673 Boulevard NE #3 · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 22.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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).
- ARV discount +15.0/15.0
- Cash flow +13.0/30.0
- 1% rule +5.1/10.0
- Livability +4.2/5.0
- DSCR +3.9/10.0
- Rent growth +2.8/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$185,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta's most dynamic neighborhoods. Washer, dryer and furniture included
Key facts
- Large windows
- Contemporary kitchen
- Ample closet space
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $185k.
Deal economics
- At list price, monthly cash flow is $-9 ($-104/yr) — negative.
- To cash-flow at today's rent, offer at most $183k (0.8% below list).
- Meets the 1% rule at list price ($2k rent vs $185k).
- Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.2% 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 (+1.1%/yr); 319 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 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 $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 140 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 8y 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.
Risks & watch-outs
- Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 140 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.01% ✓
- Cap rate
- 6.24%
- Cash-on-cash
- -0.20%
- DSCR
- 0.99
- GRM
- 8.2
CMA / ARV
- ARV (median comp)
- $271,807
- List price
- $185,000
- Delta
- -31.94%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 1.12% rent growth · sell at horizon
- IRR
- -19.0%
- Equity multiple
- 0.35×
- Total profit
- $-33,853
- Equity at exit
- $27,584
- IRR
- -16.6%
- Equity multiple
- 0.16×
- Total profit
- $-43,296
- Equity at exit
- $15,995
Cash invested: $51,800 (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
ZIP-level market 30308
- Rents YoY
- 1.1%
- Active inventory
- 319
- Price-to-rent
- 8.2×
Monthly cashflow live
- Estimated rent
- $1,873 high interval (Pro) →
- Mortgage (P&I)
- −$970
- Tax from tax record
- −$112 /mo · $1,345/yr
- Insurance
- −$77
- HOA
- −$329
- Vacancy / Maint / Mgmt
- −$393
- Net cashflow
- $-9
Break-even live
Sensitivity live
| Price | -10% $96 | -5% $44 | +0% $-9 | +5% $-61 | +10% $-113 |
|---|---|---|---|---|---|
| Rent | -10% $-157 | -5% $-83 | +0% $-9 | +5% $65 | +10% $139 |
| Rate | -1.0pp $84 | -0.5pp $38 | base $-9 | +0.5pp $-57 | +1.0pp $-105 |
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
- $46,250
- Closing costs
- $5,550
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 745 Monroe Dr NE #9 Atlanta, GA | 1.0 | 1.0 | 620 | $1,800 | $2.90 | 25d | 1 | 0.13mi |
| 525 North Ave NE Atlanta, GA | 2.0 | 1.0–2.0 | 913 | $2,515 | $2.75 | 4d | 13 | 0.17mi |
| 620 Glen Iris Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 961 | $2,050 | $2.13 | 0d | 5 | 0.18mi |
| 620 Glen Iris Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 943 | $1,895 | $2.01 | 14d | 4 | 0.18mi |
| 536 Boulevard Pl NE Unit 1 Atlanta, GA | 2.0 | 2.0 | 750 | $1,995 | $2.66 | 9d | 1 | 0.21mi |
| 639 Glen Iris Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 587 | $1,777 | $3.02 | 0d | 26 | 0.22mi |
| 542 Boulevard Pl NE Unit C Atlanta, GA | 1.0 | 1.0 | 558 | $3,000 | $5.38 | 23d | 1 | 0.22mi |
| 555 Boulevard NE Atlanta, GA | 2.0 | 1.0–2.0 | 586 | $1,840 | $3.14 | 0d | 13 | 0.22mi |
| 806 Vedado Way NE Unit 1 Atlanta, GA | 1.0 | 1.0 | 650 | $3,000 | $4.62 | 3d | 1 | 0.25mi |
| 799 Charles Allen Dr NE Unit 4 Atlanta, GA | 1.0 | 1.0 | 500 | $2,600 | $5.20 | 20d | 1 | 0.25mi |
| 542 Unit 1299415P Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 742 | $3,082 | $4.15 | 12d | 2 | 0.28mi |
| 538 Winton Ter NE Unit B Atlanta, GA | 1.0 | 1.0 | 662 | $3,000 | $4.53 | 9d | 1 | 0.31mi |
| 538 Winton Ter NE Unit A Atlanta, GA | 1.0 | 1.0 | 662 | $3,000 | $4.53 | 22d | 1 | 0.31mi |
| 525 Parkway Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.5 | 907 | $1,445 | $1.59 | 9d | 3 | 0.31mi |
| 525 Parkway Dr NE Atlanta, GA | 1.0–2.0 | 1.0–2.5 | 907 | $1,600 | $1.76 | 6d | 2 | 0.31mi |
| 852 Monroe Dr NE Unit 02 Atlanta, GA | 1.0 | 1.0 | 550 | $1,695 | $3.08 | 0d | 1 | 0.33mi |
| 852 Monroe Dr NE Unit 02 Atlanta, GA | — | 1.0 | 550 | $1,695 | $3.08 | 25d | 1 | 0.33mi |
| 641 North Ave NE Atlanta, GA | 2.0 | 1.0–2.0 | 954 | $2,756 | $2.89 | 0d | 23 | 0.34mi |
| 855 Charles Allen Dr NE Atlanta, GA | 1.0 | 1.0 | 550 | $1,299 | $2.36 | 16d | 1 | 0.36mi |
| 711 Argonne Ave NE Unit 5 Atlanta, GA | 1.0 | 1.0 | 550 | $1,075 | $1.95 | 9d | 1 | 0.37mi |
| 711 Argonne Ave NE Unit 5 Atlanta, GA | 1.0 | 1.0 | 550 | $1,075 | $1.95 | 0d | 1 | 0.37mi |
| 869 Charles Allen Dr NE Unit 873-1 Atlanta, GA | — | 1.0 | 500 | $1,250 | $2.50 | 16d | 1 | 0.38mi |
| 500 Parkway Dr NE Unit 08 Atlanta, GA | 2.0 | 2.0 | 730 | $1,595 | $2.18 | 0d | 1 | 0.38mi |
| 500 Parkway Dr NE Unit 02 Atlanta, GA | 1.0 | 1.0 | 550 | $1,425 | $2.59 | 0d | 1 | 0.38mi |
| 500 Parkway Dr NE Unit 02 Atlanta, GA | 1.0 | 1.0 | 550 | $1,425 | $2.59 | 25d | 1 | 0.38mi |
| 699 Ponce de Leon Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 850 | $1,625 | $1.91 | 3d | 7 | 0.40mi |
| 265 Ponce de Leon Ave NE Atlanta, GA | 2.0 | 1.0–2.0 | 919 | $1,844 | $2.01 | 0d | 11 | 0.44mi |
| 300 Cityline Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 895 | $1,352 | $1.51 | 0d | 8 | 0.45mi |
| 477 Wilmer St NE Atlanta, GA | 1.0 | 1.0 | 745 | $1,959 | $2.63 | 0d | 6 | 0.47mi |
| 674 Somerset Ter NE Unit 3 Atlanta, GA | 1.0 | 1.0 | 550 | $1,195 | $2.17 | 0d | 1 | 0.48mi |
| 678 Somerset Ter NE Unit 7 Atlanta, GA | 1.0 | 1.0 | 700 | $1,395 | $1.99 | 0d | 1 | 0.48mi |
| 834 Argonne Ave NE Atlanta, GA | 1.0 | 1.0 | 500 | $1,445 | $2.89 | 25d | 1 | 0.50mi |
| 428 Parkway Dr NE Unit 430 103 Atlanta, GA | 2.0 | 1.0 | 700 | $1,545 | $2.21 | 4d | 1 | 0.50mi |
| 700 Rankin St NE Atlanta, GA | 3.0 | 1.0–2.5 | 1035 | $3,887 | $3.76 | 0d | 17 | 0.52mi |
| 411 Parkway Dr NE Atlanta, GA | 1.0 | 1.0 | 650 | $1,200 | $1.85 | 18d | 1 | 0.53mi |
| 833 Ponce De Leon Pl NE Unit 06 Atlanta, GA | 1.0 | 1.0 | 750 | $1,625 | $2.17 | 16d | 1 | 0.53mi |
| 652 Angier Ave NE Atlanta, GA | 2.0 | 1.0–2.0 | 954 | $2,480 | $2.60 | 0d | 4 | 0.53mi |
| 215 North Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1044 | $1,459 | $1.40 | 25d | 22 | 0.54mi |
| 766 Saint Charles Ave NE Unit 3 Atlanta, GA | 1.0 | 1.0 | 705 | $1,950 | $2.77 | 22d | 1 | 0.54mi |
| 773 Greenwood Ave NE Unit 07 Atlanta, GA | 1.0 | 1.0 | 650 | $1,395 | $2.15 | 0d | 1 | 0.57mi |
HOA detail condo
- Monthly dues
- $329 · $3,948/yr
- Likely covers
- securityparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 38 events
-
2026-06-21days on market $185,000 Active 140 DOM
-
2026-06-18days on market $185,000 Active 137 DOM
-
2026-06-17days on market $185,000 Active 136 DOM
-
2026-06-16days on market $185,000 Active 135 DOM
-
2026-06-15days on market $185,000 Active 134 DOM
-
2026-06-13days on market $185,000 Active 132 DOM
-
2026-06-13days on market $185,000 Active 131 DOM
-
2026-06-09days on market $185,000 Active 128 DOM
-
2026-06-08days on market $185,000 Active 127 DOM
-
2026-06-07days on market $185,000 Active 126 DOM
-
2026-06-04days on market $185,000 Active 123 DOM
-
2026-06-03days on market $185,000 Active 122 DOM
-
2026-06-02days on market $185,000 Active 121 DOM
-
2026-06-01days on market $185,000 Active 120 DOM
-
2026-05-31days on market $185,000 Active 119 DOM
-
2026-04-23price $185,000 980-char remark
Show marketing remark (1070 chars)
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta’s most dynamic neighborhoods. By partnering with our trusted mortgage professional, a lender credit is available. Washer, dryer and furniture included
-
2026-04-23price $185,000 1070-char remark
Show marketing remark (1070 chars)
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta’s most dynamic neighborhoods. By partnering with our trusted mortgage professional, a lender credit is available. Washer, dryer and furniture included
-
2026-03-07price $190,000 980-char remark
Show marketing remark (980 chars)
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta's most dynamic neighborhoods. Washer, dryer and furniture included
-
2026-03-04price $190,000 1070-char remark
Show marketing remark (1070 chars)
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta’s most dynamic neighborhoods. By partnering with our trusted mortgage professional, a lender credit is available. Washer, dryer and furniture included
-
2026-02-01$194,000 New 980-char remark
Show marketing remark (1070 chars)
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta’s most dynamic neighborhoods. By partnering with our trusted mortgage professional, a lender credit is available. Washer, dryer and furniture included
-
2026-02-01$194,000 Active 1070-char remark
Show marketing remark (1070 chars)
*Motivated Seller* Welcome to your stylish city retreat in the vibrant heart of Atlanta's Old Fourth Ward! Located in the vibrant heart of downtown Atlanta, you'll be just steps away from Ponce City Market, the Atlanta Beltline, Piedmont Park and lots of restaurants and shopping! This well-designed 1-bedroom, 1-bathroom condo is the perfect blend of comfort, convenience, and city energy. Step inside to find an open-concept layout with large windows that flood the space with natural light. The living area flows seamlessly into a contemporary kitchen. Walk through the beautiful french doors into the comfortably sized bedroom with ample closet space. Enjoy the convenience of an in-home washer and dryer, a private storage unit, and an assigned parking space in a secured, gated area. Perfect for first-time buyers, students, professionals, or anyone looking for a low-maintenance lifestyle in one of Atlanta’s most dynamic neighborhoods. By partnering with our trusted mortgage professional, a lender credit is available. Washer, dryer and furniture included
-
2026-01-31historical
-
2025-10-02$199,000 New
-
2020-07-10soldstatus $170,000 Closed
-
2020-07-10soldstatus $170,000 Sold
-
2020-06-22status Under Contract
-
2020-06-17status Pending
-
2020-06-10historical Active Under Contract
-
2020-05-14price $173,000
-
2020-05-14price $173,000
-
2020-04-24$176,900 Active
-
2020-04-24$176,900 New
-
2018-11-05soldstatus $163,000
-
2018-11-02soldstatus $162,975 Sold
-
2018-10-02status Pending
-
2018-09-25historical Contingent - Due Diligence
-
2018-09-17$159,000 Active
-
2003-09-19soldstatus $118,800
ⓘ 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
- $1,345 · $112/mo
- Projected year-2 tax
- $1,702 · $142/mo
- Expected delta
- +$357/yr (+$30/mo · 26.5%)
ⓘ 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 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
- Wind 4/10 Moderate 22% 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
- $22,476
- − Mortgage interest
- −$10,363
- − Property taxes
- −$1,345
- − Insurance
- −$925
- − Repairs & maintenance
- −$1,798
- − Management
- −$1,798
- − HOA
- −$3,948
- − Depreciation
- −$5,382
- Taxable loss
- −$3,083
- Est. tax savings @ 24.0%
- +$740
- After-tax cash flow
- $636/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
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)
- 23,181
- Household income
- $85,693
- Rent vs Own
- Severe rent burden
- 2306.0
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 0.64)
- Race & ethnicity
- White 53% Black 26% Two or more races 10% Hispanic / Latino 7% Asian 7%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2%
- Common ancestry
- Italian 4% Romanian 3% Lithuanian 2%
- Foreign-born
- 12% · Canada, South Korea, China
- Languages at home
- 85% English-only · Spanish 6% Other Indo-European 2% Other Asian/Pacific 2%
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
- ▼ -293.30%
- Current HPI
- 159.9963
- Rent YoY
- ▲ 1.12%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+55.7% since first listed23 events — show timeline
- 2026-04-23 Price Changed $185,000 GAMLS
- 2026-04-23 Price Changed $185,000 FMLS
- 2026-03-07 Price Changed $190,000 GAMLS
- 2026-03-04 Price Changed $190,000 FMLS
- 2026-02-01 Listed $194,000 FMLS
- 2026-02-01 Listed $194,000 GAMLS
- 2026-01-31 Listing Removed — GAMLS
- 2025-10-02 Listed $199,000 GAMLS
- 2020-07-10 Sold (MLS) $170,000 GAMLS
- 2020-07-10 Sold (MLS) $170,000 FMLS
- 2020-06-22 Pending — GAMLS
- 2020-06-17 Pending — FMLS
- 2020-06-10 Contingent — FMLS
- 2020-05-14 Price Changed $173,000 GAMLS
- 2020-05-14 Price Changed $173,000 FMLS
- 2020-04-24 Listed $176,900 GAMLS
- 2020-04-24 Listed $176,900 FMLS
- 2018-11-05 Sold (Public Records) $163,000 Public Records
- 2018-11-02 Sold (MLS) $162,975 FMLS
- 2018-10-02 Pending — FMLS
- 2018-09-25 Contingent — FMLS
- 2018-09-17 Listed $159,000 FMLS
- 2003-09-19 Sold (Public Records) $118,800 Public Records
Property tax history
-0.5%/yrLatest (2025): $1,345 · -1.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…