1582 Bridgeport Dr NW · Atlanta, GA 30318

$109,900

3 bd · 1.0 ba · 1,104 sqft · SingleFamily public records · 26 Days on market

Built 1959 10,197 sqft lot $100/sqft · 45% below area Est $200k · 45% under

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

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

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.2/5.0
• Rent growth +3.3/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller's closing attorney

Key facts

• 0.23 acre lot
• Built 1959
• Listed 26 days

Property features AI

Exterior

• Parking: Driveway parking (open)
• Utilities: Public water; Public sewer; 110 volt electric; Cable available; Electricity available; Natural gas available; Water available; Sewer available
• Home design: One level; Frame construction; Composition roof; Property listed as fixer; Combination foundation
• Construction: Frame construction; Composition roof; Combination foundation
• Exterior features: City street frontage; Asphalt road surface

Interior

• Kitchen: Cabinets (other)
• Bedrooms: Three main-level bedrooms
• Flooring: Other
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No shared/common walls; Attic; Crawl space
• Laundry & utility: Laundry features: other

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $718 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $108k (1.5% below list) — sets the bar for market timing.

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: 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.
• Zoned schools: William J. Scott Elementary School (math 5% / reading 5%, grade F, #1,160 of 1,228 statewide, top 98%, 289 students, 100% FRL); John Lewis Invictus Academy (math 2% / reading 2%, grade F, #470 of 470 statewide, top 100%, 825 students, 100% FRL); Frederick Douglass High School (math 24%, 1,112 students, 100% FRL) — zoned schools average 100% FRL vs 71% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 4% at this address vs 32% district-wide (-28 pts) — the specific schools serving this property underperform the Atlanta Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.3%/yr); 732 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals leasing fast (median 7d 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 $760 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.3% rent growth), your $31k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 4 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.
• Current owner paid $20k; list at $110k implies a 436% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1959 — 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.

Recommended offer $108,251 (1.5% below list)

Questions for the listing agent

1. Built in 1959 — 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: 1.81% ✓
• Cap rate: 14.13%
• Cash-on-cash: 27.99%
• DSCR: 2.25
• GRM: 4.6

CMA / ARV

• ARV (median comp): $200,447
• List price: $109,900
• Delta: -45.17%
• 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
2745 Marco Dr NW	0.11mi	3/2.0	1,104 (0%)	2mo	$270,000	$245	90
1639 Bridgeport Dr NW	0.08mi	3/2.0	1,150 (+4%)	4mo	$156,000	$136	82
2757 Revere Dr NW	0.11mi	3/2.0	1,132 (+2%)	8mo	$147,000	$130	80
1603 Bridgeport Dr	0.05mi	3/2.0	1,024 (-7%)	14mo	$222,000	$217	70
1661 Barrett Dr NW	0.35mi	3/1.0	1,000 (-9%)	9mo	$239,000	$239	61
2795 Argyle Dr NW	0.13mi	4/3.0 (+1)	1,190 (+8%)	18mo	$245,000	$206	53
2924 Delray Dr NW	0.16mi	3/2.5	1,242 (+12%)	15mo	$200,000	$161	53
1735 Bolton Rd NW	0.49mi	2/1.0 (-1)	1,224 (+11%)	2mo	$150,000	$123	52
1585 Abner Ter NW	0.70mi	3/1.5	1,049 (-5%)	8mo	$275,000	$262	51
1650 Randee St NW	0.46mi	4/2.5 (+1)	1,152 (+4%)	12mo	$342,500	$297	50
2465 Abner Pl NW	0.59mi	3/2.0	1,004 (-9%)	6mo	$189,000	$188	48
1705 NW Mary George Ave	0.75mi	4/2.0 (+1)	1,100 (-0%)	12mo	$275,000	$250	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.26% rent growth · sell at horizon

5-year hold

• IRR: 22.5%
• Equity multiple: 1.93×
• Total profit: $28,518
• Equity at exit: $16,386

10-year hold

• IRR: 30.7%
• Equity multiple: 3.80×
• Total profit: $86,217
• Equity at exit: $9,502

Cash invested: $30,772 (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 30318

• Rents YoY: 3.3%
• Active inventory: 732
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,992 high
• Mortgage (P&I): −$576
• Tax from tax record: −$234 /mo · $2,810/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $718

Break-even live

Break-even rent $1,084

Max offer price $109,900

Occupancy floor 59%

Sensitivity live

Price	-10% $780	-5% $749	+0% $718	+5% $687	+10% $656
Rent	-10% $560	-5% $639	+0% $718	+5% $796	+10% $875
Rate	-1.0pp $773	-0.5pp $746	base $718	+0.5pp $689	+1.0pp $660

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1647 Bridgeport Dr NW Atlanta, GA	4.0	2.0	1250	$2,100	$1.68	5d	1	0.11mi
2862 Argyle Dr NW Atlanta, GA	3.0	1.0	816	$1,700	$2.08	6d	1	0.21mi
1620 Hollywood Rd NW Atlanta, GA	3.0	1.0	937	$1,199	$1.28	4d	1	0.40mi
1315 Northwest Dr NW Atlanta, GA	3.0	1.0–2.0	908	$2,415	$2.66	0d	34	0.44mi
1400 Northwest Dr NW Unit A Atlanta, GA	3.0	2.0	1228	$2,600	$2.12	26d	1	0.49mi
1725 Church St NW Atlanta, GA	4.0	2.0	1274	$2,013	$1.58	0d	1	0.62mi
2625 Peyton Rd NW Atlanta, GA	3.0	2.0	1100	$2,300	$2.09	19d	1	0.68mi
2430 Perry Blvd NW Atlanta, GA	2.0	1.0	800	$1,500	$1.88	26d	1	0.70mi
1212 James Jackson Pkwy NW Atlanta, GA	3.0	2.0	1211	$1,782	$1.47	16d	1	0.71mi
2888 Parrott Ave NW Unit A Atlanta, GA	2.0	1.0	1020	$1,650	$1.62	21d	1	0.73mi
2000 James Jackson Pkwy NW Atlanta, GA	1.0–2.0	1.0–2.0	909	$2,240	$2.46	0d	10	0.79mi
10 Smith St NW Atlanta, GA	2.0	2.0	1008	$2,395	$2.38	0d	1	0.80mi
10 Smith St NW Atlanta, GA	2.0	2.0	1008	$2,395	$2.38	15d	1	0.80mi
2431 Saint Paul Ave NW Atlanta, GA	3.0	2.0	1134	$2,045	$1.80	3d	1	0.84mi
1648 Mary George Ave NW Atlanta, GA	3.0	2.0	1056	$1,950	$1.85	12d	1	0.86mi
2265 Perry Blvd NW Atlanta, GA	3.0	1.0	645	$1,580	$2.45	0d	25	0.93mi
2130 Main St NW Atlanta, GA	2.0	1.0	768	$1,900	$2.47	26d	1	1.04mi
2019 Claude St NW Atlanta, GA	3.0	1.5	925	$1,900	$2.05	26d	1	1.05mi
2075 Claude St NW Atlanta, GA	3.0	1.0	925	$1,750	$1.89	26d	1	1.14mi
1006 Hightower Rd NW Atlanta, GA	3.0	2.0	1320	$2,065	$1.56	15d	1	1.15mi
2284 Alvin Dr NW Unit B 1 Atlanta, GA	3.0	1.0	875	$1,025	$1.17	0d	1	1.17mi
2284 Alvin Dr NW Unit B 1 Atlanta, GA	3.0	1.0	875	$1,025	$1.17	4d	1	1.17mi
2284 Alvin Dr NW Unit D Atlanta, GA	2.0	1.0	868	$995	$1.15	0d	1	1.17mi
2284 Alvin Dr NW Unit D Atlanta, GA	2.0	1.0	868	$995	$1.15	4d	1	1.17mi
2595 Elliott St NW Atlanta, GA	4.0	2.0	1101	$1,900	$1.73	12d	1	1.20mi
2145 Bolton Rd NW Atlanta, GA	1.0–2.0	1.0	800	$1,249	$1.56	3d	2	1.22mi
1071 Bolton Rd NW Atlanta, GA	3.0	2.0–2.5	1358	$2,388	$1.76	6d	2	1.40mi
6025 River View Rd SE Mableton, GA	1.0–2.0	1.0–2.0	925	$2,225	$2.41	0d	17	1.41mi
991 Ada Ave NW Atlanta, GA	4.0	2.0	1458	$2,450	$1.68	26d	1	1.41mi
6255 Riverview Rd SE Mableton, GA	1.0–3.0	1.0–2.0	1033	$2,364	$2.29	0d	23	1.43mi
1021 Harwell Rd NW Atlanta, GA	1.0–2.0	1.0–1.5	1002	$1,534	$1.53	9d	15	1.44mi
1070 Bolton Rd NW Atlanta, GA	1.0–3.0	1.0–3.0	1094	$2,196	$2.01	3d	12	1.48mi

Listing history 14 events

1. 2026-06-21
   days on market $109,900 Active 26 DOM
2. 2026-06-18
   days on market $109,900 Active 23 DOM
3. 2026-06-17
   days on market $109,900 Active 22 DOM
4. 2026-06-16
   days on market $109,900 Active 21 DOM
5. 2026-06-15
   days on market $109,900 Active 20 DOM
6. 2026-06-13
   days on market $109,900 Active 18 DOM
7. 2026-06-13
   days on market $109,900 Active 17 DOM
8. 2026-06-09
   days on market $109,900 Active 14 DOM
9. 2026-06-08
   days on market $109,900 Active 13 DOM
10. 2026-06-07
    statusdays on market $109,900 Active 12 DOM
11. 2026-05-08
    listed $109,900 Active 346-char remark

    Show marketing remark (312 chars)

    Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller's closing attorney

12. 2026-05-08
    listed $109,900 New 312-char remark

    Show marketing remark (312 chars)

    Investors wanted. This home has been cleaned out and ready for a straightforward easy rehab. Make your offer today! Perfect for fix & flip investors looking to increase the value. It would be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller's closing attorney

13. 1984-10-16
    soldstatus $20,500
14. 1982-11-11
    soldstatus $16,000

ⓘ 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: $2,810 · $234/mo
• Projected year-2 tax: $2,810 · $234/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,909
• − Mortgage interest: −$6,156
• − Property taxes: −$2,810
• − Insurance: −$550
• − Repairs & maintenance: −$1,913
• − Management: −$1,913
• − Depreciation: −$3,197
• Taxable income: $7,371
• Est. tax owed @ 24.0%: −$1,769
• After-tax cash flow: $6,844/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Atlanta Public Schools
• NCES district ID: 1300120
• Math proficiency: 28% ▼ -6.00%
• Reading proficiency: 35% ▼ -2.00%
• Median HH income: $48,306
• Composite: 27.27/100
• National rank: #7006
• State rank: #80 of 174 in GA

Livability — Atlanta

• Score: 83/100
• State rank: #6
• US rank: #919

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Atlanta, GA
• County: Fulton County · 1,094,430 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 59,609
• Household income: $83,116
• Rent vs Own: 58.6% rent · 41.4% own
• Severe rent burden: 4182.0

Population outlook (Fulton County) Hauer SSP2

• Today (2025): 1,203,707 people
• By 2030: 1,299,706 · +8.0%
• By 2040: 1,488,256 · +23.6%
• By 2050: 1,664,580 · +38.3%
• By 2075: 2,036,072 · +69.2%
• By 2100: 2,222,402 · +84.6%

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Fulton

• 2024 margin: Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
• 2008→2024 swing: +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
• All cycles: 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -470.82%
• Current HPI: 224.1493
• Rent YoY: ▲ 3.26%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+586.9% since first listed

8 events — show timeline

• 2026-06-06 Relisted — GAMLS
• 2026-06-06 Relisted — FMLS
• 2026-05-24 Pending — GAMLS
• 2026-05-19 Pending — FMLS
• 2026-05-08 Listed $109,900 FMLS
• 2026-05-08 Listed $109,900 GAMLS
• 1984-10-16 Sold (Public Records) $20,500 Public Records
• 1982-11-11 Sold (Public Records) $16,000 Public Records

Property tax history

+9.1%/yr

Latest (2025): $2,810 · -12.0% YoY. Source: county tax records.