3614 Utoy Dr SW · South Fulton, GA 30331

$205,000

4 bd · 3.5 ba · 1,496 sqft · Townhouse public records · 62 Days on market

Built 2006 871 sqft lot $137/sqft · 17% below area Est $248k · 17% under $350/mo HOA · 16% of rent ↓ 38% since listing

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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 +15.9/30.0
• ARV discount +15.0/15.0
• 1% rule +5.6/10.0
• DSCR +4.9/10.0
• Schools +4.5/10.0
• Rent growth +3.2/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the rapidly growing South Fulton corridor, 3614 Utoy Drive SW presents an exceptional opportunity for investors seeking a turnkey, income-producing asset in one of Atlanta's expanding submarkets. Situated within a gated community, this three-level townhome features 3 bedrooms and 3.5 bathrooms, offering a functional layout designed to maximize rental appeal and long-term tenant retention. The home showcases a classic brick front exterior and a well-designed interior floor plan that naturally supports roommate-style living. Each of the three bedrooms includes its own private en-suite bathroom, creating an ideal roommate configuration that provides privacy for occupants while allowing owners to maximize rental potential. The kitchen is equipped with updated appliances, all of which remain with the property, offering a seamless transition for continued rental use. This property has already demonstrated strong rental stability, as the current tenant has successfully occupied the home for eight years, reflecting both the desirability of the property and the consistent demand for housing in the South Fulton area. Located just minutes from Camp Creek Marketplace, Hartsfield-Jackson International Airport, and major highway corridors, the property benefits from convenient access to employment centers, shopping, dining, and continued economic growth in the surrounding area. Investor-friendly showing terms: The property is currently tenant occupied and will be available for viewing during the buyer's due diligence period, allowing investors to secure the asset while maintaining tenant stability. For investors seeking a low-maintenance rental property with a proven occupancy history and strong long-term upside, 3614 Utoy Drive SW offers both stability and opportunity in the Atlanta market.

Key facts

• Gated community
• Updated appliances
• Brick front exterior

Tags

• GATED COMMUNITY
• BRICK FRONT EXTERIOR
• PRIVATE EN-SUITE BATHROOM
• UPDATED APPLIANCES
• STRONG RENTAL STABILITY
• CONVENIENT ACCESS

What this means for you Summary

Snapshot

• This is a 4-bed/3.5-bath townhouse listed at $205k.

Deal economics

• At list price, monthly cash flow is $98 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $205k).
• Recommended offer: $193k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.9% 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 C — 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 rising (+2.6%/yr); 483 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 ($63k/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 $1k of loan paydown is wiped out by about $6k 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 62 days — a 6% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.06% ✓
• Cap rate: 6.87%
• Cash-on-cash: 2.05%
• DSCR: 1.09
• GRM: 7.9

CMA / ARV

• ARV (median comp): $247,613
• List price: $205,000
• Delta: -17.21%
• 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
726 Celeste Ln SW	0.29mi	4/3.5	1,496 (0%)	5mo	$230,000	$154	82
727 Celeste Ln SW	0.29mi	3/2.5 (-1)	1,534 (+2%)	0mo	$205,000	$134	73
831 Crestwell Cir SW	0.42mi	3/2.5 (-1)	1,490 (-0%)	4mo	$170,000	$114	67
734 Celeste Ln SW #84	0.27mi	4/3.5	1,676 (+12%)	3mo	$235,000	$140	65
765 Crestwell Cir SW	0.48mi	3/2.5 (-1)	1,512 (+1%)	4mo	$160,000	$106	64
839 Crestwell Cir SW	0.45mi	3/2.5 (-1)	1,490 (-0%)	8mo	$185,000	$124	63
775 Nehemiah Ln SW	0.22mi	3/2.5 (-1)	1,600 (+7%)	8mo	$204,500	$128	62
775 Nehemiah Ln SW #775	0.22mi	3/2.5 (-1)	1,600 (+7%)	8mo	$204,500	$128	62
780 Nehemiah Ln SW	0.24mi	3/2.5 (-1)	1,600 (+7%)	7mo	$213,000	$133	62
720 Crestwell Cir SW	0.52mi	3/2.5 (-1)	1,490 (-0%)	9mo	$196,000	$132	58
807 Ambient Way SW	0.68mi	3/2.5 (-1)	1,496 (0%)	5mo	$238,000	$159	55
920 Society Cir SW	0.71mi	3/3.5 (-1)	1,480 (-1%)	10mo	$257,500	$174	52

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 · 2.63% rent growth · sell at horizon

5-year hold

• IRR: -13.4%
• Equity multiple: 0.52×
• Total profit: $-27,613
• Equity at exit: $30,566

10-year hold

• IRR: -5.0%
• Equity multiple: 0.68×
• Total profit: $-18,636
• Equity at exit: $17,725

Cash invested: $57,400 (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 30331

• Home prices YoY: -34.2%
• Rents YoY: 2.6%
• Active inventory: 483
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,175 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$109 /mo · $1,312/yr
• Insurance: −$85
• HOA: −$350
• Vacancy / Maint / Mgmt: −$457
• Net cashflow: $98

Break-even live

Break-even rent $2,050

Max offer price $205,000

Occupancy floor 90%

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3616 Utoy Dr SW Atlanta, GA	3.0	3.5	1496	$1,950	$1.30	43d	1	0.02mi
658 Providence Pl SW Atlanta, GA	3.0	3.5	1571	$2,100	$1.34	24d	1	0.32mi
648 Providence Pl SW #37 Atlanta, GA	3.0	3.5	1416	$2,195	$1.55	24d	1	0.34mi
513 Constellation Overlook SW Atlanta, GA	3.0	2.5	1446	$2,300	$1.59	24d	1	0.36mi
415 Fairburn Rd SW Atlanta, GA	1.0–3.0	1.0–2.0	890	$1,490	$1.67	1d	31	0.48mi
751 Fairburn Rd SW Atlanta, GA	1.0–3.0	1.0–2.0	1162	$2,170	$1.87	3d	32	0.55mi
494 Plainville Dr SW Atlanta, GA	3.0	2.0	1567	$2,400	$1.53	24d	1	0.66mi
3311 Rabun Dr SW Atlanta, GA	3.0	2.0	1523	$2,350	$1.54	24d	1	0.68mi
975 Society Cir SW Atlanta, GA	4.0	3.5	1700	$2,350	$1.38	1d	1	0.70mi
900 Society Cir SW Atlanta, GA	4.0	3.5	1710	$2,500	$1.46	24d	1	0.71mi
871 Laurelmont Dr SW Atlanta, GA	3.0	2.0	1210	$2,000	$1.65	24d	1	0.88mi
3915 Basil Way SW Atlanta, GA	3.0	2.0	1287	$2,600	$2.02	24d	1	1.14mi
3039 Lynn Dr SW Atlanta, GA	3.0	2.0	1756	$2,300	$1.31	24d	1	1.17mi
586 Oakside Dr SW Unit A Atlanta, GA	3.0	1.0	1075	$1,325	$1.23	14d	1	1.21mi
95 Howell Dr SW Atlanta, GA	3.0	2.5	1840	$1,840	$1.00	13d	1	1.23mi
350 Fennel Way SW Atlanta, GA	4.0	2.0	1450	$1,500	$1.03	20d	1	1.24mi
87 Howell Dr SW Atlanta, GA	3.0	2.5	1840	$2,700	$1.47	24d	1	1.24mi
3919 Wisteria Ln SW Atlanta, GA	4.0	2.0	1126	$1,730	$1.54	13d	1	1.25mi
1026 Lynhurst Dr SW Atlanta, GA	3.0	2.0	1728	$2,500	$1.45	12d	1	1.28mi
4341 Cascade Rd SW Atlanta, GA	1.0–3.0	1.0–2.0	959	$1,535	$1.60	43d	1	1.35mi
3354 Delmar Ln NW Atlanta, GA	3.0	2.0	1170	$1,700	$1.45	24d	1	1.38mi
4172 Renfrew Ct SW Atlanta, GA	4.0	2.0	1136	$1,200	$1.06	7d	1	1.43mi
40 Candlelight Ln SW Apt B Atlanta, GA	3.0	3.0	1274	$1,800	$1.41	24d	1	1.48mi

HOA detail

• Monthly dues: $350 · $4,200/yr
• Likely covers: security

Listing history 9 events

1. 2026-05-10
   status Under Contract 1819-char remark

   Show marketing remark (1641 chars)

   Price Improvement + Investor Incentive Opportunity Now Offered at $205,000 + $5,000 Closing Cost Incentive Located in the rapidly expanding South Fulton corridor, 3614 Utoy Drive SW presents a compelling opportunity for investors seeking a stable, income-producing asset with long-term upside. Positioned within a gated community, this three-level townhome offers 3 bedrooms and 3.5 bathrooms, thoughtfully designed for maximum rental efficiency and tenant retention. Each bedroom features its own private en-suite bath—creating an ideal roommate-style layout that enhances both privacy and income potential. The home features a classic brick-front exterior and a functional interior flow, complemented by an equipped kitchen with all appliances remaining—allowing for a seamless, turnkey transition for the next owner. What truly sets this opportunity apart is its proven rental stability—the current tenant has occupied the home for 8 years, underscoring consistent demand and long-term livability in this submarket. Strategically located just minutes from Camp Creek Marketplace, Hartsfield-Jackson Atlanta International Airport, and major highway corridors, this property offers convenient access to key employment hubs, retail, dining, and continued economic expansion throughout South Fulton. For investors seeking a low-maintenance, high-demand rental with immediate cash flow potential, this is a repositioned opportunity worth strong consideration. Reach out for additional details, current lease terms, or to position your offer strategically. Let’s elevate your investment portfolio.

2. 2026-05-10
   status Pending 1641-char remark

   Show marketing remark (1641 chars)

   Price Improvement + Investor Incentive Opportunity Now Offered at $205,000 + $5,000 Closing Cost Incentive Located in the rapidly expanding South Fulton corridor, 3614 Utoy Drive SW presents a compelling opportunity for investors seeking a stable, income-producing asset with long-term upside. Positioned within a gated community, this three-level townhome offers 3 bedrooms and 3.5 bathrooms, thoughtfully designed for maximum rental efficiency and tenant retention. Each bedroom features its own private en-suite bath—creating an ideal roommate-style layout that enhances both privacy and income potential. The home features a classic brick-front exterior and a functional interior flow, complemented by an equipped kitchen with all appliances remaining—allowing for a seamless, turnkey transition for the next owner. What truly sets this opportunity apart is its proven rental stability—the current tenant has occupied the home for 8 years, underscoring consistent demand and long-term livability in this submarket. Strategically located just minutes from Camp Creek Marketplace, Hartsfield-Jackson Atlanta International Airport, and major highway corridors, this property offers convenient access to key employment hubs, retail, dining, and continued economic expansion throughout South Fulton. For investors seeking a low-maintenance, high-demand rental with immediate cash flow potential, this is a repositioned opportunity worth strong consideration. Reach out for additional details, current lease terms, or to position your offer strategically. Let’s elevate your investment portfolio.

3. 2026-04-10
   price $205,000 1819-char remark

   Show marketing remark (1819 chars)

   Located in the rapidly growing South Fulton corridor, 3614 Utoy Drive SW presents an exceptional opportunity for investors seeking a turnkey, income-producing asset in one of Atlanta's expanding submarkets. Situated within a gated community, this three-level townhome features 3 bedrooms and 3.5 bathrooms, offering a functional layout designed to maximize rental appeal and long-term tenant retention. The home showcases a classic brick front exterior and a well-designed interior floor plan that naturally supports roommate-style living. Each of the three bedrooms includes its own private en-suite bathroom, creating an ideal roommate configuration that provides privacy for occupants while allowing owners to maximize rental potential. The kitchen is equipped with updated appliances, all of which remain with the property, offering a seamless transition for continued rental use. This property has already demonstrated strong rental stability, as the current tenant has successfully occupied the home for eight years, reflecting both the desirability of the property and the consistent demand for housing in the South Fulton area. Located just minutes from Camp Creek Marketplace, Hartsfield-Jackson International Airport, and major highway corridors, the property benefits from convenient access to employment centers, shopping, dining, and continued economic growth in the surrounding area. Investor-friendly showing terms: The property is currently tenant occupied and will be available for viewing during the buyer's due diligence period, allowing investors to secure the asset while maintaining tenant stability. For investors seeking a low-maintenance rental property with a proven occupancy history and strong long-term upside, 3614 Utoy Drive SW offers both stability and opportunity in the Atlanta market.

4. 2026-04-07
   price $205,000 1641-char remark

   Show marketing remark (1641 chars)

   Price Improvement + Investor Incentive Opportunity Now Offered at $205,000 + $5,000 Closing Cost Incentive Located in the rapidly expanding South Fulton corridor, 3614 Utoy Drive SW presents a compelling opportunity for investors seeking a stable, income-producing asset with long-term upside. Positioned within a gated community, this three-level townhome offers 3 bedrooms and 3.5 bathrooms, thoughtfully designed for maximum rental efficiency and tenant retention. Each bedroom features its own private en-suite bath—creating an ideal roommate-style layout that enhances both privacy and income potential. The home features a classic brick-front exterior and a functional interior flow, complemented by an equipped kitchen with all appliances remaining—allowing for a seamless, turnkey transition for the next owner. What truly sets this opportunity apart is its proven rental stability—the current tenant has occupied the home for 8 years, underscoring consistent demand and long-term livability in this submarket. Strategically located just minutes from Camp Creek Marketplace, Hartsfield-Jackson Atlanta International Airport, and major highway corridors, this property offers convenient access to key employment hubs, retail, dining, and continued economic expansion throughout South Fulton. For investors seeking a low-maintenance, high-demand rental with immediate cash flow potential, this is a repositioned opportunity worth strong consideration. Reach out for additional details, current lease terms, or to position your offer strategically. Let’s elevate your investment portfolio.

5. 2026-04-07
   price $205,000

   Show marketing remark (1641 chars)

   Price Improvement + Investor Incentive Opportunity Now Offered at $205,000 + $5,000 Closing Cost Incentive Located in the rapidly expanding South Fulton corridor, 3614 Utoy Drive SW presents a compelling opportunity for investors seeking a stable, income-producing asset with long-term upside. Positioned within a gated community, this three-level townhome offers 3 bedrooms and 3.5 bathrooms, thoughtfully designed for maximum rental efficiency and tenant retention. Each bedroom features its own private en-suite bath—creating an ideal roommate-style layout that enhances both privacy and income potential. The home features a classic brick-front exterior and a functional interior flow, complemented by an equipped kitchen with all appliances remaining—allowing for a seamless, turnkey transition for the next owner. What truly sets this opportunity apart is its proven rental stability—the current tenant has occupied the home for 8 years, underscoring consistent demand and long-term livability in this submarket. Strategically located just minutes from Camp Creek Marketplace, Hartsfield-Jackson Atlanta International Airport, and major highway corridors, this property offers convenient access to key employment hubs, retail, dining, and continued economic expansion throughout South Fulton. For investors seeking a low-maintenance, high-demand rental with immediate cash flow potential, this is a repositioned opportunity worth strong consideration. Reach out for additional details, current lease terms, or to position your offer strategically. Let’s elevate your investment portfolio.

6. 2026-03-09
   listed $220,000 Active 1641-char remark

   Show marketing remark (1641 chars)

   Price Improvement + Investor Incentive Opportunity Now Offered at $205,000 + $5,000 Closing Cost Incentive Located in the rapidly expanding South Fulton corridor, 3614 Utoy Drive SW presents a compelling opportunity for investors seeking a stable, income-producing asset with long-term upside. Positioned within a gated community, this three-level townhome offers 3 bedrooms and 3.5 bathrooms, thoughtfully designed for maximum rental efficiency and tenant retention. Each bedroom features its own private en-suite bath—creating an ideal roommate-style layout that enhances both privacy and income potential. The home features a classic brick-front exterior and a functional interior flow, complemented by an equipped kitchen with all appliances remaining—allowing for a seamless, turnkey transition for the next owner. What truly sets this opportunity apart is its proven rental stability—the current tenant has occupied the home for 8 years, underscoring consistent demand and long-term livability in this submarket. Strategically located just minutes from Camp Creek Marketplace, Hartsfield-Jackson Atlanta International Airport, and major highway corridors, this property offers convenient access to key employment hubs, retail, dining, and continued economic expansion throughout South Fulton. For investors seeking a low-maintenance, high-demand rental with immediate cash flow potential, this is a repositioned opportunity worth strong consideration. Reach out for additional details, current lease terms, or to position your offer strategically. Let’s elevate your investment portfolio.

7. 2026-03-05
   listed $220,000 New 1819-char remark

   Show marketing remark (1819 chars)

   Located in the rapidly growing South Fulton corridor, 3614 Utoy Drive SW presents an exceptional opportunity for investors seeking a turnkey, income-producing asset in one of Atlanta's expanding submarkets. Situated within a gated community, this three-level townhome features 3 bedrooms and 3.5 bathrooms, offering a functional layout designed to maximize rental appeal and long-term tenant retention. The home showcases a classic brick front exterior and a well-designed interior floor plan that naturally supports roommate-style living. Each of the three bedrooms includes its own private en-suite bathroom, creating an ideal roommate configuration that provides privacy for occupants while allowing owners to maximize rental potential. The kitchen is equipped with updated appliances, all of which remain with the property, offering a seamless transition for continued rental use. This property has already demonstrated strong rental stability, as the current tenant has successfully occupied the home for eight years, reflecting both the desirability of the property and the consistent demand for housing in the South Fulton area. Located just minutes from Camp Creek Marketplace, Hartsfield-Jackson International Airport, and major highway corridors, the property benefits from convenient access to employment centers, shopping, dining, and continued economic growth in the surrounding area. Investor-friendly showing terms: The property is currently tenant occupied and will be available for viewing during the buyer's due diligence period, allowing investors to secure the asset while maintaining tenant stability. For investors seeking a low-maintenance rental property with a proven occupancy history and strong long-term upside, 3614 Utoy Drive SW offers both stability and opportunity in the Atlanta market.

8. 2026-03-05
   listed $220,000 Active

   Show marketing remark (1819 chars)

   Located in the rapidly growing South Fulton corridor, 3614 Utoy Drive SW presents an exceptional opportunity for investors seeking a turnkey, income-producing asset in one of Atlanta's expanding submarkets. Situated within a gated community, this three-level townhome features 3 bedrooms and 3.5 bathrooms, offering a functional layout designed to maximize rental appeal and long-term tenant retention. The home showcases a classic brick front exterior and a well-designed interior floor plan that naturally supports roommate-style living. Each of the three bedrooms includes its own private en-suite bathroom, creating an ideal roommate configuration that provides privacy for occupants while allowing owners to maximize rental potential. The kitchen is equipped with updated appliances, all of which remain with the property, offering a seamless transition for continued rental use. This property has already demonstrated strong rental stability, as the current tenant has successfully occupied the home for eight years, reflecting both the desirability of the property and the consistent demand for housing in the South Fulton area. Located just minutes from Camp Creek Marketplace, Hartsfield-Jackson International Airport, and major highway corridors, the property benefits from convenient access to employment centers, shopping, dining, and continued economic growth in the surrounding area. Investor-friendly showing terms: The property is currently tenant occupied and will be available for viewing during the buyer's due diligence period, allowing investors to secure the asset while maintaining tenant stability. For investors seeking a low-maintenance rental property with a proven occupancy history and strong long-term upside, 3614 Utoy Drive SW offers both stability and opportunity in the Atlanta market.

9. 2007-05-18
   soldstatus $330,500

ⓘ 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: $1,312 · $109/mo
• Projected year-2 tax: $1,886 · $157/mo
• Expected delta: +$574/yr (+$48/mo · 43.7%)

ⓘ 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 · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,097
• − Mortgage interest: −$11,483
• − Property taxes: −$1,312
• − Insurance: −$1,025
• − Repairs & maintenance: −$2,088
• − Management: −$2,088
• − HOA: −$4,200
• − Depreciation: −$5,964
• Taxable loss: −$2,063
• Est. tax savings @ 24.0%: +$495
• After-tax cash flow: $1,674/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): 62,567
• Household income: $62,623
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 3748.0

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 (94%)
• Race & ethnicity: Black 94% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Hispanic 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 1% 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: ▼ -106.38%
• Current HPI: 204.5402
• Rent YoY: ▲ 2.63%
• 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

-38.0% since first listed

9 events — show timeline

• 2026-05-10 Pending — GAMLS
• 2026-05-10 Pending — FMLS
• 2026-04-10 Price Changed $205,000 GAMLS
• 2026-04-07 Price Changed $205,000 FMLS
• 2026-04-07 Price Changed $205,000 FMLS
• 2026-03-09 Listed $220,000 FMLS
• 2026-03-05 Listed $220,000 FMLS
• 2026-03-05 Listed $220,000 GAMLS
• 2007-05-18 Sold (Public Records) $330,500 Public Records

Property tax history

-3.0%/yr

Latest (2025): $1,312 · +4.4% YoY. Source: county tax records.