,800	$1.28	21d	1	1.22mi
1940 Fisher Rd SE Atlanta, GA	2.0	1.0	760	$1,300	$1.71	24d	1	1.23mi
1389 Cozy Ct SE Atlanta, GA	1.0	1.0	1500	$1,350	$0.90	24d	1	1.24mi
1389 Cozy Ct SE Atlanta, GA	1.0	1.0	1500	$1,350	$0.90	5d	1	1.24mi
1394 Cozy Cir SE Atlanta, GA	3.0	3.0	1500	$2,850	$1.90	13d	1	1.24mi

Listing history 21 events

1. 2026-05-31
   status $139,900 Pending 23 DOM
2. 2026-05-17
   status Pending 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

3. 2026-05-17
   status Under Contract 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

4. 2026-05-12
   status Price Change 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

5. 2026-05-12
   status Active 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

6. 2026-05-12
   price $139,900 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

7. 2026-05-12
   price $139,900 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

8. 2026-05-06
   status Under Contract 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

9. 2026-05-06
   status Pending 561-char remark

   Show marketing remark (561 chars)

   Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

10. 2026-05-04
    status Back On Market 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

11. 2026-05-04
    status Active 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

12. 2026-04-27
    status Under Contract 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

13. 2026-04-27
    status Pending 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

14. 2026-04-21
    listed $143,000 Active 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

15. 2026-04-21
    price $143,000 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

16. 2026-04-20
    historical $145,000 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

17. 2026-04-19
    listed $143,000 New 561-char remark

    Show marketing remark (561 chars)

    Value-add opportunity in a convenient Atlanta location. This 2-bedroom, 1-bath home features an eat-in kitchen, fireplace, and partial unfinished basement, offering plenty of potential for renovation and repositioning. Located near Lakewood Stadium, Browns Mill Golf Course, and Lake Charlotte Nature Preserve, and less than 15 minutes from the Atlanta Beltline and Downtown Atlanta, the property is well-placed for future appeal. Ideal for investors pursuing a fix-and-flip or buy-and-hold strategy, as well as buyers ready to customize a home to their vision.

18. 2007-02-07
    soldstatus $69,000
19. 2006-12-13
    listed $69,900
20. 2002-08-22
    soldstatus $118,000
21. 1985-10-14
    soldstatus $22,000

ⓘ 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: $3,836 · $320/mo
• Projected year-2 tax: $3,836 · $320/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 6 d/yr ≥105°F today · 16 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: $21,398
• − Mortgage interest: −$7,837
• − Property taxes: −$3,836
• − Insurance: −$700
• − Repairs & maintenance: −$1,712
• − Management: −$1,712
• − Depreciation: −$4,070
• Taxable income: $1,532
• Est. tax owed @ 24.0%: −$368
• After-tax cash flow: $3,197/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

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): 34,264
• Household income: $50,822
• Rent vs Own: 56.7% rent · 43.3% 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
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+535.9% since first listed

20 events — show timeline

• 2026-05-17 Pending — FMLS
• 2026-05-17 Pending — GAMLS
• 2026-05-12 Relisted — GAMLS
• 2026-05-12 Relisted — FMLS
• 2026-05-12 Price Changed $139,900 FMLS
• 2026-05-12 Price Changed $139,900 GAMLS
• 2026-05-06 Pending — GAMLS
• 2026-05-06 Pending — FMLS
• 2026-05-04 Relisted — GAMLS
• 2026-05-04 Relisted — FMLS
• 2026-04-27 Pending — GAMLS
• 2026-04-27 Pending — FMLS
• 2026-04-21 Listed $143,000 FMLS
• 2026-04-21 Price Changed $143,000 FMLS
• 2026-04-20 Coming Soon $145,000 FMLS
• 2026-04-19 Listed $143,000 GAMLS
• 2007-02-07 Sold (MLS) $69,000 FMLS
• 2006-12-13 Listed $69,900 FMLS
• 2002-08-22 Sold (Public Records) $118,000 Public Records
• 1985-10-14 Sold (Public Records) $22,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $3,836 · -4.5% YoY. Source: county tax records.